Monday Morning Coffee with TradingMarkets

Good Morning!

Bank of America in $50 Billion Deal to Buy Merrill Lynch … Lehman Looks Toward Bankruptcy … AIG Seeks Fed Bridge Loan … Federal Regulator To Block Fannie, Freddie CEO Exit Packages … Electronic Arts Abandons Take Two Bid

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 7 Stocks You Need to Know for Monday

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

  • Shares of Chipotle Mexican Grill
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    fell by more than 20% in trading on Friday after providing lower third quarter guidance.

  • Also dramatically lower in the wake of a lowered earnings forecast was building materials maker, Cemex
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    , which lost more than 7% on the day.

  • Goldman Sachs
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    reports earnings on Tuesday before the bell. Analysts are expecting EPS of $1.78.

  • Reflecting the recovering in basic materials stocks, shares of Alcoa
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    were higher by more than 3% on Friday. Alcoa was the best performing stock in the Dow industrials.

  • And reflecting the continued weakness in the financial sector, traders aggressively sold shares of American International Group
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    , which was down a whopping 30%+ on the day.

  • Bank of America
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    is widely rumored to be at the head of the pack of potential acquirers of Merrill Lynch & Co.
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    .

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Zale Corporation ZLC 9
Jones Apparel Group Inc. JNY 9
Collective Brands Inc. PSS 8
The Timberland Company TBL 8
Tiffany & Company TIF 8

View More Stocks

TradingMarkets Making Great Traders

Making Great TradersTradingMarkets

From our quick conversation with TradingMarkets 2008 presenter Perry Kaufman to our daily tips on trading, here are the best of the articles we published this week. We hope you enjoy them and prosper from them!


Finding Reversals Using Open, High, Low, Close Price Data
TradingMarkets

The stock market is the mother of all markets. Even Wall Street’s heavy-hitters know all too well the troubles that can brew when entering into a trading
position. TradingMarkets contributor Jayesh Patel highlights the importance of daily stock prices in identifying which stock to buy and when.

7 ETFs You Need to Know for MondayTradingMarkets

Emerging markets, basic materials and energy shares were on the rebound on Friday. Among them was the iShares Brazil Index fund, EWZ, up 5%.

TradingMarkets Daily PowerRatings Analysis

Nasdaq Trading Strategies for Swing Traders: IXYS, QSII, SKIL, SMTS, THFFTradingMarkets

Friday’s close left behind a market that is overbought after advancing for only two days. Find out what this means for the Nasdaq in general and high Short Term PowerRating Nasdaq stocks in specific.

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