Monday Morning Coffee with TradingMarkets
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Good Morning! |
Obama Taps NY Fed’s Geithner for Treasury … Dow Surges by More than 400 Points to End Week … Loss Limit Deal Rumored Between Citigroup, Regulators … Homebuilders Turn to Congress for Aid … Campbell Soup, Valspar, Analog Devices Report Earnings Today
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 Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- An analyst with Oppenheimer & Company upgraded shares of Microsoft
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PowerRating) from “perform” to “overperform” on Friday and set a price target of $22. - Wal-Mart
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PowerRating) announced that chief executive officer, Lee Scott, was retiring. He will be replaced by Mike Duke, who heads Wal-Mart’s overseas operations. - Campbell Soup
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PowerRating) reports quarterly earnings on Monday before the market opens. Analysts are expecting EPS of 76 cents. - A surprising earnings beat and a Citigroup upgrade from “hold” to “buy” helped send shares of retailer Gap Inc.
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PowerRating) higher on Friday. - With gold moving to a one-month high on Friday, money flowed into gold stocks such as AngloGold Ashanti Ltd.
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PowerRating) which soared by more than 30%. - Also higher on Friday was basic materials company Alcoa
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PowerRating), gaining more than 20% as one of the leading stocks in the Dow on the day. - Amid rumors that the company might consider selling parts of its business – or even look to sell itself entirely – Citigroup
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PowerRating) shares slid below $4 on Friday.
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 |
| Almost Family Inc. | AFAM | 8 |
| 99 Cents Only Stores | NDN | 8 |
| Rohm & Haas Inc. | ROH | 8 |
| Hanger Orthopedic Group | HGR | 8 |
| Thoratec Corporation | THOR | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Winning Big by Betting Small: Talking Trading with Larry Williams, Part 1 – TradingMarkets
Check out part one of our fascinating conversation with Larry Williams, author and veteran trader, as he talks about how the markets have changed over the years and what tools and tactics are most appropriate for this new era of volatility and risk.
How to Trade Diamond Top Reversals
– TradingMarkets
Doesn’t matter what market, symbol or chart setting involved: diamond patterns appear regularly and predictably. TradingMarkets contributor Austin Passamonte discusses how traders can spot this simple pattern formation on time frame charts.
7 ETFs You Need to Know for Today – TradingMarkets
After more than a month of lackluster, sideways trading, the SPDRS Gold Trust exchange-traded fund, soared by more than 7% late in trading on Friday.
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TradingMarkets Daily PowerRatings Analysis |
The Beginning of the Bounce? Tips for Swing Traders – TradingMarkets
Traders cheered the Friday rally. But will Monday bring follow-through to the upside, or more selling?
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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