Receive Alerts
Free

For One Week!
Stock PowerRatings
Use PowerRatings every day to find the stocks for tomorrow to focus on and the ones to avoid. Sign Up Now >>

ETF PowerRatings
Use PowerRatings to find the ETFS to focus on to build your portfolio for ETF gains.
Sign Up Now >>

Gary Kaltbaum Intraday Breaking Setups
Let Gary Kaltbaum send you timely emails to alert you when breakouts occur.
Sign Up Now >>

Kevin Haggerty's Professional Trading Service
Every day receive the best plan of attack for the next day's trading directly from professional trader Kevin Haggerty.
Sign Up Now >>
awards
TradingMarkets AS SEEN ON...
Yahoo! Finance (content partner)
Forbes.com (content partner)
AOL Money (content partner)
CNBC
Fox Business News
Bloomberg TV
Wall Street Journal
MarketWatch
Fortune
New York Times
Stocks and Commodities
Active Trader Magazine
Los Angeles Times
Futures Magazine
Barrons
Reuters
SFO Magazine
Investor's Edge
E*Trade Radio
Bloomberg Markets Magazine
Chicago Mercantile Exchange
Forbes.com
SFO
Registered Rep
FXstreet.com

TradingMarkets 7 Stocks You Need to Know for Friday

By David Goodboy | TradingMarkets.com | July 23, 2009
Symbols: MSFT, AMZN, ASH, SLB, BDK

Earnings enthusiasm pushed stocks above the classic technical resistance levels as the bulls took control of the market. Surprisingly strong housing figures combined with the upbeat earnings guided shares solidly higher on the day. Word of Warren Buffett earning billions on his long Goldman Sachs play further added to the optimistic tone. The DJIA soared 188.03, the Nasdaq advanced 47.22, and the S&P 500 climbed 22.22.


Tool maker, Black & Decker ( BDK | Quote | Chart | News | PowerRating), announces earnings before the bell Friday with an expected EPS of 37 cents/share.


Chemical giant, Ashland ( ASH | Quote | Chart | News | PowerRating), is predicted to see an EPS of 92 cents for the fiscal third quarter prior to the opening of trading on Friday.


Schlumberger ( SLB | Quote | Chart | News | PowerRating) has forecast second quarter earnings of 63 cents/share revealed Friday morning before the trading day starts.


Microsoft ( MSFT | Quote | Chart | News | PowerRating) disappointed investors with a 29% profit decrease and internet retailer Amazon ( AMZN | Quote | Chart | News | PowerRating) posted a 10% profit decline for this quarter after the close.


Retail option broker, OptionsXpress ( OXPS | Quote | Chart | News | PowerRating) is expecting to see second quarter earnings of 25 cents/share Friday morning before the bell.


T. Rowe Price ( TROW | Quote | Chart | News | PowerRating) announces its second quarter results before trading opens on Friday with forecast earnings of 34 cents.


INDEPENDENT RESEARCH - Learn 7 trading strategies that you can only find here - Click here to learn more!

Original publication: July 23, 2009