Monday Morning Coffee with TradingMarkets
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Good Morning! |
Morgan Stanley, Goldman Sachs to Become Bank Holding Companies … Asian Stocks Soar for Second Day … Citigroup: Buy Australian Dollar, Sell Yen As Carry Trade Resumes … Congress Weighs Bush-Paulson Bailout Package … Washington Mutual Continues Search for Suitor …
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 7 Stocks You Need to Know for Monday |
Here are 7 stocks for traders for Monday from TradingMarkets.com:
- Financial stocks rallied by double digits on Friday, with many gapping up on the open and closing well off their highs. Merrill Lynch
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MER |
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PowerRating) gained more than 30%, Morgan Stanley
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MS |
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PowerRating) gained more than 20%, and JP Morgan
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JPM |
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PowerRating) added more than 16%, closing at levels not reached since May. - Auto Zone
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AZO |
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PowerRating) reports earnings Monday morning before the market opens. Analysts are expecting EPS of 3.90. - Oracle
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ORCL |
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PowerRating) gained more than 7% on Friday after beating analyst earnings estimates by two cents - Palm Inc.
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PALM |
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PowerRating) reported its fifth consecutive quarterly loss, as competition from Research in Motion‘s
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RIMM |
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PowerRating) Blackberry continues to outsell Palm’s line of smartphones.
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 |
| Knoll Inc. | KNL | 9 |
| Sun Healthcare Group | SUNH | 8 |
| The Pantry Inc. | PTRY | 8 |
| Apollo Group Inc. | APOL | 8 |
| Central Garden & Pet Company | CENTA | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
My Favorite Indicators for Pinpointing Major Market Bottoms – TradingMarkets
With unprecedented volatility sending the stock market, and investors, on a roller coaster ride with no seat belt, it’s important to know when the bottom is near. Here are some indicators from TradingMarkets Select Contributor Tim Ord that can help you predict the beginning of the end of even the worst market decline
Using Options Greeks: Implied Volatility and Investor Fear – TradingMarkets
Implied volatility is relatively simple to understand but it hard to predict. TradingMarkets contributor John Jagerson discuss how to use IV to forecast market direction and make trading decisions.
7 ETFs You Need to Know for Monday – TradingMarkets
Financial ETFs and funds indexed to emerging markets were among the biggest winners on a day of big winners. It’s a comeback day for a beaten down sector, the Select Financial Sector SPDRs, XLF, closed up almost 10%.
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TradingMarkets Daily PowerRatings Analysis |
Swing Trading the Bailout Bounce: 5 Stocks for Traders – TradingMarkets
Whether or not the proposed bailout plan restores confidence in the financial system, swing traders now more than ever need to be wary of straying from a winning approach to buying into weakness and selling into strength.
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