Friday Morning Coffee with TradingMarkets

  • April 25, 2008
  • Ashton Dorkins

Morning Coffee with TradingMarkets

Good Morning!

American Express Earnings Rise… Sales Slump at Microsoft… Normura Posts $1.5 Billion… Ericsson Profit Down, Sales Up.

Asian stocks mixed… European stocks up… Dollar mixed… And the futures are pointing to a higher open.

Would you like to improve your trading? TradingMarkets would like to invite you to a private 30-minute conference call with TradingMarkets CEO and Founder Larry Connors on April 18, 2008 at 12:00 pm ET.

Larry will discuss the upcoming new TradingMarkets Swing Trading College (STC). STC is a 14-session, online course which will provide you with the latest trading research and strategies to professionally swing trade stocks, options, ETFs, E-minis, and futures. Click here to sign-up.

TradingMarkets 5 Business Stories You Need to Know

Microsoft Downplays Yahoo Bid – Wall Street Journal

Microsoft’s profit fell 11%, largely reflecting a revenue influx last year. It issued downbeat remarks about prospects to complete a Yahoo deal.

Ericsson Surges 27% as Profit, Sales Top Estimates – Bloomberg

Ericsson AB, the world’s largest maker of wireless networks, rose the most in at least two decades in Stockholm trading after reporting first-quarter profit and sales that beat analysts’ estimates.

Goodyear Swing to First-Quarter Profit – MarketWatch

Goodyear Tire reported a first-quarter profit as sales rose 10%, reflecting price increases, demand for high-end tires and a boost from currency translations, financial results showed Friday.

Biggest Losers of the Fortune 500 – CNN Money

Fortune 500 companies from Merrill Lynch to Fannie Mae to Virgin Media lost hundreds of millions of dollars last year. Who lost the most?

Pain of Foreclosures Spreads to the Affluent – New York Times

But the few homeowners in trouble in affluent Greenwich, Conn., are tapping into other resources that most people cannot call upon to help prevent the ultimate indignity.

For more stories as they happen, go to our Breaking News section.

TradingMarkets 7 Stocks You Need to Know for Today

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

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
United States Steel X 9
Southwestern Energy SWN 9
NewMarket NEU 9
CF Industries CF 9
Olympic Steel ZEUS 8

View More Stocks

TradingMarkets Tracking the Wizards

Concerned About Trading Inconsistency? Then Read This! – TradingMarkets

When it comes to trading, if you want to succeed, you need to consistently trade stocks that have large historical edges. And you need to exit them at optimal levels.

How to Avoid Trade Taxes Using an IRA – TradingMarkets

Taxes are the Achilles heel of active stock traders. Ever have a great year in the market, but end up paying Uncle Sam an exorbitant amount of your profits? A very sad state of affairs, but all too true for the successful trader.

Free Report! The Only 3 Options Trading Strategies You’ll Ever Need – TradingMarkets

There may be as many ways to trade the market as there are traders who want to do so. But the difference between the professionals and the amateurs when it comes to trading is that the majority of professional traders know that the edge lies in buying markets when they are weak and selling them when they are strong.

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