Tuesday Morning Coffee with TradingMarkets

Good Morning!

Dow Gains 130+, S&P 500 Up Nearly 16 … Overbought Conditions Prevail in Most Equity Indexes … VIX Stretch Below 10-Day Nears 7% … Silver (SLV) Up More than 5%, Crude Oil (USO) Adds Nearly 3% … Top ETF PowerRatings Funds Include: RKH, XME, VWO ….

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:

  • Discount club, BJ’s Wholesale
    (
    BJ |
    Quote |
    Chart |
    News |
    PowerRating)
    , is expecting to see fiscal third quarter 2010 earnings of 45 cents/share prior to the open.

  • Pilgrim’s Pride
    (
    PGPDQ |
    Quote |
    Chart |
    News |
    PowerRating)
    has analysts awaiting a fiscal fourth quarter 2009 EPS of 49 cents after the market closes.

  • Once the final bell rings, cereal giant, Kellogg
    (
    K |
    Quote |
    Chart |
    News |
    PowerRating)
    , will reveal its fiscal fourth quarter 2009 EPS with a projected number of 50 cents.

  • Kids gym specialist, Gymboree
    (
    GYMB |
    Quote |
    Chart |
    News |
    PowerRating)
    , announces its fiscal third quarter 2010 EPS after the closing bell with a forecast number of $1.13.

  • Clothing designer, Perry Ellis
    (
    PERY |
    Quote |
    Chart |
    News |
    PowerRating)
    , has its eyes fiscal third quarter 2010 earnings of 24 cents before the trading day starts.

  • Shopping mall sensation, Hot Topic
    (
    HOTT |
    Quote |
    Chart |
    News |
    PowerRating)
    , opens its books after the close with a forecast fiscal third quarter 2010 EPS of 13 cents.

  • Burger chain, Jack in the Box
    (
    JACK |
    Quote |
    Chart |
    News |
    PowerRating)
    , is announcing results after the close with a forecast figure of 55 cents for its fiscal fourth quarter 2009.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Whole Foods Market Inc. WFMI 9
Charles Rivers Labs CRL 9
FreightCar America Inc. RAIL 8
Brocade Communications Systems 8
Freddie Mac FRE 8

View More Stocks

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Stock PowerRatings. The highest rated 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 Making Great Traders


Best of the Battle Plan: How to Day Trade ETFs
TradingMarkets

What are the key trading strategies ETF traders need to follow when trading exchange-traded funds on an intraday basis? Larry Connors outlines the main steps to his quantified strategy for day-trading exchange-traded funds.

TradingMarkets

The greatest traders are those who know how to deal with and/or master their emotions before it can affect their decision-making. Learn how to control your

emotions when trading and effectively develop what Bennett McDowell refers to as “the trader’s mindset”.


ETF PowerRatings and Japanese Candlesticks: Strategies for Traders
TradingMarkets

For traders who use Japanese candlesticks, things look a little different when ETF PowerRatings are added to the picture. Take a look at how ETF PowerRatings can help locate what sort of short term edges those black candlesticks may be hiding.

TradingMarkets 7 ETFs You Need to Know for Today

Market Equity Index ETFs Enter Overbought Terrain Above 200-DayTradingMarkets

Sector and country ETFs traded into overbought territory across the board Monday, passing the 200-day moving average with ETFs like the Unites States Oil Fund, USO at the forefront after gaining over 2% on the day.

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