Wednesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Markets Pull Back Toward Neutral Levels … Selling Aggressive in Materials, Utilities … VIX Stretch Below 10-Day Tops 7% … Crude Oil (USO), Gold (GLD) and Silver (SLV) Retreat … Most Oversold ETFs for Today Include: EWC, IWN, VB, ILF, XHB ….

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:

  • Wells Fargo
    (
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    is expecting a third quarter EPS of 35 cents before the bell on Wednesday.

  • Investment giant, Morgan Stanley
    (
    MS |
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    , has analysts looking for a third quarter EPS of 32 cents prior to trading on Wednesday.

  • 26 cents is the forecast EPS for US Bancorp‘s
    (
    USB |
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    third quarter on Wednesday before 9:30 AM EST.

  • Smokes kingpin, Altria Group
    (
    MO |
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    , has traders expecting a third quarter EPS of 46 cents before trading commences.

  • $1.02/share is the projected third quarter number for Eli Lilly
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    LLY |
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    prior to the open.

  • Genzyme Corp
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    GENZ |
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    has its eye on 31 cents/share before the open for the third quarter.

  • A loss of $2.12/share is the forecast number for Boeing‘s
    (
    BA |
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    PowerRating)
    third quarter prior to the trading day.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
The Talbots Inc. TLB 10
Eastman Kodak EK 9
Usana Health Sciences USNA 9
Palomar Medical Technologies 9
Wynn Resorts Ltd. WYNN 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


Trading Advice from a Man Charged with Civil Securities Fraud
TradingMarkets

Can we trust the trading advice from a man charged with civil securities fraud? Larry Connors shares his opinion.

TradingMarkets

Is market noise hindering your decision making? Here’s an important lesson on how to silence all the noise which typically characterize a volatile market and remain

diligent and focus on what the market is telling you.

TradingMarkets

With the ETF market in overbought territory over the past few days, trading options is another way for high probability ETF traders to take advantage of the edges in our highest PowerRating ETFs.

TradingMarkets 7 ETFs You Need to Know for Today

Latin America Country, Regional ETFs Retreat to Oversold Territory Above 200-DayTradingMarkets

Equity index exchange-traded funds (ETFs) pulled on Tuesday, creating new oversold markets above the 200-day. The iShares Russell 2000 Index

Fund ETF, IWM made the list today after closing down more than 1%.

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