Thursday Morning Coffee with TradingMarkets
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Good Morning! |
Washington Mutual, Lehman Lead Financials Lower … New Zealand Cuts Its Rate to 7.5%, Brazil Raises to 13.75% … $35 Billion Tanker Deal Pending Until January … General Motors Gains More than 6% … ImClone Says “Too Low” to Bristol Bid
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:
- The Pentagon has announced that it will be unable to award a $35 billion dollar tanker contract before January. Both Boeing
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PowerRating) and Northrop Grumman
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PowerRating) are competing for the contract initially awarded to Northrop Grumman. - A narrowed range for revenues and earnings did not affect the in-line guidance provided by Texas Instruments
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PowerRating), which encouraged traders to bid
shares of the stock higher at the open, though the stock closed lower on the day. - Shares of Lehman Brothers Holdings
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PowerRating) fell on Wednesday by another near 7%, making its year-to-date decline just shy of 90%. - Campbell Soup {CPB|CPB] reports earnings Thursday morning before the market opens. Analysts are expecting EPS of $0.25.
- ImClone Systems
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PowerRating) rejected a bid from Bristol Meyers Squibb
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PowerRating), saying the company was worth more and that a potential bidder that remained unnamed was willing to pay $70 per share compared to Bristol Meyers $60 per share.
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 |
| Sapient Corporation | SAPE | 9 |
| Ultratech Inc. | UTEK | 8 |
| SAP Ag | SAP | 8 |
| Netscout Systems Inc. | NTCT | 8 |
| Cabot Microelectronics Corporation | CCMP | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
The Art of Trading: Art Collins Joins TradingMarkets 2008! – TradingMarkets
Developer and trader of mechanical systems and featured speaker at TradingMarkets 2008, Art Collins, talks about the systems and practices that have brought him trading success.
How I Use the Past to Predict Market Direction – TradingMarkets
Astute trades pay extraordinary attention to fractals in stock market data. TradingMarkets contributor Kurt Eckhardt takes a look to the past to compare
analogous market action to the present.
7 ETFs You Need to Know for Thursday – TradingMarkets
Exchange Traded Funds from the metals and gold sector were among the biggest movers today, including the Gold Shares SPDRs, GLD, which were down more than 2%.
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TradingMarkets Daily PowerRatings Analysis |
Patience, Agility and PowerRatings: 5 Stocks for Swing Traders – TradingMarkets
Whether markets are trending or moving sideways, buying the oversold and selling the overbought remains a sound strategy for swing traders.
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