Friday Morning Coffee with TradingMarkets

By | TradingMarkets.com | November 28, 2008 09:00 AM
Symbols: GM, JCP, WMT, F, BCE








Good Morning!

S&P 500, Dow Up Four Days in a Row ... Indian Futures Down on Terrorist Attacks ... Protests Continue at Thai Airport ... OPEC Considers Further Production Cuts ...



If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term 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 7 Stocks You Need to Know for Friday

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



  • BCE Inc. ( BCE | Quote | Chart | News | PowerRating) plunged by more than 34% on Wednesday after signaling that the economic crisis may prevent the Canadian telecommunications giant from going private in December as planned.



  • Automakers continued their surge higher on Wednesday as General Motors ( GM | Quote | Chart | News | PowerRating) gained 35% and Ford Motor Company ( F | Quote | Chart | News | PowerRating) was higher by 29%




  • With Black Friday coming up and Cyber Monday around the corner as the holiday shopping season begins, many shoppers and investors will turn toward retailers

    such as Wal-Mart ( WMT | Quote | Chart | News | PowerRating) and JC Penny ( JCP | Quote | Chart | News | PowerRating), which is reportedly launching the largest Black Friday sale in company history.



  • And as for Cyber Monday, both eBay ( EBAY | Quote | Chart | News | PowerRating) and Amazon.com ( AMZN | Quote | Chart | News | PowerRating) will be among those online businesses hoping to be extra busy.


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







TradingMarkets 5 PowerRatings Stocks for Today


















Company
Symbol PowerRatings
ProShares Short S&P 500 SH 9
ProShares Short Russell 2000 RWM 9
ProShares Short QQQ PSQ 9
ProShares UltraShort Industrials SIJ 8
ProShares UltraShort Basic Materials SMN 8





View More Stocks





TradingMarkets Making Great Traders


Buying the Weakness and Selling the Strength
- TradingMarkets

The massive two day rally continued again on Tuesday with the SPX closing up at 857.39. See Kevin Haggerty's commentary on why buying weakness and not strength, is still the case.



The New Risks of a Popular Forex Trading Strategy
- TradingMarkets

The carry trade has been one of the most popular forex trading strategies in the last few years, but with recent changes in the currency market and increased volatility, the carry trade now looks like a losing proposition.



7 ETFs You Need to Know for Today - TradingMarkets

Stocks rallied into the close on the day before the Thanksgiving holiday with emerging markets as one source of strong buying pressure. As such, the iShares

FTSE/Xinhua 25 ETF closed up by more than 10%.








TradingMarkets Daily PowerRatings Analysis


5 PowerRatings ETFs for the Next 5 Days
- TradingMarkets

Looking for stocks - or ETFs - that are likely to be higher in the next few days? Our 5 PowerRatings ETFs for the Next 5 Days column is a great place to start!



Click here to get a peek at the new blog, Market Moods, by TradingMarkets Editor David Penn!



Click here to sign up for the Morning Coffee with TradingMarkets newsletter.

Original publication: November 28, 2008

How to Successfully Trade ETFs

Do you want to learn how to trade more successfully, more consistently ... and with more confidence? If so, then the TPS strategy is for you.

Hundreds, if not now thousands, of ETF traders successfully use the TPS trading strategy to find the best ETF trade set-ups each day to place winning trades.

FREE NEWSLETTERS

What Stocks and ETFs are headed up and down this week?

Our Weekly Newsletter covers this in dept and gives performance information on the previous week.

TradingMarkets Weekly Newsletter

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Tuesday February 21 01:00 PM
Presented By Phil Suarez
Thursday February 23 12:30 PM
Presented By Kevin Haggerty
* Attendance is strictly limited and seats are filled on a first-come, first-served basis.