Wednesday Morning Coffee with TradingMarkets
 |
Good Morning! |
S&P 500, Dow Rally for Third Straight Day … Toyota Cut from AAA to AA on Soft Auto Sales … Homebuilders Rally on Fed $600 Billion Assistance Plan … Yen Up on Fear of Fading Carry Trade … Markets Closed on Thursday for Thanksgiving Holiday
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:
- Warning that the selling in shares of Google
(
GOOG |
Quote |
Chart |
News |
PowerRating) was excessive, Barclays analysts pointed to a rebound in search advertising as a positive catalyst going forward. - Goldman Sachs
(
GS |
Quote |
Chart |
News |
PowerRating) and Morgan Stanley
(
MS |
Quote |
Chart |
News |
PowerRating) are the two banks taking the lead in selling FDIC-guaranteed debt. - In a cost-cutting effort, Cisco
(
CSCO |
Quote |
Chart |
News |
PowerRating) said that the company plans to shut down during the final week of the year. The move is expected to help save Cisco $1 billion. - Fears that Research in Motion
(
RIMM |
Quote |
Chart |
News |
PowerRating) might miss its subscriber goals for the quarter ending in November led to selling in the stock on Tuesday. - Shares of E*Trade Financial
(
ETFC |
Quote |
Chart |
News |
PowerRating) soared on optimism that the online brokerage firm would be able to access funds from the Federal Troubled Asset Relief Program or TARP. - Deere
(
DE |
Quote |
Chart |
News |
PowerRating) reports quarterly earnings Wednesday morning before the markets open. Analysts are expecting EPS of 0.99.
For a list of today’s highest PowerRating stocks, click here.
|
TradingMarkets 5 PowerRatings Stocks for Today |
|
Company
|
Symbol | PowerRatings |
| ProShares UltraShort Russell 2000 | TWM | 8 |
| Rydex Inverse 2X S&P 500 | RSW | 8 |
| ProShares UltraShort Consumer Svcs | SCC | 8 |
| ProShares UltraShort Industrials | SIJ | 8 |
| ProShares UltraShort QQQ | QID | 8 |
| View More Stocks |
|
TradingMarkets Making Great Traders |
One Goal: Inflate Asset Prices – TradingMarkets
$300 billion to CITI and today another $800 billion program to bailout the U.S. financial system. Gary Kaltbaum weighs in on the markets reaction to the government induced bubble.
How I Use Momentum In Forex Trading
– TradingMarkets
Often times there is a pattern in our current trending markets whereby the pairs consolidate for quite a period of time after a series of impulsive/trending moves, refer to as the ‘Momentum Box’. Forex trader Chris Capre explains how to trade momentum, and when to exit the position.
7 ETFs You Need to Know for Today – TradingMarkets
Up dramatically were homebuilding stocks, boosted by the Fed’s plan to provide up to $800 billion to unlock consumer and small business credit markets. Wednesday’s ETFs includes SPDRS S&P Homebuilders ETF.
|
TradingMarkets Daily PowerRatings Analysis |
PowerRatings, ETF Trading: Revenge of the Short Funds – TradingMarkets
With the Dow and S&P 500 both up for three days in a row, are these overbought markets exactly what swing traders have been waiting for?
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
Click here to sign up for the Morning Coffee with TradingMarkets newsletter.