Wednesday Morning Coffee with TradingMarkets
 |
Good Morning! |
Stocks Close Higher in U.S. Led by Financials … Asian Stocks Gain … Yahoo Announces Earnings Shortfall … Obama Stimulus Plan Nears $900 Bn … Earnings On Deck for Today Include: BA, COP, WFC, QCOM, SBUX
Do markets do better at different times of the month? Is there a better time to buy? Find out what traders are saying about the new book by Larry Connors’ and Cesar Alvarez’, Short Term Trading Strategies That Work: A Quantified Guide to Trading Stocks and ETFs!
|
TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Yahoo!
(
YHOO |
Quote |
Chart |
News |
PowerRating) reported a quarterly loss of 22 cents per share, but non-GARP earnings of 17 cents per share after the close on Tuesday. The stock was higher by as much as 3% immediately after the announcement in after hours trading. - Also reporting quarterly earnings after the bell on Tuesday was biotech firm, Gilead Sciences
(
GILD |
Quote |
Chart |
News |
PowerRating), which beat analyst expectations by a wide mark. - AT&T
(
T |
Quote |
Chart |
News |
PowerRating) reports quarterly earnings Wednesday morning before the market opens. Analysts are expecting EPS of 66 cents. - Eighty cents per share is what analysts are expecting when Boeing
(
BA |
Quote |
Chart |
News |
PowerRating) reports earnings before the market opens on Wednesday. - Analysts are expecting Wells Fargo
(
WFC |
Quote |
Chart |
News |
PowerRating) to announce quarterly earnings of seven cents per share when it reports Wednesday before the opening bell. - Qualcomm
(
QCOM |
Quote |
Chart |
News |
PowerRating) announces earnings Wednesday after the market closes. Analysts are expecting earnings per share of 0.39. - Starbucks
(
SBUX |
Quote |
Chart |
News |
PowerRating) is expected to report earnings per share of 17 cents when the company announces quarterly profits Wednesday after the bell.
For a list of today’s highest PowerRating stocks, click here.
|
TradingMarkets 5 PowerRatings Stocks for Today |
|
Company
|
Symbol | PowerRatings |
| Sequenom Inc. | SQNM | 8 |
| Palm Inc. | PALM | 8 |
| Allegiant Travel | ALGT | 8 |
| LHC Group | LHCG | 8 |
| Alaska Air Group Inc. | ALK | 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!
|
TradingMarkets Making Great Traders |
Scaling-In Trading – TradingMarkets
The scaling-in process is a technique that is works very well with high probability trades. TradingMarkets CEO and founder Larry Connors takes a look at some scaling-in strategies and shows you why it can be an excellent approach to gettting into trading positions.
Using Options to Trade Mean Reversion – TradingMarkets
TradingMarkets contributor Jared Woodard suggest one way of finding profitable mean reversion opportunities, and discuss how to use option spreads to trade those opportunities.
The financial sector helped lead the markets on Tuesday ahead of tomorrow’s FOMC announcement. Wednesday’s ETFs includes Financial Select Sector SPDRS ETF and the ProShares UltraShort Financials ETF.
|
TradingMarkets Daily PowerRatings Analysis |
PowerRatings, Overbought Stocks and the Bond Bounce – TradingMarkets
Higher prices in bonds, higher prices in stocks and all going according to plan for traders who use Short Term PowerRatings to help analyze and trade the market.
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!
Click here to sign up for the Morning Coffee with TradingMarkets newsletter.