Friday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Edge Higher … Crude Oil Climbs … GM To File Chapter 11 on June 1 … Asian Markets Advance on Japanese Recovery Optimism … Most Overbought ETFs Include: DBO, OIL, USO ….
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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 after the bell on Thursday, Dell [DELL] beat analyst estimates by a penny. Sales were a bit below expectations. The stock had been trending higher over the course of trading on Thursday, up more than 2% and increasingly overbought below its 200-day moving average.
- Microsoft
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PowerRating) CEO Steve Ballmer introduced a new search engine called “Bing,” which is part of the software giant’s attempt to take on Google
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PowerRating) in the online space. “Bing” will be available on June 3. Shares of Microsoft were higher on Thursday and are again overbought below their 200-day moving average. Google, trading above its 200-day moving average, was up more than 1% on the day. - Tiffany’s & Co.
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PowerRating). Analysts are expecting per share earnings of 80 cents from the financial company, which traded higher on Thursday by more than 3%. - A new offer from General Motors
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PowerRating) bondholders won’t prevent the automaker’s bankruptcy. But the deal will allow GM to participate in preferred government-sponsored restructuring. - Time Warner
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PowerRating) gained more than 3% on Thursday as traders cheered news that the media company would be spinning off AOL near the end of 2009.
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 |
| United Natural Foods Inc. | UNFI | 10 |
| Target Corporation | TGT | 8 |
| Cooper Companies | 8 | |
| AirTran Holdings | AAI | 8 |
| CoinStar Inc. | CSTR | 8 |
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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 |
ETF Trading Strategies: Intraday Exits and Trading Around the 200-Day – TradingMarkets
What is the best time to exit an ETF position? We’ve tested dozens of combinations looking for the optimal exits and here’s what we’ve found.
The buying picked up on Thursday, following the latest figures on durable goods orders which came in much stronger than expected. Is the market now setting up for a mini short squeeze into month end? See Kevin Haggerty’s commentary.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
The markets were led higher in large part by buying in energy shares on Thursday. The bullishness in the energy sector helped boost energy-related ETFs such as the Energy Select Sector SPDRS ETF, up more than 4%.
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings Does It Again – Results for 2008 – TradingMarkets
The test results for PowerRatings for 2008 are in! See how PowerRatings stocks outperformed the market average over a 5-day period.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.