Bernanke Dovish, Stocks Surge, New Homes Plummet
Investors expecting a hawkish stance from Fed Chief, Ben Bernanke, were surprised by his dovish rhetoric regarding interest rates. Stocks reacted by surging higher ignoring bearish news from the New Home Sales front.
Relative Strength Profits & 3 PowerRatings Stocks
In our quest to find out how markets really work, we put the RSI to the test. Here are the results, plus how to put the RSI to practical use to help in your short term investing.
TradingMarkets 7 Stocks You Need to Know for Wednesday
Ben Bernanke’s testimony before congress and a hefty slate of earnings from companies like General Mills and Blockbuster will greet traders on Wednesday.
Consumer Confidence Cracks, Bad Banks Grow, Stocks Fall
Great earnings news from several major retailers was not enough to stem the bearish tide. A sharply lower reading from the consumer confidence number and a dramatic increase in problem banks led the decline in Tuesday’s session.
Perma-Bears Get Shocked & 3 PowerRatings Stocks
Regardless of the improvement in the underlying economy, short term stock investors still need to locate particular stocks ready to make short term moves. Our Stock PowerRatings can help. Here are 3 top PowerRatings stocks for your consideration.
TradingMarkets 7 Stocks You Need to Know for Tuesday
Tuesday is chock full of earnings announcements that will add some flavor to the day. Among them, big box home supply company Home Depot will announce before the open with a forecast EPS of 16 cents.
Takeover Deluxe, Bernanke’s Nervousness, Banks Higher
An overall quiet day on Wall Street despite several takeover bids hitting the wire. Late day selling pressure pushed the major indexes into the red territory.
The Truth about Large Moves & 3 PowerRatings Stocks
Here are 3 PowerRatings stocks that have just gapped down and may be setting up for a short term bounce back:
TradingMarkets 7 Stocks You Need to Know for Monday
Investors will welcome several earnings announcements this week, including earnings from family dining steak king, Texas Roadhouse Inc, which will report after the bell with an expected EPS of 10 cents.
Erratic Positive Market, Inflation Fears Subside, Rates Higher
The final trading day of the week ended in an erratic yet positive close on the session. The Fed was quick to point out that the surprise rate increase was procedural, therefore shouldn’t be taken as a sign for more increases in the near future.
Why Trade Forex? Advantageous and Disadvantageous
The Forex market is booming in popularity worldwide. But is it a right fit for you? David Goodboy discusses the attraction and advantages to trading forex.
Managing the Rate Increase & 5 PowerRatings Ready to Fall
As you know, the market remains in overbought territory with many individual names giving strong short signals. Find out how our stock PowerRatings can help you to identify which companies are primed for a short term drop.