Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks End Tuesday Lower … Asian Stocks Dip … British Pound Drops Against Dollar … IBM Beats Estimates … Earnings On Deck for Today Include ABT, UAUA, AAPL, EBAY, BNI …
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- IBM
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PowerRating) blew away analyst earnings Tuesday after the bell, beating EPS estimates by 25 cents for the quarter and forecasting better than expected earnings per share for 2009. - In the wake of new revelations about the health of CEO Steve Jobs, Apple
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PowerRating) reports quarterly earnings Wednesday after the market closes. Analysts are expecting EPS of 1.39. - Also reporting quarterly earnings Wednesday after the bell is eBay
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PowerRating), which is expected to announce earnings per share of 34 cents. - Two airlines are reporting quarterly earnings on Wednesday. Analysts are expecting Delta Air Lines
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PowerRating) to report an EPS loss of 19 cents. An earnings per share loss of 4.45 is what analysts are looking for from UAL Corp
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PowerRating). - Continued concerns over the health of the banking industry were exemplified in the aggressive selling that took Bank of America
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PowerRating) down by more than 19% intraday on Tuesday. - Abbott Labs
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PowerRating) announces quarterly earnings Wednesday. Analysts are expecting earnings per share of 1.06.
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 |
| Odyssey Re Holdings Corp | ORH | 8 |
| Usec Inc. | USU | 8 |
| Trico Bancshares | TCBK | 8 |
| Questcor Pharmaceuticals | QCOR | 8 |
| iShares iBoxx Inv. Corp Bond | LQD | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
A Market for Timers, Not Buy/Holders – TradingMarkets
U.S. stock markets opened lower on Tuesday, but according to Kevin Haggerty, there is good news of a sharp reversal ahead. See his commentary on why this is a market for timers.
Which Bank is Next? – TradingMarkets
The inauguration of Barack Obama as the next President of the United States is well underway and Gary Kaltbaum weighs in on Obama’s tax plans, as well as, the latest financial losses and government largesse.
Aggressive selling in sectors across the board has created oversold conditions in a wide variety of exchange-traded funds, like the United States Oil Fund ETF, which broke down to 15-day lows on Tuesday.
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings and Oversold Opportunities in Stocks – TradingMarkets
A dramatic sell-off on Tuesday sent stocks hurtling into oversold territory. For traders who buy weakness, now is the time to start focusing on the highest Short Term PowerRatings stocks.
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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