Thursday Morning Coffee with TradingMarkets

By | TradingMarkets.com | September 03, 2009 09:00 AM
Symbols: BP, BA, CVGW, BRLI, DLM








Good Morning!

U.S. Stocks Finish Flat to Lower ... Ranks of Oversold ETFs Grows ... PFE to Pay $2 Billion Fine for Drug Promotion, BP Discovers "Deepest Ever" Well Near Mexico ... Most Overbought ETFs for Thursday Include: TWM, SRS, SKF, TLT, IEF ...



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TradingMarkets 7 Stocks You Need to Know for Today

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



  • Bio-Reference Labs ( BRLI | Quote | Chart | News | PowerRating) is expecting to see fiscal third quarter 2009 earnings of 38 cents before the market opens on Thursday morning.



  • The fiscal third quarter 2009 earnings are forecast to be 16 cents/share for Calavo Growers ( CVGW | Quote | Chart | News | PowerRating) prior to the trading day on Thursday.



  • Del Monte Foods ( DLM | Quote | Chart | News | PowerRating) has their eye set on 3 cents/share for the fiscal first quarter 2010 Thursday before the bell.




  • A giant oil find was discovered by BP Plc ( BP | Quote | Chart | News | PowerRating) in the Gulf of Mexico.



  • The US Airforce is considering cutting up to 15 programs providing work to Boeing ( BA | Quote | Chart | News | PowerRating) and Lockheed Martin ( LMT | Quote | Chart | News | PowerRating).



  • Luxury watch maker, Movado Group ( MOV | Quote | Chart | News | PowerRating), hopes its fiscal second quarter 2010 loss doesn't exceed 23 cents/share. MOV will announce before trade on Thursday.


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







TradingMarkets 5 PowerRatings Stocks for Today


















Company
Symbol PowerRatings
Sears Holdings Corporation SHLD 10
Starbucks CorporationSBUX 9
American Express AXP 9
Citigroup C 8

Walt Disney Company
DIS 8





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New Margin Rules for Leveraged ETFs - TradingMarkets

Effective in December, FINRA is implementing new margin rules for leveraged ETFs. Subscribe now to our Daily Battle Plan for further insight on this announcement.




Trading Gaps
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What is a gap? What does it mean to traders? Why trade them? Troy Peterson answers all of these and more in this primer on trading stock gaps.




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TradingMarkets 7 ETFs You Need to Know for Today

Oversold Conditions Prevail as Inverse ETFs Rally - TradingMarkets

A last minute save for the markets left several exchange traded funds bouncing slightly, but there still remain several oversold financial and energy stocks. Keep your eye on these ETFs going into Thursday's trading.



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Original publication: September 03, 2009

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