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 28.
Company |
Symbol |
Date |
| Sonic | SONC | Monday, June 28 |
| Research In Motion | RIMM | Tuesday, June 29 |
| General Mills | GIS | Tuesday, June 29 |
| Merix | MERX | Wednesday, June 30 |
| Biomet | BMET | Wednesday, June 30 |
| ConAgra | CAG | Wednesday, June 30 |
Scheduled Stock
Splits for the Week of
June 28.
Company |
Symbol |
Ratio |
Payable |
Ex Date |
| Movado Group |
MOV | 2-1 | Jun 25 | Jun 28 |
| Marvell | MRVL | 2-1 | Jun 28 | Jun 29 |
Patterson-UTI |
PTEN | 2-1 | Jun 30 | Jul 01 |
| CenterPoint | CNT | 2-1 | Jun 30 | Jul 01 |
| First National Bancshares |
FBMT | 3-2 | Jun 30 | Jul 01 |
| Iron Mountain | IRM | 3-2 | Jun 30 | Jul 01 |
Quicksilver Resrcs |
KWK | 2-1 | Jun 30 | Jul 01 |
| Axsys Technologies, Inc. | AXYS | 3-2 | Jun 30 | Jul 01 |
| Teva Pharm |
TEVA | 2-1 | Jun 30 | Jul 01 |
Need more splits
information? Click
here.
Upcoming Economic
Events for the Week of June
28.
| Date | ET | Release | For | Consensus | Prior |
| Jun 28 | 08:30 | Personal Income | May | 0.5% | 0.6% |
| Jun 28 | 08:30 |
Personal Spending |
May | 0.8% | 0.3% |
| Jun 29 | 10:00 | Consumer Confidence | Jun | 95.0 | 93.2 |
| Jun 30 | 10:00 |
Chicago PMI |
Jun | 64.5 | 68.0 |
| Jun 30 | 14:15 | FOMC Meeting | |||
| Jul 01 | 00:00 |
Auto Sales |
Jun | 5.6M | 5.7M |
| Jul 01 | 00:00 | Truck Sales | Jun | 8.0M | 8.5M |
| Jul 01 | 08:30 |
Initial Claims |
06/26 |
NA | 349K |
| Jul 01 | 10:00 | Construction Spending | May | 0.5% | 1.3% |
| Jul 01 | 10:00 |
ISM Index |
Jun | 61.2 | 62.8 |
| Jul 02 | 08:30 | Nonfarm Payrolls | Jun | 240K | 248K |
| Jul 02 | 08:30 |
Unemployment Rate |
Jun | 5.6% | 5.6% |
| Jul 02 | 08:30 | Hourly Earnings | Jun | 0.3% | 0.3% |
| Jul 02 | 08:30 |
Average Workweek |
Jun | 33.9 | 33.8 |
| Jul 02 | 10:00 | Factory Orders | May | 1.5% | -1.7% |
Â
ETF and Stock Traders…
If you are looking for a proven system that
allows you to potentially generate consistent profits, try
The
ETF Sweep Spot Trading System. ETFs are great because you don’t
have to deal with the overnight risk of owning an individual stock. This system
allows you to trade ETFs in a very mechanical, unemotional fashion. You should
try it…plus, there’s no risk!
Click here.
Mark Oryhon trades the DAX. In fact, he’s
typically 1-2% of the average volume each day. Now you can learn the
strategies he uses every day in his new DAX course —
Professional Strategies For Trading The DAX Market. Â Mark
says that trading the DAX is like trading the NASDAQ in the late ’90s. I saw the
course this past week, and it’s a clear winner. If you’re thinking about
expanding your trading to the DAX,
click here.
Do You Trade Options?
If you do, you’ll love the Options Income Stream
System. It really takes all the guesswork
out of trading options and gives you trades that have actual proven edges to
them. Do yourself a favor and
check it out.
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.
Â
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.
P.P.S. If you live in Los Angeles and think you have what it takes to
be a Market Analyst here at TradingMarkets, send your resume to me at bricew@tradingmarkets.com.