TradingMarkets 7 Stocks You Need to Know for Friday

Stocks ramped higher in the final two hours of trading on Thursday, helping ensure overbought conditions in a number of stocks both above and below the 200-day moving average.

The Dow gained 95.81. The Nasdaq Composite ended the day up 43.64. And the S&P 500 closed ahead by 13.24.

Here are 7 Stocks You Need to Know for Friday.

Google
(
GOOG |
Quote |
Chart |
News |
PowerRating)
reported quarterly earnings after the close on Thursday that were better than analysts had expected. Thursday marked the stock’s second consecutive close above the 200-day moving average in more than a year.

“RST” is the ticker symbol for Rosetta Stone
(
RST |
Quote |
Chart |
News |
PowerRating)
which debuted on Thursday with a rally of more than 40%.

Citigroup
(
C |
Quote |
Chart |
News |
PowerRating)
is among the companies announcing quarterly earnings Friday morning. Analysts are expecting an earnings per share loss of 24 cents. Also reporting before the bell Friday morning are Mattel Inc.
(
MAT |
Quote |
Chart |
News |
PowerRating)
, which is expected to report a loss of 13 cents per share, and Overstock.com
(
OSTK |
Quote |
Chart |
News |
PowerRating)
, which is expected to announce an EPS loss of 26 cents.

GlaxoSmithKline
(
GSK |
Quote |
Chart |
News |
PowerRating)
and Pfizer
(
PFE |
Quote |
Chart |
News |
PowerRating)
announced plans to merge their HIV-drug units in a move that would give the combined entity nearly 20% of the market for anti-HIV drugs.

Avoid single stock volatility and learn to trade ETFs. Click here to order High Probability ETF Trading and get quantified trading strategies for one of the fastest growing financial vehicles.