Thursday Morning Coffee with TradingMarkets

width=”14″ height=”13″ /> Good Morning!

House Passes $14 Billion Auto Aid Package, Senate Approval in Doubt … Stocks Finish Higher on Wednesday … Costco, Ciena Report Earnings Today … Top Gaining ETFs for the Week Include URE, UYG, UCC, ROM, USD

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here to find out what traders are saying about Larry Connors’ new book, Short Term Trading Strategies That Work: A Quantified Guide to Trading Stocks and ETFs!

width=”14″ height=”13″ /> TradingMarkets 7 Stocks You Need to Know for Thursday

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

  • Costco Wholesale
    (
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    reports quarterly earnings on Thursday, with analysts expecting EPS of 62 cents.

  • Among the coal producers that have continued to do well are Massey Energy Company
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    , which gained more than 14% on Wednesday.

  • Pointing to a survey showing a decreased number of consumers saying that they were buying iPods as gifts this holiday season compared to last year, Morgan Stanley
    (
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    lowered its price target on Apple
    (
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    to $95 per share from $105.

  • Shares of General Motors
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    and Ford Motor Company
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    slid midday after Republican senators jointly announced their opposition to the controversial auto assistance package currently under debate in Washington.

  • Still searching for a CEO to replacing outgoing, co-founder Jerry Yang, Yahoo!
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    eliminated 1,500 jobs on Wednesday.

For a list of today’s highest PowerRating stocks, target=”_blank”>click here.

width=”14″ height=”13″ /> TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Cubist Pharmaceuticals Inc. target=”_blank”>CBST 8
ProShares UltraShort Technology ETF target=”_blank”>REW 8
Unifi Inc. target=”_blank”>UFI 8
ProShares UltraShort Basic Materials ETF target=”_blank”>SMN 8
New Jersey Resources Corporation target=”_blank”>NJR 8

href=”https://tradingmarkets.com.site/powerratings?sec=nineten”
target=”_blank”>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. target=”_blank”>Click here to start your free trial today!

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For intraday traders, there are several benefits in swing trading the S&P 500 E-mini. TradingMarkets contributor Austin Passamonte discusses how to capture big directional profits in the E-mini index market.

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target=”_blank”>7 ETFs You Need to Know for Today
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Strength in precious metals sent exchange-traded funds linked to gold and silver stocks higher on Wednesday. Both the iShares Silver Trust ETF and the SPDR Gold Shares ETF closed up on the day.

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TradingMarkets Daily PowerRatings Analysis

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Longs for Your Shorts: 3 Bullish Pullbacks for Swing Traders
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With the markets hovering between overbought and oversold, there are opportunities for stock and ETF traders both to the long side and the short side.

target=”_blank”>Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!

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