Monday Morning Coffee with TradingMarkets

Good Morning!

Treasury to Fannie, Freddie: We've Got Your Back ... Barrons Talks Housing Market Bottom ... Bad News for Fannie is Bad News for Greenback ... Is IndyMac Failure Our Future? ... Budweiser Goes to the Belgians, Accepts $70 per Share Bid ...

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TradingMarkets 5 Business Stories You Need to Know

Paulson Steps In for Fannie and Freddie - Bloomberg
Discount window or no discount window, the government is moving into position to help ensure that mortgage lenders Fannie Mae and Freddie Mac have all the capital they need to stay afloat.

Fannie Mae is the Featured Stock in our TradingMarkets Up or Down Stock Contest. You have until 4 p.m. EST today to tell us whether Fannie Mae will be Up or Down on Tuesday. Click here to register for free for your chance to win $1,000 by correctly guessing the direction of a stock!

Barrons: Housing Crash Almost Over - Barrons
"Sharp and short" is the take on the unfolding housing/mortgage crisis in the United States courtesy of Barron's own Jonathan Laing, who writes that signs of recovery are already available for those who look carefully.

What Does Fannie Mean for the Greenback? - DailyFX
DailyFX chief strategist Kathy Lien weighs the impact of Fannie Mae's and Freddie Mac's current woes on the U.S. dollar and suggests that there are few scenarios that are bullish for the greenback.

Feds Step in on IndyMac - National Post
Has the credit crunch begun its second, all the more painful and destructive, stage? The crisis at IndyMac provides little reason to believe that there won't be further failures according to National Post columnist, Diane Francis.

InBev Wins Budweiser for $52 Billion - Wall Street Journal
Anheuser-Busch announced that it was willing to be acquired by Belgian brewer, InBev for $70 per share. The announcement ends what was anticipated to be a drawn-out battle for the American beermaker.

For more stories as they happen, go to our Breaking News section.

TradingMarkets 7 Stocks You Need to Know for Today

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

• Anheuser-Busch (BUD | Quote | Chart | News | PowerRating) agreed to be acquired by InBev in a deal worth $52 billion or $70 a share. The acquisition creates the world's largest beermaker.
  

• Shares of Lehman Brothers Holdings (LEH | Quote | Chart | News | PowerRating) were lower by more than 16% as traders bet that the company was headed for a Bear Stearns-like meltdown.
  
  
• Long lines, excited shoppers and a few technical glitches at activation time characterized the launch of the new G3 iPhone from Apple (AAPL | Quote | Chart | News | PowerRating) today. Shares of the company's stock were down just over 2%.
  
  
• Although in-line with analyst estimates, General Electric (GE | Quote | Chart | News | PowerRating) reported a profit shortfall of 6% for the second quarter this morning before the bell. General Electric finished the day largely unchanged.
  
  
• Yamana Gold (AUY | Quote | Chart | News | PowerRating) was among the many gold stocks that rallied during Friday's largely bearish trading. The stock was up more than 6%.
  
  
• Fannie Mae (FNM | Quote | Chart | News | PowerRating) and Freddie Mac (FRE | Quote | Chart | News | PowerRating) rallied strongly from major intraday lows on Friday on rumors that Fed chairman Bernanke would permit the two companies to borrow from the discount window. Fannie Mae closed down more than 20%. Freddie Mac finished the day down a little more than 3%.
  

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

TradingMarkets 5 PowerRatings Stocks for Today

TradingMarkets Making Great Traders

TradingMarkets Making Great Traders - TradingMarkets
TradingMarkets VP Eddie Kwong presents his weekly digest of the best of the week that was at TradingMarkets. From our profile of CANSLIM Market Wizard David Ryan to Bennett McDonald's primer on trending stocks, everything you might have missed is right here in our Making Great Traders column.

Trading is a Business. Treat it Like One. Part 2 - TradingMarkets
Join TradingMarkets CEO and founder Larry Connors as he hosts the second part of his discussion on why traders must treat their trading as a business and what the most important steps in this process are. Session 10 of the Swing Trading College is this Tuesday evening at 5 p.m. EST. Click the headline above for more information.

3 Funds to Help You Battle the Bears - TradingMarkets
TradingMarkets Select Contributor Toni Turner highlights a few options for long term traders and investors looking for opportunities that can withstand the pressure of bear markets.

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