Wednesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Markets Bounce, Begin Retracement of Monday’s Decline … Financials Lead Among Sectors as Health Care Pulls Back … Euro, Pound Gain Against Greenback … Most ETFs Move to Neutral Territory on Tuesday Rally … Most Oversold Dow Stocks Include: BA, JNJ, VZ, MRK, DIS …

Click here to 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:

  • Deere & Co
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    , has traders waiting for an EPS of 57 cents for the fiscal third quarter 2009 before trading starts on Wednesday.

  • The long time fashion house of Perry Ellis
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    is hoping its loss isn’t worse than 57 cents/share for the fiscal second quarter of 2010 Wednesday before the bell.

  • BJ’s Wholesale Club
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    has its sights set on a fiscal second quarter 2010 EPS of 62 cents prior to the trading day on Wednesday morning.

  • Sometimes hot teen retailer, Hot Topic
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    , has analysts waiting to see a loss of 8 cents for the fiscal second quarter 2010 once trading ends.

  • Petsmart
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    has traders looking for 29 cents/share for the fiscal second quarter 2010 Wednesday after the bell.

  • The other citi, Citi Trends
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    , is expecting to see fiscal second quarter earnings 2010 of 5 cents Wednesday after the close.

  • Kids gym specialist, Gymboree
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    , has forecast fiscal second quarter 2010 results of 38 cents revealed at the end of trading.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Digital Realty Trust DLR 10
Federal-Mogul Corporation FDML 10
Williams-Sonoma Inc. 9
Ryder System Inc. R 9
Boeing Company BA 8

View More Stocks

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TradingMarkets Making Great Traders

TradingMarkets

What are the best ETFs to trade and why do we trade the ones in our system? We often get questions about the list of ETFs we use in or Daily Battle Plan. Here are some simple guidelines to follow.

TradingMarkets

Anyone with a few trades under their belt will tell you – letting your emotions take over is like a boxer dropping his gloves to a haymaker. Here is the 3rd and final installment in Markus Heitkoetter’s guide to trading without emotions.


Allocating Money in the Market at Higher Rates of Return
TradingMarkets

Richard Miller demonstrates a technique that utilizes the sell off following an earnings report, something we’re seeing frequently these days.

TradingMarkets 7 ETFs You Need to Know for Today


Equity Index ETFs Edge Higher, Led by Financials; Neutral Conditions Abound
TradingMarkets

Financials were the ETF sector leaders of the day with such widely traded funds as the Financial Select Sector SPDR ETF up 2% late in trading. Also gaining more than 5% intraday were shares of the Direxion Daily Financial Bull 3x Shares ETF.

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