Tuesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Edge Higher … 6th Straight Day in Overbought Territory for Major Equity Indexes …Monday’s VIX: Fear Early, Greed Late as Stretch Below 10-Day Remains Large … Yen Pulls Back from New 20-Day High … Most Oversold ETFs for Tuesday Include: RJI, USO, EWS …

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • 41 cents/share is the expected figure when Best Buy
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    reports on Tuesday before the bell for its fiscal second quarter 2010.

  • Grocer Kroger Co
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    has its sights set on fiscal second quarter 2010 EPS of 43 cents.

  • Adobe Systems
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    announces its results after the close on Tuesday with analysts expecting 28 cents/share for the fiscal third quarter 2009.

  • A federal judge threw out a $33 million dollar settlement offer between the SEC and Bank of America
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    over bonuses.

  • Citigroup
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    stated that it will be able to repay the TARP funds at a profit to the tax payers.

  • Deutsche Telekom is exploring a potential takeover of Sprint Nextel Corp
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    .

  • China expressed interest in buying utility AES Corporation
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    .

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Columbia Banking System Inc. COLB 10
Cree Inc. CREE 9
B&G Foods Inc. 9
First Third Bancorp FITB 8
National Semiconductor NSM 8

View More Stocks

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TradingMarkets Making Great Traders

TradingMarkets

Here’s a simple guide to help you understand the way ETF investing strategies work and which will work best for your portfolio.

TradingMarkets

Paul Azzopardi helps investors to get a much better feel of the market and where it might be heading, so they can participate instead of sitting on the sidelines.


High Probability ETF Strategies: 358 Profitable Exits in One Day
TradingMarkets

Wouldn’t you love to know which ETFs are most likely to rebound strongly? Take a look at these two ETFs, which resulted in gains of well over 4% trading our ETF strategies.

TradingMarkets 7 ETFs You Need to Know for Today

Banking, Financial ETFs Rally Late as Singapore First Country ETF to BreakTradingMarkets

Financial ETFs had another day of particularly aggressive buying today, with the ProShares Ultra Financials ETF, UYG up over 2%. Find out what’s new with the Qs and more in today’s edition of 7 ETFs you need to know.

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