Thursday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stock Finish Mixed: Apple, eBay and Yum! Beat Earnings Estimates … Wachovia Buy Proves Boon for Wells Fargo … GM to Idle Plant During Summer … Freddie Mac CFO Found Dead, Suicide Suspected … Most Overbought ETFs for Today Include: XLI, IYT, SMH, XHB, SLV ….

Click here to pre-order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading!

TradingMarkets 7 Stocks You Need to Know for Today

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

  • Apple
    (
    AAPL |
    Quote |
    Chart |
    News |
    PowerRating)
    announced quarterly earnings of 1.33 Wednesday after the market closed, beating analyst estimates by more than 20 cents per share.

  • Also reporting earnings after the bell on Wednesday were eBay
    (
    EBAY |
    Quote |
    Chart |
    News |
    PowerRating)
    and Yum! Brands
    (
    YUM |
    Quote |
    Chart |
    News |
    PowerRating)
    . eBay announced EPS of 39 cents. Yum Brands reported quarterly earnings per share of 48 cents. Both companies beat analyst estimates.

  • Among the companies reporting earnings Thursday morning before the market opens are ConocoPhillips
    (
    COP |
    Quote |
    Chart |
    News |
    PowerRating)
    , Chicago Mercantile Exchange
    (
    CME |
    Quote |
    Chart |
    News |
    PowerRating)
    and United Parcel Service
    (
    UPS |
    Quote |
    Chart |
    News |
    PowerRating)
    . ConocoPhillips is expected to report EPS of 0.47. CME is expected to report per share earnings of 3.27. And analysts are expecting to hear earnings per share of 0.57.

  • Being added to Goldman Sachs’ buy list based on likely gains in market share was good news for Ford Motor Company
    (
    F |
    Quote |
    Chart |
    News |
    PowerRating)
    , which gained more than 13% on Wednesday.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Pegasystems Inc. PEGA 9
Southern Copper Corporation PCU 8
Macrovision Solutions Corp. 8
Cree Inc. CREE 8
AutoNation Inc. AN 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!

TradingMarkets Making Great Traders


Leveraged ETFs and Risk
TradingMarkets

Are the risks of trading leverage ETFs worth the returns? Larry Connors takes a look at leveraged ETFs and addresses the right plays that have been incredibly profitable.

How To Survive A Volatility CrushTradingMarkets

Covered call strategies are a favorite with options sellers. But in a volatility crush, this normally successful strategy can cause traders and investors to suffer losses for months in a row. Tristan Yates shares his tips on how to survive a volatility crush.

TradingMarkets 7 ETFs You Need to Know for TodayTradingMarkets

Industrial and basic materials ETFs moved higher on Wednesday, while financial funds tended toward breakeven. The iShares Dow Jones U.S. Industrial Index ETF was up more than 3% intraday and the ProShares Ultra Basic Materials ETF was up by more than 7%.

TradingMarkets Daily PowerRatings Analysis


PowerRatings Does It Again – Results for 2008
TradingMarkets

The test results for PowerRatings for 2008 are in and again the top rated PowerRatings stocks outperformed the average stock over a 5-day period.

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