Friday Morning Coffee with TradingMarkets
Good Morning! |
U.S. Stock Rally Resumes, S&P 500 Up More than 4% … Optimism Grows on Mark-to-Market, Uptick Rule Changes … Madoff Pleads Guilty, Goes to Jail … Asian Stocks Advance … Top ETFs for the Week Include: USD, RKH, RWW, UYG, RSX …
Learn how to improve your trading! Click here!
“Larry has done it again. He delivers an insightful handbook of practical, useful and timeless methods to profit in the market.” – Tony Saliba, CEO of BNY ConvergEx LiquidPoint; Profiled in Market Wizards
TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- General Electric
(
GE |
Quote |
Chart |
News |
PowerRating) finally lost the fight to preserve its AAA credit rating as Standard and Poor’s announced a downgrade to AA+. The stock was higher on the day, in part because the downgrade was not as steep as feared. - General Motors
(
GM |
Quote |
Chart |
News |
PowerRating) announced that it did not yet need the $2 billion in emergency public financing it has previously requested. - Bank of America
(
BAC |
Quote |
Chart |
News |
PowerRating) soared on Thursday as CEO Ken Lewis said that he expected the company to be profitable in 2009. Lewis continued to argue aggressively against proposals to nationalize financial firms such as his. - Roche and Genentech
(
DNA |
Quote |
Chart |
News |
PowerRating) have reached an agreement that will allow Roche to acquire the 44% of the biotech company that it doesn’t not already own. The final price was $95 per share. - Google
(
GOOG |
Quote |
Chart |
News |
PowerRating) is risking the ire of privacy advocates with proposals for a new, user-tracking system designed to help improve its targeted advertising. - Recipient of more than $50 billion in public assistance, Citigroup
(
C |
Quote |
Chart |
News |
PowerRating) co-hosted a conference call to build opposition from to the Employee Free Choice Act, which would make it easier for workers to organize and collectively bargain. Citigroup downgraded Wal-Mart
(
WMT |
Quote |
Chart |
News |
PowerRating) earlier this week on fears that the pro-union legislation would undermine earnings at the world’s largest retailer.
For a list of today’s highest PowerRating stocks, click here.
TradingMarkets 5 PowerRatings Stocks for Today |
Company
|
Symbol | PowerRatings |
ProShares UltraShort Russell 2000 Value ETF | SJH | 10 |
ProShares UltraShort S&P Small Cap 600 ETF | SDD | 10 |
ProShares Short Russell 2000 ETF | RWM | 10 |
ProShares UltraShort S&P 500 ETF | SDS | 9 |
ProShares UltraShort Consumer Services ETF | SCC | 9 |
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!
TradingMarkets Making Great Traders |
Should I Enter Positions at the Close or Can I Wait Until the Next Day’s Open? – TradingMarkets
Larry Connors addresses a question that is often asked by most traders: whether or not it makes a difference to take a signal at the close or simply wait until the next day’s open.
How to Invest in the Brands You Know – TradingMarkets
TradingMarkets contributing writer Jennifer Openshaw shows investors how to get smart about the stock market and their 401(k) accounts with investments in quality brand name products.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
Alternating up and down days over the past week, the Health Care Select Sector SPDRS ETF was up again on Thursday. While Short financial ETFs like the ProShares UltraShort Financials ETF traded at its lowest levels since late February.
TradingMarkets Daily PowerRatings Analysis |
5 PowerRatings ETFs for the Next 5 Days – TradingMarkets
Looking for exchange-traded funds that are likely to outperform the average ETF over the next few days? Our 5 PowerRatings ETFs 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.