Thursday Morning Coffee with TradingMarkets

Good Morning!

Dow Tops 10,000 … Financials Lead Stocks Higher … Overbought Conditions Continue to Define Most Markets … VIX Stretch Below 10-Day Nears 8% as Caution Enters Market Late in Session … Crude Oil, Silver Up (USO, SLV) … Gold Down (GLD) … Most Oversold ETFs for Today Include: BND, LQD, SHY

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • Search engine pioneer, Google
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    , has traders looking for an EPS of $4.68 for the third quarter after the close.

  • $2.38 is the expected EPS for Dow heavyweight International Business Machine‘s
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    third quarter after the bell.

  • During the trading session, Safeway
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    , reports its third quarter EPS with a forecast number of 30 cents.

  • Zip, nada, zilch or 0 is the hoped for third quarter EPS for Southwest Airlines
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    before the bell.

  • Cell phone handset maker, Nokia
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    , is expecting third quarter earnings of 18 cents/share prior to trading.

  • Monster bank, Goldman Sachs
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    , has analysts awaiting a third quarter EPS of $4.13 before the trading session.

  • Citigroup
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    may be announcing prior to the bell with an expected EPS loss of 23 cents for the third quarter.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Spectrum Pharmaceuticals SPPI 9
STEC Inc. STEC 8
THQ Inc. THQI 8
DISH Network Corporation 8
Assurant Inc. AIZ 8

View More Stocks

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TradingMarkets Making Great Traders


Pakistani Debt Markets are up 163% and Iraqi Debt is up 94% this Year! Are You?
TradingMarkets

Even though the world has gone from one extreme to another in the past 12 months, our game plan remains exactly the same. Learn how to quantify your strategies as we do and create consistent trading profits to grow your money.

TradingMarkets

All major indices remain above moving averages with earnings reactions starting off nicely. Gary Kaultbaum asks, will no warnings lead to better than expected numbers?

TradingMarkets

For many traders, a popular and profitable strategy is trading breakout patterns. But quite often these breakouts prove to be “fakeouts”. Walter Peters shows you how to use these false breakouts as a trading setup to make money.

TradingMarkets 7 ETFs You Need to Know for Today

Overbought Becomes More Overbought as Equity Index ETFs SoarTradingMarkets

The Dow hit 10,000 once again today making headlines and sending ETF markets across the board into further overbought territory above the 200-day moving average.

Click here to sign up for Larry Connors’ Trading Lesson of the Day.