Wednesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Markets Pull Back as Dow Drops 104 … QQQQ Closes Lower for 5th Consecutive Day … Energies, Commodities Most Oversold Sectors … Silver (SLV) Slides Nearly 3%, Leading Gold (GLD), Crude Oil (USO) Lower … VIX Stretch Above 10-Day Moving Average Clears 6% … Top ETF PowerRatings Funds for Today Include: XOP, IAI, EWC, BIK, VGK …

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • Watch maker, Movado Group
    (
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    , has forecast an EPS of 62 cents prior to the open.

  • A predicted loss of 75 cents/share is haunting Jackson Hewitt Tax Services
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    prior to the open.

  • Lulelemon Athletica
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    has its eyes set on an EPS of 19 cents after the close.

  • The largest gold producer, Barrick Gold
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    , continues to fall on gold’s decline.

  • Fast food giant, McDonald’s
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    , reported comparable store sales declining in the United States but climbing worldwide.

  • M&T Bank
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    bucked the down trend today climbing on a SunTrust Robinson upgrade.

  • Shares of Texas Instruments
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    slid on Tuesday despite the company’s assurance revenues and profits would be at the upper end of their project range for the fourth quarter.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Amazon.com Inc. AMZN 9
Abercrombie & Fitch ANF 9
Jazz Pharmaceuticals Inc. JAZZ 9
Siga Pharmaceuticals Inc. 9
Arch Coal Inc. ACI 9

View More Stocks

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TradingMarkets Making Great Traders


Learn How to Trade ETF Funds Successfully: TPS and the Science of Scaling-In
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What is the best way to trade ETF funds successfully? The answer is clear in this primer on high probability ETF trading strategies, which features an introduction to our top short-term, scale-in ETF trading strategy: TPS.


Haggerty: The RST Strategy Week
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There is no surprise that the market is churning right now, but there has been enough trading volatility within the range for daytraders to make significant gains on these extended volatility strategies.


Using Weekly Charts for Crystal Clear Stock Analysis
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Using weekly charts, trades are able to step back from day-to-day market noise and see the big picture more clearly.

TradingMarkets 7 ETFs You Need to Know for Today

Equity Index ETFs Plunge Into Oversold Territory While Brazil, China Drop 2%TradingMarkets

Blue chips lagged relative to smaller cap stocks in Tuesday’s trading leaving many down over 1% at the close. The 7 ETFs for Wednesday’s trading includes the ProShares Ultra Oil & Gas ETF, DIG, which dropped almost 4%.

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