Friday Morning Coffee with TradingMarkets
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Good Morning! |
WaMu No More: Feds Seize Washington Mutual in Largest Bank Failure in U.S. History … Wall Street Bailout Plan Stalls Over GOP Objections … General Electric Lowers Annual Earnings Estimate, Suspends Dividend … Research in Motion Misses Estimates …
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:
- Sales from the Olympics continued to support earnings at Nike Inc.
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PowerRating), which beat analyst estimates by more than a dime this week - Research in Motion
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PowerRating) reported quarterly earnings Thursday after the close that missed analyst expectations by one cent - Among the financial stocks moving higher on Thursday were JP Morgan Chase & Company
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PowerRating), up more than 7% on the day. Among those moving lower were Washington Mutual
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PowerRating) which continues to search for a bidder for all or part of the savings and loan. WaMu was down more than 25%. - McDonalds
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PowerRating) announced that it was increasing its quarterly dividend by 33% to 50 cents per share. - Pilgrim’s Pride Corporation
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PowerRating) plunged by nearly 40% as the company announced that it would report significant losses for its fourth quarter. - Weakness in its financial services division led General Electric
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PowerRating) to lower its profit forecast and suspend its share buyback program.
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 |
| Old National Bancorp | ONB | 9 |
| Nara Bancorp Inc. | NARA | 9 |
| Alleghany Corporation | Y | 8 |
| Vocus Inc. | VOCS | 8 |
| TCF Financial Corporation | TCB | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
How to Trade the Focused Four Exchange Traded Funds – TradingMarkets
With the current volatility from the financial arena, ETFs are becoming the most popular trading instrument among professional traders. ETF trader Toni Turner discusses strategies for trading the “Focused Four”.
Current Day Trading Focus – TradingMarkets
The markets lulled on Wednesday as traders focused all of their attention on the congressional testimonies of Fed chairman Ben Bernanke and Treasury secretary Henry Paulson. The market’s reaction will be key in determining movement this week.
7 ETFs You Need to Know for Friday – TradingMarkets
Financial stocks received the lion share of Thursday’s rally boost. The ProShares Ultra Financials ETF, UYG, was up more than 4% on the day.
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TradingMarkets Daily PowerRatings Analysis |
5 PowerRatings Stocks for the Next 5 Days – TradingMarkets
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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