Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stock Rally Resumes, Tech, Energies Lead … Asian Stocks Advance on U.S. Stimulus Proposals … Obama Predicts Enduring $1 Trillion Deficit … Retail Earnings Today: Supervalu, Family Dollar Stores, Ruby Tuesday … Top Energy ETFs This Week: UGA, PSP, UYM, DXO, BHH …
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TradingMarkets 7 Stocks You Need to Know for Wednesday |
Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
- A new variable pricing strategy for iTunes customers and news of an under-$2,800 MacBook cheered traders in Apple
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PowerRating) on Tuesday who kept the stock aloft despite profit-taking late in the session. - Dow Chemical
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PowerRating) on top in this drug category through 2011, according to industry analysts. Pfizer was among a number of drug stocks which have pulled back from recent overbought extremes. - After a brief pause on Monday, shares of Hewlett-Packard
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PowerRating) are a pair of retailers reporting quarterly earnings Wednesday morning before the market opens. Analysts are expecting EPS of 60 cents from Supervalu and 40 cents from Family Dollar.
For a list of today’s highest PowerRating stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| ProShares UltraShort Semiconductor ETF | SSG | 8 |
| iShares Lehman Bros 20+ Yr Treasury ETF | TLT | 8 |
| Quality Systems Inc. | QSII | 8 |
| Cogent Inc. | COGT | 8 |
| Allegiant Travel Company | ALGT | 8 |
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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!
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TradingMarkets Making Great Traders |
The Powerful Combination of Strategies and Symmetry – TradingMarkets
After posting healthy gains in Monday’s session, the energy sector is continuing to advance with crude oil trading over 50. See Kevin Haggerty’s recap of yesterday’s trades, as well as, his commentary on opportunities in the major market today.
Party Like It’s 1975? – TradingMarkets
As the first few trading days of January goes: the major indexes have all edged above the 50-day average, commodities are coming off their crash lows, and earnings will be coming out in droves soon. According to Gary Kaltbaum, not everything is perfect but the market is looking better.
Breaking out to levels not seen since early November, the Energy Select Sector SPDRS continue to benefit from resurgent energy prices. Also higher on Tuesday were tech-related exchange-traded funds such as the Technology Select Sector SPDRS.
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TradingMarkets Daily PowerRatings Analysis |
Bought and Overbought: PowerRatings Point to Inverse Opportunities – TradingMarkets
As stocks move higher, odds increase that the best opportunities in the near term are in the opposite direction.
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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