Monday Morning Coffee with TradingMarkets
Good Morning! |
U.S. Stocks End Week Higher, Overbought Conditions Prevail … Asian Markets Rally on Improved China Investment … Growing Appetite for Risk Boosts Euro Against Dollar … Overbought ETFs for Today Include: XLP, OIH, SPY, REW, FXB ….
TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Citigroup
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PowerRating) and JP Morgan Chase
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PowerRating) helped lead the financials – and the broader market – higher on Friday. While Citigroup has become more overbought below the 200-day moving average, shares of JPM have traded above their 200-day moving average for several days. - Sellers are becoming increasingly aggressive in taking profits in IBM
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PowerRating). The stock has closed lower for four consecutive days above its 200-day moving average and is now more oversold than at any point in the past month. - DISH Network
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PowerRating). The stock managed to close significantly off its intraday lows. - An EPS loss of 37 cents per share is what analysts are expecting to hear from Nissan Motor Company
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PowerRating), which is scheduled to report quarterly earnings Monday morning. Oversold conditions from Thursday helped lure in buyers on Friday who bid the stock higher by more than 3% intraday. - Soaring by more than16% intraday on Friday and closing above its 200-day moving average for the first time since August 2008, VeriSign
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PowerRating) beat analyst estimates by six cents per share.
For a list of today’s highest PowerRating stocks, click here.
TradingMarkets 5 PowerRatings Stocks for Today |
Company
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Symbol | PowerRatings |
Volterra Semiconductor Corp. | VLTR | 9 |
Starbucks Corporation | SBUX | 9 |
Steve Madden Ltd. | 9 | |
Netgear Inc. | NTGR | 9 |
The Cheesecake Factory | CAKE | 9 |
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 |
Leveraged ETFs, Short ETFs and the 200-day Moving Average – TradingMarkets
One of the main tenets of how we look at the markets is with the 200-day ma. Larry Connors shows you how to apply this rule to leveraged and short ETFs.
Trading and Hedging Risk with Steve Temes of Lincoln Capital, Part 1 – TradingMarkets
In this first part of our conversation with Steve Temes, we talk about trading and hedging with stocks, options and ETFs, and discussing the factors that he uses to determine when one vehicle is preferable to another.
TradingMarkets Most Overbought and Oversold ETFs for Monday – TradingMarkets
The Financial Select Sector SPDRS ETF is among our most overbought and oversold ETFs for Monday. See our list for more ETF opportunities that are also due for a short term reversal.
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.