Friday Morning Coffee with TradingMarkets
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Good Morning! |
Stocks Stage Massive Late Reversal to Upside … Google Surprises with Rising Profits … Oil Pullback Boosts Nikkei Stocks … Hedge Funds Announce Massive Job Cuts … Honeywell, Schlumberger Report Earnings Today
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:
- Citing “macroeconomic conditions”, Bank of America
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PowerRating) lowered its price target for shares of Amazon.com
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PowerRating) on Thursday. After moving lower, AMZN rallied to close higher by more than 3%. - Steve Ballmer, CEO of Microsoft
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PowerRating) said on Thursday that a deal to acquire Yahoo!
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PowerRating) still may make “economic sense.” Shares of Yahoo were up by more than 10% on the day. - Reporting earnings before the bell Friday morning, Schlumberger
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PowerRating) is expected to report earnings per share of 1.25. - Merrill Lynch
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PowerRating) upgraded Archer Daniels Midland
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PowerRating) from “hold” to “buy,” citing the company’s increased cash flow due to the pullback in commodity prices.
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 |
| ProShares Short MSCI Emerging Markets ETF | EUM | 8 |
| ProShares UltraShort FTSE/Xinhua 25 ETF | FXP | 6 |
| ProShares UltraShort MSCI Japan ETF | EWV | 6 |
| ProShares UltraShort OQQQ | QID | 6 |
| ProShares UltraShort Russell 2000 | TWM | 6 |
| View More Stocks |
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TradingMarkets Making Great Traders |
President Obama – TradingMarkets
McCain may have come out strong, but Gary Kaltbaum believes it was Barack Obama’s demeanor which gained him strength in last night’s final presidential debate. See Kaltbaum’s take on the McCain, Obama Debate; Bernanke’s dim outlook on the credit debacle and crude’s stunning collapse.
My Favorite Indicators for Pinpointing Major Market Bottoms – TradingMarkets
With unprecedented volatility sending the stock market, and investors, on a roller coaster ride with no seat belt, it’s important to know when the bottom is near. Here are some indicators that can help you predict those major market bottoms.
7 ETFs You Need to Know for Today – TradingMarkets
ETFs linked to Asian markets were among those moving significantly higher on Thursday including the iShares FTSE/Xinhua 25, FXI, which was up more than 5%. Gold and oil based ETFs ended lower on the day.
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TradingMarkets Daily PowerRatings Analysis |
Momentum, Trend and Swing Trading a Sideways Market – TradingMarkets
When a market seems to consist entirely of momentum and trend, swing traders need to be extra careful not to make the wrong trades at the wrong time.
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