Thursday Morning Coffee with TradingMarkets

  • September 24, 2009
  • David Penn

Good Morning!

Selling Hits Stocks Late as S&P 500 Loses 1%, Dow Off 80 … SPY, DIA Enter Oversold Territory Above 200-Day … VIX Snaps Back To 10-Day as Anxiety Creeps Back into Market … Oil Prices Plunge as USO Drops 5% … Most Oversold ETFs for Today Include: XHB, XLV, IWS, EWT, XRT …

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • Ski resort operator, Vail Resorts
    (
    MTN |
    Quote |
    Chart |
    News |
    PowerRating)    , is hoping the downhill negative EPS of $1.10 for the fiscal fourth quarter isn’t any worse, prior to trading on

    Thursday.

  • 2 cents/share is the forecast first quarter 2010 earnings for 3Com Corp
    (
    COMS |
    Quote |
    Chart |
    News |
    PowerRating)    , announcing on Thursday before the bell.

  • American Greetings
    (
    AM |
    Quote |
    Chart |
    News |
    PowerRating)     has its eyes on an EPS of 6 cents for its fiscal second quarter 2010 prior to the start of trading on Thursday morning.

  • Thursday before the bell, McCormick & Co
    (
    MKC |
    Quote |
    Chart |
    News |
    PowerRating)     is forecast to see an EPS of 54 cents for their fiscal third quarter 2009.

  • A loss of 83 cents/share is the consensus figure for Scholastic Corp
    (
    SCHL |
    Quote |
    Chart |
    News |
    PowerRating)     fiscal first quarter 2010 Thursday prior to trading.

  • After the close on Thursday evening, Research in Motion
    (
    RIMM |
    Quote |
    Chart |
    News |
    PowerRating)    , has been forecast to reveal a fiscal second quarter 2010 EPS of $1.00.

  • The Oracle of Omaha earned $2 billion dollars in his Goldman Sachs
    (
    GS |
    Quote |
    Chart |
    News |
    PowerRating)     trade over the last 12 months.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Blockbuster Inc. BBI 10
Motorola Inc. MOT 9
PACCAR Inc. 9
American Express AXP 8
Dell Inc. DELL 8

View More Stocks

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TradingMarkets Making Great Traders


Trading Leveraged and Inverse Leveraged ETFs – TradingMarkets

We have found a handful of quantified strategies to trade leveraged ETFs. This one strategy in particular has been correct over 92% of the time including using inverse leveraged ETFs. Learn it now.

TradingMarkets

In this article, Bill Kraft discusses an extremely simple, yet very effective way to reduce risk in stock ownership.

TradingMarkets

Once you’ve taken a position in an ETF, how do you know when to exit? Here are a few basic strategies that short term ETF traders can use to exit ETF trades.

TradingMarkets 7 ETFs You Need to Know for Today

Sellers Push S&P 500 To 1% Loss as SPY, DIA Enter Oversold Terrain – TradingMarkets

The United States Oil Fund, USO tanked over 4% today sending crude oil on the retreat. See what other ETFs made the news today and will likely make their

moves tomorrow!

Click here to sign up for Larry Connors’ Trading Lesson of the Day.