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Economic Calendar for May 19,
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 |
7:50pm |
Tertiary Industry Activity Index m/m |
JPY |
- |
-1.7% |
|
High |
9:30pm |
RBA Meeting Minutes |
AUD |
- |
- |
|
Med |
Tentative |
Overnight Call Rate |
JPY |
- |
- |
Earnings Announcements for May 19,
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 |
|
Time Not Supplied |
CPB |
Campbell Soup |
+0.44 |
|
After Market Close |
DRYS |
DryShips |
+4.4 |
|
Time Not Supplied |
EXM |
Excel Maritime Carriers |
+1.79 |
|
Before Market Open |
LOW |
Lowe's Companies |
+0.4 |
IPOs for the Week of May 19, 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 |
|
LLACU |
Liberty Lane Acquisition |
$10.00 |
Goldman Sachs |
35.0 mil |
|
MFR |
MFResidential Investments |
$15.00 |
UBS Investment Bank |
16.7 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 16, 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 |
13,001.00 |
12,894.00 |
107.00 |
248 mil |
|
S&P 500 |
1,425.82 |
1,414.35 |
11.47 |
N/A |
|
NASDAQ |
2,537.41 |
2,504.18 |
33.23 |
2,259 mil |
|
NYSE |
9,604.25 |
9,533.73 |
70.52 |
3,783 mil |
|