Stock market is expected to open flat lower on Monday. Treasury and Bank will be close on Columbus day but stock market will remain open. Thin volume is expected but volatility is expected to rise as Debt ceiling will become major issue again. Gold is likely to sell again.
I'll be watching ARIA, FRAN, CTXS, LQDT
Last week's top 20 % gainers
- Utilities: PAM (6.36 +15.55%)
- Technology: GAME (4.52 +14.07%), CALD (10.38 +13.03%), CAMP (23.78 +12.97%), SMI (3.94 +12.22%), RVLT (4.26 +11.98%)
- Services: MW (45.96 +30.4%), OUTR (64.47 +19.99%), BONA (6.84 +19.82%), HZO (14.06 +14.29%), CONN (58.84 +11.39%)
- Industrial Goods: XONE (51.63 +18.11%)
- Healthcare: TXMD (4.31 +32.48%)
- Financial: NBG (4.86 +18.85%), BFR (7.86 +14.76%)
- Consumer Goods: BDE (14.5 +14.14%)
- Basic Materials: HCLP (29.97 +15.86%), SLCA (31.08 +12.73%), PVA (7.81 +12.56%), PVR (26.3 +11.33%)
Last week's top 20 % losers
- Technology: CTXS (59.08 -14.69%), EGAN (13 -14.67%)
- Services: LRN (19.02 -38.89%), CRRS (3.19 -27.01%), SSW (21.66 -19.64%), LQDT (27.05 -18.21%), RT (6.12 -15.75%)
- Healthcare: ARIA (4.26 -70.73%), PBYI (44.52 -24.09%), IDIX (3.72 -22.95%), IMMU (5.41 -20.91%), ACAD (21.49 -18.45%), INSM (13.21 -18.18%), EXAS (10.01 -16.62%), CLDX (27.22 -16.02%), GEVA (57.29 -15.47%)
- Consumer Goods: CTB (25.81 -17.65%)
- Conglomerates: ACRX (8.8 -16.82%)
- Basic Materials: PVG (4.79 -27.71%), FST (5.46 -15.28%)
Economic Calendar:
Session | Time | Currency | Event | Impact | Actual | Forecast | Prev. | |||
---|---|---|---|---|---|---|---|---|---|---|
5:00 | EUR | Industrial production | med | 0.7 | -1.5 | |||||
5:00 | EUR | Industrial production | med | -2.6 | -2.1 | |||||
9:00 | EUR | Euro-Area FinMins meet in Luxembourg | med |
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