Wednesday Morning Coffee with TradingMarkets

  • September 30, 2009
  • David Penn

Good Morning!

U.S. Stocks End Little Changed … Overbought Conditions Above 200-Day Fade … VIX Steady, Gap with 10-Day Closes …Sterling Bounces Against Greenback as Euro Continues Pullback … ETF PowerRatings are Here! Top-Rated ETFs 80% Correct Since 2003 ….

Click here to order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading!

TradingMarkets 7 Stocks You Need to Know for Today

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

  • Volatile Diamond Foods
    (
    DMND |
    Quote |
    Chart |
    News |
    PowerRating)     announces its fiscal fourth quarter 2009 results after the bell on Wednesday, with an expected EPS of 19 cents.

  • Software maker, Lawson Software
    (
    LWSN |
    Quote |
    Chart |
    News |
    PowerRating)    , expects to see an EPS of 4 cents for its fiscal first quarter 2010 once the market closes on Wednesday

    evening.

  • 10 cents/share is the forecast figure for Xyratex Ltd‘s
    (
    XRTX |
    Quote |
    Chart |
    News |
    PowerRating)     fiscal third quarter 2009 after the session on Wednesday.

  • Long time retailer, Sears Holdings
    (
    SHLD |
    Quote |
    Chart |
    News |
    PowerRating)    , has been ordered to pay a record $6 million dollars in an Americans with Disabilities bias suit.

  • Rumors hit the street of CIT Group
    (
    CIT |
    Quote |
    Chart |
    News |
    PowerRating)     merging with Indy Mac Bank facilitated by hedge fund kingpin John Paulson.

  • Despite the dismal consumer confidence, Morgan Stanley upgraded yuppie favorite clothier Ralph Lauren
    (
    RL |
    Quote |
    Chart |
    News |
    PowerRating)    .

  • Huge allocator, China Investment Corp, has decided to invest $2 billion dollars in 3 distressed funds including two run by Goldman Sachs
    (
    GS |
    Quote |
    Chart |
    News |
    PowerRating)    .

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Vail Resorts Inc. MTN 9
Research in Motion RIMM 9
Liz Clairborne 9
Aetna Inc. AET 8
JDS Uniphase JDSU 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!

TradingMarkets Making Great Traders


High Probability ETF Trading Software and the Battle Plan’s Perfect September – TradingMarkets

Today there are profitable exit signals triggering on approximately 20 ETFs. This and more ETF trading ideas is available in our High Probability ETF Software. Start your free trail today!

TradingMarkets

Richard Miller demonstrates a strategy aimed at applying Larry Connors’ RSI(2) approach to trading pullbacks in Wall Street’s best stocks.

TradingMarkets

If you’ve been looking for a way to get into the ETF market, then ETF PowerRatings may be the most important trading resource you access this year. Find out for yourself what ETF PowerRatings is all about.

TradingMarkets 7 ETFs You Need to Know for Today

Equity Index ETFs Drift Back Toward Neutral Levels Above 200-Day – TradingMarkets

With ETF Funds making their way back to neutral territory today, commodities maintained their selling pressure. This Wednesday’s list of 7 ETFs includes the

ProShares Ultra Semiconductor ETF, USD.

Click here to sign up for Larry Connors’ Trading Lesson of the Day.