Friday Morning Coffee with Trading Markets
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Good Morning! |
U.S. Stocks End Mixed … Amazon and American Express Beat Earnings Estimates … Asian Markets Advance … Cuomo: BofA’s Lewis Pressured in Merrill Deal … Debt Rating Worries Weigh On Pound … Overbought ETFs for Today Include: XLI, EWJ, QQQQ, OIH, UXI ….
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Amazon.com
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PowerRating) reported quarterly per share earnings of 41 cents after the market closed on Thursday. The Internet retailer beat estimates by ten cents. - Also announcing after the bell on Thursday was American Express
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PowerRating) and Microsoft
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PowerRating). American Express reported per share earnings of 32 cents, smashing analyst estimates by nearly 20 cents. Microsoft met analyst expectations with a quarterly EPS of 39 cents - New York Attorney General Andrew Cuomo said that Bank of America
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PowerRating) had been pressured by both former Treasury Secretary Henry Paulson and current Federal Reserve Board Chairman Ben Bernanke not to pull out of their deal to acquire Merrill Lynch. - Among the companies reporting earnings Friday morning before the market opens is Ford Motor Company
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PowerRating), which is expected to report EPS of -1.26, and Schlumberger
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PowerRating), which is expected to announce per share earnings of 77 cents. - Closing higher for a third day in a row and up more than 19% on Thursday was Capital One Financial
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PowerRating).
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 |
| Pegasystems Inc. | PEGA | 9 |
| Unifirst Corporation | UNF | 8 |
| Netflix Inc. | 8 | |
| Computer Programs and Systems | CPSI | 8 |
| ACI Worldwide Inc. | ACIW | 8 |
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TradingMarkets Making Great Traders |
Short Term Trading and the 200-day Moving Average – TradingMarkets
Time after time, our focus on buying stocks that are above the 200-day has proven to be the best strategy to trade stocks. Larry Connors explains why this strategy still holds true today.
How to Find and Trade Overbought and Oversold ETFs, Part 2 – TradingMarkets
How do you know when an ETF is overbought or oversold? Here is one simple strategy that any ETF trader can use immediately to know which ETFs are overbought from a trading perspective and which are oversold.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
The major averages traded near breakeven levels as we head into the final trading day of the week. Selling in drugstore giants CVS and Walgreen helped weigh down the Consumer Staples Select Sector SPDRS ETF, which closed lower for three out of the past four days.
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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.