Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
AIG Gets $85 Billion Federal Loan as Government Becomes Majority Shareholder … Samsung Makes $5.85 Hostile Bid for SanDisk … Barclay’s Purchases Lehman’s North American Investment Bank Business … Fed Keeps Funds Rate at 2.0%, Bank of Japan Holds at 0.5% … House Passes Offshore Drilling Measure …
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:
- Falling crude oil prices continue to be a boon for airlines stocks with Delta Airlines
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PowerRating) up more than 23% and Continental Airlines
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PowerRating) gaining nearly 13%. - Morgan Stanley
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PowerRating) reported quarterly earnings after the market closed on Tuesday, beating analyst’s estimates by a wide mark of more than 50 cents. - Warning of weakness in global demand, Dell Inc.
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PowerRating) shares were lower by more than 11% on the day. - In a potential change of heart, the Federal Reserve has said that it is open to a loan package to help struggling insurer, American International Group
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PowerRating). - Shares of Hewlett-Packard
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PowerRating) soared by more than 6% on Tuesday as traders applauded the company’s cost cutting plans – including the elimination of thousands of jobs. - Third quarter profits for Goldman Sachs
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PowerRating) fell by more than 70% the company reported on Tuesday.
For a list of Wednesday’s highest PowerRating stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Wednesday |
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Company
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Symbol | PowerRatings |
| IXYS Corporation | IXYS | 9 |
| Adaptec Inc. | ADPT | 8 |
| LSI Corporation | LSI | 8 |
| Synaptics Inc. | SYNA | 8 |
| Activision Blizzard Inc. | ATVI | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
How to Recognize Market Capitulation – TradingMarkets
Shares of American International Group fell 48 percent in trading after the bell on Tuesday. As the banking sector continues to tumble in wake of AIG’s cut down, market experts are increasingly talking capitulation. Trader and presenter at TradingMarkets 2008 Bennett McDowell helps you make sense of the sell-off.
The Eye of the Derivative Meltdown – TradingMarkets
The fall of Lehman Brothers, sale of Merrill Lynch, and cut down of American International Group affects many different areas of the market, here’s an in depth look at what those are.
7 ETFs You Need to Know for Wednesday – TradingMarkets
The best performers among ETFs today were those concentrated on Emerging Markets and financial stocks beat down from Monday’s steep sell-off. Among these were the iShares Hong Kong Index ETF, EWH, which was up over 3%.
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TradingMarkets Daily PowerRatings Analysis |
Swing Trading the Bounce: 5 Stock for Traders – TradingMarkets
More 8-rated stocks than 9-rated stocks in our Top 25 PowerRatings Stocks means that resumed selling will be required to bring stocks back to bargain levels.
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