Friday Morning Coffee with TradingMarkets

  • September 5, 2008
  • David Penn

Good Morning!

John McCain Accepts Republican Nomination for President … Stocks Plunge on Thursday, Led Lower by Financials … Boeing and Machinists Negotiate to Avert Strike … Economists Fear August Job Losses … Crude Oil Slides Below $108 …

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 7 Stocks You Need to Know for Today

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

  • National Semiconductor
    (
    NSM |
    Quote |
    Chart |
    News |
    PowerRating)     reports earnings Friday morning before the market opens. Analysts are expecting EPS of $0.34.

  • The machinist’s union have agreed to delay a strike against Boeing
    (
    BA |
    Quote |
    Chart |
    News |
    PowerRating)     for 48 hours. Union members have already voted to approve the work stoppage.

  • Comcast
    (
    CMCSA |
    Quote |
    Chart |
    News |
    PowerRating)     sued the Federal Communications Commission in an effort to reverse the FCC’s ruling on how Comcast regulates and controls Internet traffic.

  • Wal-Mart
    (
    WMT |
    Quote |
    Chart |
    News |
    PowerRating)     announced same stores sales that were better than expected. The stock finished up for the day, but off the intraday highs.

  • The biggest pullbacks in the Dow industrials came in the form of corrections in financial stocks. Citigroup
    (
    C |
    Quote |
    Chart |
    News |
    PowerRating)     and American International Group
    (
    AIG |
    Quote |
    Chart |
    News |
    PowerRating)     were both down more than 6% intraday.

  • Microsoft
    (
    MSFT |
    Quote |
    Chart |
    News |
    PowerRating)     announced plans to cut prices on its Xbox 360, making the gaming console the lowest priced among its competitors.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Advanced Energy Industries Inc. AEIS 8
Altera Corporation. ALTR 8
Silicon Image Inc. SIMG 8
Concur Technologies Inc. CNQR 8
Cypress Semiconductor CY 8

View More Stocks

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