Friday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks End Thursday Lower … Auto Aid Package Fails in Senate: Asian Stocks, U.S. Stock Futures Slide … Greenback Also Lower on Auto Bailout Failure … ETFs Moving Higher into Friday Include Industrials, Materials: UYM, KOL, XME

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TradingMarkets 7 Stocks You Need to Know for Friday

Here are 7 stocks for traders for Friday from TradingMarkets.com:

  • Health care stocks were some of the better performers on Thursday, with United Health Group
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    gaining nearly 9%

  • Renewed concerns that the $14 billion aid package for American automakers might not survive the Senate led to lower prices for shares of both General Motors
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    and Ford Motor Company
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    on Thursday.

  • Eli Lilly & Company
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    said that it would go ahead and seek approval for a once-a-week diabetes treatment co-developed with Amylin Pharmaceuticals
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    .

  • Procter & Gamble
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    warned that quarterly sales were lower than expected, but affirmed its profit and revenue forecasts for both the quarter and the full year.

  • Citing the software giant’s own predictions for slowing sales, Morgan Stanley cut its profit forecast for Microsoft
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    .

For a list of today’s highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Unifi Inc. UFI 8
Star Scientific Inc. STSI 8
Rohm & Haas Company ROH 8
New Jersey Resources Corporation NJR 8
Cubist Pharmaceuticals Inc. CBST 8

View More Stocks

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TradingMarkets Making Great Traders

Government Market Intervention Creates Panic Selling
TradingMarkets

It was a very choppy day in the markets on Wednesday and it took a rally in the last 90 minutes for the SPX to finish green. See Kevin Haggerty’s commentary on why a government intervention could further spook the markets.


Building the Ideal Options Trade
TradingMarkets

While stock investors are seeing turmoil and running for the sidelines, options traders are able to buy calls in the winning names and buy puts in the losing names. Options trader Ken Trester shows you how to profit from options trading in spite of the current market conditions.

7 ETFs You Need to Know for TodayTradingMarkets

Financial stocks pulled back on Thursday, dragging the SPDRS Financial Select Sector ETF, which started the week overbought, lower for a third consecutive day.

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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