Tuesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Begin Week with Increasingly Overbought Nasdaq … Euro Slides on Spain Downgrade … Royal Bank of Scotland Reports Historic Loss … President Elect Obama Takes Oath of Office Today … Earnings on Deck for Today Include JNJ, FRX, AMTD, CSX, IBM …

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • ConocoPhillips
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    reported after the bell on Friday that the refining giant was planning to cut 4% of its workforce and take significant write downs for the fourth quarter.

  • Forest Labs
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    reports quarterly earnings Tuesday morning before the market opens. Analysts are expecting EPS of 75 cents.

  • Analysts are expecting State Street Corporation
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    to announce EPS of 1.14 when it reports quarterly earnings on Tuesday.

  • Announcing earnings before the market opens on Tuesday, Johnson & Johnson
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    is expected to report 0.92 per share.

  • TD Ameritrade
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    is expected to report EPS of 0.31 when it announces quarterly earnings Tuesday before the bell.

  • Among those companies announcing earnings after the market closes on Tuesday is IBM
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    , which is expected to report earnings per share of 3.03.

  • Analysts are expecting CSX Corporation
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    to report quarterly earnings of 91 cents per share when it announces Tuesday after the bell.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Briggs and Stratton BGG 8
Stanley Inc. SXE 8
Force Protection Inc. FRPT 8
Comcast Corporation CCW 8
Genentech Inc. DNA 8

View More Stocks

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TradingMarkets Making Great Traders


How to Take the Emotion Out of Trading
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These are very hard times in the markets and one of the hardest things that traders can face is uncertainty. TradingMarkets contributor Nazy Massoud discusses five steps traders can take to manage their emotional risk while trading in volatile market conditions.

How to Automate Forex TradingTradingMarkets

Professional investor and trader John Taxiarchos discusses the concept of trading robots and how to use these platforms to maximize your gains and without letting emotions get in the way..

TradingMarkets

Relatively still markets on Friday led to relatively calm sectors in energy, health care and consumer stocks. Tuesday’s ETFs includes the ProShares UltraShort Financials ETF, which was higher by more than 4% late on Friday before pulling back.

TradingMarkets Daily PowerRatings Analysis


Overbought, Oversold and the Obama Bounce
TradingMarkets

Although the Nasdaq is leading the markets into overbought territory, the Dow and the S&P 500 have yet to attract the same buying pressure. Could buyers be only a few days away?

Larry Connors Joins The Money Blogs! Click here to get a look at Larry Connors’ new blog featuring Larry Connors’ Trading Lesson of the Day for short term stock, ETF and options traders!

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