Wednesday Morning Coffee with TradingMarkets
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Good Morning! |
U.S. Stocks Soar on Fed Announcement … FOMC Lowers Rate to “Range” of 0% to 0.25% … Financials Lead Markets Higher … SEC Faulted for Not Catching Madoff Earlier … Morgan Stanley, Nike, General Mills, ConAgra Report Earnings 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:
- Goldman Sachs
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PowerRating) reported its first quarterly loss since going public in 1999. Traders shrugged off the news, however, sending the stock higher even before the FOMC-induced rally later in the day. - Announcing their quarterly earnings after the market closed on Tuesday, Adobe Systems
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PowerRating) beat analyst estimates by two cents. - Baidu.com
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PowerRating), the most popular Chinese search engine was upgraded from “neutral” to “conviction buy” by Goldman Sachs on Tuesday. - Nike
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PowerRating) reports earnings Wednesday after the market closes. Analysts are expecting EPS of 78 cents. - Also reporting quarterly earnings on Wednesday are General Mills
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PowerRating) and ConAgra
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PowerRating). General Mills is expecting to report EPS of 1.23, while ConAgra is expected to announce earnings per share of 0.37. - Morgan Stanley
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PowerRating) reports quarterly earnings Wednesday morning before the market opens. Analysts are expecting an earnings per share loss of 34 cents.
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 |
| Questcor Pharmaceuticals | QCOR | 8 |
| Nash-Finch Company | NAFC | 8 |
| Volcano Corporation | VOLC | 7 |
| ProShares Short MSCI EAFE | EFZ | 7 |
| Diamond Foods | DMND | 7 |
| View More Stocks |
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TradingMarkets Making Great Traders |
Key Inter-Market Trading Relationships
– TradingMarkets
With only 10 trading days left in 2008, Kevin Haggerty comments on why market interrelationships is key to trading success.
6 ETF Families – Which Fits You Best? – TradingMarkets
Exchange Traded Funds have become extremely popular over the last few years. TradingMarkets own David Goodboy provides a brief overview of the 6 primary ETF families so that you can choose which family and ETF best fits your strategy, outlook and investment objectives.
7 ETFs You Need to Know for Today – TradingMarkets
Financial stocks were among the biggest beneficiaries of the Fed’s decision to lower its target rate to historic lows on Tuesday. This means big moves in financial-related exchange-traded funds like the Financial Select Sector SPDRS ETF.
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TradingMarkets Daily PowerRatings Analysis |
The 5-Day Moving Average: Swing Traders and Smart Exits – TradingMarkets
For traders who buy on pullback, good exits are the product of good entries. See why in today’s Daily PowerRatings Analysis column.
Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!
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