Friday Morning Coffee with TradingMarkets

Good Morning!

S&P 500, Dow 30 Down for Second Consecutive Session on Thursday … GE Slides On Credit Concerns… Darden Restaurants, 3Com, Accenture Beat Earnings … Research in Motion Earnings in Line, Palm Misses Big … Jabil Circuit Reports Friday Morning …

Click here to find out what traders are saying about Larry Connors’ new book, Short Term Trading Strategies That Work: A Quantified Guide to Trading Stocks and ETFs!

TradingMarkets 7 Stocks You Need to Know for Today

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

  • Research in Motion
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    reported EPS of 83 cents Thursday after the market closed, beating analyst estimates by a penny. The stock was up by more than 10% immediately after the announcement in after hours trading.

  • General Motors
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    denied rumors that it was investigating a possible merger with Chrysler LLC.

  • Reporting earnings after the bell on Thursday, Oracle Corporation
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    announced profits that were in-line with analyst expectations. Revenues, however, were lighter than expected.

  • Discover Financial Services
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    smashed through analysts earnings expectations Thursday morning. The company’s results included a more than $500 million antitrust settlement from a case against Visa and MasterCard.

  • Wal-Mart
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    will begin selling the Apple
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    iPhone in its stores on December 28th.

  • Standard and Poor’s lowered its credit outlook for General Electric
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    to negative, citing lower expected earnings from the company.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Laclede Group Inc. LG 8
Volcano Corporation VOLC 7
Granite Construction Inc. GVA 7
Corinthian Colleges Inc. COCO 7
Vulcan Materials Corporation VMC 7

View More Stocks

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TradingMarkets Daily PowerRatings Analysis


5 PowerRatings Stocks for the Next 5 Days
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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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