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Daily Market Report for August 1, 2008
Aug 02, 2008

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Economic Calendar for August 4, 2008

Vital economic data can make or break a trade and can even move the markets drastically. Traders should be aware of upcoming economic data every day before they even make their first days trade.

Impact Time Market Forecast Previous
Med 3:30am SVME PMI CHF 53.3 54.9
Med 4:30am Construction PMI GBP - 38.8
Med All Day Holiday: Civic Holiday CAD - -
Med 8:30am Core PCE Price Index m/m USD 0.2% 0.1%
Med 8:30am Personal Spending m/m USD 0.5% 0.8%
Med 10:00am Factory Orders m/m USD 0.7% 0.6%

Earnings Announcements for August 4, 2008

Earnings Season undoubtedly provides market moving action for any trader. Don’t be the last one to know the results of key Earnings Announcements. Have the edge; know who’s reporting when, first.

Time Symbol

Company

 EPS Estimate
After Market Close APC Anadarko Petroleum +1.77
Time Not Supplied BBD Banco Bradesco +0.39
After Market Close CRK Comstock Resources +1.20
Time Not Supplied CTB Cooper Tire & Rubber -0.27
After Market Close DVA DaVita +0.83
After Market Close DCT DCT Industrial Trust +0.18
Time Not Supplied DISH DISH Network +0.60
After Market Close HCP HCP +0.56
After Market Close HMA Health Management Associates +0.11
After Market Close HL Hecla Mining -0.05
Before Market Open HUM Humana Inc. +1.18
Before Market Open ICE IntercontinentalExchange +1.19
Time Not Supplied MDU MDU Resources +0.57
After Market Close PBI Pitney Bowes +0.67
Before Market Open SBAC SBA Communications -0.10
Before Market Open SIX Six Flags -0.19
Before Market Open STEC STEC +0.08
After Market Close SVR Syniverse Technologies +0.37
After Market Close PFG The Principal Financial Group +0.95
After Market Close UDR United Dominion Realty Trust +0.36

IPOs for the Week of August 4, 2008

Initial Public Offering’s (IPO’s) trading activity can provide profitable opportunities for the experienced trader. Research upcoming new offerings for a possible day trade or even a long term investment.

Symbol Company Price Underwriter No. of Shares
CMM China Mass Media Advertising $5.20 - $7.20 Merrill Lynch 14.4 mil
RAX Rackspace Hosting $12.00 - $16.00 Goldman Sachs 15.0 mil
RNO Rhino Resources $16.00 - $18.00 Morgan Stanley 10.0 mil

Stock Splits for the Month of August

Stock Splits can provide nice trading action, for the active day trader. Stocks that split tend to be quite volatile on the date of the announcement and even more trading action the date of the official split.

Ex Date Symbol

Company

 Optionable Ratio
Aug 12 PCX Patriot Coal Y 2-1
Aug 13 ALXN Alexion Pharma Y 2-1
Aug 18 TWI Titan Intl Y 5-4

Major Indices Statistics for August 1, 2008

Monitor statistics of the Major Indices on a daily basis. Track their highs and lows plus, their daily trading ranges for potential trading patterns.

Index End of Day High of Day Low of Day Range Volume
Dow Jones 11,328.00 11,419.00 11,267.00 152 163 mil
S&P 500 1,260.37 1,270.52 1,254.54 15.98 N/A
NASDAQ 2,310.96 2,328.95 2,286.41 42.54 2,136 mil
NYSE 8,379.76 8,452.01 8,356.43 95.58 4,502 mil


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