Thursday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks End Higher, Increasingly Overbought Below 200-day Moving Average … Asian Stocks Pull Back on Japan GDP Contraction … Freddie Mac Loses Nearly $24 Bn … Top ETFs for the Week Include: EDC, RSX, USD, URE, UYM …
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“This is a book that you will keep on your trading desk at all times because the quantified strategies presented have a very high probability of success, and that is what professional trading is all about.” – Kevin Haggerty, professional trader and former Head of Trading at Fidelity Capital Markets.
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Financial stocks continued their bull run on Wednesday. Goldman Sachs
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PowerRating) added Morgan Stanley
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PowerRating) to its “conviction buy” list, citing the financial firm’s likelihood of outperforming its peers. Goldman Sachs looked less favorably on American Express
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PowerRating), putting a “sell” rating on the stock amid continued concerns about earnings. - Smithfield Foods
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PowerRating) reports quarterly earnings Thursday before the market opens. Analysts are expecting EPS of -0.27. - A number of companies are reporting quarterly earnings after the bell on Thursday. These include Smith & Wesson
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PowerRating), which is expected to report EPS of two cents, Aeropostale
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PowerRating), which is expected to announce earnings of 1.00, and Pacific Sunwear
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PowerRating). Pacific Sunwear is expected to announce an earnings per share loss of fifty cents.
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 |
| ProShares UltraShort Industrials ETF | SIJ | 9 |
| El Dorado Gold Corporation | EGO | 8 |
| ProShares UltraShort QQQ ETF | QID | 8 |
| Rydex Inverse 2x Russell 2000 ETF | RRZ | 8 |
| ProShares UltraShort Dow 30 ETF | DXD | 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 |
ETF Trading Strategies: ETFs and Arbitrage – TradingMarkets
Larry Connors shares an excellent article on how intraday arbitrage works on ETFs, so you can raise the value of your portfolio and make more money.
Using Moving Averages to Gain a Trading Edge – TradingMarkets
Traders are always looking for tools to help them predict how the market will move. Options trader Bryan Perry discusses, the popular and widely followed, moving average as a great tool to help traders profit in the long run.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
Advancing on Wednesday were stocks in the financial and technology sectors, while sellers remained active in health care stocks. Regional bank exchange-traded funds such as the Regional Bank HOLDRS ETF and the KBW Regional Banking SPDRS ETF were both higher on Wednesday.
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings ETF Strategies for Overbought Markets – TradingMarkets
While the stock rally mesmerizes, our Short Term PowerRatings help keep us on track. Find out where the best edges really are in today’s column.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.