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Economic Calendar for March 6, 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 |
1:00am |
Machine Tool Orders y/y |
JPY |
- |
0.0% |
| High |
3:00am |
Halifax House Price Index m/m |
GBP |
- |
0.0% |
| High |
7:00am |
Interest Rate Statement |
GBP |
5.25% |
5.25% |
| High |
7:45am |
Interest Rate Announcement |
EUR |
4.00% |
4.00% |
| High |
8:30am |
Building Permits m/m |
CAD |
1.0% |
0.4% |
| High |
8:30am |
ECB President Trichet Speaks |
EUR |
- |
- |
| Med |
8:30am |
Unemployment Claims |
USD |
363K |
373K |
| High |
10:00am |
Ivey PMI |
CAD |
55.0 |
56.2 |
| Med |
10:00am |
Pending Home Sales m/m |
USD |
-1.0% |
-1.5% |
Earnings Announcements for March 6, 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 |
| Before Market Open |
AOB |
American Oriental Bioengineering |
+0.2 |
| Before Market Open |
JOYG |
Joy Global |
+0.65 |
| After Market Close |
MRVL |
Marvell Technology Group |
+0.11 |
| After Market Close |
NSM |
National Semiconductor |
+0.23 |
| After Market Close |
SWHC |
Smith & Wesson Holding |
-0.06 |
| Before Market Open |
URBN |
Urban Outfitters |
+0.29 |
IPOs for the Week of March 3, 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 |
| CRX.U |
China Resources |
$10.00 |
Maxim Group LLC |
4.0 mil |
Stock Splits for the Month of March
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 |
| Mar 04 |
NJR |
NJ Resources |
N |
3-2 |
| Mar 04 |
PRXL |
Parexel |
Y |
2-1 |
| Mar 17 |
GFIG |
GFI Group |
Y |
4-1 |
| Mar 26 |
SWN |
SW Energy |
Y |
2-1 |
Major Indices Statistics for March 5, 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 |
12,349.00 |
12,141.00 |
208.00 |
304 mil |
| S&P 500 |
1,344.19 |
1,320.22 |
23.97 |
N/A |
| NASDAQ |
2,290.01 |
2,254.20 |
35.81 |
2,213 mil |
| NYSE |
9,018.13 |
8,874.72 |
143.41 |
4,153 mil |
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