Stocks plunged on Friday, as fears continue to grow that credit market problems, initially confined to the subprime market, are spreading throughout the economy. Today's disappointing employment report further heightened negative investor sentiment. Click here to read the rest of TradingMarkets Stock Market Recap.
Here are 7 stocks for traders for Monday:
Aqua America (WTR | Quote | Chart | News | PowerRating) looks to report $0.18 earnings per share prior to the open on Monday.
Cooper Tire (CTB | Quote | Chart | News | PowerRating) should report $0.20 EPS before the market opens on Monday morning.
Syneron Medical (ELOS | Quote | Chart | News | PowerRating) is expected to announce $0.38 EPS on Monday morning.
Bear Sterns (BSC | Quote | Chart | News | PowerRating) closed at a new 52-week low in Friday's session after the company's chief financial officer, Sam Molinaro, described conditions in the credit markets as the worst he has seen in the past 2 decades.
Blue Nile (NILE | Quote | Chart | News | PowerRating), j2 Global (JCOM | Quote | Chart | News | PowerRating), and Wynn Resorts (WYNN | Quote | Chart | News | PowerRating) all report after the close on Monday. Watch for heightened price and volume in Monday's session.
John Lee
Associate Editor
johnl@tradingmarkets.com
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