Thursday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Finish Wednesday Lower … Consumer Staples, Discretionary Among Sectors on Retreat … Hedge Fund Pequot Capital To Close Amid Insider Trading Inquiry … Most Oversold ETFs for Today Include: MOO, AGG, EWY, LQD, TIP ….
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- The inability to resolve concerns by bondholders has turned traders and investors negative on General Motors
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PowerRating) and makes bankruptcy almost inevitable. Shares of the stock were down more than 11% intraday on Wednesday. - Among the companies reporting quarterly earnings Thursday before the market opens are Big Lots
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PowerRating) and H.J. Heinz
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PowerRating). Analysts are expecting per share earnings of 40 cents from Big Lots, and EPS of 54 cents from Heinz.BIG pulled back above its 200-day moving average on Wednesday in advance of its earnings report. By contrast, shares of H.J. Heinz are increasingly overbought below their 200-day moving average.
- Thursday’s biggest earnings news may be made by Dell
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PowerRating), which reports quarterly earnings after the bell. Per share earnings of 23 cents is what analysts are expecting from the PC maker. Dell shares are also becoming more and more overbought below the 200-day moving average. - Bank of America
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PowerRating) announced that it had raised a total of $26 billion by converting preferred shares into common stock. The effort leaves Bank of America more than 75% of the way toward meeting its government-mandated capital requirements. Neither oversold nor overbought below its 200-day moving average, shares of BAC have traded in a $1 range for the past several days. - Yahoo
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PowerRating) CEO Carol Bartz suggested on Wednesday that a deal with Microsoft
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PowerRating) would be possible with the right technology, information sharing and ‘boatloads of money.” Shares of Yahoo were pulling back above their 200-day moving average on Wednesday while Microsoft continued to trade largely sideways in neutral territory below its 200-day.
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 |
| Prudential Financial | PRU | 9 |
| Ivanhoe Mines Ltd. | IVN | 8 |
| Whole Foods Markets Inc.. | 8 | |
| Silver Standard Resource | SSRI | 8 |
| Korea Electric Power Corp. ADRs | KEP | 8 |
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TradingMarkets Making Great Traders |
Adding to ETF Positions: Intraday or at the Close? – TradingMarkets
Larry Connors addresses a question from a Daily Battle Plan subscriber who asked: what is the best way to add to an ETF position?
Richard Miller merges his fundamental approach with TradingMarkets’ PowerRatings to help fully reap the benefits of each trade.
TradingMarkets 7 ETFs You Need to Know for Wednesday – TradingMarkets
Looking for ETFs that aren’t too small, aren’t too big, but are just right? Both the SPDRS Midcap ETF and the iShares S&P MidCap 400 Index ETF are popular midcap ETFs for both ETF traders and investors.
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TradingMarkets Daily PowerRatings Analysis |
5 PowerRatings Stocks for the Next 5 Days – TradingMarkets
Looking for stocks that are likely to outperform the average stock over the next few days? Our 5 PowerRatings Stocks for the Next 5 Days column is a great place to start!
Click here to sign up for Larry Connors’ Trading Lesson of the Day.