Tuesday Morning Coffee with TradingMarkets
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Good Morning! |
Financials Send Stocks Soaring To Begin Week … Nasdaq, S&P Gain 3% … Home builder Sentiment At 8-Month High … Consumer Cyclicals LOW, HD Advance on Housing Optimism … Precious Metals ETFs Among Most Oversold: GLD, SLV, IAU ….
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- The biggest earnings announcement on Tuesday may be the one from Hewlett-Packard
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PowerRating), which is expected to report EPS of 86 cents after the close. HPQ closed up more than 2% and is increasingly overbought below its 200-day moving average. - Among the companies reporting quarterly earnings before the bell Tuesday morning, Home Depot
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PowerRating) is expected to announce EPS of 29 cents, while analysts are expecting per share earnings loss of 0.24 from upscale clothing retailer Saks
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PowerRating). Home Depot rallied by more than 6% while Saks, which trades below its 200-day moving average, soared by a whopping 22%. - Goldman Sachs
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PowerRating) moved Northrop Grumman
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PowerRating) to its “conviction sell” list as part of an overall downgrade of the defense sector. Trading below its 200-day moving average, NOC opened at its lows and rallied by more than 3% on the day. - Along with Goldman Sachs, both Morgan Stanley
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PowerRating) and JP Morgan Chase
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PowerRating) have applied for permission to repay a combined total of $45 billion in TARP capital borrowed. MS and JPM both trade above their 200-day moving averages and were up more than 8% and 6%, respectively.
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 |
| The Pantry | PTRY | 9 |
| Optimer Pharmaceuticals | OPTR | 9 |
| Hot Topic Inc. | 9 | |
| Ralcorp Holdings Inc. | RAH | 8 |
| Family Dollar Stores | FDO | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Trading Education Schedule To Improve Your Trading – TradingMarkets
Looking for new trading ideas and strategies each trading day? Here is a schedule of upcoming education programs we offer, which will provide you with unique learning strategies and techniques you can use to become a better trader.
How to Keep the Profits You Make – TradingMarkets
Even for experienced traders, there still remains a lot of confusion out there about using trailing stops. Larry Levin sheds some light on how traders can effectively use trailing stops in their stock investing
TradingMarkets 7 ETFs You Need to Know for Today – TradingMarkets
Financials, energy and consumer cyclicals were the sectors leading the markets higher on Monday. Closing above its 5-day moving average for the first time in six days, the ProShares Ultra Financials ETF was among the chief beneficiaries of Monday’s bullish sentiments.
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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 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.