Friday Morning Coffee with TradingMarkets
Good Morning! |
Stocks Slide Late on Thursday, Dow Drops Below 7600 … Asian Stocks Rally … Bank of Japan Keeps Rates Steady at 0.3% … Citigroup Plunges, Considers Sale of Parts, Whole Bank … Ann Taylor, HJ Heinz, JM Smucker 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 Thursday |
Here are 7 stocks for traders for Thursday from TradingMarkets.com:
- Reporting earnings Thursday after the market closed, Dell
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PowerRating) beat analyst estimates by six cents. - Yahoo!
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PowerRating) is stepping up its efforts to forge a deal with Time Warner
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PowerRating) whereby in exchange for a stake in Yahoo!, Time Warner would hand over its AOL advertising business to the Internet search company. - Automakers failed to win support for a much-sought after bridge loan from Congress on Thursday. Shares of both General Motors
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PowerRating), which were up early in the day, finished well-off their highs. - Despite news that Saudi Prince Alwaleed bin Talal was increasing his investment stake in Citigroup
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PowerRating), shares of the stock moved dramatically lower for a fourth trading day in a row. - HJ Heinz
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PowerRating) reports quarterly earnings Friday morning before the market opens. Analysts are expecting EPS of 76 cents.
For a list of today’s highest PowerRating stocks, click here.
TradingMarkets 5 PowerRatings Stocks for Today |
Company
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Symbol | PowerRatings |
Unifi Inc. | UFI | 9 |
Salix Pharmaceuticals Ltd. | SLXP | 9 |
Bank of the Ozarks | OZRK | 8 |
Almost Family Inc. | AFAM | 8 |
Hanger Orthopedic Group | HGR | 8 |
View More Stocks |
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In these most volatile and uncertain times, investors are focusing on risk with renewed vigor. TradingMarkets contributor Tristan Yates addresses what most investors would like to know: why should they trust their money to a market that’s so swift to destroy their hard-earned wealth?
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Massive losses in the Dow Jones Industrial led to sizable gains in the ProShares UltraDow 30 exchange-traded fund, which was up more than 10% on Thursday.
TradingMarkets Daily PowerRatings Analysis |
Waiting, Trading and Why We Only Buy Strong Stocks – TradingMarkets
What’s the one trading rule that can keep swing traders out of the worst trades – in bull market or bear? Find out in today’s PowerRatings Daily Analysis.
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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