Thursday Morning Coffee with TradingMarkets
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Good Morning! |
Treasury Shifts TARP Focus to Consumer Credit Markets … Intel Cuts Forecasts for Q4, Cites Weakened Demand … Democrats Seek Automaker Bailout … Best Buy Anticipates “Seismic Slowdown” During Holiday Shopping Season … Applied Materials, Network Appliances Beat Earnings After Hours on Wednesday
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!
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TradingMarkets 7 Stocks You Need to Know for Thursday |
Here are 7 stocks for traders for Thursday from TradingMarkets.com:
- American Express
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PowerRating) has reportedly asked for $3.5 billion in assistance from the Treasury’s TARP (troubled asset relief program) - Retailers are again front and center in the earnings picture on Thursday with both Kohls
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PowerRating) and Nordstrom
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PowerRating) reporting earnings. Kohls is expected to announce EPS of 0.51. Nordstrom is expected to report earnings per share of 0.31.. - Microsoft
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PowerRating) moved closer to forging a deal with Verizon Communications
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PowerRating) that would allow the software giant to be the default search engine provider for Verizon’s mobile phones. - Caterpillar
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PowerRating) is among the multinational companies widely believed to benefit from the implementation of China’s economic stimulus package announced this week. - Suffering its biggest single-day loss in years on Wednesday, Best Buy
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PowerRating) lowered its sales and earnings forecasts. The electronics retailer said it believed this year’s holiday shopping season would be among the worst of the past 20 year.
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 |
| Carter Holdings Inc. | CRI | 8 |
| Integral Systems inc. | ISYS | 8 |
| Usana Health Sciences Inc. | USNA | 8 |
| LHC Group | LHCG | 8 |
| Universal Technical Institute | UTI | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Stock Market Analysis and Fibonacci, Part 4 – TradingMarkets
In the conclusion to our series on Fibonacci Analysis, TradingMarkets contributor John Jagerson discusses how to use fibonacci analysis in real market situations.
Ichimoku Models Point South for JPY Pairs
– TradingMarkets
A declining Dow offered no relief for the JPY pairs despite heavy divergence on the daily Momentum readings. Forex trader Chris Capre comments on the recent moves of the JPY pairs.
7 ETFs You Need to Know for Today – TradingMarkets
The sharp sell-off in stocks on Wednesday made for new highs in short and leveraged short ETFs. Up more than 9% late in trading on Wednesday, the ProShares UltraShort S&P 500 Index ETF, closed at its highest level since late October.
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TradingMarkets Daily PowerRatings Analysis |
Swing Trading Strategies in Strong-Get-Stronger Markets – TradingMarkets
Successful swing trading is about spotting moments when the strong are getting weaker and the weak are getting stronger, not the other way around..
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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