Wednesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Markets End Down But Off Lows … Nasdaq, Dow Industrials Remain Overbought Above 200-Day … $VIX Stretch Below 10-Day at 9% … December Gold, Crude Oil Reach New Highs … Most Oversold ETFs for Today Include: KIE, PGF, VNQ, RWR, URE ….

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:

  • Shares of Intel Corporation
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    soared afterhours on Tuesday after forecasting better than expected quarterly revenue and earnings estimates.

  • Abbott Labs
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    is focused on a fiscal third quarter 2009 EPS of 90 cents prior to the opening of trading.

  • Highly anticipated JP Morgan Chase
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    earnings will be revealed prior to trading with an expected EPS of 49 cents for the fiscal third quarter.

  • Progressive Corp
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    has analysts awaiting a third quarter 2009 EPS of 33 cents before the bell.

  • Goldman Sachs
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    was downgraded by Meredith Whitney to “neutral”.

  • Xilinx Inc
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    has forecast a third quarter EPS of 21 cents after the close.

  • 40 cents/share is the expected third quarter earnings for the WD-40 Company
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    after the bell.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
STEC Inc. STEC 10
The Royal Bank of Scotland RBS 9
Form Factor Inc. FORM 9
Temple-Inland Inc.. 8
VeriSign Inc. VRSN 8

View More Stocks

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TradingMarkets Making Great Traders


Connors: How to Day Trade ETFs
TradingMarkets

Larry Connors teaches you the main steps to successfully day trade ETFs. Plus don’t miss Larry’s special ETF trading presentation on Wednesday, October 14.

TradingMarkets

The commodity sectors were the leaders last week driven by the declining dollar. But Kevin Haggerty says that there will be a day of reckoning, sooner than later. What’s your exit plan, when that day comes?

TradingMarkets

Here’s an inside look at how the high probability traders of Larry Connors’ Daily Battle Plan start the trading day.

TradingMarkets 7 ETFs You Need to Know for Today

Commodities Remain Strong, Healthcare Stocks Drop 1%TradingMarkets

The healthcare sector pulled back most severely today, while financials found themselves on the upswing. Country ETFs, such as the Market Vectors Russia ETF RSX, pulled back more than 1%.

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