Friday Morning Coffee with TradingMarkets

Good Morning!

Stocks Rally as Financial Take S&P 500 Up 1% … BAC, AXP, C Among Major Gainers … AIG Pledges to Repay Bailout Funds … Euro, Yen Advance Against Greenback … Most Oversold ETFs for Today Include: PGF, DBB, EWT …

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:

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
UQM Technologies Inc. UQM 9
Southwest Airlines LUV 8
NetApp Inc. 8
Hasbro Inc. HAS 8
Sears Holding SHLD 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!

TradingMarkets Making Great Traders

TradingMarkets

What does it really mean to enter or exit a position on the close when a signal triggers? Over the next few days, Larry Connors will show you the ways you can execute a trade at the market close.

TradingMarkets

Wednesday saw the $US dollar down and commodities up, which as Kevin Haggerty has said in previous commentaries, is a day trader’s goldmine. Here’s a look at Thursday’s market direction.


In Trading, Loss is the Rite of Passage to Wealth
TradingMarkets

There are challenges that every trader faces before they achieve mastery. The ability to withstand the emotional element of losing is the rite of passage to wealth.

TradingMarkets 7 ETFs You Need to Know for Today


Financial ETFs Among Strongest at Week’s End, Country ETFs Advance as Overbought Conditions Abound
TradingMarkets

Financials continue to be the diet of traders looking for more upside exposure on Thursday. As such the ProShares Ultra Financial ETF, which was up nearly 4% on Thursday, is back into overbought territory above the 200-day moving average.

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