Tuesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Sell-Off, Slide to Oversold Territory Below 200-day … Asian Markets Advance on New Stimulus from Japan … Oil Rebounds … Morgan Stanley, Goldman Sachs Doubt Stock Rally … Top Overbought ETFs Include: SKF, QID, REW, DUG, SDK

Cllick 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:

  • On the urging of the White House, Rick Wagoner stepped down from his position as CEO of General Motors
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    on Monday. The move was seen as a rejection of Wagoner’s efforts to restructure the company in the face of a government-mandated deadline.

  • Announcing quarterly earnings Tuesday before the market opens is home builder Lennar
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    . Analysts are expecting an earnings per share loss of 64 cents.

  • Ebay
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    acquisition, Skype announced that it will begin providing WiFi access for users of the iPhone.

  • The rise in popularity of the Blu-ray format over the DVD format has encouraged Netflix
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    to boost its Blu-ray rental fees by 20%.

  • Morgan Stanley
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    added to the bearish tone of Monday by recommending traders sell the current rally in the S&P 500 after call it the “steepest” since the 1930s. Goldman Sachs
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    expressed similar anxieties, encouraging its clients to avoid “cyclical stocks” in particular.

  • Apollo Group
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    is expected to report quarterly EPS of 0.65 when it announces earnings Tuesday after the bell.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Smith Wesson Holding Company SWHC 8
Stec Inc. STEC 8
Gold Fields Ltd. ADRs GFI 8
Sun Microsystems JAVA 8
Cerner Corporation CERN 8

View More Stocks

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TradingMarkets Making Great Traders


How To Find the Best Stocks to Trade Every Day
TradingMarkets

Larry Connors explains the main focus of PowerRatings, which remains the single most popular tool on TradingMarkets.com to help traders and investors in selecting the best stocks to trade every day.

TradingMarkets ETF BasicsTradingMarkets

Exchange-traded funds are an excellent way to trade markets in the short term or invest in them for the long term. But before you wade into the ETF waters, here is a basic introduction to get you started.

TradingMarkets 7 ETFs You Need to Know for TodayTradingMarkets

Profit-taking accelerated on the first trading day of the week, with financial and energy ETFs both facing heavy selling. ProShares UltraShort Financials ETF soaring by more than 14%, while the Energy Select Sector SPDRS ETF was down more than 4% intraday.

TradingMarkets Daily PowerRatings Analysis


5 PowerRatings Stocks for the Next 5 Days
TradingMarkets

Looking for stocks that are likely to outperform the average stock over the next few days? Our 5 PowerRatings Stocks for the Next 5 Days column is a great place to start!

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