TradingMarkets 7 Stocks You Need to Know for Tuesday
The FOMC minutes and a light platter of earnings will motivate stock investors on the second trading session of the week. Friday’s very positive jobs report lifted shares higher today. The report missed the overly optimistic estimates but showed strong improvement in the employment picture. Ultra positive words from Alan Greenspan, climbing oil/commodity prices and growth in the service sector all added fuel to the bullish move. Slight nervousness remains in anticipation of potential rate increase clues from the FOMC minutes on Tuesday. The DJIA approached resistance at 11,000 but pulled off by the close rising 46.48. The Nasdaq surged 26.95 and the S&P 500 advanced 9.33.
Here are 7 stocks you need to know about for Tuesday.
Motivational product maker, ^FC^, reports after the close with a 1 cent forecast.
Before the open, Investors can expect to hear from ^GIGM^ with an estimated EPS loss of 4 cents.
^CPB^ is losing market share to ^KFT^, ^CAG^ and Nestle SA per Sanford Bernstein.
^AAPL^ sold over 300,000 iPads on the first day of release.
A massive valuation of $900.00/share due to its divisions is rumored to be pending for ^WPO^.
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