Wednesday Morning Coffee with TradingMarkets

Good Morning!

U.S. Markets Edge Higher, Finish Off Intraday Highs … Top Stock PowerRatings Stocks for Today Include: ACLI, ETM, WFMI … VIX Stretch Below 10-Day Moving Average Remains Above 5% As Rally Becomes Overextended … Dollar (UUP) Again Overbought as Gold (GLD, IAU) Continues Pullback … Top ETF PowerRatings Funds for Wednesday Include: TYP, UGL, BND ….

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TradingMarkets 7 Stocks You Need to Know for Today

Here are 7 stocks for traders for today from TradingMarkets.com:

  • A hefty $4.65 per share is expected prior to trading for ^BONT^.
  • Candy maker, Cadbury plc ^CBRY^, announces before the open with a forecast EPS not revealed.
  • ^PLCE^ has traders awaiting $1.03/share prior to the opening bell.
  • Ski resort operator, ^MTN^, hopes its EPS beats the consensus estimate of $1.13.

  • An over-hyped ^CSCO^ router failed to energize tech bulls upon release.

  • Rumors are sweeping the street that ^AIG^ will soon divest more divisions.
  • ^XOM^ is digging deeper to locate unconventional assets to get an edge over their competitors.

For a list of today’s highest PowerRating stocks, click here.

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Aegean Marine Petroleum Network ANW 9
Whole Foods Market Inc. WFMI 9
Airgas Inc. ARG 9
American Commercial Lines Inc. ACLI 8
Culp Inc. CFI 8
View More Stocks

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Stock PowerRatings. The highest rated 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 Making Great Traders


TradingMarkets Most Overbought and Oversold ETFs for Wednesday
TradingMarkets

This week’s overbought and oversold ETFs for Wednesday’s trading includes the DB Gold Double Long ETN, DGP.


Should I Enter Positions at the Close or Can I Wait Until the Next Day’s Open?
TradingMarkets

Larry Connors addresses a question that is often asked by most traders: whether or not it makes a difference to take a signal at the close or simply wait until the next day’s open.


ETF PowerRatings: High Probability Trading Goes for the Gold in GLD, DGP, DZZ
TradingMarkets

For Tuesday’s trading, one place where high probability traders may want to look for markets that have already become oversold is the gold patch. Take a look at this trio of gold-related funds.

TradingMarkets 7 ETFs You Need to Know for Today

Gold ETFs Remain Among Most Oversold: GLD, IAU, DGPTradingMarkets

Today marks the one-year anniversary of the 2009 bear market low, with the Dow up 61.2%, the S&P 500 up 68%, and the NASDAQ up 84%. Resonant of their leading index gains, technology ETFs led the day’s trading.

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