Friday Morning Coffee with TradingMarkets
Good Morning! |
Stocks Finish Thursday Higher in Dramatic Late Session Rally … Commodity Stocks Lead Asian Markets Higher …Treasury TARP Shift Emboldens Critics … Citigroup Cutting Jobs, Boosting Credit Card Rates … Abercrombie, Agilent, JC Penny 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!
TradingMarkets 7 Stocks You Need to Know for Friday |
Here are 7 stocks for traders for Friday from TradingMarkets.com:
- Dell
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PowerRating) was added to Goldman Sach’s “conviction sell” list on Thursday due to earnings concerns. - Retail earnings afterhours on Thursday included Kohls
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PowerRating), which missed by a penny. More retail earnings are due Friday morning before the bell, with analysts expecting earnings per share of 0.53 from JC Penny
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PowerRating). - Among the few stocks that are oversold above the 200-day moving average, two belong to the biotechnology sector, Amgen
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PowerRating) and Cephalon Inc.
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PowerRating). - Energy stocks helped lead the markets’ tremendous oversold rally on Thursday. Near the head of that pack was Chevron
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PowerRating), which gained more than 12%.
For a list of today’s highest PowerRating stocks, click here.
TradingMarkets 5 PowerRatings Stocks for Today |
Company
|
Symbol | PowerRatings |
Thoratec Corporation | THOR | 8 |
Salix Pharmaceuticals | SLXP | 8 |
Steris Corporation | STE | 8 |
Star Scientific Inc. | STSI | 8 |
Integral Systems Inc. | ISYS | 7 |
View More Stocks |
TradingMarkets Making Great Traders |
Making It Up As They Go Along – TradingMarkets
The auto companies are lined up for a proposed bailout, AIG is up to $150 billion in giveaways and American Express has asked to be named a bank holding company. See Gary Kaltbaum’s take on why this is becoming a bear market for the ages.
How to Take Advantage of the Intraday Swing in the E-mini Market
– TradingMarkets
For intraday traders, there are several benefits in swing trading the S&P 500 E-mini. TradingMarkets contributor Austin Passamonte discusses how to capture big directional profits in the E-mini index market.
7 ETFs You Need to Know for Today – TradingMarkets
A 700+ point swing in the Dow boosted many index and sector ETFs up off of deep intraday lows. Among the sectors moving higher on Thursday was the energy sector, with the Energy Select Sector SPDRS fund up more than 8% late in trading.
TradingMarkets Daily PowerRatings Analysis |
5 PowerRatings Stocks for the Next 5 Days – TradingMarkets
Looking for stocks that are likely to be higher than the average stock over the next few days? Our 5 PowerRatings Stocks for the Next 5 Days column is a great place to start!
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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