Thursday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Auto Sales Continue to Weaken … Beige Book Admits to Slow Growth in Most Regions … Technology Stocks Lead Markets Lower … Crude Oil Retreats Again … HSBC, Chinese Bank Among Rumored Investors in Lehman Brothers
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 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- A new line of iPods are among the announcements rumored to be forthcoming from Apple‘s
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PowerRating) “Let’s Rock” media event in San Francisco next week. - Coca Cola
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PowerRating) announced a $2.4 billion dollar deal to acquire the #1 juice maker in China, Huiyan Juice. - Toll Brothers
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PowerRating) reports earnings Thursday morning before the bell. Analysts are expecting a loss of 0.36 per share. - Regulatory approval to resume providing municipal bond insurance encouraged traders to bid shares of Ambac Financial Group Inc.
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PowerRating) higher by more than 20%. - Up big for the second day in a row, Home Depot
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PowerRating) gained more than 4% on Wednesday. - But the biggest gainer in the Dow industrials was General Motors
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PowerRating), which was up more than 5%. - Take-Two Interactive
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PowerRating) reports earnings Thursday after the market closes. Analysts are expecting EPS of $0.54.
For a list of today’s highest PowerRating stocks, click here.
| TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| Unit Corporation | UNT | 8 |
| Willbros Group Inc. | WG | 8 |
| Tetra Technologies Inc. | TTI | 8 |
| Sociedada Quimica de Chile | SQM | 8 |
| Vignette Corporation | VIGN | 8 |
| View More Stocks |
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Technology-based ETFs are retracing from their overbought conditions last week, falling over 2% on the day.
| TradingMarkets Daily PowerRatings Analysis |
Nasdaq Trading Strategies for Swing Traders – TradingMarkets
With blue chip stocks neither very oversold nor very overbought, the bigger pullbacks for swing traders are increasingly to be found in the Nasdaq.
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