Thursday Morning Coffee with TradingMarkets
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Good Morning! |
Central Banks in U.S., Europe and U.K. Cut Cash Rates … Stocks Fall, Rally, Fall Again on Wednesday … Report: Almost 1 in 6 Homeowners “Under Water” … Feds Lend AIG More than $37 Billion … September Same Stores Sales Weak for Retailers
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 7 Stocks You Need to Know for Thursday |
Here are 7 stocks for traders for Thursday from TradingMarkets.com:
- Disappointing same store sales for September will likely mean lower third quarter profits for retailers J.C. Penny
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PowerRating) and Kohl’s
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PowerRating). - Continued weakness in the aluminum market led to another day of declines for Alcoa
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PowerRating), which was down more than 10% on Wednesday, though significantly off its intraday lows. - Citigroup
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C |
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PowerRating) downgraded both Ford Motor Company
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PowerRating) and General Motors
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PowerRating) from “hold” to “sell”, citing the global credit crunch. - A fourth day of rising gold prices helped send shares of Barrick Gold Corporation
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PowerRating) higher by more than 15% on Wednesday.
For a list of today’s highest PowerRatings stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| Barr Pharmaceuticals Inc. | BRL | 10 |
| United Natural Foods Inc. | UNFI | 9 |
| Thoratec Corporation | THOR | 9 |
| Captaris Inc. | CAPA | 9 |
| Coherent Inc. | COHR | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
How’s That Bailout Bill Working? – TradingMarkets
The federal government pushed for a bailout that is so far failing to restore investor confidence, causing a 17-25% drop in all major U.S. exchanges. Is their new solution going to fix things? TradingMarkets contributor and Fox Business guest analyst Gary Kaltbaum weighs in.
Understanding the Overnight Index Swaps – TradingMarkets
Overnight Index Swaps is probably not a term that comes up in a lot of conversations about the financial markets. However, it is an important concept. TradingMarkets contributor S. Wade Hansen discusses the role OIS play in the markets.
7 ETFs You Need to Know for Today – TradingMarkets
U.S. stock indexes rebounded on Wednesday, after multiple wild swings and an emergency rate cut by the Feds and other central banks. Thursday’s ETFs includes the ProShares Ultra QQQ exchange traded fund, QLD, up more than 7%.
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TradingMarkets Daily PowerRatings Analysis |
Stock Market Shake ‘n’ Bake: 5 Top Stocks for Swing Traders – TradingMarkets
The last time we saw this many top rated PowerRatings stocks was back in July – right before the markets went on a 30-day rally. Can the markets do it again in October?
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