TradingMarkets 7 Stocks You Need to Know for Tuesday

Dubai World clearly stated that it was in constructive talks with its creditors triggering a late day bullish buying in U.S. equities. In addition, JP Morgan and Citibank made statements that their exposure to a potential Dubai default was manageable, further calming the nervous jitters. Oil spiked on word of an Iranian hostage-taking while gold also continued its climb higher. The DJIA gained 34.92, the tech heavy Nasdaq advanced 6.16, and the broad based S&P 500 moved higher by 4.14.

Here are 7 stocks you need to know for Tuesday.

Office superstore, Staples
(
SPLS |
Quote |
Chart |
News |
PowerRating)
, reveals their fiscal third quarter 2010 earnings before the bell with an expected EPS of 38 cents.

Roof supply firm, Beacon Roofing Supply
(
BECN |
Quote |
Chart |
News |
PowerRating)
, has forecast an EPS of 38 cents for their fiscal fourth quarter 2009 before trading starts.

A loss of 7 cents is slated for Isle of Capri Casinos
(
ISLE |
Quote |
Chart |
News |
PowerRating)
fiscal fourth quarter 2009 prior to the open.

MGM Mirage
(
MGM |
Quote |
Chart |
News |
PowerRating)
unveils its Las Vegas $8.5 billion dollar City Center project today.

Goldman Sachs placed US Steel
(
X |
Quote |
Chart |
News |
PowerRating)
on its “conviction buy” list and upgraded the steel sector.

JP Morgan
(
JPM |
Quote |
Chart |
News |
PowerRating)
and Citigroup
(
C |
Quote |
Chart |
News |
PowerRating)
have revealed that their exposure to Dubai World is “very manageable” at $9 billion.

It’s So Simple to Improve your ETF Trading! Find entry and exit signals for some of the best ETF trades in Larry Connors’ ETF Daily Battle Plan. Get Your 7 Day Free Trial now.