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U.S. Stocks Finish Wednesday Lower ... Consumer Staples, Discretionary Among Sectors on Retreat ... Hedge Fund Pequot Capital To Close Amid Insider Trading Inquiry ... Most Oversold ETFs for Today Include: MOO, AGG, EWY, LQD, TIP ....

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TradingMarkets 7 Stocks You Need to Know for Today

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

• The inability to resolve concerns by bondholders has turned traders and investors negative on General Motors ( GM | Quote | Chart | News | PowerRating) and makes bankruptcy almost inevitable. Shares of the stock were down more than 11% intraday on Wednesday.
  
  
  


• Among the companies reporting quarterly earnings Thursday before the market opens are Big Lots ( BIG | Quote | Chart | News | PowerRating) and H.J. Heinz ( HNZ | Quote | Chart | News | PowerRating). Analysts are expecting per share earnings of 40 cents from Big Lots, and EPS of 54 cents from Heinz.
  
  BIG pulled back above its 200-day moving average on Wednesday in advance of its earnings report. By contrast, shares of H.J. Heinz are increasingly overbought below their 200-day moving average.
  
  
  
  


• Thursday's biggest earnings news may be made by Dell ( DELL | Quote | Chart | News | PowerRating), which reports quarterly earnings after the bell. Per share earnings of 23 cents is what analysts are expecting from the PC maker. Dell shares are also becoming more and more overbought below the 200-day moving average.
  
  
  


• Bank of America ( BAC | Quote | Chart | News | PowerRating) announced that it had raised a total of $26 billion by converting preferred shares into common stock. The effort leaves Bank of America more than 75% of the way toward meeting its government-mandated capital requirements. Neither oversold nor overbought below its 200-day moving average, shares of BAC have traded in a $1 range for the past several days.
  
  
  


• Yahoo ( YHOO | Quote | Chart | News | PowerRating) CEO Carol Bartz suggested on Wednesday that a deal with Microsoft ( MSFT | Quote | Chart | News | PowerRating) would be possible with the right technology, information sharing and 'boatloads of money." Shares of Yahoo were pulling back above their 200-day moving average on Wednesday while Microsoft continued to trade largely sideways in neutral territory below its 200-day.
  
  

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

TradingMarkets 5 PowerRatings Stocks for Today

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TradingMarkets Making Great Traders

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Richard Miller merges his fundamental approach with TradingMarkets' PowerRatings to help fully reap the benefits of each trade.

TradingMarkets 7 ETFs You Need to Know for Wednesday - TradingMarkets

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TradingMarkets Daily PowerRatings Analysis

5 PowerRatings Stocks for the Next 5 Days - 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!

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