TradingMarkets 7 Stocks You Need to Know for Monday

By | TradingMarkets.com | July 18, 2008 04:56 PM
Symbols: BAC, RSG, MRK, WMI, AW

Stocks ended the week mixed as upside earnings surprises from some companies
competed for attention with earnings disappointments from others.


The Dow closed up 49.91. The Nasdaq Composite ended the day down by 29.52. And the S&P 500 was virtually unchanged in being up 0.36.


Here are 7 Stocks You Need to Know for Monday.


Bank of America ( BAC | Quote | Chart | News | PowerRating) reports earnings Monday before the markets open. Analysts are expecting EPS of $0.53.


Republic Services ( RSG | Quote | Chart | News | PowerRating) announced that it was not interested in the unsolicited bid from Waste Management Inc. ( WMI | Quote | Chart | News | PowerRating) and would instead to continue to pursue Allied Waste Industries ( AW | Quote | Chart | News | PowerRating).


Reporting earnings before the bell on Monday, Merck ( MRK | Quote | Chart | News | PowerRating) is expected to announced per share earnings of $0.83.


A smaller than expected loss in its earnings report on Friday helped boost shares of Citigroup ( C | Quote | Chart | News | PowerRating) by more than 9% late in trading on Friday.


Teva Pharmaceutical Industries ( TEVA | Quote | Chart | News | PowerRating) announced that it was buying Barr Pharmaceuticals for $7.46 billion.


Do you think Teva Pharmaceutical Industries will be Up or Down on Tuesday? Play the TradingMarkets Up or Down Stock Contest for your chance to win $1,000 a month by correctly guessing the direction of a stock!

Original publication: July 18, 2008

How to Successfully Trade ETFs

Do you want to learn how to trade more successfully, more consistently ... and with more confidence? If so, then the TPS strategy is for you.

Hundreds, if not now thousands, of ETF traders successfully use the TPS trading strategy to find the best ETF trade set-ups each day to place winning trades.

FREE NEWSLETTERS

What Stocks and ETFs are headed up and down this week?

Our Weekly Newsletter covers this in dept and gives performance information on the previous week.

TradingMarkets Weekly Newsletter

UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Tuesday February 21 01:00 PM
Presented By Phil Suarez
Thursday February 23 12:30 PM
Presented By Kevin Haggerty
* Attendance is strictly limited and seats are filled on a first-come, first-served basis.