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Zacks #1 Stocks on the Move 06/18/2013

Company Name Symbol %Change
STAAR SURGIC STAA
10.98%
DTS INC DTSI
6.89%
ANIKA THERAP ANIK
6.04%
LUMOS NETWOR LMOS
5.70%
INSTEEL IND IIIN
5.28%
Zacks ZACKS.COM
PROFIT from the PROS

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Dear Subscribers,

With little new information revealed on Monday, the market continued to bounce back thanks to Friday's impressive employment report. Most other planned news for this week will have a hard time trumping that report for the hearts and minds of investors. The two with the greatest possible impact both come out on Thursday:

Weekly Jobless Claims: Last week's unwelcome spike to 474,000 was hopefully just an aberration. Bulls need it to make a solid move back towards 400K. Bears are hoping for another 450K+ reading.

Bernanke Speech: Expect him to beat his chest a bit about commodity price bubble being pricked last week and thus inflation being transitory as he stated all along. So does that cause any change in Fed policy?

Stay focused on these reports to give a hint of where the market moves next.

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Best,

Steve Reitmeister
Executive VP, Zacks Investment Research

 

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Steve Reitmeister
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