Friday Morning Coffee with TradingMarkets

By | TradingMarkets.com | March 19, 2010 11:54 AM
Symbols: FDX, BAC, GME, COMS, PERY, NKE, RF
Good Morning!

U.S. Markets Edge Higher ... Sellers Send Financials (FAS, XLF), Energes (XLE, DIG) Lower ... Top Stock PowerRatings Stocks for Friday Include: HAFC, PIR, LZB ...VIX Extends Stretch Below 10-Day Moving Average to Beyond 5% ... Top ETF PowerRatings Funds for Today Include: ECH, BRF, EWZ ....

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TradingMarkets 7 Stocks You Need to Know for Today

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

  • Prior to the opening bell, Perry Ellis Int'l (PERY), reports earnings with a forecast figure of 59 cents/share.

  • Rumors of a discount rate increase hit the financial sector with Bank Of America Corp (BAC) and Regions Financial Corp (RF) taking the brunt of the chatter.

  • Athletic shoe maker, Nike Inc Cl B (NKE), profit more than doubled in its 3rd quarter and was raised to outperform at FBR Capital.

  • Fedex Corp (FDX) crushed analysts quarterly profit estimates.

  • Gamestop Corp (GME) raised its outlook despite a drop in earnings.

  • 3Com Corp (COMS) is looking an EPS of 8 cents at an indeterminate release time.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Zoom Technologies Inc. ZOOM 9
CHanmi Financial CorporationHAFC 9
Pier 1 Imports Inc. PIR 9
China Automotive Systems Inc. CAAS 9
US Airways Group LCC 9
View More Stocks

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TradingMarkets Making Great Traders

Dynamic Exits: How to Properly Exit a Trade - TradingMarkets
Larry Connors explores the two dynamic exit strategies that he has adopted, and which also tested the best, to properly exit stock and ETF trades.

TradingMarkets Most Overbought and Oversold ETFs for Friday - TradingMarkets
The following ETFs are the most overbought and oversold for Friday, March 19 2010. Among them is the SPDR S&P Oil & Gas Exploration & Production ETF, XOP.

Learn How to Swing Trade: The New Spring 2010 TradingMarkets Swing Trading College - TradingMarkets
Is swing trading stocks your business? Then new Spring 2010 TradingMarkets Swing Trading College has the resources you need to help you stay on the right side of the market. Find out more in our free presentation on Thursday, March 25th at 4:30 p.m. Eastern.

TradingMarkets 7 ETFs You Need to Know for Today

Health Care, Industrials Up as Financials, Energies Pullback - TradingMarkets
Thursday was a day of decline for U.S. markets, as the financial and energy sectors saw particularly aggressive selling action ProShares Ultra Financials ETF, UYG slid nearly 1% on the day.

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Original publication: March 19, 2010

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