Wednesday Morning Coffee with TradingMarkets

Good Morning!

Stocks Edge Higher In U.S. As Commodities Crumble … Oil, Gold ETFs Pull Back Sharply … Congress Considers Executive Pay Limits … U.S. Dollar Gains Against Euro, Pound … Earnings on Deck for Wednesday Include: TWX, V, WLP … Most Oversold ETFs Include: GDX, TIP, OIH …

Click here to pre-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:

  • Media monster, Time Warner
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    , is expecting to see a second quarter EPS of 36 cents prior to the session on Wednesday.

  • After the close on Wednesday, Visa
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    , is forecasting a fiscal third quarter EPS of 64 cents.

  • Viacom
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    – posted lower than expected second quarter results but made it clear that future revenue looks strong.

  • Rating and research agency, Moody’s
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    , expects an EPS of 30 cents for the second quarter revealed before the start of trading Wednesday morning.

  • The second quarter is expected to show an EPS of 51 cents for Coca Cola Enterprises
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    , announced Wednesday before the bell.

  • Wellpoint
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    has its eye on second quarter results of $1.43/share prior to the start of trading on Wednesday.

  • Golf kingpin, Callaway
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    , is looking for an EPS of 12 cents after the close on Wednesday.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
TeleTech Holdings Inc. TTEC 9
Loral Space and Communications LORL 9
Wesco International Inc. 8
Ultratech Inc. UTEK 8
Smith Micro Software Inc. SMSI 7

View More Stocks

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TradingMarkets Making Great Traders

TradingMarkets

What is the best way to add to ETF positions? In this trading lesson from our archives, Larry Connors takes a look at the best way to add to ETF positions and balance out your investments.


Kaltbaum: Will Lagging Financials Lead Next?
TradingMarkets

Traders thought they were getting a head and shoulders, but instead they got a follow-through day. Is the market going bullish? Gary Kaltbaum shares his thoughts.


How to Manage Market Volatility and Its Impact on Your Portfolio
TradingMarkets

TradingMarkets contributor Kurt Eckhardt examines popular investment vehicles and how investors can prepare themselves for the volatility that can negatively impact their portfolio.

TradingMarkets 7 ETFs You Need to Know for Today


Sellers Emerge to Batter Commodity ETFs as Bond ETFs Bounce
TradingMarkets

Commodity-related ETFs such as the SPDR Gold Trust ETF, GLD, and the Oil Service HOLDRS ETF, OIH, continued to pull back above their 200-day moving

averages. Meanwhile, sellers were dominant in energy ETFs, many of which only recently crossed above their 200-day moving averages.

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