Friday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Rally in Final Hour … Retail Sales Inch Higher … Home Prices Retreat, Median Drops 12% … Asian Stocks Advance Overnight … Top ETFs for the Week Include: SCO, AGQ, RSX, FUE, EWV …
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Abercrombie & Fitch
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PowerRating) reports quarterly earnings Friday morning before the market opens. Analysts are expecting EPS of 1.00. - Also reporting earnings on Friday before the bell is PepsiCo
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PowerRating), which is expected to announce earnings per share of 88 cents. - A number of restaurants reported earnings after the bell on Thursday including Cheesecake Factory
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PowerRating) which announced EPS of 15 cents, beating analyst estimates by a penny. - Wells Fargo
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PowerRating) announced after the close on Thursday that it was taking a charge of more than $320 million and cutting 2008 earnings per share by five cents. - Blaming the weak global economy and botched acquisition deals, Dow Chemical
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PowerRating) announced that it was cutting its dividend for the first time in more than 90 years. - What stocks were advancing on Thursday? Coca Cola
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PowerRating) gained more than 7% after reporting earnings that were not as bad as feared on Thursday. Also higher on the day was Valero Energy Corporation
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PowerRating), which had its target price raised by Goldman Sachs to $25 from $18.
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 |
| Pinnacle West Capital Corporation | PNW | 8 |
| New Jersey Resources | NJR | 8 |
| Getty Realty Corporation | GTY | 8 |
| Nash-Finch Company | NAFC | 8 |
| Corinthian Colleges | COCO | 8 |
| 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. Click here to start your free trial today!
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TradingMarkets Making Great Traders |
How to Exit a Trade – TradingMarkets
Larry Connors shares his experience trading the VXX. See how he trades this new vehicle, including thoughts on volatility, shorting, and hedging.
The Market and Geithner’s Empty Suit No Plan – TradingMarkets
The market expected a specific TARP plan from Geithner in his address on Wednesday, but he came up empty. Kevin Haggerty comments on the new $2 trillion plus TARP plan, which has left investors with more questions than answers.
Stocks continued to move lower on Thursday with sellers especially aggressive in the financial sector. As a result the ProShares Ultra Financials ETF was off more than 10% intraday.
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings, Trading Strategies and Keeping the Edges on Your Side – TradingMarkets
All five stocks in yesterday’s column advanced on Thursday. Find out what the next steps are for traders using Short Term PowerRatings as part of their daily stock and ETF trading strategy.
Larry Connors Joins The Money Blogs! Click here to get a look at Larry Connors’ new blog featuring Larry Connors’ Trading Lesson of the Day for short term stock, ETF and options traders!
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