Wednesday Morning Coffee with TradingMarkets

  • June 24, 2009
  • David Penn

Good Morning!

Stocks Ease Sideways, Remain Oversold … S&P 500 Outperforms Dow, Nasdaq as Financials, Materials Stocks Lead … Japanese Stocks Advance … Dollar Retreats Against Euro … Most Oversold ETFs for Today Include: FXI, EZA, EWW …

Click here to pre-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:

  • Oracle Corporation
    (
    ORCL |
    Quote |
    Chart |
    News |
    PowerRating)     beat analyst estimates after the bell on Tuesday with a fourth quarter EPS of 46 cents.

  • The world’s largest owner of full-service dining restaurants, Darden Restaurants
    (
    DRI |
    Quote |
    Chart |
    News |
    PowerRating)    , will host its fourth quarter earnings call at 8:30 a.m. Earnings per share increased by 21% to 87 cents during the quarter.

  • Sport shoe maker, Nike
    (
    NKE |
    Quote |
    Chart |
    News |
    PowerRating)     will announce its fourth quarter results after the close on Wednesday, with analyst estimating EPS of 96 cents.

  • Reporting third quarter earnings before the market opens on Wednesday, Monsanto
    (
    MON |
    Quote |
    Chart |
    News |
    PowerRating)     is expected to report per share earnings of 1.17.

  • Memory chip maker, Rambus
    (
    RMBS |
    Quote |
    Chart |
    News |
    PowerRating)     cuts its second quarter forecast on Tuesday.

  • Home builders climbed on Tuesday with Meritage Homes
    (
    MTH |
    Quote |
    Chart |
    News |
    PowerRating)     and Lennar Homes
    (
    LEN |
    Quote |
    Chart |
    News |
    PowerRating)     participating in the gains.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
 Symbol PowerRatings
Boeing Company BA 9
Chicago Mercantile Exchange CME 9
The Walt Disney Company 8
eBay Inc. EBAY 8
Research in Motion RIMM 8

View More Stocks

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TradingMarkets Making Great Traders


Here are the Types of Trades That Will Make You the Most Money in the Future – TradingMarkets

Winning trades are always nice, but Losing trades can provide you with greater wisdom than the winners. Larry Connors explains why.

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With only 6 trading days remaining to the end of this quarter, Kevin Haggerty comments on what’s working in the current market and what’s not.

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One of the most challenging skills in becoming a successful trader is maintaining objectivity in trades. TradingMarkets contributor Doug Hirschhorn discusses a clear and defined path you can follow to re-gaining your objectivity.

TradingMarkets Daily PowerRatings Analysis

Too Busy To Trade? A PowerRatings Trading Strategy for Part Time Traders – TradingMarkets

How can traders with little time on their hands tailor the amount of trading activity they do? Here are a few PowerRatings trading strategies
for traders who want to keep their trading frequency relatively low.

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