Thursday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Continue Advance as Financials Soar … Asian Stocks Higher … Fed Keeps Rate in Zero to Quarter Point Target Range … Stimulus Package Passes House, Heads to Senate … Earnings on Deck for Today Include: LLY, F, JBLU, KLAC, AMZN …
Do markets do better at different times of the month? Is there a better time to buy? 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!
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Eli Lilly & Company
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PowerRating) reports quarterly earnings Thursday morning, with analysts expecting EPS of 1.05. - Reporting quarterly earnings Wednesday after the market closed was Starbucks
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PowerRating), which announced EPS of 15 cents, missing estimates by two cents. The company also announced that it would cut nearly 7,000 jobs and close 300 stores. - Analysts are expecting Ford Motor Company
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PowerRating) to report a quarterly earnings loss of 1.25 Thursday morning. - Financial stocks soared on Wednesday, with a number of top stocks entering overbought territory below the 200-day moving average. Among these stocks is Morgan Stanley
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PowerRating), which gained more than 17% on the day. - Sony
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PowerRating) is expected to report earnings per share of 58 cents when the company reports Thursday before the market opens. - Boeing
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PowerRating) announced that it would eliminate 10,000 jobs and lowered its profit outlook for 2009. - EPS of 40 cents is what analysts are expecting to hear from Amazon.com‘s
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PowerRating) quarterly earnings announcement Thursday after the market closes.
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 |
| Emergent Biosolutions Inc. | EBS | 9 |
| ProShares UltraShort Russell 2000 ETF | TWM | 8 |
| ProShares UltraShort S&P 500 ETF | SDS | 8 |
| Rydex 2x Inverse S&P 500 ETF | RSW | 8 |
| DeVry Inc. | DV | 8 |
| View More Stocks |
If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term 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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TradingMarkets Making Great Traders |
Styles and Strategies for Scaling-In Trading – TradingMarkets
Previously, Larry Connors discussed scaling into a positions. In this in-depth follow-up, the author of Short Term Trading Strategies That Work looks at what size the position should be when scaling-in.
10 Attributes of a Good Trader – TradingMarkets
Good traders have a combination of attributes. Professional trader John Netto discusses ten attributes of a successful trader and describes how using this list as a template can lead to substantive improvements to your trading.
Financial stocks were the clear leaders on Wednesday, driving exchange-traded funds linked to financial stocks deeper into overbought territory below the 200-day moving average. Among these ETFs is the iShares Dow Jones U.S. Financial Services ETF.
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings and the Sell-Off in Short ETFs – TradingMarkets
As stocks move higher, opportunities in bond ETFs fade and new possibilities for trades in short/inverse ETFs emerge.
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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