Monday Morning Coffee with TradingMarkets
Good Morning! |
U.S. Stocks End Week Modestly Higher … Asian Stocks Advance As Japan Corporate Mood Sinks … White House Considers Large Auto Plan … Madoff Scandal Spreads to Europe … Earnings for the Week Include: Goldman Sachs, General Mills, FedEx, Oracle, Research in Motion …
TradingMarkets 7 Stocks You Need to Know for Monday |
Here are 7 stocks for traders for Monday from TradingMarkets.com:
- Despite the failure of the Senate to pass automaker assistance legislation, both General Motors
(
GM |
Quote |
Chart |
News |
PowerRating) and Ford Motor Company
(
F |
Quote |
Chart |
News |
PowerRating) rallied over the course of the trading day on the possibility that TARP funds might be used to help the struggling car manufacturers. - Technology stocks led the markets on Friday with semiconductor stocks like KLA-Tencor Corporation
(
KLAC |
Quote |
Chart |
News |
PowerRating) among the day’s better performers and up more than 6%. Meanwhile, former Intel
(
INTC |
Quote |
Chart |
News |
PowerRating) CEO Andrew Grove said in a Friday interview with the Wall Street Journal that Intel should begin developing batteries for plug-in electric cars to help diversify its operations. - Equitable Resources Inc.
(
EQT |
Quote |
Chart |
News |
PowerRating), an oil and natural gas company, will replace Transocean Inc.
(
RIG |
Quote |
Chart |
News |
PowerRating) in the S&P 500. RIG is changing its incorporation to Switzerland and as such can no longer remain in the S&P 500 Index. - Bank of America
(
BAC |
Quote |
Chart |
News |
PowerRating) announced that it would eliminate up to 35,000 jobs over the next three years as part of its acquisition of Merrill Lynch.
For a list of today’s highest PowerRating stocks, click here.
TradingMarkets 5 PowerRatings Stocks for Today |
Company
|
Symbol | PowerRatings |
USA Mobility Inc. | USMO | 8 |
Questcor Pharmaceuticals | QCOR | 8 |
TrustCo Bank Corp | TRST | 7 |
ProShares UltraShort Semiconductor ETF | SSG | 7 |
Cubist Pharmaceuticals Inc. | CBST | 6 |
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 |
Free Excerpt from Short Term Trading Strategies That Work
– TradingMarkets
In this special excerpt from their new book, Short Term Trading Strategies That Work, Larry Connors and Cesar Alvarez share a chapter devoted to a strategy that short term traders can put to work immediately.
How to Build a Winning Trading Plan – TradingMarkets
The starting point of effective trading is the Trading Plan. Professional analyst John Forman discusses the basics to building a successful trading strategy.
7 ETFs You Need to Know for Today – TradingMarkets
After a two-day pullback, technology ETFs were among those moving higher on Friday. Some of the more widely traded technology exchange-traded funds include the Semiconductor HOLDRS and the Technology Select Sector SPDRS.
TradingMarkets Daily PowerRatings Analysis |
Trend Lower, Stocks Higher? Three Pullbacks for Swing Traders – TradingMarkets
As markets move lower, the number of opportunities for stock traders grows. Here are three possibilities for the coming week.
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
Click here to sign up for the Morning Coffee with TradingMarkets newsletter.