Friday Morning Coffee with TradingMarkets

  • November 20, 2009
  • David Penn

Good Morning!

U.S. Markets Reach Oversold Levels Above 200-Day … SPY, DIA, QQQQ All Oversold … Energies, Financials, Tech in Retreat … VIX Stretch Below 10-Day Collapses to Less than 2% … Crude Oil (USO) Down, Gold (GLD) and Silver (SLV) Steady … Top ETF PowerRatings Funds for Friday Include: XES, INP, VPL, TUR, IAI ….

Click here to order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading!

TradingMarkets 7 Stocks You Need to Know for Today

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

  • 42 cents/share is the expected number for America CarMart‘s
    (
    CRMT |
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    PowerRating)     fiscal 2nd quarter 2010 before the bell.

  • Ann Taylor
    (
    ANN |
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    PowerRating)     has forecast fiscal third quarter earnings of 7 cents/share prior to trading.

  • A loss of 27 cents may be reveled before the open for DR Horton‘s
    (
    DHI |
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    PowerRating)     fiscal fourth quarter 2010.

  • Jam king, JM Smucker
    (
    SJM |
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    PowerRating)     announces its fiscal 2nd quarter 2010 results before the opening bell with an expected figure of $1.04/share.

  • Johnson Outdoors
    (
    JOUT |
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    PowerRating)     has projected a 50 cent/share loss for their fiscal fourth quarter 2009 prior to the 9:30 AM EST open.

  • Kirkland’s
    (
    KIRK |
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    PowerRating)     is expecting to see an EPS of 8 cents for its fiscal 3rd quarter 2010.

  • Dell Inc.
    (
    DELL |
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    News |
    PowerRating)     widely missed expectations in its earnings report after the bell on Thursday. Declining market share and the rising cost of component

    equipment were blamed.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Pacific Sunwear of California PSUN 10
Coldwater Creek Inc. CWTR 9
Chesapeake Energy Corporation CHK 9
Vertex Pharmaceuticals 9
Black & Decker BDK 9

View More Stocks

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Stock PowerRatings. The highest rated 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


Best of the Battle Plan: How to Exit an ETF Trade – TradingMarkets

Using the SPDR S&P 500 ETF, SPY and the iShares FTSE/Xinhua China 25 Index ETF, FXI as examples, Larry Connors demonstrates how to use his trading

methods to exit ETF funds into strength.

TradingMarkets

Iron condors can be great strategies under the right circumstances. But the problem is knowing when the right circumstances are present. Dan Passarelli provides

these basic steps, which makes the task of finding an iron condor much less daunting.


ETF PowerRatings: Strategies for Trading Top Rated ETFs – TradingMarkets

Did you know that the best time to buy a high PowerRating ETF is after that ETF has pulled back? Give our ETF PowerRatings a try and learn more strategies for trading top rated ETFs.

TradingMarkets 7 ETFs You Need to Know for Today

Energies Lead Financials, Tech Lower; Country ETFs Pull Back in Europe, Asia – TradingMarkets

Equity index exchange-traded funds pulled back in earnest on Thursday, creating oversold conditions in a number of ETFs from the Dow DIAMONDS ETF, DIA to the iShares Russell 2000 Index Fund ETF. IWM.

Click here to sign up for Larry Connors’ Trading Lesson of the Day.