Monday Morning Coffee with TradingMarkets

By | TradingMarkets.com | August 17, 2009 09:00 AM
Symbols: LOW, BBT, CIT, BA








Good Morning!

U.S. Stocks Pull Back to End Week ... Energy, Basic Materials Lead Sell-Off .... Asian Markets Move Lower Overnight ... Top PowerRatings Roster Swells with 10-Rated Stocks ... Most Oversold ETFs for Today Include: DBA, IBB, IWM, USO, XRT ...

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TradingMarkets 7 Stocks You Need to Know for Today

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



  • Airline giant Boeing ( BA | Quote | Chart | News | PowerRating) has further delayed releasing its 787 Dreamliner aircraft after finding flaws in 23 of the planes.



  • The fiscal second quarter 2010 is expected to show 53 cents/share for home do-it-yourself retailer Lowe's ( LOW | Quote | Chart | News | PowerRating), prior to trading on Monday.



  • Beat down CIT Group ( CIT | Quote | Chart | News | PowerRating) has traders expecting a loss of $1.83 for the second quarter 2009 Monday morning before the bell.




  • Announcing after the close on Monday, Agilent Technologies ( A | Quote | Chart | News | PowerRating) is expecting to see fiscal third quarter results of 11 cents/share.



  • Rumor has it that BB&T Corp ( BBT | Quote | Chart | News | PowerRating) is taking over near dead Colonial Bancgroup ( CNB | Quote | Chart | News | PowerRating).



  • American International Group ( AIG | Quote | Chart | News | PowerRating) has just made an unusual amendment to its bylaws making sure that the Chairman is independent from management.



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







TradingMarkets 5 PowerRatings Stocks for Today


















Company
Symbol PowerRatings
Garmin Ltd. GRMN 10
Amlyn PharmaceuticalsAMLN 9
Polo Ralph Lauren RL 9
Sara Lee Corporation SLE 8

General Electric
GE 8





View More Stocks



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TradingMarkets Making Great Traders


Larry Connors Live: How to Trade ETFs Using High Probability ETF Software - TradingMarkets

Register today for Larry Connors' special free, live educational webinar on trading with High Probability ETF Trading Software 4 p.m. August 19th!




Profiting in Patterns: The Big Saturday Interview with Thomas Bulkowski
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In part 1 of our conversation with Thomas Bulkowski, we learn about how he came to focus on studying and quantifying chart patterns in stocks, and how traders

and investors can best take advantage of his research.




How to Improve Your Trading by Not Having An Opinion
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It seems the more traders try to forecast on market direction, the more it can't be done. Learn how to trade based on the current reality in the market and avoid the fantasy or market opinions.








TradingMarkets 7 ETFs You Need to Know for Today


Energies, Materials ETFs on Retreat Above 200-Day, Bond ETFs Linger in Overbought Zone
- TradingMarkets

The deepest pullbacks among ETFs at week's end were in the energy and materials sectors. Among those moving lower were ETFs
like the Vanguard Energy ETF and the ProShares Ultra Basic Materials ETF.



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



Original publication: August 17, 2009

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