Wednesday Morning Coffee with TradingMarkets

  • September 23, 2009
  • David Penn

Good Morning!

U.S. Stocks Edge Higher, Rebound from Short Term Oversold Conditions … VIX Stretch Below 10-Day Nears 3% as Complacency Returns … December Crude, Silver and Gold Rally … Top Oil ETFs Include: USO, OIL, DBO … Top Precious Metals ETFs Include: GLD, DGP, SLV …

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TradingMarkets 7 Stocks You Need to Know for Today

Here are 7 stocks for traders for today from TradingMarkets.com:

  • An incredible $4.45/share is the expected fiscal fourth quarter 2009 EPS for AutoZone
    (
    AZO |
    Quote |
    Chart |
    News |
    PowerRating)     on Wednesday prior to trading.

  • General Mills
    (
    GIS |
    Quote |
    Chart |
    News |
    PowerRating)     has its eye on an EPS of $1.03 for its fiscal first quarter 2010. GIS will announce before the bell on Wednesday morning.

  • Internet bubble darling and survivor, Red Hat
    (
    RHT |
    Quote |
    Chart |
    News |
    PowerRating)    , is forecast to see an EPS of 11 cents for its fiscal second quarter 2010 after the close Wednesday

    evening.

  • 34 cents/share is the anticipated number at Paychex Inc
    (
    PAYX |
    Quote |
    Chart |
    News |
    PowerRating)     for its fiscal 1st quarter 2010 after trading ends on Wednesday.

  • Bed Bath & Beyond
    (
    BBBY |
    Quote |
    Chart |
    News |
    PowerRating)     has traders expecting fiscal second quarter 2010 earnings of 48 cents/share. BBBY will announce on Wednesday after the

    close.

  • Cintas Corp
    (
    CTAS |
    Quote |
    Chart |
    News |
    PowerRating)     is expecting to see an EPS of 40 cents for the fiscal first quarter 2010 after the session ends Wednesday.

  • 40 cents/share is the forecast first quarter 2010 results for Comtech Telecommunications
    (
    CMTL |
    Quote |
    Chart |
    News |
    PowerRating)    . CMTL will reveal on Wednesday after 4:00 PM EST.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Unisys Corporation UIS 9
Kansas City Southern KSU 9
Legg Mason Corporate Unit 9
Dell Inc. DELL 8
Novatel Wireless Inc. NVTL 8

View More Stocks

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TradingMarkets Making Great Traders


The TRIN: An Indicator to Tell You if the Market is Heading Higher – TradingMarkets

One of the market timing indicators which has proven successful over the years is the TRIN. Learn these quantified ways to use the TRIN, especially now that the

market is above the 200-day.

TradingMarkets

Understanding trends in the marketplace is an important aspect of investing. TradingMarkets contributor Michael Parness gives a stream of expert advice on

never-ending market trends.

TradingMarkets

Did you know you could save thousands of dollars per year in your trading activities just by being slightly more efficient with your trade entries? Here’s how to

improve your trade execution skills.

TradingMarkets 7 ETFs You Need to Know for Today

Financial ETFs Gain 2%, Energy ETFs Up More than 1% as Overbought Conditions Return – TradingMarkets

Financial sector ETFs and energy ETFs were both on the move higher Tuesday. On our list of 7 exchange-traded funds to watch for Wednesday’s trading there’s Direxion Daily Financial Bull 3x Shares ETF, FAS.

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