Friday Morning Coffee with TradingMarkets
 |
Good Morning! |
Oversold Conditions Produce Thursday Bounce … Financials, Health Care Provide Leadership … Greenback Edges Higher Against Yen … VDE, IYE, XLE Among Most Oversold ETFs … GOOG, EBAY, YHOO Among Top PowerRatings Stocks for Today ….
|
TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Research in Motion
(
RIMM |
Quote |
Chart |
News |
PowerRating) beat analyst estimates by four cents after the bell on Thursday, while revenues were slightly below expectations. The stock was lower immediately after the announcement. - Microsoft
(
MSFT |
Quote |
Chart |
News |
PowerRating) and Google
(
GOOG |
Quote |
Chart |
News |
PowerRating) are in a dispute over the severity of a problem with a new software application designed by Google to interface with Microsoft’s Outlook. - Representative of the strength in financial stocks on Thursday was the rally of more than 3% in JP Morgan Chase
(
JPM |
Quote |
Chart |
News |
PowerRating). The stock advanced after dropping into oversold territory above its 200-day moving average earlier in the week. - Buyers continued to be aggressive in the health care sector. After three days with a 2-period RSI of less than 2, Universal Health Services
(
UHS |
Quote |
Chart |
News |
PowerRating) bounced higher by 4%. - Both Cisco Systems
(
CSCO |
Quote |
Chart |
News |
PowerRating) and Dell Inc.
(
DELL |
Quote |
Chart |
News |
PowerRating) remain among the more widely traded stocks in the Nasdaq 100 that are still pulling back above their 200-day moving averages as of Thursday’s close.
For a list of today’s highest PowerRating stocks, click here.
|
TradingMarkets 5 PowerRatings Stocks for Today |
|
Company
|
Symbol | PowerRatings |
| Jo-Ann Stores Inc. | JAS | 10 |
| Tiffany & Company | TIF | 9 |
| Research in Motion | 9 | |
| Honeywell | HON | 8 |
| Google Inc. | GOOG | 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 Choose the Best Volatility Trading Strategy for ETFs and Stocks – TradingMarkets
Understanding the principles underlying market volatility is one thing, but in this series, Larry Connors helps you to put them into action in the markets to find the best of the best big moves.
One of the most challenging skills in becoming a successful trader is maintaining objectivity in trades. TradingMarkets contributor Doug Hirschhorn discusses a clear and defined path you can follow to re-gaining your objectivity.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
Oversold conditions in the financial sector lead to strong performances by financial ETFs across the board. This includes the Direxion Financial Bull 3x Shares ETF which gained more than 6% intraday after closing lower for three days in a row.
|
TradingMarkets Daily PowerRatings Analysis |
How to Find the Best Stocks to Trade Every Day – TradingMarkets
Larry Connors explains the main focus of PowerRatings, the single most popular tool on TradingMarkets.com to help traders find high, win-rate short term trading opportunities on a daily basis.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.