Friday Morning Coffee with TradingMarkets
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Good Morning! |
Dow Plunges 678 Points, Slides Below 9,000 … Citibank Walks on Wachovia Deal, Wells Fargo Sole Suitor … President Bush to Speak On Economy 10 a.m. … Is Bank Nationalization Around the Corner? … IMF, World Bank Considering Coordinated Response to Financial Crisis …
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 7 Stocks You Need to Know for Friday |
Here are 7 stocks for traders for Friday from TradingMarkets.com:
- The end of the short-selling ban was blamed for some of the disproportionate selling in stocks such as KeyCorp
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PowerRating), which lost more than 24% on
Thursday, and Comerica
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PowerRating), which lost more than 14%. - Also dramatically lower were insurance company shares. Prudential Financial
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PowerRating) fell by more than 21%. - Closing below its 200-day moving average for the second consecutive day, shares of Wal-Mart
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PowerRating) slid more than 5% on the day. - General Electric
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PowerRating) reports earnings Friday morning before the market opens. Analysts are expecting EPS of 0.45. - Even gold stocks could not resist the selling on Thursday as traders took profits in Newmont Mining Corporation
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PowerRating), taking the stock down by more than 8%. - Better than expected quarterly profits for Eastman Chemical
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PowerRating) left the stock virtually unchanged during Thursday’s historic sell-off.
For a list of today’s highest PowerRatings stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| First Financial Corporation of Indiana | THFF | 10 |
| NPS Pharmaceuticals Inc. | NPSP | 10 |
| Valeant Pharmaceuticals Intl. | VRX | 9 |
| United Natural Foods Inc. | UNFI | 9 |
| Trex Company Inc. | TWP | 9 |
| View More Stocks |
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TradingMarkets Daily PowerRatings Analysis |
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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!
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