Wednesday Morning Coffee with TradingMarkets

Good Morning!

Barack Obama Wins U.S. Presidential Election … Stocks Advance in Election Day Rally … Euro Moves Lower on Continued Rate Cut Prospects … Devon Energy, Medco Health Solutions, Time Warner 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 Wednesday

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

  • Reporting quarterly earnings Wednesday before the market opens, Time Warner
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    is expected to announce earnings per share of 0.27.

  • Goldman Sachs
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    suggested that passage of a number of statewide gambling initiatives on Election Day could represent a challenge for shares of Penn
    National Gaming

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    . The stock was lower by more than 2% late in trading on Tuesday.

  • Shares of General Electric
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    broke out to a new 7-day high below the 200-day moving average on Tuesday.

  • A new advertising agreement between Yahoo!
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    and Google
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    suggests the revised ad pact will yield both limited profits and limited duration. Yahoo! was up more than 3% on Tuesday while Google was ahead by nearly 5%.

  • Cisco Systems
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    reports quarterly earnings Wednesday after the market closes. Analysts are expecting EPS of 0.39.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
ProShares UltraShort Russell Midcap SDK 9
ProShares UltraShort Semiconductors SSG 8
ProShares Short S&P 500 SH 8
ProShares UltraShort Technology REW 8
ProShares UltraShort QQQ QID 8

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