|
Economic Calendar for May 7,
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 |
|
High |
4:30am |
Industrial Production m/m |
GBP |
-0.1% |
0.3% |
|
Med |
4:30am |
Manufacturing Production m/m |
GBP |
0.0% |
0.4% |
|
Med |
5:00am |
Retail Sales m/m |
EUR |
0.1% |
-0.5% |
|
High |
8:30am |
Nonfarm Productivity q/q (p) |
USD |
1.5% |
1.9% |
|
Med |
8:30am |
Unit Labor Costs q/q (p) |
USD |
2.6% |
2.6% |
|
Med |
8:45am |
Fed Governor Kroszner Speaks |
USD |
- |
- |
|
Med |
10:00am |
Pending Home Sales m/m |
USD |
-1.0% |
-1.9% |
|
High |
6:45pm |
Unemployment Rate |
NZD |
3.5% |
3.4% |
|
High |
9:30pm |
Employment Change |
AUD |
10.2K |
14.8K |
|
Med |
9:30pm |
Unemployment Rate |
AUD |
4.1% |
4.1% |
Earnings Announcements for May 7,
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 |
AGN |
Allergan |
+0.52 |
|
Time Not Supplied |
ALD |
Allied Capital |
+0.3 |
|
Before Market Open |
AOB |
American Oriental Bioengr |
+0.12 |
|
Time Not Supplied |
ANH |
Anworth Mortgage Asset |
+0.21 |
|
After Market Close |
ARNA |
Arena Pharmaceuticals |
-0.67 |
|
Before Market Open |
CTSH |
Cognizant Technology Solutions |
+0.33 |
|
After Market Close |
CNO |
Conseco |
+0.25 |
|
After Market Close |
CROX |
Crocs |
+0.10 |
|
Before Market Open |
DVN |
Devon Energy |
+2.33 |
|
After Market Close |
EMKR |
Emcore |
-0.05 |
|
After Market Close |
EAC |
Encore Acquisition |
+0.87 |
|
After Market Close |
EXPD |
Expeditors International |
+0.31 |
|
Before Market Open |
FWLT |
Foster Wheeler |
+0.73 |
|
Before Market Open |
FTO |
Frontier Oil |
+0.11 |
|
Before Market Open |
GRS |
Gammon Gold |
+0.05 |
|
Before Market Open |
GLG |
GLG Partners |
+0.08 |
|
After Market Close |
HANS |
Hansen Natural |
+0.35 |
|
Before Market Open |
HSP |
Hospira |
+0.54 |
|
Before Market Open |
LAMR |
Lamar Advertising |
-0.07 |
|
After Market Close |
LBTYA |
Liberty Global |
-0.07 |
|
Before Market Open |
MMC |
Marsh & McLennan Companies |
+0.45 |
|
Time Not Supplied |
NCR |
NCR Corporation |
+0.17 |
|
After Market Close |
NKTR |
Nektar Therapeutics |
-0.25 |
|
After Market Close |
NSR |
NeuStar |
+0.27 |
|
Before Market Open |
ONNN |
ON Semiconductor |
+0.14 |
|
09:00 am ET |
HK |
Petrohawk Energy |
+0.16 |
|
Before Market Open |
PNK |
Pinnacle Entertainment |
-0.01 |
|
Before Market Open |
PKD |
Pioneer Natural Resources |
+0.84 |
|
Before Market Open |
PWR |
Quanta Services |
+0.12 |
|
Before Market Open |
KWK |
Quicksilver Resources |
+0.25 |
|
After Market Close |
SVNT |
Savient Pharmaceuticals |
-0.32 |
|
Before Market Open |
SNH |
Senior Housing Properties Trust |
+0.43 |
|
After Market Close |
SCI |
Service Corporation International |
+0.18 |
|
Time Not Supplied |
DTV |
The DIRECTV Group |
+0.31 |
|
Before Market Open |
TOT |
Total |
+2.12 |
|
Before Market Open |
RIG |
Transocean |
+3.34 |
|
Time Not Supplied |
VRX |
Valeant Pharmaceuticals International |
+0.02 |
|
After Market Close |
AUY |
Yamana Gold |
+0.13 |
IPOs for the Week of
May 5, 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 |
|
CFX |
Colfax |
$15.00-$17.00 |
Merrill Lynch |
18.8 mil |
|
RSOL |
Real Goods Solar |
$10.00-$12.00 |
ThinkPanmure |
5.0 mil |
|
WES |
Western Gas Partners |
$17.00-$19.00 |
UBS Investment Bank |
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 6, 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 |
13,046.00 |
12,863.00 |
183.00 |
197 mil |
|
S&P 500 |
1,421.57 |
1,397.10 |
24.47 |
N/A |
|
NASDAQ |
2,488.83 |
2,445.37 |
43.46 |
2,098 mil |
|
NYSE |
9,527.46 |
9,371.97 |
155.49 |
3,795 mil |
|