The selling continued today on the back of worse than expected economic data and uncertainty being signaled from the Fed. Gold spiked higher triggered by safe harbor buying while the US Dollar sunk against the Euro. While stocks traded erratically for most of the day, strong late day selling pushed the indexes solidly into the red by the close. The DJIA dropped 29.93, the tech heavy Nasdaq gave up 1.82, and the broad based S&P 500 dropped 3.29.
Here are 7 stocks you need to know for Thursday.
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.
According to a recent report, eight out of ten securities traded are exchange-traded funds (ETFs). Learn to trade ETFs! Click here to order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading.
