Here are 4 tips for today's trading. This will help you decide where you should invest and what to look for:


1) HP Splitting

It looks like Hewlett-Packard's (HPQ, Tech30) stock is about to soar Monday after reports that the company is looking to split itself up.

The Wall Street Journal cited unnamed sources who said the company would separate its PC and printer operations from its corporate software and services business. The official HP announcement could come as soon as Monday, it said.

Shares in the firm were rising by 6% premarket.


 2) Merger on Monday

Two healthcare companies have announced a $12.2 billion takeover deal.

Medical technology firm Becton, Dickinson and Co (BDX) is taking over CareFusion (CFN) in a cash and stock deal that values CareFusion shares at $58 each.

CareFusion's stock was rising by 25% premarket to hover just below the $58 mark.


3) Fear Doesn’t Stop Investors

Investors are still feeling fearful after a rough month, yet US stock are getting higher.

Asian markets ended with mixed results, though Chinese stocks were mostly positive.

The positive mood continued in Europe in early trading, despite more gloomy economic data from Germany and the Eurozone. 


4) Friday Summary

US stocks rebounded Friday as a result of the strong jobs report. The Dow Jones industrial average gained 208 points, although it still had a down week. The S&P 500 and the Nasdaq both rose more than 1%.

 

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Other top stories: 

HP Plans to Seperate

Cash Rate (AUD) - 6/10

Gold's Downfall

 

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What is it? It checks the interest rate charged on overnight loans.

Short term interest rates are the most important factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

Usual Effect: If the actual number is bigger than the forecast, you can expect the AUD to rise.

When? October 6th at 11:30pm Eastern Time.

 

Trading Tip: The announcement can greatly affect the AUD, make sure to make your trade before.

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Other top stories: 

Gold's Downfall

US Dollar is Doing Great

Ivey PMI - 6/10

 

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What is it? It checks the level of a diffusion index based on surveyed manufacturers, builders, wholesalers, retailers, and service providers.

It's a leading indicator of economic health - businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.

Usual Effect: If the actual number is bigger than the forecast, you can expect the NZD to rise.

When? October 6th at 5:00pm Eastern Time.

 

Trading Tip: The announcement can greatly affect the NZD, make sure to make your trade before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories: 

US Dollar is Doing Great

Ivey PMI - 6/10

Unemployment Down - Stocks Up

 

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What is it? It checks the level of a diffusion index based on surveyed purchasing managers.

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy.

Usual Effect: If the actual number is bigger than the forecast, you can expect the CAD to rise.

When? October 6th at 10:00am Eastern Time.

 

Trading Tip: The announcement can greatly affect the CAD, make sure to make your trade before.

Talk to us to get get FREE signals and start earning now: 

 

Other top stories: 

Unemployment Down - Stocks Up

Unemployment Rate (USD) - 3/10

Trade Balance (USD) - 3/10

 

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