Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks End Tuesday Mixed, Futures Higher Overnight … Sony Helps Lift Oversold Asian Stocks … Nissan Rallies on Chrysler Asset Purchase Report … Citigroup To Announce Major Restructuring … Top Performing ETFs This Week Include: SKF, FXP, RFN,
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- The Wall Street Journal reported that Yahoo!
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PowerRating) will choose Carol Bartz to replace Jerry Yang as CEO. Bartz was formerly CEO of Autodesk. - Xilinx
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PowerRating) reports quarterly earnings Wednesday after the close. Analysts are expecting earnings per share of 32 cents. - Options trader Jon Najarian pointed to sizable put buying in shares of Citigroup
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PowerRating) during an appearance on MSNBC’s Fast Money program after the bell on Monday. Read our Big Saturday Interview with options trader, Fast Money regular and brother of Jon Najarian, Pete Najarian at TradingMarkets.com! - Traders are similarly bearish toward shares of General Electric
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PowerRating). The number of shares sold short in the stock soared over the month of December. Also Barclay’s suggested on Tuesday that GE’s quarterly earnings could come in at the low end of its forecast range. - Shares of ZymoGenetics
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PowerRating) soared on Tuesday on the news that Bristol-Myers Squibb
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PowerRating) would pay $1 billion to the Seattle-based biotech company if the hepatitis C drug they are co-developing meets certain sales and regulatory goals. - Alcoa
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PowerRating) continues to sit easily in the minds of traders, investors and analysts who have grown suspicious of the aluminum giant’s ability to support its dividend.
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 |
| Netflix Inc. | NFLX | 9 |
| Continental Airlines Inc. | CAL | 9 |
| PetMed Express Inc. | PETS | 8 |
| Healthspring Inc. | HS | 8 |
| Greatbatch Inc. | GB | 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!
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TradingMarkets Making Great Traders |
Reversal From Short Term O/S Condition – TradingMarkets
The S&P 500 Index shed 20.09 points yesterday. But Kevin Haggerty believes that in this market one would expect more of a decline, especially with the constant barrage of depression like news from the media. See his commentary on the odds of a successful reversal this week.
3 Reasons Why the EUR/GBP Rally is Not Convincing – TradingMarkets
With the ECB set to meet this week with a more probably rate cut on the cards, forex trader Chris Capre discusses the recent aggressive rally of the EUR/GBP forex pair.
After four days of consecutive lower lows, the United States Oil Fund rallied on Tuesday as oversold conditions attracted both buying and short-covering.
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TradingMarkets Daily PowerRatings Analysis |
A Surplus of Sellers Reveals Growing PowerRatings Opportunities – TradingMarkets
With stocks holding steady, so have the number of high Short Term PowerRatings stocks in our Top 25 PowerRatings stocks roster. Here are how some of the best of that bunch are faring.
Larry Connors Joins The Money Blogs! Click here to get a look at Larry Connors’ new blog featuring Larry Connors’ Trading Lesson of the Day for short term stock, ETF and options traders!
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