Friday Morning Coffee with TradingMarkets
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Good Morning! |
Stocks Stage Late Session Rally on Thursday … OPEC Holds Emergency Meeting Today … Microsoft Beats Estimates … Home foreclosures Soar to New Record as Housing Prices Fall … Exelon, Fortune Brands, Ingersoll-Rand 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:
- Soaring third quarter profits sent shares of Amgen
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PowerRating) soaring as well. Although off its intraday highs, the stock gained more than 11% on the day. br /> - Fellow biotech Celegene
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PowerRating) also beat estimates on Thursday, climbing by nearly 9%. - Goldman Sachs
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PowerRating) announced that it would be cutting approximately 10% of its workforce, the decision was reportedly due to a pessimistic outlook on
future revenue. - Leading nuclear power provider Exelon
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PowerRating) reports quarterly earnings Friday morning before the market opens. Analysts are expecting EPS of 1.13. - The impact of the financial crisis on insurance companies has led both Prudential Financial
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PowerRating) and Allstate Corporation
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PowerRating) to suspend their share buyback programs. Shares of Prudential were down more than 3%. Shares of Allstate lost just over 5%. - Pricing power in plastic and latex helped Dow Chemical
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PowerRating) beat earnings estimates on Thursday.
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 |
| Alpharma Inc. | ALO | 9 |
| Sequenom Inc. | SQNM | 8 |
| Anheuser-Busch Companies | BUD | 8 |
| Barr Pharmaceuticals | BRL | 8 |
| Beacon Roofing Supply | BECN | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Are Analyst Estimates Important to Stock Prices? – TradingMarkets
In the conclusion to our series on analysts estimates, TradingMarkets contributor John Jagerson shows you how to access analyst reports and more importantly, how analysts quiz a company’s management team during quarterly earnings calls.
The British Pound Gets Pounded – TradingMarkets
The entire civilized world seem to be falling into a recession, and the U.K.’s economy is no exception. The Bank of England’s Monetary Policy Committee has
simply been too slow to cut interest rate, so where will the Pound go from here?
7 ETFs You Need to Know for Today – TradingMarkets
Soaring foreclosure rates helped make homebuilders the worst performing sector on Thursday. Down more than 10% is the Select Homebuilders SPDRS ETF, which broke down to fresh, 7-day lows
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TradingMarkets Daily PowerRatings Analysis |
Strong Get Stronger: Swing Trading and Momentum – TradingMarkets
When strong stocks just keep getting stronger while weak stocks keep getting weaker, it is time for the swing trader to avoid the temptation of chasing momentum.
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