New book by Larry Connors Click here Improve your trading - See how
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Good Morning! |
Merrill Lynch Reports Bigger-than-Expected Loss on $9B Write-down... Pfizer, Nokia Post Disappointing Results ... Sallie Mae Swings to a Loss... BoE Receives $99B of Bids in Loan Auction... Jobless Claims Below Consensus.
Asian stocks up... European stocks down... Dollar mixed... And the futures are pointing to a lower open.
Would you like to improve your trading? TradingMarkets would like to invite you to a private 30-minute conference call with TradingMarkets CEO and Founder Larry Connors on April 18, 2008 at 12:00 pm ET.
Larry will discuss the upcoming new TradingMarkets Swing Trading College (STC). STC is a 14-session, online course which will provide you with the latest trading research and strategies to professionally swing trade stocks, options, ETFs, and E-minis and futures. Click here to sign-up.
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TradingMarkets 5 Business Stories You Need to Know |
Merrill Lynch Swings to a Loss, Plans to Cut Another 4,000 Jobs - Wall Street Journal
Merrill Lynch posted its third-straight quarterly loss as the brokerage recorded a further $9 billion in write-downs on mortgage-related assets, leveraged loans and hedges.
Pfizer Posts 18% Drop in First Quarter Profit - MarketWatch
Pfizer first-quarter profit dropped 18%, reflecting increased generic competition for such top-selling products as Norvasc, Zyrtec and Lipitor, the blue-chip drug maker said Thursday.
Nokia Profit Misses Estimates; Forecasts Market Slide - Bloomberg
Nokia, the world's biggest maker of mobile phones, reported first-quarter profit that missed analysts' estimates and said the value of the global handset market will shrink in euro terms this year.
A Drought in Australia, a Global Shortage of Rice - New York Times
The collapse of Australia’s rice production is one of several factors contributing to a doubling of rice prices in the last three months.
Oil, Gas Rise to New Records - CNN Money
Crude prices top $115 a barrel on supply concerns; retail gasoline hits record $3.418 a gallon.
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 PowerRatings Stocks for Today |
Company |
Symbol | PowerRatings |
| CollaGenex Pharmaceuticals | CGPI | 10 |
| Tredegar | TG | 9 |
| Meridian Bioscience | VIVO | 8 |
| Firstfed Financial | FED | 8 |
| East West Bancorp | EWB | 8 |
| View More Stocks |
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TradingMarkets Tracking the Wizards |
Everything You Need to Know About Options Selling - TradingMarkets
As most people reading this know, there are two parts to option pricing; there is the intrinsic value, or real value, and there is the premium, or what I like to call the "fluff".
Combining Price and Volume to Predict Price Movement - TradingMarkets
In this first of a 2-part series, Tim Ord describes the importance of using price and volume levels at support and resistance points to determine future stock price.
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.
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
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Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
