Tuesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Soar, Consumer Cyclicals, Industrial Stocks Lead Advance … Asian Markets Build on U.S. Rally … GM Seeks Chapter 11 Protection … Banks Use Equity to Exit TARP Relationship … Most Overbought ETFs for Today Include: XLP, DIA, UYG, USO, VHT ….
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- General Motors
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PowerRating) officially sought out bankruptcy protection on Monday, as widely anticipated. Shares gapped lower at the open, but the stock ended the day up more than 11%. - Along with General Motors, Citigroup
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PowerRating) will be leaving the Dow Jones Industrial Average. The stocks will be replaced in the DJIA by Cisco Systems
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PowerRating) and Travelers Companies
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PowerRating). Shares of CSCO gapped higher at the open en route to gaining more than 5% on the day. TRV also gapped higher on Monday, gaining nearly 4%. Both Cisco Systems and Travelers Companies are trading above their 200-day moving averages.. - Prudential Financial
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PowerRating) announced on Monday that it would be seeking to raise $1.25 billion through an equity offering and was not interested in taking TARP funding. The Wall Street Journal reported that JP Morgan Chase & Company
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PowerRating) will attempt to raise $5 billion in new capital. PRU pulled back by more than 2% above its 200-day moving average, while shares of JPM edged higher above the 200-day. - Reporting quarterly earnings after the market closes on Tuesday is home builder Hovnanian Enterprises
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PowerRating). Analysts are expecting a per share earnings loss of 1.26. The stock was up more than 2% in advance of its earnings report.
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 |
| Hansen Natural Corporation | HANS | 9 |
| Leap Wireless International | LEAP | 8 |
| Maximus Inc. | 8 | |
| Time Warner Cable | TWC | 8 |
| Bank of the Ozarks | OZRK | 8 |
| View More Stocks |
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 |
The Mental Side of Trading – TradingMarkets
How good is your strategy execution? In today’s trading lesson, Larry Connors takes a look at Dr. Kiev’s book, which does a good job in showing the mind frame needed to combine a good trading strategy and proper execution.
Stocks are moving sharply higher at the start of trading on Monday, despite the bankruptcy filing of General Motors. Gary Kaltbaum comments on what sectors are leading the way.
Trading and Day-Trading Stocks and ETFs with Dave Steckler – TradingMarkets
Our Big Saturday Interview guest this week, trader Dave Steckler shares with us his three-part approach to trading the markets, as well as the importance of using technical indicators in ways that may be different from typical uses.
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TradingMarkets Daily PowerRatings Analysis |
How to Find the Best Stocks to Trade Every Day – TradingMarkets
Larry Connors explains the main focus of PowerRatings, the single most popular tool on TradingMarkets.com to help traders find high, win-rate short term trading opportunities on a daily basis.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.