Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Begin Week Sharply Lower … Asian Stocks Retreat for Third Consecutive Session … GM, Chrysler Pledge Change, Request Additional Public Assistance … Earnings on Deck for Wednesday Include: DE, BIDU, HPQ, WFMI, CMCSA …
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Deere
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PowerRating) is expected to announce earnings per share of 63 cents when it reports earnings Wednesday before the open. - EPS of 1.32 is what analysts are expecting to hear from Baidu.com
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PowerRating) when it reports quarterly earnings Wednesday after the market closes. - General Motors
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PowerRating) and Chrysler presented their mandated restructuring plans to Congress after the market closed on Tuesday. The plans included job and wage cuts, consolidation or elimination of product lines and a number of other cost-cutting measures. - The big earnings story on Wednesday will undoubtedly be the report form Hewlett-Packard
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PowerRating) which is scheduled for Wednesday after the closing bell. Analysts are expecting earnings per share of 93 cents. - Also reporting quarterly earnings after the bell on Wednesday is Whole Foods Market
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PowerRating). Whole Foods is expected to announce EPS of 15 cents. - Stabilizing sales of heart defibrillators were among the factors Medtronic Inc.
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PowerRating) CEO William Hawkins credited for the company’s strong earnings performance, which beat analyst estimates by one cent on Tuesday. - Reporting quarterly earnings Wednesday before the market opens, Comcast Corporation
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PowerRating) is expected to announce EPS of 22 cents.
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 |
| Knight Capital Group Inc. | NITE | 9 |
| LaBranche & Company Inc. | LAB | 9 |
| InterMune Inc. | ITMN | 8 |
| Synta Pharmaceuticals | SNTA | 8 |
| Terra Nitrogen Company | TNH | 8 |
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TradingMarkets Making Great Traders |
Trading, Ed Thorp and Fortune’s Formula – TradingMarkets
In this three part series, Larry Connors shares some insights on stock investing and applied mathematics from one of his favorite books, and discusses how to potentially apply these ideas in our trading.
What Did You Expect? – TradingMarkets
Are we now in a period of time where the government has a say in everything on a daily basis…including the markets? See Kaltbaum’s take on political dominance in the markets, as well as a look at the provisions of the nearly $789 billion compromise stimulus plan.
On a day when sellers were in full force, it was the financial stocks that were sold most aggressively. This meant lower prices for financial ETFs like the ProShares Ultra Financials ETF and the KBW Regional Banking ETF.
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TradingMarkets Daily PowerRatings Analysis |
PowerRatings and Smart Strategies for the Sell Off – TradingMarkets
Our patience rewarded, find out what strategies will work for PowerRatings traders as stocks and ETFs plunge deeper into oversold territory.
Larry Connors Joins The Money Blogs! Click here to get a look at Larry Connors’ new blog featuring Larry Connors’ Trading Lesson of the Day for short term stock, ETF and options traders!
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