Thursday Morning Coffee with TradingMarkets
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Good Morning! |
Stocks Edge Higher as Nasdaq Outperforms … Tech, Financials Provide Leadership … Fed Maintains Bond Buying Program … Most ETFs in Neutral Mode … Overbought ETFs Include: DXD, SHV, XBI ….
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Bed Bath & Beyond
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PowerRating) reported a first quarter net income of 34 cents per share up from 30 cents a year ago. However, same store sales slumped 1.6% during the same period. - The sports shoe giant Nike
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PowerRating) positively surprised analysts by reporting earnings of 99 cents per share and posting revenue of $4.71 billion. - ConAgra Foods
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PowerRating) reports fourth fiscal quarter earnings before the bell Thursday. Analysts are expecting 41 cents per share. - Smart phone maker Palm Inc.
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PowerRating) reports fiscal fourth quarter results after the close with an expected loss of 72 cents per share. - Hedge fund manager, Eddie Lampert, has sold over 400,000 shares of AutoZone
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PowerRating), significantly cutting his stake in the auto parts company. - The Organization for Economic Cooperation and Development raised its commodity forecasts sending shares of Alcoa
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PowerRating) and International Paper
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PowerRating) higher.
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 |
| Pinnacle Entertainment | PNK | 9 |
| Sanderson Farms | SAFM | 9 |
| KLA-Tencor | 9 | |
| Best Buy Company | BBY | 8 |
| Sprint Nextel Corporation | S | 8 |
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TradingMarkets Making Great Traders |
How to Trade ETFs and Stocks Near the 200-Day Moving Average – TradingMarkets
Is there an edge in incorporate moving averages into your ETF and stock trading decisions? This one strategy can help you to gain the professional edge when trading ETFs and stocks near the 200-day.
In this business, letting your emotions control you will lead to disaster. In part 2 of this series, Markus Heitkoetter shows you how to keep your mind focused and on track when it comes to trading.
Reflecting the strength in the technology sector was the 4% intraday performance by the ProShares Ultra Technology ETF, ROM. However, like many ETFs rallying on Wednesday, ROM sold off going into the close.
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TradingMarkets Daily PowerRatings Analysis |
3 Top Tech PowerRatings Stocks for Traders: KLAC, JDSU, BBY – TradingMarkets
With most technology stocks taking off to the upside on Wednesday, here’s a look at a few high PowerRatings stocks that were left behind.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.