Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
Stocks Surge in Oversold Rally … Euro Slides Versus Dollar As Credit Crisis Hits Europe … FDIC Seeks Deposit Insurance Limit Increase Authority … Senate Plans Bailout Bill Vote This Week … Research in Motion, Amazon.com Soar
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!
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TradingMarkets 7 Stocks You Need to Know for Wednesday |
Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
- Warning that selling in the stock was “overdone”, Goldman Sachs
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PowerRating) suggested that Apple
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PowerRating) should reach $145 per share over the intermediate term. - Representative of the bullishness in tech stocks on Tuesday, Research in Motion
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PowerRating) gained more than 10%, largely retracing Monday’s losses. - Gapping down more than 9 points on the open, shares of Wachovia
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PowerRating) nevertheless rallied all day on Tuesday, finishing the session up more than 90%. - Huntsman
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PowerRating) soared by more than 70% on news that a judge had ordered Hexion Specialty Chemical Company to honor a $6.5 billion buyout agreement to purchase the chemical company. - Bank of America
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PowerRating) was one of the few Dow stocks to have a positive September. BAC was up more than 15% on Tuesday. - Shares of Sovereign Bank
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PowerRating) soared by more than 80% on news that the savings and loan was replacing its CEO.
For a list of today’s highest PowerRatings stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| La-Z-Boy Inc. | LZB | 9 |
| Conns Inc. | CONN | 9 |
| Viasat Inc. | VSAT | 8 |
| Tenet Healthcare Corporation | THC | 8 |
| Synovis Life Technologies Inc. | SYNO | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Longer Term Equity Allocation – TradingMarkets
The media hype machine is calling this the “Second Depression”, but what it is a time for added caution. Here’s Kevin Haggerty’s opinion on how the smart traders can keep up with the Smart Money.
Classic Bear Market Action – TradingMarkets
The markets are tough, but Gary Kaltbaum has full confidence in the United States economy. It’s weathered a lot in the past, and now he’ll tell you why the bull market will return… eventually.
7 ETFs You Need to Know for Wednesday – TradingMarkets
As the smoke cleared from Monday’s massive selloff, the following day revealed Brazilian, Asian, and other overseas ETFs among the clear winners.
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TradingMarkets Daily PowerRatings Analysis |
Buying the Oversold, Selling the Overbought: 2 Simple Rules for Swing Traders – TradingMarkets
Tough times call for tough traders – and for simple short term trading strategies that have stood the test of time.
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