|
Economic Calendar for February 26,
2008
Vital
economic data can make or break a trade and can even
move the markets drastically. Traders should be
aware of upcoming economic data every day before
they even make their first days trade.
|
Impact |
Time |
|
Market |
Forecast |
Previous |
|
Med |
4:00am |
Consumption Indicator |
CHF |
2.150 |
2.200 |
|
Med |
4:00am |
German Ifo Business Climate Index |
EUR |
103.0 |
103.4 |
|
Med |
4:00am |
German Ifo Business Expectations
Index |
EUR |
98.7 |
99.0. |
|
Med |
4:30am |
Business Investment q/q (p) |
GBP |
1.0% |
2.0% |
|
Med |
6:00am |
CBI Distributive Trades Realized |
GBP |
- |
4 |
|
High |
8:30am |
PPI m/m |
USD |
0.4% |
-0.3% |
|
Med |
8:30am |
Core PPI m/m |
USD |
0.2% |
0.2% |
|
Med |
9:00am |
National HPI Composite-20 y/y |
USD |
-9.9% |
-7.7% |
|
Med |
10:00am |
Consumer Confidence |
USD |
82.0 |
87.9 |
|
Med |
11:00am |
BOC Deputy Governor Jenkins Speaks |
CAD |
- |
- |
|
Med |
12:15pm |
Fed Vice Chariman Kohn Speaks |
USD |
- |
- |
|
High |
4:45pm |
Building Consents m/m |
NZD |
-5.2% |
-5.2% |
|
Med |
7:30pm |
Construction Work Done q/q |
AUD |
2.0% |
2.8% |
|
Med |
9:00pm |
Business Confidence |
NZD |
-25.0 |
-24.9 |
Earnings Announcements for February 26,
2008
Earnings
Season undoubtedly provides market moving action for
any trader. Don’t be the last one to know the
results of key Earnings Announcements. Have the
edge; know who’s reporting when, first.
|
Time |
Symbol |
Company |
EPS Estimate |
|
After Market Close |
ARUN |
Aruba Networks |
0 |
|
Time Not Supplied |
DISH |
DISH Network |
+0.45 |
|
Time Not Supplied |
EP |
El Paso |
+0.28 |
|
Before Market Open |
HNZ |
H.J. Heinz Company |
+0.63 |
|
Time Not Supplied |
HD |
Home Depot |
+0.44 |
|
Time Not Supplied |
KBR |
KBR |
+0.32 |
|
Time Not Supplied |
M |
Macy's |
+1.6 |
|
Time Not Supplied |
ODP |
Office Depot |
+0.18 |
|
Before Market Open |
KWK |
Quicksilver Resources |
+0.24 |
|
Before Market Open |
TGT |
Target |
+1.23 |
|
Time Not Supplied |
TTI |
TETRA Technologies |
+0.23 |
|
Time Not Supplied |
URS |
URS |
+0.55 |
IPOs for the Week of February 25,
2008
Initial
Public Offering’s (IPO’s) trading activity can
provide profitable opportunities for the experienced
trader. Research upcoming new offerings for a
possible day trade or even a long term investment.
|
Symbol |
Company |
Price |
Underwriter |
No. of Shares |
|
BPW.U |
BPW Acquisition |
$10.00 |
Citi |
37.5 mil |
|
CRX.U |
China Resources |
$10.00 |
Maxim Group LLC |
4.0 mil |
|
GLE.U |
Global Alternative Asset Management |
$10.00 |
EarlyBird Capital |
15.0 mil |
Stock Splits for the Month of February
Stock Splits
can provide nice trading action, for the active day
trader. Stocks that split tend to be quite volatile
on the date of the announcement and even more
trading action the date of the official split.
|
Ex Date |
Symbol |
Company |
Optionable |
Ratio |
|
Feb 01 |
KWK |
Quicksilver Resrcs |
Y |
2-1 |
|
Feb 04 |
CJR |
Corus Entertainment |
N |
2-1 |
|
Feb 05 |
MCRS |
Micros Systems |
Y |
2-1 |
|
Feb 05 |
PEG |
Public Service |
Y |
2-1 |
|
Feb 08 |
JASO |
JA
Solar |
N |
3-1 |
|
Feb 29 |
RBN |
Robbins & Myers |
N |
2-1 |
Major Indices Statistics for February 25, 2008
Monitor
statistics of the Major Indices on a daily basis.
Track their highs and lows plus, their daily trading
ranges for potential trading patterns.
|
Index |
High of Day |
Low of Day |
Range |
Volume |
|
Dow Jones |
12,584.00 |
12,341.00 |
243.00 |
287 mil |
|
S&P 500 |
1,374.36 |
1,346.03 |
28.33 |
N/A |
|
NASDAQ |
2,333.71 |
2,294.38 |
39.33 |
2,104 mil |
|
NYSE |
9,221.80 |
9,029.99 |
191.81 |
3,769 mil |
|