Wednesday Morning Coffee with TradingMarkets
 |
Good Morning! |
Dow, S&P Close Lower For Fifth Consecutive Session … Asian Stocks Rally on Optimism Toward Stimulus … Bond, Precious Metals ETFs Oversold, Short ETFs Overbought … Earnings on Deck for Today Include: BIG, COST, TOL …
Read Larry Connors’ and Cesar Alvarez’ Latest Book Now!
“This is a book that you will keep on your trading desk at all times because the quantified strategies presented have a very high probability of success, and that is what professional trading is all about.” – Kevin Haggerty, professional trader and former Head of Trading at Fidelity Capital Markets
|
TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- Big Lots
(
BIG |
Quote |
Chart |
News |
PowerRating) reports quarterly earnings Wednesday morning before the market opens. Analysts are expecting earnings per share of 93 cents. - Analysts are expecting 59 cents per share from Costco
(
COST |
Quote |
Chart |
News |
PowerRating) when it reports quarterly earnings Wednesday morning before the bell. - Also reporting before the bell on Wednesday is Toll Brothers
(
TOL |
Quote |
Chart |
News |
PowerRating). The home builder is expected to announce an EPS loss of 53 cents. - American Express
(
AXP |
Quote |
Chart |
News |
PowerRating) gained more than 6% on Tuesday, being one of the few financial stocks to advance on the session. AXP shares were buoyed by continued public intervention to unlock the credit markets, as well as by the company’s moves to reduce charge card limits. - Reporting earnings after the market closes on Wednesday is Weight Watchers
(
WTW |
Quote |
Chart |
News |
PowerRating). Analysts are expecting EPS of 0.52. - Among the standouts in technology was the performance of Dell
(
DELL |
Quote |
Chart |
News |
PowerRating) on Tuesday. Although on declining volume and increasingly overbought below the 200-day moving average, DELL gained more than 8% - Auto sales continued to remain weak, with General Motors
(
GM |
Quote |
Chart |
News |
PowerRating) reporting a sales decline of more than 50% from the previous year.
For a list of today’s highest PowerRating stocks, click here.
|
TradingMarkets 5 PowerRatings Stocks for Today |
|
Company
|
Symbol | PowerRatings |
| Anadys Pharmaceuticals | ANDS | 10 |
| Emergent Biosolutions Inc. | EBS | 9 |
| DRDGold Ltd. | DROOY | 9 |
| Aqua America Inc. | WTR | 9 |
| Wyeth Inc. | WYE | 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 |
PowerRatings, ETF Trading and Oversold Extremes – TradingMarkets
Larry Connors explains the main focus for creating our short term ranking system for stocks and ETFs. What is the difference between Short Term PowerRatings when it comes to stocks and Short Term PowerRatings when it comes to ETFs?
How to Use Candlesticks to Identify Support and Resistance – TradingMarkets
In a trading range, candlestick charting can be used to determine significant support and resistance points. TradingMarkets contributing writer Tina Logan help traders achieve an edge in today’s competitive market.
Using Gann to Trade the Main Trend – TradingMarkets
For the Gann analyst, creating a swing chart is an important first step. TradingMarkets contributor James Hyerczyk takes a look at the purpose, benefits and construction of the Gann trend indicator.
|
TradingMarkets Daily PowerRatings Analysis |
5 PowerRatings Stocks for the Next 5 Days – TradingMarkets
Looking for stocks that are likely to outperform the average stock over the next few days? Our 5 PowerRatings Stocks for the next 5 Days column is a great place to start.
Click here to sign up for Larry Connors’ Trading Lesson of the Day.