Thursday Morning Coffee with TradingMarkets
| Good Morning! |
Wells Fargo’s Impressive Q2 … Nobody Does it Better than Southwest Air … Higher Fed Funds Rate? Riiight … Shanghai Stocks Go from
Best to Worst in Under a Year … Microsoft on Rebound Mulls Deal with AOL
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 5 Business Stories You Need to Know |
Wells Fargo Beats, Raises Dividend – BusinessWeek
In an economy in which financial companies seem in an almost constant state of collapse, Wells Fargo’s ability to pull off both an earnings beat and
a 10% dividend increase thrilled traders and investors on Wednesday.
Wells Fargo is the Featured Stock in our TradingMarkets Up or Down Stock Contest. You have until 4 p.m. today to tell us whether Wells Fargo will be Up or Down on Friday. Click here to register for free for your chance to win $1,000 by correctly guessing the direction of a stock!
Southwest: Smartest Carrier in the Sky – Portfolio.com
It’s no secret that Southwest is one of the few success stories in the airline business. Here’s why.
About Those Fed Rate Hikes … – DailyFX
DailyFX currency analyst, John Kicklighter, weighs the odds on whether or not the Federal Reserve will be able to raise the Fed funds rate as part
of any strategy to combat inflation.
In less than a year, the Shanghai Composite went from being a star in 2007 to a cellar-dweller in 2008.
Microsoft Turns Toward AOL – Wall Street Journal
Once spurned, Microsoft forges ahead with plans to expand its online presence in working towards a potential deal with America Online.
For more stories as they happen, go to our Breaking News section.
| TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
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Soaring higher by more than 12% on Wednesday, shares of Altera Corporation
(
ALTR |
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PowerRating) responded positively to the company’s second
quarter earnings, which beat analyst’s estimates by five cents. - Announcing earnings Thursday before the market opens, Coca Cola
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KO |
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PowerRating) is expected to report EPS of $0.96. The stock was up 1% on the
day. - Declining advertising sales were among the factors cited by Gannett Company
(
GCI |
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PowerRating) for its fall-off in quarterly profits. The stock was lower
by 4% on Wednesday. - Nucor
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PowerRating) reports earnings Thursday before the bell, with analysts expecting earnings per share of $1.80. Shares were higher by 5% in
advance of the earnings report. - St. Jude Medical Corporation
(
STJ |
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PowerRating) closed up by more than 7% on Wednesday, beating earnings estimates as it reported a near 50%
increase in profits. - Analysts are expecting earnings per share of $0.32 when TD Ameritrade
(
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PowerRating) reports Thursday morning before the market opens.
AMTD closed higher by more than 11% on Wednesday. - Wells Fargo
(
WFC |
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PowerRating) surprised analysts Wednesday by beating earnings estimates by three cents and announcing a dividend increase. The
stock ended the day higher by more than 32%.
For a list of today’s highest PowerRating stocks, click here.
| TradingMarkets 5 PowerRatings Stocks for Today |
|
Company
|
Symbol | PowerRatings |
| Digimarc Corporation | DMRC | 10 |
| Himax Technologies Inc. | HIMX | 9 |
| Bruker Corporation. | BRKR | 9 |
| Stec Inc. | STEC | 8 |
| Ram Energy Resources Inc. | RAME | 8 |
| View More Stocks |
| TradingMarkets Making Great Traders |
Kevin Haggerty Explains It All – TradingMarkets
Come join Kevin Haggerty, professional trader and former head of the Fidelity Capital Markets trading desk, as he breaks down the current
market and shows where traders can find opportunity amid the volatility. You can catch Kevin live at TradingMarkets at 12:30 p.m. EST today by
clicking here to reserve your spot now.
Unleash the Power of Patterns – TradingMarkets
Author and Barron’s columnist Michael Kahn provides this primer on how to use charts to help you make better decisions as a trader and investor.
Part 1 of 2.
A Strategy for Trading and Investing with Less Stress – TradingMarkets
TradingMarkets Select Contributor A.J. Monte shows you how to keep emotions from clouding your judgment when it comes to buying and selling
in the stock market.
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