Tuesday Morning Coffee with TradingMarkets

Good Morning!

Stocks Sell-Off in Final 30 Minutes of Trading on Monday … GM Lobbying for Federal Assistance in Chrysler Deal … Asian Stocks, Euro, Oil All Lower … BP, Valero Energy, U.S. Steel Report Tuesday

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 7 Stocks You Need to Know for Tuesday

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

  • Verizon
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    was one of Monday’s best performers, climbing by nearly 12% on news that the telecommunications company’s profits for the third quarter were up by more than 30%.

  • Reporting earnings Tuesday after the close, Centex
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    is expected to announce EPS of -0.94.

  • Both SunTrust Banks
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    and Capital One Financial Corporation
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    accepted more than $30 billion from the Treasury department’s bank bailout program.

  • Texas Instruments
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    was among the better performing stocks in the New York Stock Exchange on Monday, gaining more than 4%. Trading below its 200-day moving average, TXN in increasingly overbought.

  • Deutsche Bank upgraded shares of PepsiCo Inc.
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    to “buy” from “hold”, citing reduced earnings risk relative to the value of the stock.

  • U.S. Steel
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    is expected to announce quarterly earnings of 7.08 when it reports Tuesday morning before the market opens.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Alpharma Inc. ALO 10
Thoratec Corporation THOR 9
Sequenom Inc. SQNM 9
Corinthian Colleges Inc. COCO 9
Zep Inc. ZEP 8

View More Stocks

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