Thursday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Finish Lower … Asian Markets Retreat on U.S. Retail Sales Drop … Memo: Paulson Gave Banks “Offer They Couldn’t Refuse” … Retail Earnings Continue with WMT, URBN, JWN … Oversold ETFs for Today Include: EEM, EWM, EWS, JNK, PFF ….
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Scheduled to report quarterly earnings before the market opens on Thursday, Sony
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PowerRating) is expected to announce an EPS loss of 2.08. Trading above its 200-day moving average, shares of SNE plunged more than 3% on Wednesday. - Two retailers are also reporting earnings before the bell Thursday morning. Wal-Mart
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PowerRating) is expected to report per share earnings of 77 cents. 17 cents is per share is what analysts expect to hear from Urban Outfitters
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PowerRating). Both stocks are increasingly oversold below their respective 200-day moving averages. - Pharmaceutical stocks were among the few to move higher on Wednesday. Closing up for the the fifth consecutive trading day in a row below the 200-day moving average were shares of Pfizer
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PowerRating). - Among the companies reporting earnings after the close on Thursday, Blockbuster
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PowerRating) is expected to announce per share earnings of 0.14, while Kohls
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PowerRating) is expected to report EPS of 0.44. 0.25 is what analysts are expecting to hear from retailer Nordstrom
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PowerRating). While Kohls was off by more than 4% on the day, both Blockbuster and Nordstrom lost more than 7%.
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 |
| Wyndham Worldwide Corporation | WYN | 10 |
| JC Penny | JCP | 10 |
| Hot Topic Inc. | 10 | |
| The Gymboree Corporation | GYMB | 10 |
| Wet Seal Inc. | WTSLA | 9 |
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TradingMarkets Making Great Traders |
How to Trade ETFs: Looking Under the Hood of Leveraged ETFs – TradingMarkets
The fastest area of growth in the financial markets today is in ETFs, particularly leveraged ETFs. Larry Connors gives an introduction to help you further understand how and why leveraged ETFs work.
10 Attributes of a Great Trader – TradingMarkets
Good traders have a combination of attributes. Professional trader John Netto discusses ten attributes of a successful trader and describes how using this list as a template can lead to substantive improvements in your trading.
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
Profit-taking accelerated midweek as ETF traders and investors unloaded shares of materials and industrials ETFs. As such the ProShares UltraShort Basic Materials ETF climbed higher by more than 11% intraday.
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TradingMarkets Daily PowerRatings Analysis |
How To Find the Best Stocks to Trade Every Day – TradingMarkets
Larry Connors explains the main focus of PowerRatings, which remains the single most popular tool on TradingMarkets.com to help traders and investors in selecting the best stocks to trade every day.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.