Thursday Morning Coffee with TradingMarkets

Good Morning!

Visa, Cisco Beat Earnings Expectations After the Bell on Wednesday … Asian Stocks Advance On China Stimulus … Bank of England, ECB Rate Decisions Due Today … Earnings On Deck for Today Include: K, MA, DUK, CI, JDSU

Find out what traders are saying about the new book by Larry Connors’ and Cesar Alvarez’, Short Term Trading Strategies That Work: A Quantified Guide to Trading Stocks and ETFs!

TradingMarkets 7 Stocks You Need to Know for Today

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

  • Cisco Systems
    (
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    beat analyst expectations by two cents in its second quarter earnings report announced Wednesday after the market closed.

  • Also beating analyst expectations after the bell on Wednesday was Visa
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    , which beat estimates by 12 cents. The stock was up more than 4% immediately after the positive earnings news.

  • Announcing quarterly earnings Thursday before the market opens, Kellogg
    (
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    is expected to report 0.50 per share.

  • Analysts are expecting earnings per share of 1.62 when Mastercard
    (
    MA |
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    PowerRating)
    announces its quarterly earnings Thursday morning.

  • 26 cents is what analysts are looking to hear from Duke Energy
    (
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    when it reports quarterly earnings Thursday before the bell.

  • JDS Uniphase
    (
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    also reports quarterly earnings after the bell on Thursday. Analysts are expecting EPS of 10 cents.

  • CIGNA
    (
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    is expected to report quarterly earnings of 41 cents when it announces on Thursday before the market opens.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
United Financial Bancorp UBNK 9
Epiq Systems Inc. EPIQ 8
Thoratec Corporation THOR 8
Royal Gold Inc. RGLD 8
Wausau Paper Corporation WPP 8

View More Stocks

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TradingMarkets Making Great Traders


How to Trade Special Situations
TradingMarkets

In today’s Trading Lesson Larry Connors provides some strategies for trading in Special Situations, those particular circumstances that occurs outside the realms of your day to day approach to trading.

How I Use the ARMS Index to Identify Major Tops and BottomsTradingMarkets

The Arms Index is primarily a short-term trading tool, showing whether volume is flowing into advancing or declining stocks. TradingMarkets contributor Tim Ord takes a look at the ARMS index and examines what happens when a closing ARMS index is of 9.00 or higher.

TradingMarkets

Advancing for a third consecutive session was the Materials Select Sector SPDRS ETF. Conversely, the ProShares UltraShort Basic Materials ETF, was on the retreat, pulling back by as much as 7% late in the day.

TradingMarkets Daily PowerRatings Analysis


When High PowerRatings Stocks Go Bad: Tips for Traders
TradingMarkets

What should traders do when their quality pullbacks keep pulling back? Here’s a tip for trading high Short Term PowerRatings stocks as they slip below the 200-day moving average.

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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