Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
Stocks Suffer Worst 2-Day Slide Since 2002 … Bernanke Threatens Recession Without Bailout … Short Sale Restrictions Crimp Options Trading … Berkshire Hathaway To Invest $5 Billion in Goldman Sachs … T-Mobile Unveils Google-Powered Smartphone
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:
- T-Mobile introduced the first mobile phone that runs on Android, software created by Google Inc.
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GOOG |
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PowerRating), on Tuesday. - Down more than 7% on the day, General Motors
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GM |
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PowerRating) was the biggest loser in the Dow industrials on a percentage basis. - Reporting earnings Wednesday morning after the market opens, Nike Inc.
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NKE |
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PowerRating) is expected to announce quarterly earnings of 0.92. - Predictions of a slow holiday shopping season encouraged traders to sell shares of Amazon.com
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AMZN |
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PowerRating), which was down more than 3% on Tuesday. - Down more than 4%, General Electric
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GE |
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PowerRating) was among the companies added to the Securities and Exchange Commission’s temporary short sale ban list. - Bristol Myers Squibb
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BMY |
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PowerRating) raised its offer for Imclone Systems
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IMCL |
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PowerRating) to $62 per share on Tuesday.
For a list of today’s highest PowerRating stocks, click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
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Company
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Symbol | PowerRatings |
| Radio Shack Corporation | RSH | 9 |
| Western Alliance Bancorporation | WAL | 8 |
| ResMed Inc. | RMD | 8 |
| Old National Bancorp | ONB | 8 |
| Hibbett Sports Inc. | HIBB | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
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What To Do with Large Bid/Ask Spreads – TradingMarkets
Understanding the forces that move stock prices is part of being a good trader. TradingMarkets contributor Chris Fernandez outlines the basics of the bid-ask spread to help you make sound trades.
7 ETFs You Need to Know for Today – TradingMarkets
Financial and basic materials ETFs were both on the retreat late in trading on Tuesday, while emerging markets-related ETFs pulled back.
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TradingMarkets Daily PowerRatings Analysis |
Beyond the Bailout: 5 Stocks for Swing Traders – TradingMarkets
Knowing where to look for the stocks that are most likely to be higher in the near term is the first step toward trading stocks that are most likely to be higher in the near term.
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