Wednesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Soar as Dow Adds 130+ … Energies Lead Market Higher, Followed by Financials … Overbought Conditions Prevail Above 200-Day in Most ETFs … VIX Plunge Continues, Falls Below 10-Day Moving Average … Gold Rallies to New Record … Top ETF PowerRatings Funds Include: ITB, IBB, VNQ …

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:

  • Big box shopping club giant, Costco Wholesale
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    , is expecting to see a fiscal fourth quarter 2010 EPS of 77 cents before the open on Wednesday.

  • Low priced retail specialist, Family Dollar Stores
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    , has analysts looking at fiscal fourth quarter EPS of 41 cents prior to the bell on Wednesday morning.

  • Consumer products firm, Helen of Troy
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    , has forecast fiscal second quarter 2010 earnings of 39 cents/share before the session on Wednesday.

  • A loss of 23 cents/share is anticipated for Merix Corp
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    for the fiscal first quarter 2010 on Wednesday prior to trading.

  • Bank of America
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    declared it would keep credit card rates unchanged until President Obama’s sweeping reform measures take hold next year. While, JP Morgan Chase
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    and Discover Financial
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    raised rates and fees in anticipation of being forced to lower them.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Ciena Corporation CIEN 9
UAL Corporation UAUA 9
Seattle Genetics 9
Fluor Corporation FLR 8
Varian Medical Systems VAR 8

View More Stocks

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Stock PowerRatings. The highest rated 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


Connors: How to Find The Best ETFs to Trade Each Day
TradingMarkets

Looking to see where your ETFs rate each day or where to find the top ETFs to trade daily? Take a look at our ETF PowerRatings, which will provide you with a

real advantage to trading ETFs.

TradingMarkets

Steve Ward, a leading trader psychology coach, discusses the mindset required of a trader to survive through good times and bad with a focus on flawless execution.

TradingMarkets

If you’ve been thinking about the growing opportunities in the ETF market for short-term traders, then Larry Connors’ special ETF trading presentation on Thursday is one you won’t want to miss. Register now!

TradingMarkets 7 ETFs You Need to Know for Today

Commodities, Precious Metals ETFs Soar as Gold Hits Record HighTradingMarkets

Energy sector ETFs were bought up aggressively on Tuesday, resulting in the Energy Select Sector SPDR ETF, XLE making the list of 7 ETFs for Wednesday’s trading.

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