Tuesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Pullback … Fed Meeting Begins Tuesday … GM, eBay Experiment with Online Auto Sales … Euro Continues Lower Against Greenback … Recession May Have Ended in Q3 … Most Oversold ETFs for Today Include: EWZ, IEV, SLX, UYM, XME …

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:

  • Tibco Software
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    is rumored to be acquired by SAP AG
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    .

  • Fashion brand, Fossil
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    , is expected to report a second quarter EPS of 20 cents before the bell Tuesday morning.

  • An EPS of 33 cents is the forecast number for the 2nd quarter of Critical Therapeutics
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    . CRTX reports prior to trading Tuesday morning.

  • Down on the farm, Bob Evans
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    , announces its fiscal first quarter 2010 results after trading Tuesday with an expected EPS of 50 cents.

  • Strip club purveyor, Rick’s Cabaret
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    , has traders expecting to see fiscal third quarter earnings of 19 cents on Tuesday after the close.

  • A loss of 9 cents is the projected fiscal third quarter result for Applied Materials
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    , which announces earnings after the bell on Tuesday.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
KLA-Tencor KLAC 10
Ford Motor Company F 9
Novellus Systems 9
Cisco Systems CSCO 8
Research in Motion RIMM 8

View More Stocks

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TradingMarkets Making Great Traders

TradingMarkets

What’s the safest route if you’re going to go short an ETF? With the SEC rule on short-selling now permanent, Larry Connors takes a look at the terms and its impact on ETF trades.

TradingMarkets

Lagging sectors are set to move to the forefront as the market continues a steady positive gain. Gary Kaltbaum details the market state and tells you where he

believes the trend will hold.


Fighting Your Way Out of A Losing Streak
TradingMarkets

Larry Levin provides some insights as to why the ability and willingness to take losses when trading can ultimately bring you one step closer to your next profitable

trade.

TradingMarkets 7 ETFs You Need to Know for Today


Commodity ETFs Continue Pullback as Asia, Tech Populate Ranks of Oversold
TradingMarkets

Sellers remained persistent in the technology sector, causing the ProShares Ultra QQQ ETF to close lower for a fourth trading day in a row. Meanwhile, health care ETFs like the Health Care Select Sector SPDR ETF were among those rebounding on Monday.

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