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Economic Calendar for February 29, 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 |
2:00am |
German Retail Sales m/m |
EUR |
1.0% |
-1.0% |
| High |
2:00am |
Nationwide House Prices m/m |
GBP |
0.0% |
-0.1% |
| Med |
4:30am |
Net Lending to Individuals m/m |
GBP |
9.0B |
9.2B |
| High |
5:30am |
Leading Index m/m |
CHF |
1.60 |
1.70 |
| Med |
8:30am |
Current Account |
CAD |
0.0B |
1.0B |
| Med |
8:30am |
Core PCE Price Index m/m |
USD |
0.3% |
0.2% |
| Med |
8:30am |
Personal Spending m/m |
USD |
0.2% |
0.2% |
| Med |
9:45am |
Chicago PMI |
USD |
49.4 |
51.5 |
| Med |
10:00am |
Consumer Sentiment (r) |
USD |
70.0 |
69.6 |
| Med |
11:00am |
Fed Governor Mishkin Speaks |
USD |
- |
- |
Earnings Announcements for February 29, 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 |
| None |
|
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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 28, 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 |
12,689.00 |
12,537.00 |
152.00 |
242 mil |
| S&P 500 |
1,378.16 |
1,363.16 |
15.00 |
N/A |
| NASDAQ |
2,352.88 |
2,324.47 |
28.41 |
2,054 mil |
| NYSE |
9,292.68 |
9,188.12 |
104.56 |
3,796 mil |
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