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Good Morning! |
Stocks Give Back Much of Tuesday's Gains... Commodity Prices Tumble... Visa Soars on Market Debut... FedEx Beats Estimates... Nike Profit Up... Cintas Misses Estimates, Issues Mixed Outlook... Credit Suisse Expects Quarterly Loss... Citigroup to Cut Securities Employees by 5%... Initial Claims Rise.
Asian stocks down... European stocks down... Dollar rises... And the futures are pointing to a higher open.
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TradingMarkets 5 Business Stories You Need to Know |
FedEx Sees 'Limited' Growth Ahead - Wall Street Journal
FedEx posted lower quarterly net and said fuel costs and a weakened economy will continue to pressure results.
Credit Suisse Sees First-Quarter Loss After Writedown - Bloomberg
Credit Suisse expects to post its first quarterly loss since 2003, after writing down debt securities that were deliberately mispriced by traders.
Commodities: Latest Boom, Plentiful Risk - New York Times
The booming commodities market has become increasingly attractive to investors, with hard assets like oil and gold perhaps offering a safe hedge against inflation, as well as the double-digit gains that have fast been disappearing from the markets for stocks, bonds and real estate.
Borders May Sell Firm, Suspends Dividend - CNN Money
Borders Group became the latest retailer to signal distress, saying it has suspended its dividend and hired JPMorgan Chase and Merrill Lynch to help the bookseller explore its options as the credit crunch has all but cut off avenues to raise capital.
Why Visa's IPO Is Hot - Time
It has been widely noted that the current dovetailing of the largest initial public offering in U.S. history and a panic-fueled recession seems counterintuitive.
For more stories as they happen, go to our Breaking News section.
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TradingMarkets 7 Stocks You Need to Know for Today |
Here are 7 stocks for traders for today from TradingMarkets.com:
For a list of today's highest PowerRating stocks, click here.
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TradingMarkets 5 Top PowerRatings Stocks for Today |
Company |
Symbol |
PowerRatings |
| Trico Marine Services |
TRMA |
8 |
| Savient Pharmaceuticals |
SVNT |
8 |
| Sunrise Senior Living |
SRZ |
8 |
| iShares Silver Trust |
SLV |
8 |
| Petroleo Brasileiro S.A.Petrobras |
PBR |
8 |
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TradingMarkets Tracking the Wizards |
Intraday Weakness and the Power of Patience - TradingMarkets
Buying stocks on intraday weakness takes more than a method. It takes a trader willing to wait for stocks to "come to them" before striking.
Free Report! The Only 3 Options Trading Strategies You'll Ever Need - TradingMarkets
There may be as many ways to trade the market as there are traders who want to do so. But the difference between the professionals and the amateurs when it comes to trading is that the majority of professional traders know that the edge lies in buying markets when they are weak and selling them when they are strong.
How Traders Need to Prepare for Their Mission - TradingMarkets
Most traders have at some time or the other, heard the expression, "Plan your trade then trade your plan." This is essential advice for any trader to heed, before jumping into a position in the market.
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