Monday Morning Coffee with TradingMarkets
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Good Morning! |
Morgan Stanley to Buy Interest in Citigroup’s Smith Barney … WSJ: Exxon Looking to Acquire Smaller Rival … Retailers Fear Wave of Bankruptcies … Euro Lower Against Greenback on Rate Cut Expectations … Top ETFs Include: PSP, BHH, OIH, XME, UYM …
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TradingMarkets 7 Stocks You Need to Know for Monday |
Here are 7 stocks for traders for Monday from TradingMarkets.com:
- Alcoa
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PowerRating) reports quarterly earnings on Monday after the market closes. Analysts are expecting an EPS loss of ten cents. - In late breaking news on Friday, Morgan Stanley
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PowerRating) announced that it would be buying a controlling interest in Citigroup‘s
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PowerRating) brokerage unit. Citigroup announced earlier in the day that Robert Rubin was stepping down as special counselor. - The Wall Street Journal reported that Yahoo!
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PowerRating) was nearing the end of its search to replace outgoing co-founder and CEO, Jerry Yang. Candidates include Yahoo! president Susan Decker. - The new entry by Palm
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PowerRating) into the competitive smart phone market cheered traders who boosted shares of both PALM and Sprint Nextel
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PowerRating) on Friday. - Reporting earnings before the bell on Monday is Charles Schwab
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PowerRating). The full service brokerage is expected to announce earnings per share of 0.26.
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 |
| Questcor Pharmaceuticals | QCOR | 9 |
| CH Energy Group Inc. | CHG | 9 |
| Nash-Finch Company | NAFC | 8 |
| Viropharma Inc. | VPHM | 8 |
| Stifel Financial Corporation | SF | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Kurt Eckhardt on Fractals, Futures and Trading for the Home Run – TradingMarkets
Options and futures trader Kurt Eckhardt talks about his background and evolution as a trader, his concerns about day-trading, how he trades the futures markets today using fractals and patterns, and why he thinks it pays to trade for the home run.
Applying Gann Strategies to the Forex Markets – TradingMarkets
Gann Theory can be described as the study of pattern, price, and time relationships and how these relationships affect the market. TradingMarkets contributor James Hyerczyk discusses how traders can use swing charts, Gann angles and percentage retracements to help decide when and where to buy or sell.
Renewed declines in the price of crude oil encouraged selling in energy-related stocks and exchange-traded funds on Friday. Among the stocks affected were Haliburton and Nabors Industries.
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings Hint at Upside Opportunity – TradingMarkets
With the Short Term PowerRating of the SPY climbing from 3 to 5 in four days, the time to be aggressively short may have passed.
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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