Friday Morning Coffee with TradingMarkets
 |
Good Morning! |
U.S. Stocks Rally But Fade Late … Basic Materials, Financials Lead … Overbought Conditions Lessened, Oversold Conditions Disappear … Earnings on Deck for Friday Include: AN, WY, TOT, SNA, GAS … Most Overbought ETFs Include: KRE, TLT, DBA ….
|
TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Analysts are expecting an EPS loss of 71 cents from Weyerhaeuser
(
WY |
Quote |
Chart |
News |
PowerRating), which reports quarterly earnings Friday before the bell.. - Newspaper kingpin, Washington Post
(
WPO |
Quote |
Chart |
News |
PowerRating), is expected to report second quarter earnings of $3.62/share prior to the trading session on Friday. - Airline, British Airways
(
BAIRY |
Quote |
Chart |
News |
PowerRating), announces full year results before the open on Friday. Analysts are expecting a loss of $2.12 per share. - Before the bell on Friday, insurer, CNA Surety
(
SUR |
Quote |
Chart |
News |
PowerRating) is anticipated to report an EPS a gain of 45 cents for the second quarter. - Popular steak house, Ruth Chris
(
RUTH |
Quote |
Chart |
News |
PowerRating), is expected to announce an EPS of 7 cents on Friday prior to the open. - Innovative tool company, Snap-On
(
SNA |
Quote |
Chart |
News |
PowerRating), is expected to report an EPS of 73 cents for the second quarter before the bell on Friday. - The trust formed to consolidate all the bad home loans, PennyMac
(
PMT |
Quote |
Chart |
News |
PowerRating), cut its IPO by 20% and shares fell on the first day of trading.
For a list of today’s highest PowerRating stocks, click here.
|
TradingMarkets 5 PowerRatings Stocks for Today |
|
Company
|
Symbol | PowerRatings |
| Level Three Communications | LVLT | 9 |
| Rentrack Corporation | RENT | 9 |
| THQ Inc. | 9 | |
| Yahoo! Inc. | YHOO | 8 |
| Archer Daniels Midland | ADM | 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!
|
TradingMarkets Making Great Traders |
Is it possible to increase your stock and ETF returns using only price as an indicator? We believe the answer is yes, and here’s how you do it.
Want to Become a Winning Trader? Avoid Doing This… – TradingMarkets
Denial is an insidious and serious human condition that can be extremely dangerous to traders. TradingMarkets contributor Bennett McDowell helps traders move out
of the denial stage and on the path to becoming a successful trader.
Predicting Stock Direction with the False Break Buy and Sell Pattern – TradingMarkets
Though you can never predict the future direction of stocks with 100% accuracy, there are some patterns in price movement that are more reliable than others.
|
TradingMarkets 7 ETFs You Need to Know for Today |
One-Day Oversold Conditions Lead to Rallies in Material, Financial ETFs – TradingMarkets
Rallying to its highest levels since early May, the ProShares Ultra Financials ETF crossed above its 200-day moving average on Thursday. Also soaring was the
SPDR Homebuilders ETF, which closed higher for a seventh consecutive trading day.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.