Thursday Morning Coffee with TradingMarkets
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Good Morning! |
AIG Gets $85 Bn Federal Loan as Government Becomes Majority Shareholder … Samsung Makes $5.85 Hostile Bid for SanDisk … Barclay’s Purchases Lehman’s North American Investment Bank Business … Fed Keeps Funds Rate at 2.0%, Bank of Japan Holds at 0.5% … House Passes Offshore Drilling Measure …
Gil Morales Joins TradingMarkets 2008!
Among the top traders presenting at TradingMarkets 2008 in November is trader and William O’Neil protege, Gil Morales. In this brief interview, learn the tactics that have enabled him to become one of the more successful traders using O’Neil’s classic CANSLIM methodology. Click the headline above to access the interview – and then be sure to stop by our TradingMarkets 2008 Conference Headquarters to learn more about the trading event of the year at the MGM Grand Casino and Hotel in Las Vegas, Nevada, November 14-16. You won’t want to miss it!
| TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Falling crude oil prices continue to be a boon for airlines stocks with Delta Airlines
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PowerRating) up more than 23% and Continental Airlines
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PowerRating) gaining nearly 13%. - Morgan Stanley
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PowerRating) reported quarterly earnings after the market closed on Tuesday, beatig analyst’s estimates by a wide mark of more than 50 cents. - Warning of weakness in global demand, Dell Inc.
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PowerRating) shares were lower by more than 11% on the day. - In a potential change of heart, the Federal Reserve has said that it is open to a loan package to help struggling insurer, American International Group
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PowerRating). - Shares of Hewlett-Packard
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PowerRating) soared by more than 6% on Tuesday as traders applauded the company’s cost cutting plans – including the elimination of thousands of jobs. - Third quarter profits for Goldman Sachs
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PowerRating) fell by more than 70% the company reported on Tuesday.
For a list of today’s highest PowerRating stocks, click here.
| TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| IXYS Corporation | IXYS | 9 |
| Adaptec Inc. | ADPT | 8 |
| LSI Corporation | LSI | 8 |
| Synaptics Inc. | SYNA | 8 |
| Activision Blizzard Inc. | ATVI | 8 |
| View More Stocks |
| TradingMarkets Making Great Traders |
How to Recognize Market Capitulation – TradingMarkets
Shares of American International Group fell 48 percent in trading after the bell on Tuesday. As the banking sector continues to tumble in wake of AIG’s cut down, market experts are increasingly talking capitulation. Trader and presenter at TradingMarkets 2008 Bennett McDowell helps you make sense of the sell-off.
The Eye of the Derivative Meltdown – TradingMarkets
The fall of Lehman Brothers, sale of Merrill Lynch, and cut down of American International Group affects many different areas of the market, here’s an in depth look at what those are.
7 ETFs You Need to Know for Wednesday – TradingMarkets
The best performers among ETFs today were those concentrated on Emerging Markets and financial stocks beat down from Monday’s steep sell-off. Among these were the iShares hong Kong Index ETF, EWH, which was up over 3%.
| TradingMarkets Daily PowerRatings Analysis |
Swing Trading the Bounce: 5 Stock for Traders – TradingMarkets
More 8-rated stocks than 9-rated stocks in our Top 25 PowerRatings Stocks means that resumed selling will be required to bring stocks back to bargain levels.
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