Good Morning!

Stocks Start Week Overbought ... Chinese Manufacturing, Commodity Prices Boost Asian Markets ... Euro, Yen Remain Strong Versus Greenback ... Most Overbought ETFs for Today Include: DIG, UYM, OIL, SMH, SPY ...

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TradingMarkets 7 Stocks You Need to Know for Today

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

• Shares of Dell ( DELL | Quote | Chart | News | PowerRating) gapped higher and pulled back on Friday. The computer maker reported quarterly earnings Thursday after the close that narrowly beat analyst estimates.
  
  
  


• By an overwhelming vote, the United Auto Workers approved a new labor agreement with General Motors ( GM | Quote | Chart | News | PowerRating). The deal will make it easier for the automaker to meet its government-mandated restructuring requirements.
  
  
  


• Among the better performing Dow stocks on Friday was Coca Cola ( KO | Quote | Chart | News | PowerRating), which has closed higher for 10 out of the past 11 sessions. The stock gained more than 4% on Friday, closing at its highest level since October 2008.
  
  
  


• Rallying to its highest closing levels since January were shares of McDonald's ( MCD | Quote | Chart | News | PowerRating), up more than 1% on Friday.
  
  
  


• A 2% pop in Microsoft ( MSFT | Quote | Chart | News | PowerRating) helped the stock close above its 200-day moving average for the first time in more than a year.
  
  
  


• Conversely, pulling back above their 200-day moving averages on Friday were both Cisco Systems ( CSCO | Quote | Chart | News | PowerRating) and Intel ( INTC | Quote | Chart | News | PowerRating).
  
  

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

TradingMarkets 5 PowerRatings Stocks for Today

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 Making Great Traders

How to Successfully Short-term Trade Momentum Stocks - TradingMarkets

Finding a sensible entry point for your stock trade is every bit as important as finding a good trade. Larry Connors suggests you keep these guidelines in mind to properly find and enter a stock position.

Trading and Day-Trading Stocks and ETFs with Dave Steckler - TradingMarkets

Our Big Saturday Interview guest this week, trader Dave Steckler shares with us his three-part approach to trading the markets, as well as the importance of using technical indicators in ways that may be different from typical uses.

TradingMarkets 7 ETFs You Need to Know for Today - TradingMarkets

Sector-wise, buyers were most aggressive in the energies and materials patches, bidding ETFs in both those sectors higher. Closing for a second day in overbought territory below the 200-day moving average was the ProShares Ultra Basic Materials ETF.

TradingMarkets Daily PowerRatings Analysis

5 PowerRatings Stocks for the Next 5 Days: RNOW, MTG, UN, RBA, HANS - TradingMarkets

Looking for stocks that are likely to outperform the average stock over the next few days? Our 5 PowerRating 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.