Tuesday Morning Coffee with TradingMarkets

  • June 30, 2009
  • David Penn

Good Morning!

U.S. Stocks Advance, Technology, Financials Lead … Dollar Gains Against Yen, Slides Against Euro … Steve Jobs Returns to Apple After Medical Absence …

Bernard Madoff Sentenced to 150 Years for Ponzi Scheme … Most Overbought ETFs for Today Include: IEF, VFH, TLT ….

Click here to pre-order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading!

TradingMarkets 7 Stocks You Need to Know for Today

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

  • Visionary Apple
    (
    AAPL |
    Quote |
    Chart |
    News |
    PowerRating)     CEO Steve Jobs returned to work part-time after receiving a liver transplant.

  • For-profit college operator, Apollo Group
    (
    APOL |
    Quote |
    Chart |
    News |
    PowerRating)    , reported fiscal third quarter earnings of $1.26/share up from 85 cents/share from a year earlier and

    beating estimates of $1.13/share.

  • Benihana Inc.
    (
    BNHN |
    Quote |
    Chart |
    News |
    PowerRating)    , the Japanese steakhouse operator reported fiscal 2009 full year results with sales increasing 2.9%. Operating profits were down.

  • Sales for automaker Ford
    (
    F |
    Quote |
    Chart |
    News |
    PowerRating)     were down 10 to 20% in June. However the automaker has a higher percentage of the world’s largest auto market according to George Pipas, Ford’s U.S. sales analyst.

  • Hewlett Packard
    (
    HPQ |
    Quote |
    Chart |
    News |
    PowerRating)     advanced on strength in the technology sector on Monday.

  • Home builders, KB Home
    (
    KBH |
    Quote |
    Chart |
    News |
    PowerRating)     and Lennar Group
    (
    LEN |
    Quote |
    Chart |
    News |
    PowerRating)     advanced on the former being upgraded to “neutral” by Credit Suisse.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Phase Forward Inc. PFWD 9
Form Factor Inc. FORM 8
Black Box Corporation 8
Winn-Dixie Stores Inc. WINN 8
Beacon Power Corporation BCON 7

View More Stocks

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TradingMarkets Making Great Traders

TradingMarkets

If the VXX is new to you, study it today as tomorrow’s research will give you the opportunity to place a historically high probability trade heading into the weekend.

TradingMarkets

In these volatile markets, traders need to develop such flexibility that a long term position will be exited immediately rather than sitting with losses. Here are some useful strategies to help traders make better trading decisions for maximum gains.


TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets

The most impressive sector performance on Monday came from consumer discretionary stocks. The buying in this sector helped boost the Consumer Discretionary Select Sector SPDR ETF up by more than 1% intraday.

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.