Monday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks End Week Lower … Dollar Gains on Euro … Asian Markets Edge Higher … GM CEO Wagoner To Step Down as Obama Extends Deadline … Top ETFs Over Past Week Include: PSP, FAS, UXI, UYG, ITB …

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • Despite the controversies surrounding executives at American International Group
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    , a number of the insurers top risk managers will be staying on with the company according to the Wall Street Journal.

  • General Motors
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    is increasingly less likely to meet its government mandated deadline for restructuring and cost-cutting, despite the large number of employees who took advantage of the automaker’s buyout offers earlier this week.

  • Joining the ranks of companies downsizing physical plants, Amazon.com
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    announced that it would be shutting down some of its facilities this year in a cost-cutting effort.

  • Apple
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    will be ending its fixed 99 cent price for songs downloaded by way of its iTunes online music store as of April 7.

  • Boston Scientific
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    warned on Friday that some of its defibrillators may misfire due to issues with wiring.

  • Bank CEOs from Ken Lewis of Bank of America
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    to John Stumpf of Wells Fargo
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    met with President Obama at the White House to discuss banking’s roll in economic policy.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Netflix Inc. NFLX 8
ProShares UltraShort Consumer Goods ETF SZK 8
Tower Group Inc. TWGP 7
ProShares UltraShort Industrials ETF SIJ 7
Leap Wireless Inc.. LEAP 7

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!

TradingMarkets Making Great Traders


How To Find the Best Stocks to Trade Every Day
TradingMarkets

Larry Connors explains the main focus of PowerRatings, which remains the single most popular tool on TradingMarkets.com to help traders and investors in selecting the best stocks to trade every day.

PowerRatings Does It Again – Results for 2008TradingMarkets

The results for PowerRatings for 2008 are in and again the top rated PowerRatings stocks outperformed the average stock over a 5-day period.

TradingMarkets 7 ETFs You Need to Know for TodayTradingMarkets

A number of short ETFs were higher on Friday in response to increasingly oversold conditions above the 200-day moving average. These ETFs include the ProShares UltraShort Dow 30 ETF and the ProShares Short Russell 2000 ETF.

TradingMarkets Daily PowerRatings Analysis


5 PowerRatings Stocks for the Next 5 Days
TradingMarkets

Looking for stocks that are likely to outperform 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 sign up for Larry Connors’ Trading Lesson of the Day.