Monday Morning Coffee with TradingMarkets

By | TradingMarkets.com | April 20, 2009 09:00 AM
Symbols: C, GE, HAL, BAC, LLY








Good Morning!

U.S. Stocks Edge Higher to End Week ... Overbought Conditions Abound In Most Markets ... Asian Stocks Pull Back ... Bank of America, Eli Lilly, Halliburton Report Earnings on Monday ... Most Overbought ETFs Include: EWH, QQQQ, XLP, JNK, UXI ....



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TradingMarkets 7 Stocks You Need to Know for Today

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



  • Gains from its energy and industrial divisions helped General Electric ( GE | Quote | Chart | News | PowerRating) overcome steep losses in real estate to beat analyst earnings expectations on Friday.



  • Also beating estimates on Friday was Citigroup ( C | Quote | Chart | News | PowerRating). Both trading profits and changes in accounting rules were credited for the earnings outperformance.



  • Bank of America ( BAC | Quote | Chart | News | PowerRating) is expected to report quarterly earnings of five cents per share Monday morning before the market opens.



  • 99 cents is what analysts are expecting from Eli Lilly and Company ( LLY | Quote | Chart | News | PowerRating) when the pharmaceutical company reports quarterly earnings Monday morning before the bell.



  • Halliburton ( HAL | Quote | Chart | News | PowerRating) is expected to announce EPS of 0.44 Monday morning before the open.



  • Among the companies reporting earnings after the market closes on Monday is Netflix ( NFLX | Quote | Chart | News | PowerRating), which is expected to announce per share earnings of 32 cents.



  • Amazon.com ( AMZN | Quote | Chart | News | PowerRating) said on Friday that sales of its electronic book reader, Kindle, have greatly surpassed expectations.


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







TradingMarkets 5 PowerRatings Stocks for Today



















Company
Symbol PowerRatings
Citi Trends CTRN 10
Ivanhoe Mines Ltd.IVN 9
Qwest Communications Q 8
Family Dollar Inc. FDO 8
AngloGold Ashanti Ltd. AU 8





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Day Trading Options at Expiration with Jeff Augen, Part 1 - TradingMarkets

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TradingMarkets Most Overbought and Oversold ETFs for Monday - TradingMarkets

Monday's overbought ETFs includes the Energy Select Sector SPDRs ETF, XLE. See what others are overbought and which are oversold based on Larry Connors' latest research.








TradingMarkets Daily PowerRatings Analysis


5 PowerRatings Stocks for the Next 5 Days: FDO, SA, AU, ALJ, CGRB
- TradingMarkets

Looking for stocks that are likely to outperform the average stock over the next few days? Our 5 PowerRatings Stocks for the Next 5 Days column is a great place to start!



Click here to sign up for Larry Connors' Trading Lesson of the Day.




Original publication: April 20, 2009

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