Thursday Morning Coffee with TradingMarkets

Good Morning!

U.S. Markets Retreat, Finish Off Session Lows … Energies, Basic Materials Lead Pullback … Top Stocks PowerRatings Stocks for Thursday Include: NTRI, CECO, JASO … VIX Reverses, Climbs Toward 10-Day Moving Average on Sell-Off … Top ETF PowerRatings Funds for Today Include: EWZ, XME, ILF …

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • Wall Street giant, ^GS^, reports before the bell with a dramatic EPS forecast of $5.18.
  • 78 cents/share is the projected number for ^PNC^ prior to the open.

  • ^GOOG^ announces after the close on Thursday with a consensus estimate of a stunning $5.65/share.
  • A loss of 17 cents/share is projected for ^AMD^ after the closing bell on Thursday.
  • After the close on Thursday evening, ^AXP^ reports with an expected EPS of 56 cents.
  • ^LM^ has its eyes on a before the open EPS of 31 cents.
  • ^PPG^ has forecast an EPS of 71 cents prior to trading on Thursday morning.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Medifast Inc. MED 10
NutriSystem Inc. NTRI 10
Trina Solar Ltd. TSL 9
AK Steel Holding Corporation AKS 9
Abercrombie & Fitch Co. ANF 9
View More Stocks

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Stock PowerRatings. The highest rated 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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Connors: Adding to ETF Positions: Intraday or at the Close?
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Read Kevin Haggerty’s bi-weekly stock market commentary and learn how to trade like one of the great minds of our day. Today he analyzes the market’s movement and volatility as companies approach earnings season. How should traders act and react to this year’s announcements? Find out here.

TradingMarkets 7 ETFs You Need to Know for Today

Energy, Materials Lead Markets Lower as Sellers Send Indexes LowerTradingMarkets

The aggressive selling at midweek created the deepest pullbacks in sectors like energy and basic materials. The ProShares Ultra Oil & Gas ETF, DIG and the Basic Materials Select Sector SPDRS ETF, XLB both moved lower into oversold territory above the 200-day moving average.

Click here to order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading!