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
|
Company
|
Symbol
|
Industry
|
1-Yr-High
|
Open
|
High
|
Low
|
Close
|
| A.C. Moore Arts & Crafts |
( ACMR | Quote | Chart | News | PowerRating) |
Specialty Retail |
48.60 | 40.80 | 43.20 | 40.80 | 43.00 |
| Invision Technologies |
( INVN | Quote | Chart | News | PowerRating) |
Scientific & Technical |
49.76 | 23.25 | 23.50 | 22.72 | 23.12 |
| New Century Financial |
( NCEN | Quote | Chart | News | PowerRating) |
Mortgage Investment |
32.09 | 31.99 | 32.09 | 31.52 | 31.85 |
6 mo RS of 96 and
higher and EPR 96 and higher
|
Company
|
Symbol
|
Industry
|
1-Yr-High
|
Open
|
High
|
Low
|
Close
|
| New Century Financial |
( NCEN | Quote | Chart | News | PowerRating) |
Mortgage Investment |
32.09 | 31.99 | 32.09 | 31.52 | 31.85 |
| United Surgical |
( USPI | Quote | Chart | News | PowerRating) |
Specialized Health |
34.65 | 31.58 | 31.58 | 28.51 | 28.86 |
3 mo RS of 96 and
higher and EPR 96 and higher
|
Company
|
Symbol
|
Industry
|
1-Yr-High
|
Open
|
High
|
Low
|
Close
|
| Boston Scientific |
( BSX | Quote | Chart | News | PowerRating) |
Medical Instruments |
32.50 | 31.10 | 31.55 | 30.84 | 31.07 |
| New Century Financial |
( NCEN | Quote | Chart | News | PowerRating) |
Mortgage Investment |
32.09 | 31.58 | 31.85 | 28.51 | 28.86 |
| Octel Corp. |
( OTL | Quote | Chart | News | PowerRating) |
Chemicals | 26.10 | 26.04 | 26.10 | 25.32 | 25.45 |
| Pharmaceutical Resources |
( PRX | Quote | Chart | News | PowerRating) |
Pharmaceutical Resources |
42.20 | 27.21 | 28.20 | 26.00 | 26.00 |
| United Surgical |
( USPI | Quote | Chart | News | PowerRating) |
Specialized Health |
34.65 | 31.58 | 31.58 | 28.51 | 28.86 |
Upcoming IPOs for the Week of June 24.
MedcoHealth Solutions
(
MHS |
Quote |
Chart |
News |
PowerRating) $22 – $24 by Goldman Sachs
Big 5 Sporting Goods Corporation
(
BGFV |
Quote |
Chart |
News |
PowerRating) $14 – $16 by Credit Suisse First
Boston
Platinum Underwriters Holdings Ltd
(
PTP |
Quote |
Chart |
News |
PowerRating) $23 – $26 by Goldman Sachs
Hewitt Associates
(
HEW |
Quote |
Chart |
News |
PowerRating) $18 – $21 by Goldman Sachs
For more information,
please visit our IPO
Calendar.
Splits
| Company | Symbol | Ratio | Payable | Ex Date |
| Panera Bread |
( PNRA | Quote | Chart | News | PowerRating) |
2:1 | June 24 |
June 25 |
| John Nuveen |
[JNC|JNC] | 2:1 | June 24 |
June 25 |
| Commercial Metals |
( CMC | Quote | Chart | News | PowerRating) |
2:1 | June 28 |
July 1 |
| St. Jude Medical |
( STJ | Quote | Chart | News | PowerRating) |
2:1 | June 28 |
July 1 |
| Tenet Healthcare |
( THC | Quote | Chart | News | PowerRating) |
3:2 | June 28 |
July 1 |
| Gulfmark Offshore |
( GMRK | Quote | Chart | News | PowerRating) |
2:1 | June 28 |
July 1 |
Need more splits
information? Click here.
Upcoming Economic Events
Week of June 24 –
June 28
| Date | Time (ET) |
Release
|
For
|
Consensus | Prior |
| June 25 |
10:00 | Consumer Confidence |
Jun | 109.6 | 109.8 |
| June 25 |
10:00 | Existing Home Sales |
May | 5.63M | 5.79M |
| June 25 |
14:15 | 2-Day FOMC Meeting |
|||
| June 26 |
8:30 | Durable Orders |
May | 0.5% | 1.1% |
| June 26 |
10:00 | New Home Sales |
May | 915K | 915K |
| June 27 |
8:30 | Initial Claims |
6/22 | NA | NA |
| June 27 |
8:30 | Final GDP |
Q1 | 5.6% | 5.6% |
| June 29 |
8:30 | Personal Income |
May | 0.3% | 0.3% |
| June 28 |
8:30 | Personal Spending |
May | 0.0% | 0.5% |
Have a great weekend,
Duke