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.
Remember that
this week is Thanksgiving Thurs. Nov. 28. The Markets will be closed. On Friday,
Nov. 29 the Markets will have a Shortened Trading Day. On Wednesday Nov. 27 the
Bond Market closes early.
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
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| Expedia | ( EXPE | Quote | Chart | News | PowerRating) |
Internet Software & Services | 84.65 | 74.43 | 75.60 | 73.18 | 75.01 |
| Blue Rhino Corp. | ( RINO | Quote | Chart | News | PowerRating) |
Specialty Retail | 18.25 | 16.16 | 17.00 | 16.08 | 16.08 |
| Hotels.com | ( ROOM | Quote | Chart | News | PowerRating) |
Lodging | 71.32 | 70.65 | 72.25 | 69.97 | 71.32 |
6 mo RS of 96 and
higher and EPR 96 and higher
None
3 mo RS of 96 and
higher and EPR 96 and higher
None
Upcoming IPOs
for the Week of November 25-29.
Company |
Symbol |
Initial Shares |
Revised Shares |
Initial Range |
Revised Range |
| Intra Asia Entertainment |
MAW | 1.4M | 1.0M | 8-10 | 7-7 |
Lead Underwriter: I-Bankers Securities
Incorporated, WestPark Capital. Co-managers:
Description: Manages and controls China’s Weifang Fuhua Amusement Park located
in the City of Weifang.
For more information,
please visit our IPO
Calendar.
Scheduled Stock Splits for the
Week of November 25-29.
Company |
Symbol |
Ratio |
Payable |
Ex Date |
| Cooper Companies | ( COO | Quote | Chart | News | PowerRating) |
2-1 | November 22 | November 25 |
| Chattem. | ( CHTTI | Quote | Chart | News | PowerRating) |
2-1 | November 29 |
December 2 |
Need more splits
information? Click
here.
Upcoming Economic Events
Week of
November 25-29.
Date |
Time (ET) |
|
|
Consensus |
Prior |
| Nov. 25 | 10:00 | Existing Home Sales | Oct. | 5.35M | 5.40M |
| Nov. 26 | 08:30 | GDP-Prel. | Q3 | 3.2% | 3.1% |
| Nov. 26 | 08:30 | Chain Deflator-Prel. | Q3 | 1.1% | 1.1% |
| Nov. 26 | 10:00 | Consumer Confidence | Nov. | 83.0 | 79.4 |
| Nov. 26 | 10:00 | New Home Sales | Oct. | 980K | 1.021M |
| Nov. 27 | 08:30 | Initial Claims | 11/23 | NA | 376K |
| Nov. 27 | 08:30 | Personal Income | Oct. | 0.0% | 0.4% |
| Nov. 27 | 08:30 | Personal Spending | Oct. | 0.2% | -0.4% |
| Nov. 27 | 09:45 | Michigan Sentiment Rev. | Nov. | 85.0 | 85.0 |
| Nov. 27 | 10:00 | Durable Orders | Oct. | 3.0% | -4.9% |
| Nov. 27 | 10:00 | Chicago PMI | Nov. | 47.5 | 45.9 |
| Nov. 27 | 10:00 | Help Wanted Index | Oct. | NA | 43 |
| Nov. 27 | 12:00 | Fed’s Beige Book |
Have a great trading
week and Happy Thanksgiving!
Paul Letourneau