Monday Morning Coffee with TradingMarkets
Good Morning! |
Stock End Lower on Friday, Though Off Worst Levels … GM To Seek Treasury Help in Chrysler Merger … Bank of Korea Slashes Interest Rate by 75 Basis Points … Yen Rallies on Unwinding Carry Trade, Growing Risk Aversion … IMF Loans More than $16 Billion to Ukraine
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:
- PNC Financial Services Group
(
PNC |
Quote |
Chart |
News |
PowerRating) has agreed to buy National City Corporation
(
NCC |
Quote |
Chart |
News |
PowerRating) at a discount of 19%. PNC will use funds from the Treasury bank recapitalization program to finance the acquisition. - Reporting earnings Monday after the market closes, Universal Health Services
(
UHS |
Quote |
Chart |
News |
PowerRating) is expected to announce EPS of 0.77. - Despite announcement of production cuts by OPEC, oil stocks such as Hess Corporation
(
HES |
Quote |
Chart |
News |
PowerRating) and Chevron
(
CVX |
Quote |
Chart |
News |
PowerRating) were on the retreat on Friday. - Anti-trust authorities in Russia have blocked Google‘s
(
GOOG |
Quote |
Chart |
News |
PowerRating) efforts to acquire the Internet advertising company ZAO Begun. - A profit-warning from Sony
(
SNE |
Quote |
Chart |
News |
PowerRating) helped send stocks lower across the board to start trading on the final trading day of the week.
For a list of today’s highest PowerRating stocks, click here.
TradingMarkets 5 PowerRatings Stocks for Today |
Company
|
Symbol | PowerRatings |
Thoratec Corporation. | THOR | 9 |
Eagle Test Systems Inc. | EGLT | 9 |
Barr Pharmaceuticals | BRL | 9 |
Alpharma Inc. | ALO | 9 |
Anheuser-Busch Companies | BUD | 8 |
View More Stocks |
TradingMarkets Making Great Traders |
How I Trade Forex: A Conversation with Kathy Lien – TradingMarkets
Check out our fascinating conversation with Forex trader and analyst Kathy Lien. Learn her straightforward analysis on the movement of currencies in soaring bull markets and crushing bear markets alike.
Dr. Greenspan and Mr. Bubbles – TradingMarkets
Even with the Dow up over 170 on Thursday in another wild trading day, stocks have melted back toward their recent lows in Friday’s early trade. Gary Kaltbaum breaks down Former Fed Chair Alan Greenspan’s congressional testimony, plus the markets’ latest swings.
Crowd Psychology Will Prove Wrong Again – TradingMarkets
The futures are down this morning as world markets sold off badly overnight and investors’ fears of a global recession continues. Kevin Haggerty explains why this is a catalyst for a possible bear market bottom.
TradingMarkets Daily PowerRatings Analysis |
The 200-Day Moving Average and the Most Important Rule in Swing Trading – TradingMarkets
Following this one rule may make the difference between your success or failure as a short term trader.
Click here to sign up for the Morning Coffee with TradingMarkets newsletter.