Wednesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Edge Higher … Crude Oil Surges, Dollar Plunges … Euro Continues Higher Against Greenback … Japanese Stocks Pullback … Top Performing ETFs for Tuesday Include: UCO, IYR as Overbought Conditions Prevail in Most ETF Markets …

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • Well known book and financial title publisher, John Wiley & Sons
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    , is expecting to see fiscal first quarter 2010 EPS of 38 cents Wednesday before the trading session.

  • Clothing retailer, Talbots
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    , hopes its fiscal 2nd quarter 2010 loss does not exceed the expected negative 52 cents/share.

  • Hi Tech Pharmacal
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    has its eyes set on a fiscal first quarter 2010 EPS of 18 cents. HITK will release earning prior to the opening bell on Wednesday.

  • Signet Group
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    has analysts looking for 21 cents/share for its fiscal second quarter 2010 before the trading day.

  • Cadbury
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    rejected Kraft‘s
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    $16.7 billion takeover offer saying it undervalues the company.

  • Coca Cola
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    lobbyists are vigorously fighting a potential President Obama’s proposed tax on sugary soft drinks.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Children’s Place Retail PLCE 10
Scholastic Corporation SCHL 9
Marth Stewart Living Omnimedia 9
Seachange International SEAC 9
Abercrombie and Fitch ANF 8

View More Stocks

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TradingMarkets Making Great Traders

TradingMarkets

If you are going to trade on a full time basis or if you already trade on a full time basis, then learn more about applying TPS to your ETF trading. This high probability trading strategy has been the backbone of our ETF trading for over a year.

TradingMarkets

Did someone say there is an Obama speech today? How will the market respond? Read Kevin Haggerty’s commentary, as he gets you ready for the fallout.


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Make 2009 your best trading year yet. Learn more about the high probability trading strategies of Larry Connors and the Swing Trading College.

TradingMarkets 7 ETFs You Need to Know for Today

Energies, Commodities Soar as the Dollar Reaches Major New LowsTradingMarkets

Among the top performing ETFs on Tuesday were energy funds such as the United States Oil Fund ETF, USO. Check the rest of our list of exchange traded funds for Wednesday’s trading.

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