Monday Morning Coffee with TradingMarkets

  • August 17, 2009
  • David Penn

Good Morning!

U.S. Stocks Pull Back to End Week … Energy, Basic Materials Lead Sell-Off …. Asian Markets Move Lower Overnight … Top PowerRatings Roster Swells with 10-Rated Stocks … Most Oversold ETFs for Today Include: DBA, IBB, IWM, USO, XRT …

Click here to pre-order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading!

TradingMarkets 7 Stocks You Need to Know for Today

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

  • Airline giant Boeing
    (
    BA |
    Quote |
    Chart |
    News |
    PowerRating)     has further delayed releasing its 787 Dreamliner aircraft after finding flaws in 23 of the planes.

  • The fiscal second quarter 2010 is expected to show 53 cents/share for home do-it-yourself retailer Lowe’s
    (
    LOW |
    Quote |
    Chart |
    News |
    PowerRating)    , prior to trading on Monday.

  • Beat down CIT Group
    (
    CIT |
    Quote |
    Chart |
    News |
    PowerRating)     has traders expecting a loss of $1.83 for the second quarter 2009 Monday morning before the bell.

  • Announcing after the close on Monday, Agilent Technologies
    (
    A |
    Quote |
    Chart |
    News |
    PowerRating)     is expecting to see fiscal third quarter results of 11 cents/share.

  • Rumor has it that BB&T Corp
    (
    BBT |
    Quote |
    Chart |
    News |
    PowerRating)     is taking over near dead Colonial Bancgroup
    (
    CNB |
    Quote |
    Chart |
    News |
    PowerRating)    .

  • American International Group
    (
    AIG |
    Quote |
    Chart |
    News |
    PowerRating)     has just made an unusual amendment to its bylaws making sure that the Chairman is independent from management.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Garmin Ltd. GRMN 10
Amlyn Pharmaceuticals AMLN 9
Polo Ralph Lauren 9
Sara Lee Corporation SLE 8
General Electric GE 8

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

TradingMarkets

Register today for Larry Connors’ special free, live educational webinar on trading with High Probability ETF Trading Software 4 p.m. August 19th!

TradingMarkets

In part 1 of our conversation with Thomas Bulkowski, we learn about how he came to focus on studying and quantifying chart patterns in stocks, and how traders

and investors can best take advantage of his research.


How to Improve Your Trading by Not Having An Opinion – TradingMarkets

It seems the more traders try to forecast on market direction, the more it can’t be done. Learn how to trade based on the current reality in the market and avoid the fantasy or market opinions.

TradingMarkets 7 ETFs You Need to Know for Today


Energies, Materials ETFs on Retreat Above 200-Day, Bond ETFs Linger in Overbought Zone – TradingMarkets

The deepest pullbacks among ETFs at week’s end were in the energy and materials sectors. Among those moving lower were ETFs
like the Vanguard Energy ETF and the ProShares Ultra Basic Materials ETF.

Click here to sign up for Larry Connors’ Trading Lesson of the Day.