Wednesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Stocks Gain As Technology, Health Care Lead, Financials Lower … Asian Stocks Advance … Auto Sales Down, Home Sales Up … Earnings on Deck for Today Include: CLX, DBD, KFT, TWX, CSCO …

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:

  • Walt Disney
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    missed analyst estimates in its earnings report Tuesday after the closing bell. The stock was immediately lower after the news.

  • A number of consumer durables companies are reporting earnings Wednesday morning before the market opens. Clorox
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    is expected to announce EPS of 57 cents when it reports. Earnings per share of 44 cents are what analyst are expecting to hear from Kraft Foods
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    .

  • Earnings from Time Warner
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    are expected Wednesday. Analysts are expecting the company to report EPS of 0.26.

  • Reporting after the market closes on Wednesday are Cisco
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    , which is expected to announce earnings per share of 30 cents, and Sunoco
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    , which is expected to report EPS of 2.15.

  • Also reporting after the closing bell on Wednesday is Visa
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    . EPS of 66 cents are what analysts are expecting the company to announce.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Trico Bancshares TCBK 9
Thoratec Corporation THOR 8
Stem Cells Inc. STEM 8
Quality Systems Inc. QSII 8
JetBlue Airways Corporation JBLU 8

View More Stocks

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TradingMarkets Making Great Traders


The Ice is Getting Thinner
TradingMarkets

Following another round of substantial losses last Friday, the Dow is showing the most relative weakness of the main stock market indexes. Gary Kaltbaum weighs in on Obama’s stimulus bill and ‘bad bank’ plans.

Reality and Market DirectionTradingMarkets

The SPX followed the -3.3% loss on Thursday with a -2.3% loss on Friday, which made it the worst January ever for the SPX at -8.6%.

TradingMarkets

Virtually all sectors save for financials gained on Tuesday as stocks responded to the increasingly oversold conditions in the marketplace.

TradingMarkets Daily PowerRatings Analysis


PowerRatings and Trading the Oversold Bounce
TradingMarkets

One of our stocks from yesterday rallied more than 7%, another earned a major Short Term PowerRatings upgrade. Find out which is which and what the next steps are for short term stock and ETFs traders.

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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