Tuesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Continue Higher … S&P 500 Closes Higher for 6th Consecutive Session, Dow Industrials Make New Closing High … Rising Confidence Boosts New Home Sales … Amgen Beats After the Bell on Monday … Earnings on Deck for Tuesday Include: COH, GOLD, UA, TEVA, PNRA …

Click here to pre-order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading!

TradingMarkets 7 Stocks You Need to Know for Today

Here are 7 stocks for traders for today from TradingMarkets.com:

  • Mid-level luxury handbag and leather good maker, Coach
    (
    COH |
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    , is expected to announce fiscal fourth quarter earnings of 42 cents per share Tuesday

    morning before the bell.

  • One of the original internet companies, EarthLink
    (
    ELNK |
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    PowerRating)
    , announces its 2nd quarter performance prior to trading Tuesday, with an expected EPS of 26 cents.

  • Fresh Del Monte Produce
    (
    FDP |
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    PowerRating)
    is forecast to report a second quarter EPS of 70 cents before the bell on Tuesday.

  • The largest gain in new home sales in eight years triggered a bullish surge in such sector stalwarts as Lennar
    (
    LEN |
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    PowerRating)
    andCentex
    (
    CTX |
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    .

  • Generic drug giant, Teva Pharmaceuticals
    (
    TEVA |
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    PowerRating)
    has analysts anticipating a second quarter EPS of 80 cents before trading starts on Tuesday.

  • Struggling computer innovator, Unisys
    (
    UIS |
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    PowerRating)
    , is forecasting a per share loss of 1 cent for the second quarter. The company announces earnings before the bell Tuesday morning.

For a list of today’s highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Loral Space and Communications LORL 8
LSI Corporation LSI 8
Allegheny Technologies 8
Activision Blizzard Inc. ATVI 8
Microsoft Corporation MSFT 7

View More Stocks

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TradingMarkets Making Great Traders

TradingMarkets

It’s been almost four months since we wrote our multi-part lesson on bear to bull market transitions. How has the market played itself out since then? And how can traders use this knowledge to focus on the bigger picture?


2 Indicators to Help You Find Market Bottoms
TradingMarkets

TradingMarkets contributor Toni Turner shares
a combination of two chart indicators, which when used properly, could help pinpoint market bottoms before or just as they begin to turn up.


How to Find the Best Stocks to Trade Every Day
TradingMarkets

Larry Connors explains the main focus of PowerRatings, the single most popular tool on TradingMarkets.com to help traders find high, win-rate short term trading

opportunities on a daily basis.

TradingMarkets 7 ETFs You Need to Know for Today


Will Tech ETFs Provide the First Major Sector Pullbacks?
TradingMarkets

ETFs linked specifically to semiconductors remained in high demand, with both the ProShares Ultra Semiconductor ETF, USD, and the Semiconductor HOLDRS

ETF, SMH, continuing to close positively for a fourth day in a row above the 200-day.

Click here to sign up for Larry Connors’ Trading Lesson of the Day.