Wednesday Morning Coffee with TradingMarkets

Stock Slide in U.S. Continues … S&P 500 Joins Dow Industrials Below 200-Day … Former AIG Boss Greenberg Wins Court Battle vs. AIG … AlphaShares Unveils China Volatility Index … Most Oversold ETFs for Today Include: PGJ, VUG, ROM, EWZ, QLD …

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TradingMarkets 7 Stocks You Need to Know for Today

Here are 7 stocks for traders for today from TradingMarkets.com:

  • Health insurers bucked the downward trend today with Aetna
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    and Cigna
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    climbing higher on relief that President Obama may delay implementing his government health plan.

  • Recession thriving, Family Dollar Stores
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    , reveals its third quarter earnings before the bell on Wednesday with 59 cents per share as the consensus estimate.

  • Soft drink king pin, Pepsi Bottling Group
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    , is expected to report EPS of 73 cents at its earnings release pre-open Wednesday morning.

  • The search engine juggernaut, Google
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    , dropped below $400.00 per share today.

  • American International Group
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    lost a $4.3 billion dollar case against a private company run by its former CEO Hank Greenberg that is alleged to have looted AIG for billions in stock. In addition, the company executed a massive 1 for 20 reverse stock split sending shares plummeting.

  • Alcoa
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    will announce its second quarter earnings after the bell with an expected loss of 36 cents per share.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Research in Motion RIMM 9
Vertex Pharmaceuticals VRTX 9
Chicago Mercantile Exchange 8
Microsoft Corporation MSFT 8
Hewlett Packard HPQ 8

View More Stocks

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TradingMarkets Making Great Traders

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Larry Connors walks you through the actual results to our SPY scale-in test and shows you some of the ways to enhance your strategy backtesting power.

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Toni Turner explains how to use ultra ETFs to substitute stocks and for short-term plays.


TradingMarkets 7 ETFs You Need to Know for Today
TradingMarkets

The selling in stocks resumed on Tuesday, with the industrial and energy sectors moving lower most aggressively. As a result, energy ETFs like the Energy Select Sector SPDR ETF, XLE, slid more than 2%.

TradingMarkets Daily PowerRatings Analysis

PowerRatings Does It Again – Results for 2008TradingMarkets

How can short term traders take maximum advantage of pullbacks in our high PowerRatings stocks? Here are two tips – one for entries and one for exits – that can help you get the most out of our popular, high probability, short term stock rating system.

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