|
Economic Calendar for May 16, 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 |
12:10am |
RBA Assistant Governor Debelle Speaks |
AUD |
- |
- |
| Med |
2:45am |
French Nonfarm Employment q/q (p) |
EUR |
0.3% |
0.3% |
| Med |
3:00am |
ECB President Trichet Speaks |
EUR |
- |
- |
| Med |
3:15am |
Retail Sales y/y |
CHF |
3.0% |
3.3% |
| Med |
8:30am |
Building Permits |
USD |
915K |
928K |
| Med |
8:30am |
Housing Starts |
USD |
940K |
947K |
| High |
9:55am |
Consumer Sentiment (p) |
USD |
62.0 |
62.6 |
Earnings Announcements for May 16, 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 |
ANF |
Abercrombie & Fitch |
+0.65 |
IPOs for the Week of May 12, 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 |
| AGNC |
American Capital Agency |
$20.00 |
Citi |
12.5 mil |
| VRS |
Verso Paper |
$16.00 - $18.00 |
Credit Suisse |
18.8 mil |
Stock Splits for the Month of May
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 |
| May 16 |
CLF |
Cleveland-Cliffs |
Y |
2-1 |
| May 27 |
WFT |
Weatherford |
Y |
2-1 |
| Jun 02 |
ATLS |
Atlas America |
Y |
3-2 |
Major Indices Statistics for May 15, 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 |
12,999.00 |
12,856.00 |
143.00 |
213 mil |
| S&P 500 |
1,424.40 |
1,406.87 |
17.53 |
N/A |
| NASDAQ |
2,535.19 |
2,492.95 |
42.24 |
2,193 mil |
| NYSE |
9,556.85 |
9,437.11 |
119.74 |
3,779 mil |
|