Thursday Morning Coffee with TradingMarkets

  • August 21, 2008
  • David Penn

Good Morning!

eBay Goes Amazon on Pricing … Boeing Investors Anxious as Union Talks Begin … Dovish BoE Sends GBP/USD Lower … The Fall of Fannie and Freddie … Lehman’s Failed 50% Solution

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TradingMarkets 7 Stocks You Need to Know for Today

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

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Molina Healthcare Inc. MOH 9
Overhill Farms Inc. OFI 9
RC2 Corporation RCRC 9
Sybase Inc. SY 9
Viasat Inc. VSAT 9

View More Stocks

TradingMarkets Making Great Traders

Haggerty Back on Thursday! – TradingMarkets

Come join Kevin Haggerty, professional traders and former head of the Fidelity Capital Markets trading desk, as he breaks down the current market and shows where traders can find opportunity amidst the volatility. You can catch Kevin live at TradingMarkets at 12:30 p.m. Eastern today by clicking here to reserve your spot now.

NZD/USD Staging a Legitimate Reversal – TradingMarkets

Of late, the ichimoku analysis is an increasingly talked-about subject among investors, especially in the forex market. Trading Markets contributor, Chris Capre uses this classic function to characterize the USD market trend.

7 ETFs You Need to Know for Today – TradingMarkets

Asian and emerging markets rebounded on Wednesday after falling to exceptionally oversold levels over the past few days. Thursday’s 7 ETFs includes the Oil Service HOLDRS, OIH, which was up more than 3% by Wednesday’s close.

TradingMarkets 5 Business Stories You Need to Know

eBay’s Amazonification – BusinessWeek

eBay’s decision to dramatically lower the fees it charges sellers in its fixed price, “Buy it Now” marketplace puts the online auction website increasingly into competition with online retail giant, Amazon.com.

eBay is the Featured Stock in our Up or Down Stock Contest. You have until 4 p.m. EST today to tell us whether you think eBay will be Up or Down on Friday. Click here to play our TradingMarkets Up or Down Stock Contest for your chance to win $1,000 a month by correctly guessing the direction of a stock!

Boeing, Union Talk Contracts – Wall Street Journal

Health care, pensions and job security are at the top of the agenda for the round-the-clock negotiations between Boeing and the International Association of Machinists and Aerospace Workers.

BoE Rate Cuts Cost GDP/USD – Financial Times

Talk of rate cuts from the Bank of England later in 2008 encouraged traders to sell the pound against the U.S. dollar on Wednesday.

Fannie, Freddie Keep Fading – MarketWatch

Another day, another round of selling in the government backed mortgage business as both Fannie Mae and Freddie Mac moved lower again on Wednesday.

Lehman’s Secret Sale – Financial Times

The shot that wasn’t heard around the world was the deal Lehman Brothers tried to strike with Asian investors that would have involved selling 50% of the investment banks shares. The deal allegedly fell through in early August.

For more stories as they happen, go to our Breaking News section.

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