Friday Morning Coffee with TradingMarkets
Friday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Sell Off Late, Test November Lows … Asian Stocks Fall on Earnings Anxieties … Gold, Silver Pull Back As Crude Oil Soars … Traders Pile Into Consumer Staples Stocks, ETFs … Dollar Gains on Yen … Earnings on Deck Include: ABX, JCP, LOW, THI, LPNT …
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Reporting quarterly earnings Monday morning is Barrick Gold
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ABX |
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PowerRating). Analysts are expecting EPS of 30 cents from the mining company. - A pair of retailers are also reporting earnings Friday before the market opens. JC Penny
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PowerRating) is expected to announce EPS of 92 cents. And analysts are looking for earnings per share of 0.12 from Lowes
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LOW |
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PowerRating). - Monsanto
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PowerRating) reported that it expected strong profit growth from its seed and genetics programs through the year 2012. - Among the increased holdings in billionaire George Soros’ Soros Fund are commodity stocks Potash Corporation of Saskatchewan
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POT |
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PowerRating) and Brazilian oil company, Petroleo Brasileiro SA
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PowerRating). - Typical of the selling in financial stocks was the drop in Bank of America
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BAC |
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PowerRating), which lost more than 13% on the day.
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 |
| InterMune Inc. | ITMN | 10 |
| Palm Inc. | PALM | 9 |
| Open Text Corporation | OTEX | 9 |
| Arena Pharmaceuticals Inc. | ARNA | 8 |
| Aqua America Inc. | WTR | 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 |
Choosing the Best Forex Market Maker Broker – TradingMarkets
Your trading performance can be impacted by the particular broker you choose. TradingMarkets contributor John Taxiarchos discusses the main differences between two types of forex brokers and how they can affect your forex trading.
How to Use Option Collars in Volatile Markets – Part 2 – TradingMarkets
In this conclusion to our two part series, TradingMarkets contributor John Jagerson walks you through the potential results of applying an options collar on a long stock position.
Uncertainty over the details of the government’s plan to help solve the financial crisis continues to put pressure on financial stocks and exchange-traded funds. As a result, the Financial Select Sector SPDRS ETF was down by nearly 3% intraday on Thursday.
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TradingMarkets Daily PowerRatings Analysis |
5 PowerRatings Stocks for the Next 5 Days: PALM, OTEX, WNR, MYGN, ARNA – 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!
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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