Monday Morning Coffee with TradingMarkets

Good Morning!


Verizon Reports in the Shadow of Growing Labor Dispute … SEC Widens War On Short Selling … Trading Opportunities in the Euro, Pound and Yen …
Intuitive Surgical: Good, But Worth It? … An Economy Turns its Lonely Eyes to Hank Paulson

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 5 Business Stories You Need to Know


Verizon’s Labor Pains
New York Times

Labor troubles loom at Verizon, which reports earnings this morning before the bell. Higher wages, health care benefits and outsourcing are among the issues in contention.

Verizon is the Featured Stock in our TradingMarkets Up or Down Stock Contest. You have until 4 p.m. EST today to tell us whether Verizon will be Up or Down on Tuesday. Click here to play our TradingMarkets Up or Down Stock Contest for your chance to win $1,000 a month by correctly guessing the direction of a stock!


SEC Extends Short Sell Prohibition
Wall Street Journal

The SEC’s campaign against “illegal short selling” has been extended to prevent traders from betting against an additional set of companies.

Range Trading and the EuroFXTechStrategy

Mohammed Isah provides his analysis and observations on the Euro, British pound and Japanese yen in his latest Weekly Technical Strategist.

Barrons

Intuitive Surgical’s amazing robotic surgical procedure garners positive reviews – and helps ISRG to a lofty stock price. A Barron’s cover story this weekend
weighed the merits of the stock’ healthy valuation.


Will Hank Handle the Crisis?
New York Times

Increasingly, focus has shifted from Fed chairman Ben Bernanke to Treasury secretary Hank Paulson to point a way out of the current financial crisis.

For more stories as they happen, go to our Breaking News section.

TradingMarkets 7 Stocks You Need to Know for Today

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

  • Kraft
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    reports earnings on Monday before the market opens. Analysts are expecting EPS of $0.50.

  • Traders bid shares of Legg Mason
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    higher on Friday despite the company’s announcement of its second consecutive quarterly loss.

  • Concern that major American automakers like Ford
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    are running out of cash led to record short interest in the stock as of Friday.

  • Reporting earnings this morning before the bell, Sohu.com
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    is expected to announced earnings per share of $0.67 for the quarter.

  • Shares of the trendy footwear company Crocs
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    fell sharply on Friday as the company lowered their earnings forecast for the second quarter as well as the year.

  • Fortune Brands
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    , makers of whiskey and golf accessories, beat lowered Wall Street estimates by five cents in its earnings report on Friday.

  • Verizon
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    is expected to announce earnings per share of $0.65 when the company reports earnings this morning before the open.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Ivanhoe Energy Inc. IVAN 9
Esco Technologies Inc. ESE 9
Valhi Inc. VHI 8
Unit Corporation UNT 8
Cimarex Energy XEC 8

View More Stocks

TradingMarkets Making Great Traders

Making Great TradersTradingMarkets

TradingMarkets Senior Vice President Eddie Kwong provides his weekly recap of the best that was at TradingMarkets this week. From our Big Saturday Interview
with Frank Scoblete and Dom LoRiggio to Part 2 of Michael Kahn’s primer on charting and technical analysis, the tools you need to become a great trader are here
at TradingMarkets!

Using Volume Indicators to Improve TradingTradingMarkets

Volume is the fuel that drives stocks prices higher and lower. TradingMarkets’ own Dave Goodboy provides this introduction to some of the more popular gauges of
volume used by technical traders to make buying and selling decisions every day.

How to Trade in Trending MarketsTradingMarkets

The trend is your friend, right? There’s more to befriending a trend than jumping on and holding on with all you’ve got. In this column, TradingMarkets Select
Contributor Len Yates provides some tips on the best ways to trade a trending market.

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