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.
Stock Scanner Standouts:
The following stocks are the highest rated combinations 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
Â
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| Petsmart | ( PETM | Quote | Chart | News | PowerRating) |
Specialty Retail | 20.96 | 20.01 | 20.33 | 19.80 | 20.10 |
| InVision Technologies | ( INVN | Quote | Chart | News | PowerRating) |
Scientific and Technical Instruments | 49.76 | 33.40 | 35.25 | 33.39 | 35.05 |
6 mo RS of 96 and
higher and EPR 96 and higher
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| Overture Services | ( OVER | Quote | Chart | News | PowerRating) |
Internet Information Providers | 43.16 | 31.28 | 31.29 | 30.00 | 30.07 |
| Petsmart | ( PETM | Quote | Chart | News | PowerRating) |
Specialty Retail | 20.96 | 20.01 | 20.33 | 19.80 | 20.10 |
3 mo RS of 96 and
higher and EPR 96 and higher
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| Overture Services | ( OVER | Quote | Chart | News | PowerRating) |
Internet Information Providers | 43.16 | 31.28 | 31.29 | 30.00 | 30.07 |
Upcoming IPOs for the Week of October 21
– October 25.
Â
Plains Exploration
(
PXP |
Quote |
Chart |
News |
PowerRating)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Offering price $12-$14.
USI Holdings
(
USIH |
Quote |
Chart |
News |
PowerRating)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Offering price $10-$11.
Wynn Resorts
(
WYNN |
Quote |
Chart |
News |
PowerRating)Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Offering price $21-$23.
For more information,
please visit our IPO
Calendar.
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Scheduled Stock Splits for the Week of
October 21
– October 25.
Company |
Symbol |
Ratio |
Payable |
Ex Date |
| SPX Corp. |
( SPW | Quote | Chart | News | PowerRating) |
2-1 | October 24 | October 25 |
Need more splits
information? Click
here.
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Upcoming Economic Events for the Week of
October 21
– October 25.
Date |
Time (ET) |
|
|
Consensus |
Prior |
| Oct. 21 | 10:00 | Leading Indicators | Sept. | -0.2% | -0.2% |
| Oct. 21 | 14:00 | Treasury Budget | Sept. | $40.0B | $35.4B |
| Oct. 23 | 14:00 | Fed Beige Book | Â | Â | Â |
| Oct. 24 | 08:30 | Initial Claims | 10/19 | 405K | 411K |
| Oct. 25 | 08:30 | Durable Orders | Sept. | -2.0% | -0.4% |
| Oct. 25 | 09:45 | Michigan Sentiment – Rev. | Oct. | 81.0 | 80.4 |
| Oct. 25 | 10:00 | New Home Sales | Sept. | 985K | 996K |
| Oct. 25 | 10:00 | Existing Home Sales | Sept. | 5.35M | 5.28M |
Have a great weekend,
Duke Heberlein
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