Thursday Morning Coffee with TradingMarkets
 |
Good Morning! |
Stocks Routed Again on Wednesday in Worst Decline Since 1987 … Bernanke Looks to New Fed Role Against Asset Bubbles … Yen Up, Japanese Stocks Down … Bush Pledges Taxpayers Will Reap Returns from Bailout Plan … McCain, Obama Square Off in Final Presidential Debate
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:
- Citigroup
(
C |
Quote |
Chart |
News |
PowerRating) is one of many companies reporting earnings Thursday morning before the market opens. The company is expected to announce EPS of -0.70. - Reporting earnings Thursday after the market closes, Google
(
GOOG |
Quote |
Chart |
News |
PowerRating) is expected to announce earnings per share of 4.80. - Also announcing its quarterly earnings after the bell on Thursday is IBM
(
IBM |
Quote |
Chart |
News |
PowerRating). Analysts expect IBM to report EPS of 2.03. - JP Morgan Chase
(
JPM |
Quote |
Chart |
News |
PowerRating) saw its brokerage assets leap by 25% as hedge fund investors leave competitors such as Goldman Sachs
(
GS |
Quote |
Chart |
News |
PowerRating) and Morgan Stanley
(
MS |
Quote |
Chart |
News |
PowerRating). - Harley-Davidson
(
HOG |
Quote |
Chart |
News |
PowerRating) reports earnings Thursday morning before the market opens. Analysts are expecting EPS of 0.79.
For a list of today’s highest PowerRating stocks, click here.
|
TradingMarkets 5 PowerRatings Stocks for Today |
|
Company
|
Symbol | PowerRatings |
| Star Scientific Inc. | STSI | 8 |
| ProSharesShort MSCI Emerging Markets | EUM | 8 |
| ProShares UltraShort Financials | SKF | 6 |
| ProShares UltraShort Oil & Gas | DUG | 5 |
| ProShares UltraShort S&P 500 | SDS | 5 |
| View More Stocks |
|
TradingMarkets Making Great Traders |
Market Expectations and Reality – TradingMarkets
Stocks stumbled in Wednesday’s early trade amid Fed Chairman Bernanke’s looming speech later today. Kevin Haggerty explains the strategy trades from yesterday, as well as, his opinion on the day’s trading.
Fibonacci + Ichimoku Makes a Deadly Recipe for Resistance – TradingMarkets
Forex trader Chris Capre is not convinced the Dow’s historic bounce on Monday is going to produce a strong follow through. His analysis of the fibonacci and ichimoku kijun line planted at almost perfectly the same levels in the six major currencies are rare and, as he believes, often leads to strong responses from the market, and that is exactly what we got.
7 ETFs You Need to Know for Today – TradingMarkets
Another day of aggressive selling has once again proved a boon for short and leveraged short ETFs, which are rallying after two days of increasingly oversold conditions. Among the funds doing well is the ProShares UltraShort Oil & Gas ETF, DUG, which soared more than 22% on Wednesday.
|
TradingMarkets Daily PowerRatings Analysis |
Why Swing Traders Should Sit Out the Stock Rout – TradingMarkets
The three ETFs in yesterday’s column were big winners on Wednesday. But swing traders may find surer standing going forward by returning to the sidelines.
Click here to sign up for the Morning Coffee with TradingMarkets newsletter.