Tuesday Morning Coffee with TradingMarkets
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Good Morning! |
Dow Chemical Drops as Kuwait Pulls Funding for Rohm & Haas Deal … Energy Shares Lead Asian Stocks Higher Overnight … General Motors Gets Another Billion from Treasury …
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TradingMarkets 7 Stocks You Need to Know for Tuesday |
Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
- Weyerhaeuser
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PowerRating) warned of a soft fourth quarter, encouraging traders and investors to continue selling shares of the timber industry giant. - The planned acquisition of Rohm & Haas
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PowerRating) was threatened by news that Kuwait was withdrawing $9 billion in anticipated funding for the deal. - Chemical company DuPont
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PowerRating) was also lower on Monday, as the troubled Dow/Rohm & Haas deal weighed heavily on materials stocks. - Although rising crude oil prices made headlines on Monday, the continued rally in gold helped boost shares of gold mining stocks like Newmont Gold
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PowerRating) and Barrick Gold Corporation
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PowerRating). - Occidental Petroleum Corporation‘s
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PowerRating) gain of nearly 4% on Monday was typical of the buying in the oil/energy sector on the first trading day of the week.
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 |
| ProShares Short S&P 500 ETF | SH | 8 |
| Panera Bread Company | PNRA | 8 |
| ProShares Short Dow 30 ETF | DOG | 8 |
| Universal Technical Institute Inc. | UTI | 7 |
| Strayer Education Inc. | STRA | 7 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Wrapping Up the Year – TradingMarkets
As we come to the close of this very eventful year, Gary Kaltbaum recaps his best market calls of the year, as well as, weighs in on predictions for 2009. Also see some of the most infamous quotes from 2008 and years past.
3 Important Indicators to Navigate Any Market Environment – TradingMarkets
TradingMarkets contributor Katie Stockton provides a template that includes three technical indicators to help traders navigate trending and/or non-trending markets.
Among the few bullish sectors on Monday were the energy stocks, which benefited from rising oil prices over the past few days. Tuesday’s ETFs includes the Energy
Select Sector SPDRS.
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TradingMarkets Daily PowerRatings Analysis |
Read What Traders Are Saying About Short Term Trading Strategies That Work! – TradingMarkets
If you trade stocks or exchange-traded funds, then consider putting Larry Connors’ new book, Short Term Trading Strategies That Work, at the top of your reading list for 2009.
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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