Monday Morning Coffee with TradingMarkets

By | TradingMarkets.com | April 16, 2010 04:56 PM
Symbols: MSFT, TM, RIMM, AAPL, F, BLK, AZZ
Good Morning!

U.S. Markets Begin Week Rangebound ... S&P (SPY), Dow (DIA) Return to Overbought Levels Above 200-Day ... Top Stock PowerRatings Stocks for Today Include RAD, TASR, CALM ... VIX Remains Along 10-Day Moving Average as Volatility Continues to Trend Lower ... Dollar (UUP, UDN) Oversold, Gold (GLD) Overbought, Crude Oil (USO) Overbought ... Top ETF PowerRatings Funds for Monday Include: ITB, XBI, KRE ...

Find out more about what ETF PowerRatings can do for you and your trading. Click here to launch your free, 7-day trial to our ETF PowerRatings today.

TradingMarkets 7 Stocks You Need to Know for Today

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

  • Goldman Sachs downgraded Research In Motion Ltd (RIMM) to sell and lowered its target price to $65.00/share.

  • Azz Inc (AZZ) reports before the open with an expected EPS of 59 cents.

  • Sales from Ford Motor Co (F) soared 84% in China and 39.8% domestically. Troubles at Toyota Motor Corporation ADS (TM) and its aggressive buying incentives are credited with the huge improvement.

  • Microsoft Corp (MSFT) suffered from speculation that the Apple Inc (AAPL) iPad may hurt PC sales.

  • Blackrock Incorporated (BLK) was cut to hold at Deutsche Bank AG as it was revealed that lower growth may be in store for the world's largest money manager.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Rite Aid Corp RAD 9
Stratasys Inc. SSYS 9
Peet's Coffee & Tea PEET 9
Taser International Inc. TASR 9
AMB Property Corporation AMB 9
View More Stocks

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Stock PowerRatings. The highest rated PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free trial today!

TradingMarkets Making Great Traders

Ultimate PowerRatings Trading Report: Energies Up and an Outlook on Homebuilding - TradingMarkets
The most impressive gains clearly were in the Direxion Energy Bull 3x Shares ETF, which advanced by more than 10% at the close of the holiday-shortened session. Here's a review of some of the stocks and ETFs we discussed earlier in the week, as well as a look ahead to potential opportunities when trading resumes on Monday.

TradingMarkets Most Overbought and Oversold ETFs for Monday - TradingMarkets
The CurrencyShares Euro Trust ETF is in overbought territory for Monday's trading. While high yield bond ETFs like the iShares iBoxx High Yield Corporate Bond ETF closed for a second day in oversold territory.

Best of the Battle Plan: How to Exit an ETF Trade - TradingMarkets
From the Larry Connors' Daily Battle Plan, here's a look back at why exiting ETF trades on strength - "selling the buying" - is a smart trading strategy for high probability ETF traders.

TradingMarkets 7 ETFs You Need to Know for Today

QQQQ Retreats to Oversold Levels as Tech Pulls Back - TradingMarkets
Traders will again find many overbought funds when trading begins on Monday. Among the funds taking top ETF PowerRatings into trading on the day are a pair of biotechnology funds: the SPDR S&P Biotech ETF and the First Trust AMEX Biotechnology Index Fund.

Click here to order High Probability ETF Trading, the first quantified book of trading strategies to improve your ETF trading!

Original publication: April 05, 2010

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