Good Morning!

U.S. Stocks Continue Higher ... Profit-taking in Financials, Buying in Consumer Staples, Health Care ... Asian Markets Rally for Fourth Day ... Big Banks on Capital Raising Spree ... Most Overbought ETFs for Today Include: DIA, XLP, VHT, UXI, XHB ....

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TradingMarkets 7 Stocks You Need to Know for Today

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

• On the back of rising optimism toward the housing sector, Toll Brothers ( TOL | Quote | Chart | News | PowerRating) will be announcing quarterly earnings Wednesday morning before the market opens. Analysts are expecting an EPS loss of 40 cents. TOLL was up more than 3% on Tuesday and is increasingly overbought below the 200-day moving average.
  
  
  


• Morgan Stanley ( MS | Quote | Chart | News | PowerRating) is seeking to raise more than $2 billion in common stock as it readies repayment of TARP funds. Morgan Stanley joins American Express and JP Morgan Chase in using new equity to retire TARP borrowings.
  
  
  


• For its part, Bank of America ( BAC | Quote | Chart | News | PowerRating) said on Tuesday that it would likely exceed its capital target of $33.9 billion.
  
  
  


• Android, the operating system developed by Google ( GOOG | Quote | Chart | News | PowerRating), will be the default operating system on a line of notebook computers from Acer. Google shares closed higher for a fourth day in a row above the 200-day moving average on Tuesday.
  
  
  


• Reporting quarterly earnings during market hours on Wednesday is retailer Jos. A Bank Clothiers ( JOSB | Quote | Chart | News | PowerRating). Per share earnings of 58 cents is what analysts are expecting from JOSB.
  
  
  


• Ford Motor Company ( F | Quote | Chart | News | PowerRating) continues to benefit from the troubled times over at General Motors ( GM | Quote | Chart | News | PowerRating), gaining on Tuesday despite reporting a sales slowdown. Shares were up more than 4% and rallied for a fourth day in a row above the 200-day moving average.
  
  

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

Strategies for Short Selling ETFs - TradingMarkets

For the short-seller, exchange-traded funds offer a special advantage since these products are not restricted by the uptick rule. Here are a few strategies that have worked recently for short selling ETFs.

The Generals Short Squeeze, Part 2 - TradingMarkets

Stocks are up slightly following a report showing a jump in pending home sales. Kevin Haggerty weighs in on the auto industry, the declining U.S. Dollar and what sectors to keep an eye on today.

TradingMarkets 7 ETFs You Need to Know for Today - TradingMarkets

Sellers were especially aggressive in the financial sector, leading financial ETFs lower. Pulling back on Tuesday was the Financial Select Sector SPDR ETF, XLF, which had spent the past two days in overbought territory below the 200-day moving average.

TradingMarkets Daily PowerRatings Analysis

PowerRatings Round Up: Overbought Markets and Exiting into Strength - TradingMarkets

With stocks beginning an almost parabolic move higher, now is the time to exit positions bought on pullback and wait for the next round of selling for new opportunities to emerge.

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