Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Close Lower … Illinois Governor Blagojevich Arrested on Corruption Charges … Asian Stocks Rally … Lawmakers, White House Move Toward Auto Aid Agreement, “Car Czar” … Technology
ETFs: XLK, IGW, ROM, SMH, USD Finish Higher on Tuesday …
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. target=”_blank”>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:
- Sony Corporation
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PowerRating) announced that it would cut 16,000 jobs as part of an overall cost-cutting strategy. - Lowered profit forecasts for 2009 from FedEx Corporation
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PowerRating), contributed to selling throughout the transportation industry, including truckers and other shippers. - Mixed in with the more traditional industrially oriented stocks expected to benefit from President elect Obama’s public infrastructure plan is networking king, Cisco Systems
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PowerRating) as more communities are wired for high-speed Internet access. - A final deal between the White House, Congress and the Big Three automakers of General Motors
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PowerRating), Ford Motor Company
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PowerRating) and Chrysler may involve the government taking equity stakes in the companies. - Citing a weakness in steel demand due to the credit crisis, Nucor Corporation
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For a list of today’s highest PowerRating stocks, target=”_blank”>click here.
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TradingMarkets 5 PowerRatings Stocks for Today |
target=”_blank”>View More Stocks |
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TradingMarkets Making Great Traders |
target=”_blank”>Anticipating Key Reversals – TradingMarkets
Despite the never ending media “new depression” scenarios, the major indexes closed in the green on Monday. But expect to see key reversals in the market this week, says Kevin Haggerty.
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Using Options to Trade Mean Reversion – TradingMarkets
TradingMarkets contributor Jared Woodard suggest one way of finding profitable mean reversion opportunities, and discuss how to use option spreads to trade those opportunities.
target=”_blank”>7 ETFs You Need to Know for Today
– TradingMarkets
Transportation stocks were in the spotlight on Tuesday as a number of shipping companies warned of softer profits in 2009. Among the most widely traded transportation ETFs is the iShares Dow Jones Transportation Average Fund.
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TradingMarkets Daily PowerRatings Analysis |
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The End or the Beginning? Swing Trading the Pullback – TradingMarkets
As stocks react to overbought conditions by selling off, find out what areas may still offer opportunities for stock and ETF trading.
target=”_blank”>Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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