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 |
Duramed | DRMD | Drugs | 23.00 | 21.50 | 21.95 | 21.36 | 21.82 |
Merit Medical Systems Inc | MMSI | Medical Equipment & Supplies | 20.55 | 16.31 | 16.49 | 14.65 | 15.70 |
Pharmaceutical Resources | PRX | Drugs | 42.20 | 36.85 | 37.50 | 36.55 | 37.48 |
Sola Int’l | SOL | Med. Inst. | 16.75 | 15.17 | 15.49 | 15.05 | 15.35 |
First Hrzn Ph. | FHRX | Drugs | 28.48 | 26.44 | 28 | 26.22 | 28.00 |
Am. Hm. Mtg. | AHMH | Mtg. Inv. | 22.20 | 17.95 | 18.30 | 17.01 | 17.90 |
Integra Life | IART | Biotech | 32.15 | 28.89 | 29.15 | 28.31 | 28.58 |
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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 | 17.95 | 18.30 | 17.01 | 17.90 |
Duramed | DRMD | Drugs | 23.00 | 21.50 | 21.95 | 21.36 | 21.82 |
Merit Medical Systems Inc | MMSI | Medical Equipment | 20.55 | 16.31 | 16.49 | 14.65 | 15.70 |
Integra LS | IART | Biotech | 32.15 | 28.89 | 29.15 | 28.31 | 28.58 |
Pharmaceutical Resources | PRX | Biotechnology & Drugs | 42.20 | 36.85 | 37.50 | 36.55 | 37.48 |
3 mo RS of 96 and higher and EPR 96 and higher
Company Name | Symbol | Industry Group | 1-Year-High | Open | High | Low | Close |
Actuant | ATU | Div. Mach. | 25.70 | 24.40 | 25.00 | 24.10 | 24.80 |
Merit Medical Systems Inc | MMSI | Medical Equipment & Supplies | 20.55 | 16.31 | 16.49 | 14.65 | 15.70 |
Upcoming IPOs for Week of October 22 :
Offering Price
Cross Country Inc. (CCRN), by Merrill Lynch
$15-$17
Principal Financial Group (PFG) by Goldman Sachs
$17-$20
Universal Hospital Services (UHOS) by UBS Warburg
$14-$15
For more information, please visit our IPO
Calendar.
Splits:
Company | Symbol | Ratio | Payable | Ex-Date | Announced |
West Essex Bancorp | WEBK | 5-4 | Oct 22 | Oct 23 | Sep 28 |
Redwood Empire Bancorp | REBC | 3-2 | Oct 19 | Oct 22 | Sep 21 |
Need more splits information? Click here.
Upcoming Economic Events
Week of October 22- October 26 |
|||||
Date | ET | Release | For | Consensus | Prior |
Oct 22 | 10:00 | Leading Indicators | Sep | -0.5% | -0.3% |
Oct 24 | 2:00 | Fed Beige Book | Sep | — | — |
Oct 25 | 08:30 | Durable Orders | Sep | -1.0% | -0.3% |
Oct 25 | 08:30 | Employment Cost Index | Q3 | 0.9% | 0.9% |
Oct 25 | 08:30 | Initial Claims | 10/20 | — | 490K |
Oct 25 | 10:00 | Existing Home Sales | Sep | 5.20M | 5.50M |
Oct 25 | 10:00 | Help Wanted Index | Sep | NA | 53 |
Oct 26 | 2:00 | New Homes Sales | Sep | 852K | 898K |
Oct 26 | 2:00 | Treasury Budges | Sep | $29.0B | $65.7B |
Oct 26 | 9:45 | Michigan Sent – Rev. | Oct | 83.0 | 83.4 |
Click here
for more economic events.
Have a great week trading,
Brice