Thursday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Sharply Lower On Wednesday … Asian Stocks Lower … Apple CEO Jobs to Take Medical Leave Through June … Bank of America Seeks Public Funds to Ease Merrill Lynch Acquisition … Wednesday’s Top Stocks Include: MHS, AGN, ZGEN, YHOO, FSYS
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Citigroup
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PowerRating) plunged on Wednesday, as skeptics doubted that the company’s plan to sell off parts of itself such as its Smith Barney brokerage unit will help raise much-needed capital. - Also putting a wet blanket on financial stocks was word from Deutsche Bank AG
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PowerRating) that it would likely report fourth quarter losses of approximately 4.8 billion euros. Losses for the year were expected to be just short of EUR 4 billion. - JP Morgan Chase
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PowerRating) reports quarterly earnings Thursday before the market opens. Analysts are expecting an earnings per share loss of one cent. - Nortel Networks
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PowerRating) filed for bankruptcy protection in the United States and Canada on Wednesday. Falling demand for the company’s telecommunications hardware was blamed for the company’s financial problems. - Disappointing retails sales encouraged sellers to send shares of Target
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PowerRating) lower for the sixth consecutive trading session. - Intel
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PowerRating) is expected to announce EPS of four cents when it reports quarterly earnings Thursday after the close. - Also reporting quarterly earnings Thursday after the bell is Genentech
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PowerRating). Analysts are expecting EPS of 0.96.
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 |
| Petmed Express Inc. | PETS | 9 |
| Continental Airlines Inc. | CAL | 9 |
| UltraLife Corporation | ULBI | 8 |
| Skywest Inc. | SKYW | 8 |
| Royal Gold Inc. | RGLD | 8 |
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TradingMarkets Making Great Traders |
How to Successfully Trade the Russell 2000 E-mini Futures, Part 2 – TradingMarkets
TradingMarkets contributor Austin Passamonte continues his analyst of the E-mini Russell 2000 futures, as well as, answers some questions on volume and open interest.
How Forex and Stock Trading Differ – TradingMarkets
Professional investor and trader John Taxiarchos discusses the key differences between the stock and forex markets to help you feel confident in your trading decisions.
Oversold conditions in a number of sectors led only to further oversold conditions on Wednesday as poor retail sales and worries about the banking industry encouraged heavy selling.
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TradingMarkets Daily PowerRatings Analysis |
Trading the Big Pullbacks – TradingMarkets
The bigger the stretch, the greater the potential reward when stocks and ETFs return from overbought and oversold extremes.
Larry Connors Joins The Money Blogs! Click here to get a look at Larry Connors’ new blog featuring Larry Connors’ Trading Lesson of the Day for short term stock, ETF and options traders!
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