Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
Dow Closes Up 150+ in Late Rally … Hewlett-Packard Surprises with Positive Earnings Pre-announcement … Paulson and Bernanke Face Congressional Grilling … Big 3 Automakers Plead for Loan, Cite Restructuring Efforts Underway … Yahoo Begins CEO Search
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:
- With Jerry Yang stepping down as Yahoo!
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PowerRating) CEO, unresolved deals such as the company’s plan to buy Time Warner’s AOL unit, are likely to be revisited. - BJs Wholesale
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PowerRating) reports earnings Wednesday morning before the market opens. Analysts are expecting EPS of 0.46. After the bell on Wednesday, Men’s Wearhouse
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PowerRating) is expected to announce quarterly earnings per share of 24 cents. - InBev received the final approval to complete its $52 billion dollar acquisition of Anheuser-Busch
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PowerRating). - The CEOs of Ford Motor Company
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PowerRating), General Motors
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PowerRating) and Chrysler testified before Congress in favor of $25 billion in loans to avoid a collapse of the U.S. auto industry. - Hewlett-Packard
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PowerRating) beat quarterly analysts earnings estimates in a pre-announcement that also included a positive forecast despite widespread fears of a global PC sales slowdown in 2009.
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 |
| Life Partners Holdings Inc. | LPHI | 9 |
| Unifi Inc. | UFI | 8 |
| Standex International Corp. | SXI | 8 |
| Thoratec Corporation | THOR | 8 |
| Bank of the Ozarks | OZRK | 8 |
| View More Stocks |
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TradingMarkets Making Great Traders |
1st Hour Reversal Strategies – TradingMarkets
With crude oil hitting a low on Monday, Kevin Haggerty believes that energy stocks must remain a key focus for day traders. See his commentary on the energy sector, as well as, his 1st hour reversal strategies.
How to Trade Diamond Top Reversals
– TradingMarkets
Doesn’t matter what market, symbol or chart setting involved: diamond patterns appear regularly and predictably. TradingMarkets contributor Austin Passamonte discusses how traders can spot this simple pattern formation.
Up or Down Stock Picker Wins $1,000 – TradingMarkets
Winners of the TradingMarkets Up or Down Stock Contest come from all walk of life, and our October TradingMarkets Stock Picker of the Month, Kim Nash was no different.
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TradingMarkets Daily PowerRatings Analysis |
Bottom or Breakdown? Swing Trading the Range – TradingMarkets
Was the late rally on Tuesday evidence of a successful test of the lows? Find out how swing traders can continue to effectively trade this range-bound market.
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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