Wednesday Morning Coffee with TradingMarkets
 |
Good Morning! |
U.S. Stocks Edge Higher, Financials, Tech Lead … Obama Backs Bankruptcy for GM, Chrysler … Asian Markets Advance on Commodity Gains, Confidence Toward Chinese Stimulus Efforts … Top ETFs Over the Past Seven Days Include: FAS, SRS, SKF, EDC, REC …
|
TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
- The new interim CEO for General Motors
(
GM |
Quote |
Chart |
News |
PowerRating), Fritz Henderson, said that the automaker could meet the objectives set by the government’s auto task force within 60 days. - Financial stocks provided leadership again for the markets, with Bank of America
(
BAC |
Quote |
Chart |
News |
PowerRating) gaining more than 12% and Citigroup
(
C |
Quote |
Chart |
News |
PowerRating) adding more than 9%. - Google
(
GOOG |
Quote |
Chart |
News |
PowerRating) will reportedly invest $100 million in the first year of its new venture capital fund. The fund is called Google Ventures and will look to invest in a variety of business on and off the Internet. - Sony
(
SNE |
Quote |
Chart |
News |
PowerRating) announced that it was lowering the price on its PlayStation 2 to $99 in an effort to maintain customer loyalty among more casual and family-oriented video game players. - Due to fears of salmonella contamination, Kraft Foods
(
KFT |
Quote |
Chart |
News |
PowerRating) recalled its products containing pistachio nuts. The investigation centers around a California processing plant. - Late in the day on Tuesday, the Wall Street Journal reported that Dell
(
DELL |
Quote |
Chart |
News |
PowerRating) was considering using Android software from Google in its line of low-cost notebook computers.
For a list of today’s highest PowerRating stocks, click here.
|
TradingMarkets 5 PowerRatings Stocks for Today |
|
Company
|
Symbol | PowerRatings |
| WGL Holdings Inc. | WGL | 8 |
| Universal Forest Products Inc. | UFPI | 8 |
| Pap John’s International Inc. | PZZA | 8 |
| Leap Wireless International | LEAP | 8 |
| Sun Microsystems | JAVA | 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 |
Options Trading Strategies for Expiration Day – TradingMarkets
Larry Connors refers you to a new trading book by Jeff Augen which gives an in-depth coverage of options strategies, particularly strategies to trade options on expiration day.
Inflection Point – TradingMarkets
Will the market attempt a rally after yesterday’s sell-off? Gary Kaltbaum weighs in on the market’s initial strengths and weaknesses in anticipation for a month end rally.
Managing Candlestick Trades Successfully – TradingMarkets
Why do candle charts attract so many traders serious about increasing profits and decreasing risk? TradingMarkets contributing writer Steve Nison details why candle charts are the top choice for the world’s most successful traders.
|
TradingMarkets Daily PowerRatings Analysis |
PowerRatings: Smart Profit-Taking, or Smarter Buying? – TradingMarkets
After two days of selling, a few sellers were left selling at even lower prices. Find out what lower prices mean for PowerRatings traders in today’s column featuring three new high Short Term PowerRatings stocks!
Click here to sign up for Larry Connors’ Trading Lesson of the Day.