TradingMarkets 7 Stocks You Need to Know for Monday

By | TradingMarkets.com | February 08, 2010 09:09 AM
Symbols: CAT, WAG, GE, CVS, HAS, HIG, CNA

Stocks start fresh Monday after a difficult week. Excitement is running high for earnings on several key names. The session ended Friday on a bullish note despite a sharp early sell off. Mixed information from the nonfarm payrolls number was counteracted by positive manufacturing employment data pushing shares higher on the day. Encouraging words from Greece combined with a better than expected number from the consumer credit report added to the late day surge. The DJIA advanced 10.05, the Nasdaq fought higher by 15.69, and the S&P 500 climbed 3.08.

Here are 7 stocks you need to know for Monday.

73 cents/share is awaiting investors in CNA Financial Corporation (CNA) before the opening bell.

Drugstore operator, Cvs Caremark Corp (CVS), announces prior to the open with an expected EPS of 78 cents.

Hasbro Inc (HAS) is looking at 81 cents/share before Monday's open.

Hartford Financial Services Group (HIG) reports after the close with a forecast EPS of $1.40.

General Electric Co (GE) and Caterpillar Inc (CAT) are among the large firms starting to hire leading to manufacturing payrolls increasing.

Walgreen Co (WAG) and other drug chains stand to reap large profits as Lipitor and other drugs patents expire allowing their inexpensive replication by generics.

Try Stock PowerRatings for 7 days FREE...and start trading the top stocks every day. "You have the best technical analysis going - with winner after winner." Click here now for your free 7 day trial!

Read David's latest thoughts on his blog, www.marketsurfer.com
Original publication: February 05, 2010

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.