The Market Next Week
The following
is TradingMarkets.com’s synopsis for
the market next week. Included are upcoming stock splits and upcoming
economic events — all of which may impact traders in the coming week.
Big Cap Earnings Announcements for the
Week of June 14.
Company |
Symbol |
Date |
| Standard Micro | ( SMSC | Quote | Chart | News | PowerRating) |
Monday, June 14 |
| Quiksilver | ( ZQK | Quote | Chart | News | PowerRating) |
Tuesday, June 15 |
| Circuit City | ( CC | Quote | Chart | News | PowerRating) |
Tuesday, June 15 |
| Pier 1 Imports | ( PIR | Quote | Chart | News | PowerRating) |
Tuesday, June 15 |
| Oracle | ( ORCL | Quote | Chart | News | PowerRating) |
Tuesday, June 15 |
| Bear Stearns | ( BSC | Quote | Chart | News | PowerRating) |
Wednesday, June 16 |
| Best Buy | ( BBY | Quote | Chart | News | PowerRating) |
Wednesday, June 16 |
| Fleetwood | ( FLE | Quote | Chart | News | PowerRating) |
Wednesday, June 16 |
| Lennar Corp | ( LEN | Quote | Chart | News | PowerRating) |
Wednesday, June 16 |
| Jabil Circuit | ( JBL | Quote | Chart | News | PowerRating) |
Wednesday, June 16 |
| KB Home | ( KBH | Quote | Chart | News | PowerRating) |
Wednesday, June 16 |
| CarMax Group | ( KMX | Quote | Chart | News | PowerRating) |
Thursday, June 17 |
| Winnebago Inds | ( WGO | Quote | Chart | News | PowerRating) |
Thursday, June 17 |
| Adobe Systems | ( ADBE | Quote | Chart | News | PowerRating) |
Thursday, June 17 |
| American Health | ( AMHC | Quote | Chart | News | PowerRating) |
Thursday, June 17 |
| Georgia Gulf | ( GGC | Quote | Chart | News | PowerRating) |
Thursday, June 17 |
| Solectron | ( SLR | Quote | Chart | News | PowerRating) |
Thursday, June 17 |
Scheduled Stock
Splits for the Week of
June 14.
Company |
Symbol |
Ratio |
Payable |
Ex Date |
| Public Service NM |
PNM | 3-2 | Jun 11 | Jun 14 |
| Hershey Foods | HSY | 2-1 | Jun 15 | Jun 16 |
| Franklin Electric |
FELE | 2-1 | Jun 15 | Jun 16 |
| Applebee’s | APPB | 3-2 | Jun 15 | Jun 16 |
| Nara Bancorp | NARA | 2-1 | Jun 15 | Jun 16 |
| DaVita | DVA | 3-2 | Jun 15 | Jun 16 |
| Cognizant Tech |
CTSH | 2-1 | Jun 17 | Jun 18 |
Need more splits
information? Click
here.
Upcoming Economic
Events for the Week of June
14.
| Date | ET | Release | For | Consensus | Prior |
| Jun 14 | 08:30 | Trade Balance | Apr | -$45.0B | -$46.0B |
| Jun 14 | 08:30 |
Retail Sales |
May | 1.0% |
-0.5% |
| Jun 14 | 08:30 | Retail Sales ex-auto | May | 0.4% | -0.1% |
| Jun 15 | 00:00 |
PPI | May | 0.6% |
0.7% |
| Jun 15 | 00:00 | Core PPI | May | 0.2% | 0.2% |
| Jun 15 | 08:30 |
Business Inventories |
Apr | 0.5% |
0.7% |
| Jun 15 | 08:30 | CPI | May | 0.4% | 0.2% |
| Jun 15 | 08:30 |
Core CPI |
May | 0.2% |
0.3% |
| Jun 15 | 08:30 | NY Empire State Index | Jun | 28.5 | 30.2 |
| Jun 15 | 09:45 |
Mich Sentiment-Prel. |
Jun | 91.0 |
90.2 |
| Jun 16 | 08:30 | Housing Starts | May | 1950K | 1969K |
| Jun 16 | 08:30 |
Building Permits |
May | 1965K |
2006K |
| Jun 16 | 09:15 | Industrial Production | May | 0.6% | 0.8% |
| Jun 16 | 09:15 |
Capacity Utilization |
May | 77.3% |
76.9% |
| Jun 16 | 14:00 | Fed’s Beige Book | Â | Â | Â |
| Jun 17 | 08:30 |
Initial Claims |
06/12 |
NA | 352K |
| Jun 17 | 10:00 | Leading Indicators | May | 0.4% | 0.1% |
| Jun 17 | 12:00 |
Philadelphia Fed |
Jun | 25.0 |
23.8 |
| Jun 18 | 08:30 | Current Account | Q1 | -$139.6B | -$127.5B |
Well…
We lost a great one this past week, and I
hope — whatever your political orientation — that some of the incredible
optimism that Ronald Reagan had, brushes off
on you. If someone figured out how to bottle that kind of optimism and sell it,
well, they’d make millions. As traders, especially, we need to keep a good
attitude, because we take our knocks along with the good trades. So take a tip
from the Gip, and if you have a bad trade or a string of bad trades, just
remember that tomorrow’s another day!
Gary Kaltbaum Has A New Book!
I know Gary has helped a lot of people through his column and now
he’s got a book with plenty of great trading info. And, it’s 20% off…but
hurry, the sale ends Monday.
Click here.
If You Trade Options…
I hope you’re not one of the vast majority of
people who lose money trading them. If you are, there’s hope, with the new
Options Income Stream
System.
I have just reviewed the strategy and I can tell you
that it makes a whole lot of sense; it really takes all the guesswork out of
trading options and gives you trades that have actual proven edges to them. I
haven’t traded an option in a long time, but this system just might be enough to
get me back into the game. Please
check it out.
There’s Still Time
Kevin Haggerty’s
Trading With The Generals workshop is
just a couple of weeks away, and you should be there. It’s no secret that
I’m a big fan of Kevin’s — heck, I tell everyone I can about how great he is
and how they really ought to read his daily commentary religiously and study his
modules. I do that because I know his stuff can make a real, positive difference
to traders. I promise you, if you attend, you won’t
trade the same way when you get back. You’ll be a better trader. If you can’t make it in-person,
participate live on the Web!
Click here for info.
New Trading Lesson
Read Chris Tyler’s
new lesson Combining Fundamentals and Technicals.
It’s in TM University under Patterns, or you can
click here.
TradersWire Tour
Every Thursday at 9 AM PT (Noon ET) I give a
20-minute audio/visual presentation on how you can use
TradersWire to help your trading. Join me…Click
here.
Have a great weekend!
P.S.
Stay in touch with the latest happenings at TradingMarkets.com. Check
What’s New @ TradingMarkets on a regular basis.