Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Rally on Tuesday After Big Monday Sell-Off … Asian Stocks Higher … New Bidder Reported for Yahoo! … U.S. Automakers Plan Restructuring, Want Billions in Loans … Del Monte, Aeropostale, Collective Brands 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!
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TradingMarkets 7 Stocks You Need to Know for Wednesday |
Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
- The Wall Street Journal reported that a new bidder for Yahoo!
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PowerRating) was looking to buy some or all of the company. The bidder, Jonathan Miller, is a former CEO at AOL. - Ford Motor Company
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PowerRating) has produced a restructuring plan that calls for borrowing $9 billion. General Motors
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PowerRating) was up more than 14% late in trading on Tuesday. - Quarterly losses of up to $2 billion are feared when Goldman Sachs
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PowerRating) reports earnings next week on December 16. - Reporting earnings Wednesday morning before the market opens, Del Monte
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PowerRating) is expected to announce EPS of 0.12. - A lowered profit forecast and continued concerns of demand outstripping supply led to selling in Research in Motion
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PowerRating) on a day when stocks in general were higher.
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 |
| Aqua America | WTR | 8 |
| Sherwin Williams Company | SHW | 7 |
| Fairfax Financial Holdings | FFH | 7 |
| Family Dollar Stores | FDO | 7 |
| Tompkins Financial Corporation | TMP | 6 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Will This Rally Stick? – TradingMarkets
How tough has this market been to navigate recently? With one more month to go in this very eventful year, Gary Kaltbaum weighs in on the most volatile market ever, as well as, predictions for 2009.
Be sure to catch Gary Kaltbaum’s free, live Conference Call Wednesday at 1 p.m. Eastern at TradingMarkets.com! No holds barred commentary, incisive stock analysis, plus a look at the year to come. Click here to sign up!
Buy Weakness Below SPX 800 for Rally into Year End
– TradingMarkets
There was no reason not to expect a significant pullback this week, but the SPX mini meltdown yesterday was an unexpected fear move. Kevin Haggerty gives traders the heads-up on how to play the market into year end.
Have stocks bottomed? Kevin Haggerty explains it all Thursday afternoon at 12:30 p.m. Find out how pro trader and former head of the Fidelity Capital Markets trading desk is spotting money-making opportunities as 2008 ends and 2009 begins. Click here to save your spot on the call!
7 ETFs You Need to Know for Today – TradingMarkets
Financial stocks like Citigroup and Bank of America were among the stronger Dow stocks on Tuesday. Both stocks are holdings in the Financial Select Sector SPDRS exchange-traded fund.
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TradingMarkets Daily PowerRatings Analysis |
Back from the Brink? Swing Trading the Market’s Next Move – TradingMarkets
With stocks and ETFs poised between overbought and oversold conditions, should rallies continue to be sold?
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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