Thursday Morning Coffee with TradingMarkets
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Good Morning! |
Senate Approves Bailout Bill: 74 – 25 … House To Consider New Legislation on Friday … Warren Buffett Warns Of Rising Unemployment; Invests $3 Billion in General Electric … Lilly Reportedly Considers ImClone Takeover … Auto Sales Slowdown Hits Honda, Nissan, Toyota
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 7 Stocks You Need to Know for Thursday |
Here are 7 stocks for traders for Thursday from TradingMarkets.com:
- Johnson & Johnson
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PowerRating) was awarded nearly $630 million in interest in its patent lawsuit against Boston Scientific
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PowerRating) involving arterial stents. - Plummeting auto sales sent shares of Ford
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PowerRating) lower by more than 12% on Wednesday. Daimler AG
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PowerRating) slid by more than 15% on Wednesday. - Representing continued weakness in basic materials stocks, Dow component Alcoa
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PowerRating) hit a new multi-month low. - Takeover speculation sent shares of National City Corporation
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PowerRating) higher by more than 70% on Wednesday.
For a list of today’s highest PowerRatings stocks, click here.
| TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| Vulcan Materials Company | VMC | 9 |
| NBT Bancorp Inc. | NBTB | 9 |
| Home Bancshares Inc. | HOMB | 9 |
| Western Alliance Bancorporation | WAL | 9 |
| Viasat Inc. | VSAT | 8 |
| View More Stocks |
| TradingMarkets Making Great Traders |
Larry Live at Noon – TradingMarkets
It’s a tough market. Let TradingMarkets co-founder and veteran trader Larry Connors show you the methods and techniques that will help you take advantage of short term opportunities in stocks and exchange-traded funds.
7 ETFs You Need to Know for Thursday – TradingMarkets
Banks and financial ETFs were higher while energy and industrial funds were lower on a day in which stocks were able to rally from intraday lows. The KBW Bank Index KBE is one of several financial ETFs in overbought territory.
| TradingMarkets Daily PowerRatings Analysis |
High PowerRating, Low Price: 5 Stocks for Swing Traders – TradingMarkets
Buyers overwhelmed sellers intraday on Wednesday, leaving markets little changed and stocks still hovering between overbought and oversold.
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