Thursday Morning Coffee with TradingMarkets

Good Morning!

Overbought U.S. Stocks Sell Off … Asian Stocks Edge Lower on Falling Tech, Energy Shares … Indian Markets Roiled by Satyam Scandal … Microsoft and Verizon Forge Wireless Search Deal … Inverse ETFs Soar: QID, SDS, TWM Up 5+ % on Wednesday …

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TradingMarkets 7 Stocks You Need to Know for Thursday

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

  • Intel
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    warned that fourth quarter revenues will be lower than analysts are expecting. The negative news from Intel helped drag the entire technology sector lower on Wednesday.

  • Bed Bath and Beyond
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    reported EPS of 34 cents after the close on Wednesday beating analyst estimates by a penny.

  • Sales of seeds and weed-killer helped boost the bottom line at Monsanto
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    , which beat analyst earnings expectations Wednesday morning with first quarter profits that were more than double those from the same quarter last year.

  • A $25 billion writedown means that Time Warner
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    will likely report its first annual loss in six years.

  • General Motors
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    and Coca Cola
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    were the only two Dow stocks to move higher on Wednesday.

  • Money flows into consumer durable stocks helped boost shares of grocery chains like Supervalu
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    by more than 8%. Supervalu was highlighted as one of our TradingMarkets 7 Stocks You Need to Know for Wednesday.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
UCBH Holdings Inc. UCBH 8
Shanda Interactive Entertainment SNDA 8
Metabolix Inc. MBLX 8
HCC Insurance Holdings HCC 8
Central Vermont Public Services CV 8

View More Stocks

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TradingMarkets Making Great Traders


Find Tradable Patterns in Bear Markets
TradingMarkets

Knowing how to accurately read stock charts is a key step toward making consistent profits as a trader.

How to Identify Targets for Your TradesTradingMarkets

It’s not uncommon to hear traders talk about risk/reward ratios in their trading. Coming up with the risk side of the ratio is generally the easy bit, the other side of the

equation is a bit harder.

TradingMarkets

Energy stocks, which had led the markets higher in recent days, reversed to the downside on Wednesday. Thursday’s 7 ETFs includes the Energy Select Sector

SPDRS ETF.

TradingMarkets Daily PowerRatings Analysis


PowerRatings and the Post Sell-Off Trade
TradingMarkets

Now that stocks have moved lower, it’s bargain hunting season for mean reversion traders who buy low and sell high.

Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!

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