Monday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Slide Deeper Into Oversold Territory Below 200-day Moving Average … Asian Stocks Lower on Japan Recession Fears … Risk Aversion Boosts Dollar Against Yen, Euro … Earnings on Deck for Today Include: TIVO, DISH, OSG, EIX, CEL …
Find out what traders are saying about Short Term Trading Strategies That Work “This is a book that you will keep on your trading desk at all times because the quantified strategies presented have a very high probability of success, and that is what professional trading is all about.” – Kevin Haggerty, professional trader and former Head of Trading at Fidelity Capital Markets.
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- The U.S. Treasury reached a deal with Citigroup
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PowerRating) whereby the government would convert $25 billion in preferred stock into common stock in the struggling bank. The public stake in Citigroup now stands at 36 - In another effort to support its credit rating, General Electric
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PowerRating) announced a dividend cut of 68% on Friday. - Fannie Mae
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PowerRating) one of the bigger winners on an day dominated by falling stocks. Trading below its 200-day moving average, LEAP closed higher by more than 9%. - Announcing earnings on Monday are home entertainment-related companies, TiVo Inc.
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PowerRating) and DISH Network Corporation
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PowerRating). DISH is expected to report EPS of 49 cents before the open. Analysts are expecting an earnings per share loss of 10 cents from TIVO after the close.
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 |
| InterMune Inc. | ITMN | 9 |
| Open Text Corporation | OTEX | 9 |
| Osiris Therapeutics | OSIR | 8 |
| Aqua America Inc. | WTR | 8 |
| Emergent Biosolutions Inc. | EBS | 8 |
| View More Stocks |
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!
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TradingMarkets Making Great Traders |
How to Bring In Additional Income from ETFs, Part 2 – TradingMarkets
In part 2 of this trading lesson, Larry Connors shows you a more aggressive and potentially even more profitable way to trade spreads in order to bring in additional income from ETFs.
Backtest Your Forex Trading System! – TradingMarkets
What if you knew that there is one habit that you can adopt as a trader that will nearly guarantee trading success? Professional forex trader and money manager Walter Peters discusses how traders can develop the confidence in their abilities to extract profits from the markets.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
Although up from their lowest levels on Friday, financial stocks remained under selling pressure. Selling also continued in the health care sector, leading to pullbacks for health care exchange-traded funds like the iShares Dow Jones U.S. Healthcare Sector Index Fund ETF.
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TradingMarkets Daily PowerRatings Analysis |
Opportunities Amid the Oversold: 3 Stocks for Traders – TradingMarkets
A growing number of high Short Term PowerRatings stocks and oversold conditions in the stock market provide the context for short term traders to find advantage in quality pullbacks.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.