Wednesday Morning Coffee with TradingMarkets

Good Morning!

Stock End Tuesday Lower … Apple Earnings Soar on iPhone Sales … Wells Fargo to Reduce Deposits Per Bank Merger Law … Kerkorian Considers Selling Stake in Ford … Boeing, General Dynamics, GlaxoSmithKline Report Earnings Today

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!

TradingMarkets 7 Stocks You Need to Know for Today

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

  • AT&T
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    reports earnings Wednesday morning before the market opens. Analysts are expecting EPS of 0.71.

  • Eli Lilly
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    agreed to take a $1.4 billion charge as part of the fall-out from the probe into the marketing of its schizophrenia drug, Zyprexa.

  • Job cuts and increased international sales, helped boost profits at Pfizer
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    , which beat analyst estimates for quarterly earnings.

  • Analysts are expecting earnings per share of 3.06, when ConocoPhillips
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    reports earnings Wednesday before the bell.

  • Goldman Sachs
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    called Citigroup
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    a “sell”, warning that the company may not be profitable until late 2009.

  • Amazon.com
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    reports earnings Wednesday after the close. Analysts are expecting EPS of 0.25.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
ProShares UltraShort Midcap Russell Value SJL 8
ProShares UltraShort Russell 1000 Value SJF 8
ProShares UltraShort Utilities SDP 8
NCI Inc. NCIT 7
Transmeta Corporation TMTA 7

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