The Market Next Week
The following is
TradingMarkets.com’s synopsis for the market next week.
Included are our Stock Scanner standouts, upcoming IPOs, stock splits,
and upcoming economic events — all of which may impact traders in the
coming week.
Stocks Scanner Standouts:
The following stocks are the highest-rated combination of relative
strength and earnings over three different time periods as found in
the TradingMarkets.com
Stock Scanner.
These are not
recommendations to buy or sell. Also, please remember to use
protective stops on any positions.
12 mo RS of 96 and higher and EPR 96 and higher
| Company Name |
Symbol | Industry Group |
1-Year-High | Open | High | Low | Close |
| AC Moore Arts |
ACMR | Spec. Retail |
21.25 | 20.875 | 21.25 | 20.32 | 21.25 |
| Am. Hm. Mtg. |
AHMH | Mtg. Inv. |
22.20 | 16.88 | 16.97 | 16.02 | 16.10 |
| Capstead Mort |
CMO | REIT – residential |
29.10 | 28.90 | 28.95 | 28.81 | 28.85 |
| First Horizon |
FHRX | Drug Mfr. |
30.90 | 28 | 28.99 | 27.71 | 28.12 |
| Metro One |
MTON | Div. Comm. Services |
47.75 | 29.57 | 33.50 | 29.56 | 31.54 |
| Pharm. Res. |
PRX | Drugs – generic |
42.20 | 34.62 | 34.68 | 33.91 | 33.91 |
| Sola Int’l |
SOL | Medical Inst. |
16.75 | 15.65 | 16 | 14.90 | 15.20 |
| Storage Tech |
STK | Data Storage |
18.22 | 17.99 | 18.22 | 17.59 | 18.05 |
6 mo RS of 96 and higher and EPR 96
and higher
| Company Name |
Symbol | Industry Group |
1-Year-High | Open | High | Low | Close |
| Am. Hm. Mtg. | AHMH | Mtg. Inv. | 22.20 | 16.88 | 16.97 | 16.02 | 16.10 |
| AC Moore Arts |
ACMR | Spec. Retail |
21.25 | 20.875 | 21.25 | 20.32 | 21.25 |
| Integra LS |
IART | Biotech | 32.15 | 27.84 | 29.04 | 27.80 | 28.80 |
| Pharmaceutical Resources |
PRX | Biotechnology & Drugs |
42.20 | 34.62 | 34.68 | 33.91 | 33.91 |
3 mo RS of 96 and higher and EPR 96
and higher
| Company Name |
Symbol | Industry Group |
1-Year-High | Open | High | Low | Close |
| Storage Tech | STK | Data Storage | 18.22 | 17.99 | 18.22 | 17.59 | 18.05 |
Upcoming IPOs for Week of October 29
Anthem Inc. (ATH) by Goldman Sachs $33-$37
Logicvision Inc (LGVN) by UBS Warburg
$9-$11
Odyssey Healthcare Inc. (ODSY) by Merrill Lynch $13-$15
For more information, please visit our IPO
Calendar.
Splits
| Company | Symbol | Ratio | Payable | Ex-Date | Announced |
| Right Mgt. Consult. |
RMCI | 3-2 | Nov. 1 |
n/a | Oct. 22 |
Need more splits information? Click here.
Upcoming Economic Events
| Week of October 29-November 2 |
|||||
| Date | ET | Release | For | Consensus | Prior |
| Oct 30 |
10:00 | Consumer Confidence |
Oct | 95.0 | 97.6 |
| Oct 31 |
08:30 | Chain Deflator – Adv. |
Q3 | 1.8% | 2.1% |
| Oct 31 |
08:30 | GDP – Adv. |
Q3 | -0.7% | 0.3% |
| Oct 31 |
10:00 | Chicago PMI |
Oct | 43.0% | 46.6% |
| Nov 1 |
12:00 | Auto Sales |
Oct | 5.9M | 5.7M |
| Nov 1 |
12:00 | Truck Sales |
Oct | 7.2M | 7.1M |
| Nov 1 |
08:30 | Initial Claims |
10/27 | NA | 504K |
| Nov 1 |
08:30 | PCE | Sep | -0.9% | 0.2% |
| Nov 1 |
08:30 | Personal Income |
Sep | 0.1% | 0.0% |
| Nov 1 |
10:00 | Construction Spending |
Sep | -0.7% | -1.1% |
| Nov 1 |
10:00 | NAPM Index |
Oct | 44.8% | 47.0% |
| Nov 2 |
08:30 | Average Workweek |
Oct | 34.0 | 34.1 |
| Nov 2 |
08:30 | Hourly Earnings |
Oct | 0.3% | 0.2% |
| Nov 2 |
08:30 | Nonfarm Payrolls |
Oct | -275K | -199K |
| Nov 2 |
08:30 | Unemployment Rate |
Oct | 5.2% | 4.9% |
| Nov 2 |
10:00 | Factory Orders |
Sep | -0.9% | 0.0% |
For more economic events, click here.
Have a great week trading,
Brice