Tuesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Reach New Oversold Extremes … Asian Stocks Lower Overnight … JP Morgan Slashes Dividend … Nationalization Debate Roils Financials … Earnings on Deck for Today Include: HD, M, TGT, MHS, WYNN …
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Rumors that the government was seeking to increase its stake in Citigroup
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PowerRating) helped strengthen financial stocks across the board early in trading on Monday. - Home Depot
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PowerRating) reports quarterly earnings Tuesday morning before the market opens. Analysts are expecting EPS of 15 cents. - Also reporting earnings before the bell Tuesday morning are retailers Macy’s
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PowerRating) and Target
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PowerRating). Macy’s is expected to announce earnings per share of 1.01. Analysts are expecting Target to report EPS of 83 cents. - Earnings per share of 58 cents is what analysts are expecting from Medco Health Solutions
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PowerRating) when it reports quarterly earnings Tuesday morning before the bell. - Reporting earnings after the market closes on Tuesday is Wynn Resorts
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PowerRating). Analysts are expecting earnings per share of 0.44. - Growing credit card defaults have encouraged American Express
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PowerRating) to pay selected cardholders $300 if they pay off and close their American Express accounts by April 30th.
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 |
| Wyeth Inc. | WYE | 10 |
| Sunoco Logistics Partners | SXL | 9 |
| Open Text Corporation | OTEX | 9 |
| Geron Corporation | GERN | 9 |
| CH Energy Group | CHG | 9 |
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If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term 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!
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TradingMarkets Making Great Traders |
Trading Covered Calls with ETFs – TradingMarkets
Larry Connors takes a look at a great way to use ETFs to trade covered calls. Plus, don’t miss his live online presentation on Tuesday, February 24th at 6 pm ET. Larry will present an overview of the High Probability ETF Trading Seminar, a 2 1/2 day seminar that will be devoted fully to trading ETFs.
The Market Remains Smarter Than All – TradingMarkets
Gary Kaltbaum warns that it’s going to be another tough week in the markets as some government moves on the financial industry is expected. Also see his commentary on the ingredients of a bear market…and especially of a bear market like the one we are going through now.
Despite dramatically oversold conditions in the first half of trading on Monday, sellers remained on the offensive in a number of sectors and country ETFs such the iShares MSCI Brazil Index ETF which was down by more than 7% shortly after midday.
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TradingMarkets Daily PowerRatings Analysis |
5 PowerRatings Stocks for the Next 5 Days – TradingMarkets
Looking for stocks that are likely to outperform the average stock after the next five days? Our 5 PowerRatings Stocks for the Next 5 Days column is a great place to start!
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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