Tuesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Break Out To Upside … Financials Lead … DIA, SPY, QQQQ Race from Oversold to Overbought Above 200-Day … VIX Collapses, Shrinks Back Toward 10-Day Moving Average … USO, SLV, SLX Among Advancing Commodity ETFs … Most Oversold ETFs for Tuesday Include: GDX, IAU, GLD …

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • Drug store chain, Walgreen
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    , has its sights set on an EPS of 39 cents for its fiscal fourth quarter 2009. WAG will reveal on Tuesday morning before the open.

  • Popular restaurant owner, Darden Restaurants
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    , is expecting to see an EPS of 65 cents for their fiscal first quarter 2010 after the bell on Tuesday.

  • Back in the limelight, Micron Technologies
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    , has analyst looking for a loss of 21 cents/share for their fiscal fourth quarter 2009 on Tuesday after the market closes.

  • 99 cents/share is the expected fiscal first quarter 2010 earnings for athletic shoe maker Nike Inc
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    Tuesday evening after the close.

  • Bank of America
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    is being pursued in a class action lawsuit for billions of dollars per Ohio’s Attorney General.

  • Sleepy ticker mattress company, Sealy Corp
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    , is expecting an EPS of 5 cents/share for their fiscal third quarter 2009 announced after the bell on Tuesday.

  • Jabil Circuit
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    is awaiting fiscal fourth quarter results of 2 cents/share announced after the close on Tuesday evening.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Research in Motion RIMM 9
Lennar Corporation LEN 9
U.S. Steel Corporation 8
Wendy’s/Arby’s Group WEN 8
Harley Davidson Inc. HOG 8

View More Stocks

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TradingMarkets Making Great Traders


Applying the 200-Day Moving Average to Leveraged ETFs
TradingMarkets

Larry Connors explains the role of the 200-day moving average when it comes to derivative products such as leveraged ETFs.

TradingMarkets

Martin Thomas discusses the four traits profitable investors all have in common. Through practicing what he calls the 4 C’s, traders can develop the optimal trading attitude.

TradingMarkets

Roman Larionov explores how day traders can use the volume indicator to improve their trading and definitely increase their gains.

TradingMarkets 7 ETFs You Need to Know for Today

Broad-based Rally Lifts Banks, Brokers, Technology as Commodities Remain Under Selling PressureTradingMarkets

Financial and real estate-based ETFs led a buying day in ETFs with ETF Funds such as the Direxion Daily Financial Bull 3x Shares ETF, FAS gaining more than 7% intraday.

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