Quantcast
 
New ETF Book by Larry Connors - Click here to read more



Monday Morning Coffee with TradingMarkets

By David Penn | TradingMarkets.com
Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Good Morning!

U.S. Stocks Slide Deeper Into Oversold Territory Below 200-day Moving Average ... Asian Stocks Lower on Japan Recession Fears ... Risk Aversion Boosts Dollar Against Yen, Euro ... Earnings on Deck for Today Include: TIVO, DISH, OSG, EIX, CEL ...

Find out what traders are saying about Short Term Trading Strategies That Work "This is a book that you will keep on your trading desk at all times because the quantified strategies presented have a very high probability of success, and that is what professional trading is all about." - Kevin Haggerty, professional trader and former Head of Trading at Fidelity Capital Markets.

TradingMarkets 7 Stocks You Need to Know for Today

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

  • The U.S. Treasury reached a deal with Citigroup (C | Quote | Chart | News | PowerRating) whereby the government would convert $25 billion in preferred stock into common stock in the struggling bank. The public stake in Citigroup now stands at 36

  • In another effort to support its credit rating, General Electric (GE | Quote | Chart | News | PowerRating) announced a dividend cut of 68% on Friday.

  • Fannie Mae(FNM | Quote | Chart | News | PowerRating) will seek additional public support after reporting a much wider than expected quarterly loss.

  • IBM (IBM | Quote | Chart | News | PowerRating) closed at its highest closing level in nine days on Friday. The stock is increasingly overbought below the 200-day moving average.

  • A forecast of resilient consumer demand made discount wireless operator Leap Wireless (LEAP | Quote | Chart | News | PowerRating) one of the bigger winners on an day dominated by falling stocks. Trading below its 200-day moving average, LEAP closed higher by more than 9%.

  • Announcing earnings on Monday are home entertainment-related companies, TiVo Inc. (TIVO | Quote | Chart | News | PowerRating) and DISH Network Corporation (DISH | Quote | Chart | News | PowerRating). DISH is expected to report EPS of 49 cents before the open. Analysts are expecting an earnings per share loss of 10 cents from TIVO after the close.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
InterMune Inc. ITMN 9
Open Text CorporationOTEX 9
Osiris Therapeutics OSIR 8
Aqua America Inc. WTR 8
Emergent Biosolutions Inc. EBS 8
View More Stocks

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 Making Great Traders

How to Bring In Additional Income from ETFs, Part 2 - TradingMarkets
In part 2 of this trading lesson, Larry Connors shows you a more aggressive and potentially even more profitable way to trade spreads in order to bring in additional income from ETFs.

Backtest Your Forex Trading System! - TradingMarkets
What if you knew that there is one habit that you can adopt as a trader that will nearly guarantee trading success? Professional forex trader and money manager Walter Peters discusses how traders can develop the confidence in their abilities to extract profits from the markets.

TradingMarkets 7 ETFs You Need to Know for Today - TradingMarkets
Although up from their lowest levels on Friday, financial stocks remained under selling pressure. Selling also continued in the health care sector, leading to pullbacks for health care exchange-traded funds like the iShares Dow Jones U.S. Healthcare Sector Index Fund ETF.

TradingMarkets Daily PowerRatings Analysis

Opportunities Amid the Oversold: 3 Stocks for Traders - TradingMarkets
A growing number of high Short Term PowerRatings stocks and oversold conditions in the stock market provide the context for short term traders to find advantage in quality pullbacks.

Click here to sign up for Larry Connors' Trading Lesson of the Day.


>> See more articles by David Penn
Stocks RSS Bookmark and Share
Related Articles
More Related Articles >>
PREMIER SPONSORED LINKS
TRADE CENTER
 
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.