Wednesday Morning Coffee with TradingMarkets
 |
Good Morning! |
Sell-off Drives Stocks from Overbought Territory Below 200-Day … Overbought ETFs for Today: QID, DUG, SSG … Oversold ETFs for Today: AGG, TLT, TIP … Miners, Health Care Stocks Fill Top PowerRatings Stocks Roster … Family Dollar Earnings Due Before the Bell …
|
TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Alcoa
(
AA |
Quote |
Chart |
News |
PowerRating) reported an earnings per share loss of 59 cents after the markets closed on Tuesday. The loss was worse than most analysts had expected. - Sun Microsystems
(
JAVA |
Quote |
Chart |
News |
PowerRating) CEO Jonathan Schwartz is under increasing pressure from shareholders after IBM
(
IBM |
Quote |
Chart |
News |
PowerRating) walked away from a proposed acquisition of the company. - Family Dollar Stores
(
FDO |
Quote |
Chart |
News |
PowerRating) reports quarterly earnings Wednesday morning before the market opens. Analysts are expecting EPS of 60 cents. Higher on Tuesday was competitor, Dollar Tree Inc.
(
DLTR |
Quote |
Chart |
News |
PowerRating), which was up by more than 3%. - On a day when most stocks were selling-off, health care stocks such as Humana
(
HUM |
Quote |
Chart |
News |
PowerRating), up more than 5%, and UnitedHealth Group
(
UNH |
Quote |
Chart |
News |
PowerRating), ahead by more than 6%, advanced on the day. Both stocks had been in trading ranges below the 200-day moving average before breaking out to the upside and are now technically overbought.
For a list of today’s highest PowerRating stocks, click here.
|
TradingMarkets 5 PowerRatings Stocks for Today |
|
Company
|
Symbol | PowerRatings |
| Pegasystems Inc. | PEGA | 9 |
| DRDGold Ltd. ADRs | DROOY | 9 |
| Watson Pharmaceuticals | WPI | 8 |
| PetMed Express | PETS | 8 |
| Newmont Mining Corporation | NEM | 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!
|
TradingMarkets Making Great Traders |
How to Find the Best Stocks to Trade Every Day – TradingMarkets
Larry Connors explains the main focus of PowerRatings, which remains the single most popular tool on TradingMarkets.com to help traders and investors in selecting the best stocks to trade every day.
What You Need to Know Before You Short – TradingMarkets
How can you profit from short side plays? TradingMarkets contributing writer Michael Shulman outlines some strategies to help traders plan, execute and manage risk through short selling.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
A number of short ETFs that had made our Top 25 PowerRatings Roster over the past few days were up significantly on Tuesday. The ProShares UltraShort Consumer Goods ETF gained more than 3% late on Tuesday while the ProShares UltraShort Industrials ETF rallied by more than 6%.
|
TradingMarkets Daily PowerRatings Analysis |
PowerRatings Does It Again – Results for 2008 – TradingMarkets
The results for PowerRatings for 2008 are in and again the top rated PowerRatings stocks outperformed the average stock over a 5-day period.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.