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Friday Morning Coffee with TradingMarkets

By David Penn | TradingMarkets.com
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Good Morning!

S&P 500, Dow Up Four Days in a Row ... Indian Futures Down on Terrorist Attacks ... Protests Continue at Thai Airport ... OPEC Considers Further Production Cuts ...

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free trial today!

TradingMarkets 7 Stocks You Need to Know for Friday

Here are 7 stocks for traders for Friday from TradingMarkets.com:

  • BCE Inc. (BCE | Quote | Chart | News | PowerRating) plunged by more than 34% on Wednesday after signaling that the economic crisis may prevent the Canadian telecommunications giant from going private in December as planned.

  • Automakers continued their surge higher on Wednesday as General Motors (GM | Quote | Chart | News | PowerRating) gained 35% and Ford Motor Company (F | Quote | Chart | News | PowerRating) was higher by 29%

  • With Black Friday coming up and Cyber Monday around the corner as the holiday shopping season begins, many shoppers and investors will turn toward retailers such as Wal-Mart (WMT | Quote | Chart | News | PowerRating) and JC Penny (JCP | Quote | Chart | News | PowerRating), which is reportedly launching the largest Black Friday sale in company history.

  • And as for Cyber Monday, both eBay (EBAY | Quote | Chart | News | PowerRating) and Amazon.com (AMZN | Quote | Chart | News | PowerRating) will be among those online businesses hoping to be extra busy.

For a list of today's highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
ProShares Short S&P 500 SH 9
ProShares Short Russell 2000 RWM 9
ProShares Short QQQ PSQ 9
ProShares UltraShort Industrials SIJ 8
ProShares UltraShort Basic Materials SMN 8
View More Stocks

TradingMarkets Making Great Traders

Buying the Weakness and Selling the Strength - TradingMarkets
The massive two day rally continued again on Tuesday with the SPX closing up at 857.39. See Kevin Haggerty's commentary on why buying weakness and not strength, is still the case.

The New Risks of a Popular Forex Trading Strategy - TradingMarkets
The carry trade has been one of the most popular forex trading strategies in the last few years, but with recent changes in the currency market and increased volatility, the carry trade now looks like a losing proposition.

7 ETFs You Need to Know for Today - TradingMarkets
Stocks rallied into the close on the day before the Thanksgiving holiday with emerging markets as one source of strong buying pressure. As such, the iShares FTSE/Xinhua 25 ETF closed up by more than 10%.

TradingMarkets Daily PowerRatings Analysis

5 PowerRatings ETFs for the Next 5 Days - TradingMarkets
Looking for stocks - or ETFs - that are likely to be higher in the next few days? Our 5 PowerRatings ETFs for the Next 5 Days column is a great place to start!

Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!

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