Tuesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Edge Higher on Eve of FOMC Meeting Day One … Asian Stocks Rally, Led by Banks … Geithner Wins Confirmation as Treasury Secretary … Pound Retreats to New Lows … Earnings On Deck for Tuesday: BMY, DD, VZ, ETFC, YHOO …
Do markets do better at different times of the month? Is there a better time to buy? Find out what traders are saying about the new book by Larry Connors and Cesar Alvarez, Short Term Trading Strategies That Work: A Quantified Guide to Trading Stocks and ETFs!
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Caterpillar
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PowerRating) reported quarterly earnings Monday morning before the bell, missing estimates and announcing that it would eliminate 20,000 jobs in light of a pessimistic forecast for the year. - Also announcing significant job cuts on Monday was Sprint, which reported plans to reduce its workforce by 8,000 jobs. Rival Verizon Communications
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PowerRating) reports quarterly earnings on Tuesday, with analysts expecting EPS of 61 cents. - Reporting quarterly earnings after the market closed on Monday was American Express
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PowerRating) which announced profits that were roughly in-line with estimates. - Also reporting after the close was biotechnology giant, Amgen
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PowerRating). Amgen reported fourth quarter profits that were up 15% and in-line with expectations. - EPS of 75 cents is what analysts are expecting from U.S. Steel
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PowerRating), when it announces quarterly earnings on Tuesday. - Reporting earnings after the close on Tuesday, E*Trade Financial
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PowerRating) is expected to announce a loss of 23 cents per share. Also reporting earnings after the market closes on Tuesday is Yahoo!
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PowerRating). Yahoo! is expected to announce per share earnings of 0.13.
For a list of today’s highest PowerRating stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| Questcor Pharmaceuticals | QCOR | 9 |
| iShares Barclays 20+ Yr T Bond ETF | TLT | 8 |
| Skywest Inc. | SKYW | 8 |
| Vanguard Extended Duration Treasury Index ETF | EDV | 8 |
| Continental Airlines | CAL | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
What Can We Learn from the 2008 Leveraged ETF Collapse? Part 2 – TradingMarkets
In the conclusion to this 2 part article, TradingMarkets contributor Tristan Yates discusses how to build a better investment portfolio and how to intelligently manage such portfolio to boost returns and lower risks.
The Key to Longevity and Consistency in Trading the Markets – TradingMarkets
Longevity in the market is the mark of a good trader. Professional trader and TradingMarkets contributor Sam Patterson discusses two fundamental concepts of trade management that can help you attain longevity as a trader.
Surprisingly good news from the housing sector and buying in telecommunications and consumer discretionary sectors helped move stocks higher on Monday. Among the ETFs moving higher are S&P Homebuilders SPDRS ETF and the Direxion Financial Bear 3X Shares ETF.
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings, Slow-Moving Stocks and Oversold Bonds – TradingMarkets
Stocks continue to meander while all the action has shifted to the bond market. Fortunately, our Short Term PowerRatings have helped us track a number of high Short Term PowerRating bond ETFs.
Larry Connors Joins The Money Blogs! Click here to get a look at Larry Connors’ new blog featuring Larry Connors’ Trading Lesson of the Day for short term stock, ETF and options traders!
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