Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
Profit-taking in Financials Leads U.S. Stocks Lower … PG Raises Dividend … INTC Smashes EPS Estimates … EBAY Plans Skype Spinoff … Overbought ETFs for Today Include: SMH, OIH, VHT …
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Intel Corporation
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PowerRating) announced EPS of 11 cents Tuesday after the bell, far beyond analyst expectations of three cents per share. - Abbott Laboratories
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PowerRating) reports quarterly earnings Wednesday morning before the market opens. Analysts are expecting EPS of 70 cents. - Also reporting earnings before the bell on Wednesday is Charles Schwab
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PowerRating). EPS of 16 cents is what analysts expect to hear from the brokerage. - General Motors
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PowerRating) announced a recall of 1.5 million cars due to concerns about an engine part that could possible cause a fire. - The weak retail sales report on Tuesday seemed to hit Macy’s
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PowerRating) hardest. The stock was down more than 6% one day after closing above its 200-day moving average for the first time since the summer of 2007. - After the impressive quarterly earnings performance from Goldman Sachs, investors, traders and analysts have begun to wonder whether or not Citigroup
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PowerRating) and JP Morgan Chase
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PowerRating) will also show surprisingly good profitability when they announce earnings later this week. JP Morgan Chase reports earnings on Thursday. Citigroup reports earnings on Friday.
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 |
| Zion Oil & Gas | ZN | 8 |
| Mylan Inc. | MYL | 8 |
| ITT Educational Services | ESI | 8 |
| Zoran Corporation | ZRAN | 7 |
| Aqua America Inc. | WTR | 7 |
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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!
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TradingMarkets Making Great Traders |
Short Term Trading and the Race to the 200-Day – TradingMarkets
How do you protect yourself while you’re short as the market is approaching its 200-day ma? Here are a few short term trading strategies from Larry Connors to help you protect your short trades.
Traders Focus on Commodity Sectors – TradingMarkets
Kevin Haggerty sees high-probability setups unfolding in the commodity sectors today. Read is commentary on why day traders should make the commodities a primary focus.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
Most sectors were lower on Tuesday, but selling was the most aggressive in the financial sector. As a result, leveraged ETFs like the ProShares Ultra Financials ETF was down more than 8% late in trading.
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TradingMarkets Daily PowerRatings Analysis |
5 PowerRatings Stocks for the Next 5 Days – TradingMarkets
Looking for stocks that are likely to outperform the average stock over the next few days? Our 5 PowerRatings Stocks for the Next 5 Days column is a great place to start!
Click here to sign up for Larry Connors’ Trading Lesson of the Day.