Monday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks End Lower for Second Consecutive Session … Asian Markets Climb on Japan Stimulus Hopes … Europe Continues To Reject Additional Spending … Obama To Unveil Sweeping Regulatory Change, Cool to Bonus Tax …
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“Larry has done it again. He delivers an insightful handbook of practical, useful and timeless methods to profit in the market.” – Tony Saliba, CEO of BNY ConvergEx LiquidPoint; Profiled in Market Wizards
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Among the companies reporting quarterly earnings Monday morning before the market opens are high-end retailer Tiffany & Company
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TIF |
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PowerRating), which is expected to report EPS of 80 cents, and Walgreen
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WAG |
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PowerRating), which is expected to announce earnings per share of 0.66. - Optimism toward drug sales encouraged UBS to upgrade Johnson & Johnson
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PowerRating) to “buy” on Friday. UBS has a price target of $63 for the pharmaceutical giant. - Indicative of the profit-taking in financial stocks was the 10% pullback in Bank of America
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PowerRating) on Friday as well as the 7% drop in JP Morgan Chase & Co.
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JPM |
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PowerRating) - The pressure remained on American International Group
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AIG |
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PowerRating) on Friday as attorneys general from 18 states announced intentions to begin investigations into bonuses paid by the increasingly publicly owned insurer. - Cisco Systems
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PowerRating), which was recently added to Goldman Sachs’ “conviction buy list”, on Friday announced its plan to purchase Pure Digital Technologies, makers of popular, inexpensive mini-video camcorders called Flip.
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 |
| ProShares UltraShort Utilities ETF | SDP | 8 |
| Papa John’s International Inc. | PZZA | 8 |
| Longtop Financial Technologies Ltd. | LFT | 8 |
| HMS Holding Corporation | HMSY | 8 |
| Granite Construction Inc. | GVA | 8 |
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TradingMarkets Making Great Traders |
Real World Trading Execution Quiz – TradingMarkets
Larry Connors shares a real world trading quiz to help traders develop their risk management and strategy decisions. How you answer this quiz will dictate what your P&L will look like this year and for years to come when situations like this arise.
Big Saturday Interview: Andrew Lo of MIT’s Laboratory for Financial Engineering – TradingMarkets
Check out this week’s Big Saturday Interview with Andrew Lo, Director of MIT’s Laboratory for Financial Engineering. Lo’s status as a top academic economist provides him with a perspective that many traders do not have but can surely benefit from understanding.
Is Trillion the New Billion? – TradingMarkets
How much is a lot of money? If you asked the average American if a million dollars was an unfathomable fortune what would the response be? According to TradingMarkets contributor Jesse Richards, the answer depends on when you asked.
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings and Short ETF Profit-Taking – TradingMarkets
Sellers took stocks down for a second session in a row. Find out in today’s column how PowerRatings traders are preparing themselves to respond to the market’s next move.
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