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
|
| Avant Corporation |
( AVNT | Quote | Chart | News | PowerRating) |
Tech. & system software |
27.00 | 17.46 | 18.08 | 17.21 | 18.05 |
| ESS ech. |
( ESST | Quote | Chart | News | PowerRating) |
Semiconductor-specialized | 25 | 20.98 | 23.05 | 20.51 | 22.91 |
| InVision Tech. |
(INVN) | Scientific & Tech. Inst. |
47.09 | 38.79 | 40.62 | 37.75 | 40.10 |
| Multimedia Games |
(MGAM) | Gaming Activities |
32.51 | 32.42 | 32.51 | 28.85 | 31.04 |
| NBTY, Inc. |
(NBTY) | Drug-related products |
18.00 | 14.93 | 15.10 | 14.41 | 15.04 |
6 mo RS of 96 and
higher and EPR 96 and higher
|
Company
|
Symbol
|
Industry
|
1-Yr-High
|
Open
|
High
|
Low
|
Close
|
| Avant Corporation |
(AVNT) | Tech. & system software |
27.00 | 17.46 | 18.08 | 17.21 | 18.05 |
| InVision Tech. |
(INVN) | Scientific & Tech. Inst. |
47.09 | 38.79 | 40.62 | 37.75 | 40.10 |
| Multimedia Games |
(MGAM) | Gaming Activities |
32.51 | 32.42 | 32.51 | 28.85 | 31.04 |
3 mo RS of 96 and
higher and EPR 96 and higher
|
Company
|
Symbol
|
Industry
|
1-Yr-High
|
Open
|
High
|
Low
|
Close
|
| Avant Corporation |
(AVNT) | Tech. & system software |
27.00 | 17.46 | 18.08 | 17.21 | 18.05 |
| InVision Tech. |
(INVN) | Scientific & Tech. Inst. |
47.09 | 38.79 | 40.62 | 37.75 | 40.10 |
| Maytag | ( MYG | Quote | Chart | News | PowerRating) |
Appliances | 40.22 | 39.65 | 40.22 | 39.52 | 40.01 |
Upcoming IPOs
for the Week of March 4
Tsakos Energy Navigation Ltd. (TNP) by JP Morgan $16-$18
For more information,
please visit our IPO
Calendar.
Splits
| Stock | Symbol | Ratio | Payable | Ex Date |
| NJ Resources |
( NJR | Quote | Chart | News | PowerRating) |
3:2 | Mar 3 |
Mar 4 |
| Rocky Mountain Chocolate |
( RMCF | Quote | Chart | News | PowerRating) |
4:3 | Mar 4 |
Mar 5 |
| TRC Companies Inc. |
( TRR | Quote | Chart | News | PowerRating) |
3:2 | Mar 5 |
Mar 6 |
| Gilead Sciences |
( GILD | Quote | Chart | News | PowerRating) |
2:1 | Mar 7 |
Mar 8 |
Need more splits
information? Click here.
Upcoming Economic Events
Week
of March 4 – March 8
| Date | Time (ET) |
Release
|
For
|
Consensus | Prior |
| Mar 4 |
12:00 | Auto Sales |
Feb | NA | 5.3M |
| Mar 4 |
12:00 | Truck Sales |
Feb | NA | 7.1M |
| Mar 5 |
10:00 | ISM Services |
Feb | 51.0 | 49.6 |
| Mar 6 |
10:00 | Factory Orders |
Jan | 1.4% | 1.2% |
| Mar 6 |
2:00 | Fed’s Beige Book |
— | — | — |
| Mar 7 |
08:30 | Initial Claims |
03/02 | 380K | 378K |
| Mar 7 |
08:30 | Productivity-rev. | Q4 | 4.2% | 3.5% |
| Mar 7 |
3:00 | Consumer Credit |
Jan | $3.2B | -$5.1B |
| Mar 8 |
08:30 | Average Workweek |
Feb | 34.1 | 34.0 |
| Mar 8 |
08:30 | Hourly Earnings |
Feb | 0.3% | 0.0% |
| Mar 8 |
08:30 | Nonfarm Payrolls |
Feb | Unch | -89K |
| Mar 8 |
08:30 | Unemployment Rate |
Feb | 5.8% | 5.6% |
Have a great weekend,
Brice