Friday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Edge Higher … Day Long Rally Fades in Final Hours … Financials Rebound, Precious Metals ETFs Among Most Oversold … Earnings on Deck for Friday: PGR, CREL, PSMT … Most Overbought ETFs for Today Include: TWM, SRS, DXD, SH, DZZ …
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Progressive
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PGR |
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PowerRating) releases its 2nd quarter earning figures before the bell. Analysts are predicting EPS of 37 cents. - Super negative news continues to hammer American International Group
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AIG |
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PowerRating) with Citigroup
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C |
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PowerRating) throwing in the towel by saying it is unlikely any value will be left for shareholders after they pay back the government rescue loans. - An analyst at Bank of America
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BAC |
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PowerRating) said that trading revenues at Goldman Sachs
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GS |
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PowerRating) may exceed record levels set in 2007, and upgraded shares of the venerable investment bank. - General Motors
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GM |
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PowerRating) obtained their Chapter 11 Bankruptcy discharge today in amazingly fast corporate timeframe. - Huge Chinese demand for Ford’s
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F |
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PowerRating) Fiesta model resulted in the company providing positive guidance into the rest of 2009.
For a list of today’s highest PowerRating stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| The Advisory Board Committee | ABCO | 10 |
| Oxigene inc. | OXGN | 10 |
| Intuitive Surgical Inc. | 9 | |
| Chicago Mercantile Exchange | CME | 9 |
| Microsoft Corporation | MSFT | 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!
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TradingMarkets Making Great Traders |
For those of you who like to trade the 3x ETFs, like the FAS and FAZ, here’s some news regarding these two Triple-Leverage ETFs for the financial sector.
How to Find and Trade Overbought and Oversold ETFs – TradingMarkets
High probability mean reversion trading is all about waiting for quantified edges and taking advantage of them as they appear. Here’s Part 1 in our series on spotting overbought and oversold ETFs based on our backtested, short term ETF trading strategies.
9 Tips to Trading Without Emotion, Part 2 – TradingMarkets
In this business, letting your emotions control you will lead to disaster. In part 2 of this series, Markus Heitkoetter shows you how to keep your mind focused and on track when it comes to trading.
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TradingMarkets 7 ETFs You Need to Know for Today |
Financials Advance as a Day-Long Rally Fades Late in Major Markets – TradingMarkets
Financial ETFs, which were among those most aggressively sold in recent days, rallied on Thursday. Among the ETFs to know for Friday are the S&P 500 SPDRs ETF and the Direxion Financial Bear 3x Shares ETF.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.