Monday Morning Coffee with TradingMarkets

  • August 31, 2009
  • David Penn

Good Morning!

U.S. Stocks Drift Lower, Trading Range Intact in S&P, Dow, Nasdaq … DPJ Wins Japan Election After Decades of LDP Rule … Analysts Optimistic on India Growth … U.S. Job Losses Expected to Slow … Most Oversold ETFs for Today Include: EWZ, KOL, ILF, MOO, XLP …

Click here to 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:

  • Sun Microsystems
    (
    JAVA |
    Quote |
    Chart |
    News |
    PowerRating)     is hoping that their loss isn’t greater than 9 cents/share for the fiscal fourth quarter 2009. JAVA reports on Monday before the bell.

  • China Mass Media Advertising
    (
    CMM |
    Quote |
    Chart |
    News |
    PowerRating)     has its sights set on an EPS of 14 cents for the second quarter, and will announce prior to the trading day on Monday

    morning.

  • Mattress maker, Culp
    (
    CFI |
    Quote |
    Chart |
    News |
    PowerRating)    , will reveal its fiscal first quarter 2010 EPS after the close Monday, with an expected earnings of 12 cents/share.

  • Game king, Take-Two Interactive
    (
    TTWO |
    Quote |
    Chart |
    News |
    PowerRating)    , has analysts expecting a fiscal third quarter 2009 loss of 78 cents/share.

  • High end retailer, Saks Fifth Ave
    (
    SKS |
    Quote |
    Chart |
    News |
    PowerRating)     has just inked a deal to sell hipster brand Timberland
    (
    TBL |
    Quote |
    Chart |
    News |
    PowerRating)     in several of its stores.

  • International Paper Company
    (
    IP |
    Quote |
    Chart |
    News |
    PowerRating)     has announced its plans to create forests of genetically engineered super trees.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Walter Energy WLT 9
Independent Bank Corp INDB 9
Motorola 9
Intuitive Surgical ISRG 8
Caterpillar CAT 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

If you’ve always wanted to be a better swing trader, let the TradingMarkets Swing Trading College help you get started. Join Larry Connors on Monday, August 31st for a special presentation on our Fall 2009 Swing Trading College.

TradingMarkets

Can market highs and lows be predicted? Answering this question has been the goal of the work of Tim Wood and here in Part 1 of our interview, he explains how

he used his research in cycles.


Protecting Your Portfolio from a Market Decline – TradingMarkets

Here’s a strategy from Larry Connors to help traders hedge and protect their long portfolio from a declining market.

TradingMarkets 7 ETFs You Need to Know for Today


Leveraged Financials Lead Lower as Country ETFs Continue to Pullback – TradingMarkets

Here are the 7 ETFs to know for Monday’s trading, including the Direxion Daily 3x Financial Bull Shares, FAS which lost more than 2% late in trading on Friday.

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