Monday Morning Coffee with TradingMarkets
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Good Morning! |
Stocks in Asia Rally on G7 Optimism … U.K. Takes Stake in Four Major Banks … Europeans Back Banks Refinancing … GM, Chrysler Merger Considered … Earnings This Week: INTC, JPM, WFC, C, EBAY, GOOG
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:
- Concerns over the weakening economy led Macy’s
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PowerRating) to warn that annual profits might be lower than previously forecast. At its lowest on Friday, the stock was off by more than 9%. - Among those financial stocks rebounding on Friday were shares of Wachovia
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PowerRating), up more than 34%. - Johnson & Johnson [JNJ] reports earnings Tuesday morning before the bell. Analysts are expecting EPS of 1.12.
- Traders worried that Morgan Stanley
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PowerRating) might face a cut in its credit rating by Moody’s sent shares of the stock lower by more than 20%. - Reporting earnings before the market opens on Tuesday, PepsiCo
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PowerRating) is expected to announce EPS of 1.08. - Falling oil prices led to lower prices for major oil service company like Exxon-Mobil
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PowerRating), which lost more than 8% on Friday. - Capital One Financial
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PowerRating) announced on Friday that it would no longer provide inventory financing to automobile dealers in New York and New Jersey.
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 |
| Philadelphia Consolidated Holdings | PHLY | 9 |
| Jos. A Bank Clothiers | JOSB | 9 |
| Life Partners Holdings | LPHI | 9 |
| Foundry Networks Inc. | FDRY | 9 |
| Fording Canadian Coal Trust | FDG | 9 |
| View More Stocks |
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TradingMarkets Daily PowerRatings Analysis |
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Learn how swing traders can make the most of market volatility with these few basic steps to reduce risk.
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