Thursday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Rally, Financials, Technology Lead … Asian Markets Advance, Japanese Stocks Bounce on Yen Retreat … Earnings on Deck for Thursday Include: JPM, NOK, GOOG, IBM, HOG … Most Overbought ETFs for Thursday: XHB, DIG, UYG, KRE, USO …

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:

  • Iconic American motorcycle maker, Harley Davidson
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    , reports 2nd quarter earnings before the bell with an expected EPS of 26 cents.

  • JP Morgan
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    announces their 2nd quarter earnings pre-open on Thursday. Analysts are projecting an EPS of 6 cents.

  • The consensus 2nd quarter estimate for cellphone giant, Nokia
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    , is 7 cents expect the release before the market opens.

  • 86 cents per share is what analysts are expecting from drug maker Novartis
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    when the company announces quarterly earnings Thursday before the market opens.

  • Among companies reporting quarterly earnings after the market closes on Thursday are Google
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    , which is expected to announce per share earnings of $4.36, and International Business Machines
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    , which analysts expect to report EPS of $2.03.

  • Hotel kingpin, Marriott International
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    , announces 2nd quarter earnings before the bell Thursday morning with an expected EPS of 21 cents.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Saia Inc. SAIA 8
Con-Way Inc. CNW 8
Jazz Pharmaceuticals 7
Career Education Corporation CECO 7
Dell Inc. DELL 7

View More Stocks

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TradingMarkets Making Great Traders

TradingMarkets

Larry Connors shares his strategies on shorting overbought leveraged ETFs below their 200-day. With this precise approach to trading, you’ll get the added leverage and you’ll be on the right side of the market.


5 Steps to Identify Short Candidates
TradingMarkets

Do you want to learn how to short the market, or figure out which stocks NOT to buy? TradingMarkets contributor David Brown explains how to identify

longer-term position trades on the short side.


PowerRatings Does It Again – Results for 2008
TradingMarkets

How can short term traders take maximum advantage of pullbacks in our high PowerRatings stocks? Here are two tips – one for entries and one for exits – that can

help you get the most out of our popular, high probability, short term stock rating system.

TradingMarkets 7 ETFs You Need to Know for Today


Sector, Country ETFs Soar as Bond ETFs Continue Pullback
TradingMarkets

Aggressive buying from the opening bell sent most sector ETFs soaring at mid-week. Also soaring higher were commodity ETFs like the iShares Silver Trust, which

was up well over 2% intra-day on Wednesday.

Click here to sign up for Larry Connors’ Trading Lesson of the Day.