Thursday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Soar as Financials Upgraded … BofA Shareholders Remove Lewis as Chairman … Chrysler Bankruptcy Announcement Due Today … Asian Stocks Rally … ETFs Closing Above 200-day MA on Wednesday: EWT, FXI, EEM …
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Among the companies reporting quarterly earnings after the close on Wednesday were Starbucks
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PowerRating) and Visa
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PowerRating). Starbucks reported per share earnings of 16 cents, topping analyst estimates by a penny. EPS of 73 cents from Visa beating analyst estimates by eight cents. - An upgrade of the group rating for the banking sector by a major global investment bank helped spur buying in shares of both Citigroup
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PowerRating) and Bank of America
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PowerRating), both of which had become increasingly oversold over the past few days. Citigroup added nearly 8% on the day. Bank of America rallied more than 6%. - Exxon Mobil
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PowerRating) is one of a large number of companies announcing quarterly earnings before the market opens on Thursday. Analysts are expecting EPS of 0.96. - Kellogg Company
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PowerRating) is expected to announce per share earnings of 78 cents before the market opens Thursday morning. Motorola
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PowerRating), also reporting before the bell on Thursday, is expected to report an EPS loss of 11 cents.
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 |
| Best Buy Inc. | BBY | 9 |
| Brinker International | EAT | 9 |
| Research in Motion | 9 | |
| Open Text Corporation | OTEX | 8 |
| Palm Inc. | PALM | 8 |
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TradingMarkets Making Great Traders |
High Probability Trading, Consistency and Focus – TradingMarkets
Larry Connors explains how short term traders can add high win-rate ETF trading to their daily trading strategies.
This is the Mindset of a Successful Trader – TradingMarkets
Success in trading is a direct result of a sound trading system, sound money management, proper capitalization, and sound psychology. Bennett McDowell helps you to master your trading psychology and develop the trader’s mindset.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
Energy ETFs moved higher in advance of the earnings announcement on Thursday from Exxon Mobil. The ProShares Ultra Oil & Gas ETF rallied by more than 6% intraday on Wednesday and is again overbought below its 200-day moving average..
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings Does It Again – Results for 2008 – TradingMarkets
The test 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.