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Tuesday Morning Coffee with TradingMarkets

By David Penn | TradingMarkets.com
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Good Morning!

Stocks Sell-Off in Final 30 Minutes of Trading on Monday ... GM Lobbying for Federal Assistance in Chrysler Deal ... Asian Stocks, Euro, Oil All Lower ... BP, Valero Energy, U.S. Steel Report Tuesday

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 Tuesday

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

  • Verizon (VZ | Quote | Chart | News | PowerRating) was one of Monday's best performers, climbing by nearly 12% on news that the telecommunications company's profits for the third quarter were up by more than 30%.

  • Reporting earnings Tuesday after the close, Centex (CTX | Quote | Chart | News | PowerRating) is expected to announce EPS of -0.94.

  • Both SunTrust Banks (STI | Quote | Chart | News | PowerRating) and Capital One Financial Corporation (COF | Quote | Chart | News | PowerRating) accepted more than $30 billion from the Treasury department's bank bailout program.

  • Texas Instruments (TXN | Quote | Chart | News | PowerRating) was among the better performing stocks in the New York Stock Exchange on Monday, gaining more than 4%. Trading below its 200-day moving average, TXN in increasingly overbought.

  • Deutsche Bank upgraded shares of PepsiCo Inc. (PEP | Quote | Chart | News | PowerRating) to "buy" from "hold", citing reduced earnings risk relative to the value of the stock.

  • U.S. Steel (X | Quote | Chart | News | PowerRating) is expected to announce quarterly earnings of 7.08 when it reports Tuesday morning before the market opens.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Alpharma Inc. ALO 10
Thoratec Corporation THOR 9
Sequenom Inc. SQNM 9
Corinthian Colleges Inc. COCO 9
Zep Inc. ZEP 8
View More Stocks

TradingMarkets Making Great Traders

How to Build Your Own ETF with Options - TradingMarkets
In a range-bound market it's hard to trade by just investing in common stocks. Option trading, however, is a better way to invest. Professional trader Bryan Perry discusses the benefits of option trading with exchange-traded funds.

How I Use Momentum in Forex Trading - TradingMarkets
Often times there is a pattern in our current trending markets whereby the pairs consolidate for quite a period of time after a series of impulsive/trending moves, refer to as the 'Momentum Box'. Forex trader Chris Capre explains how to trade momentum, and when to exit the position.

7 ETFs You Need to Know for Today - TradingMarkets
With surprisingly strong new home sales data, regional banks and homebuilders were among the winners on Monday. Up for a second session in a row, the iShares Dow Jones U.S. Telecom Index ETF, also did well with more 3% gained.

TradingMarkets Daily PowerRatings Analysis

The 200-Day Moving Average and the Most Important Rule in Swing Trading - TradingMarkets
Following this one rule may make the difference between your success or failure as a short term trader.

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