TradingMarkets 7 Stocks You Need to Know for Tuesday
Investors are awaiting the Red Book report as well as the wholesale trade numbers on Tuesday. A handsome plate of important retail earnings announcements is also slated for the 2nd trading day of the week. Stocks closed mixed in a lackluster, low volume session Monday. The bears and bulls were evenly matched as pharmaceutical companies sank on Obama’s health care reform insistence. An agreement to sell one of American International Group’s units ignited enough bullish sentiment to withstand the bearish pressure. Traders should take note that Tuesday marks the one year anniversary of the start of the recent bull move. The DJIA fell 13.68, the Nasdaq climbed 5.86 and the S&P 500 slipped 0.19.
Here are 7 stocks you need to know for Tuesday.
Sporting goods maestros, ^DKS^, reports before the bell with an expected EPS of 55 cents.
34 cents is the forecast before the open number for Supermarket chain, ^KR^.
A 19 cent loss awaits investors in ^TSTY^ prior to the market’s open.
^JCG^ reports after the close with a forecast EPS of 46 cents.
^JPM^ beat out the competitors to be ranked as the world’s largest hedge fund firm.
^X^ was raised to “buy” at Goldman Sachs while the firm cut ^AKS^ to “neutral”.