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By David Penn | TradingMarkets.com
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Good Morning!

Fed Announcement Expected 2:15 p.m. Today ... U.S. Stocks End Monday Lower ... Asian Stocks Retreat Overnight ... Google Seeks Its Own Fast Lane on Internet ... Goldman Sachs, Best Buy, Adobe Systems, Hovnanian Report Earnings Today ...

Click here to find out what traders are saying about Larry Connors' new book, Short Term Trading Strategies That Work: A Quantified Guide to Trading Stocks and ETFs!

TradingMarkets 7 Stocks You Need to Know for Tuesday

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

  • Goldman Sachs (GS | Quote | Chart | News | PowerRating) lowered Apple (AAPL | Quote | Chart | News | PowerRating) to neutral on Monday, pointing to concerns over softer consumer spending. Goldman Sachs reports quarterly earnings Tuesday morning before the market opens.

  • The White House has pledged to consider specific financial assistance to General Motors (GM | Quote | Chart | News | PowerRating) and Chrysler in the wake of the automaker loan package dying in the Senate last week.

  • Coca Cola (KO | Quote | Chart | News | PowerRating) has plans to switch to a new, natural, calorie-free sweetener based on the herb Stevia for its soft drinks and Odwalla juice line. Coca Cola's new sweetener has yet to be approved by the FDA.

  • Reporting quarterly earnings Tuesday morning before the market opens, Best Buy (BBY | Quote | Chart | News | PowerRating) is expected to announced EPS of 25 cents.

  • With Goldman Sachs and Morgan Stanley both reporting earnings this week, traders also may want to pay attention to JP Morgan Chase (JPM | Quote | Chart | News | PowerRating), which was off significantly on Monday but will not report earnings until January.

  • Adobe Systems (ADBE | Quote | Chart | News | PowerRating) is expected to announce earnings per share of 58 cents when it reports Tuesday after the market closes.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Force Protection Inc. FRPT 9
Universal Technical InstituteUTI 8
Rohm and Haas ROM 8
NPS Pharmaceuticals Inc. NPSP 8
HMS Holdings Corporation HMSY 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 Stay Focused During Volatile Markets - TradingMarkets
With markets having their biggest turbulence, how are you handling your trading? TradingMarkets contributor Nazy Massoud discusses how traders can stay focus in volatile markets.

Why Opportunities are Plentiful in the Futures Markets - TradingMarkets
The past several months have not been kind to securities investors who subscribe to the buy-and-hold philosophy. TradingMarkets contributors Larry Baer and Larry Schneider discusses a limited-risk futures trading strategy too often over-looked by most traders.

7 ETFs You Need to Know for Today - TradingMarkets
On the eve of the Federal Reserve Board interest rate announcement, the CurrencyShares Euro ETF has closed higher for nine consecutive trading sessions on Monday.

TradingMarkets Daily PowerRatings Analysis

Doctor, Doctor! Three Drug Stocks for Swing Traders - TradingMarkets
With stocks still in a no man's land between overbought and oversold, individual sectors can provide hints of where the next opportunities in stocks may be found.

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

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