Wednesday Morning Coffee with TradingMarkets

By | TradingMarkets.com | January 13, 2010 11:04 AM
Symbols: IBM, PG, BAC, ARB, HIG, ZZ, OHB
Good Morning!

U.S. Markets Retreat ... Materials, Commodity Stocks Lead Sell Off ... Top Stock PowerRatings Stocks for Wednesday Include: HOGS, GPOR, DTSI ... VIX Stretch Below 10-Day Moving Average Collapses Below 5% on Equities Pullback ... Dollar (UUP, UDN) Decline Stabilizes ... Top ETF PowerRating Funds for Today Include: BIK, RTH, XLY ...

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:

  • The SEC is suing Bank Of America Corp (BAC) for supposedly failing to disclose billions of dollars of Merrill Lynch losses.

  • Mattress king, Sealy Corp (ZZ), is expecting to see an EPS of 1 cent after the close.

  • Stuck in a down trend, Orleans Homebuilders Inc (OHB), announce after the bell with an indeterminate forecast.

  • Michael Skarzynski, CEO of Arbitron Inc (ARB), has resigned due to providing misleading testimony to Congress regarding a home visit to the survey companies panelists.

  • International Business Machines Corporation (IBM) was awarded more patents than any other firm in the world for the 17th straight year.

  • Bank of America increased the rating of Procter & Gamble Co (PG) to a "buy".

  • Hartford Financial Services Group (HIG) stated it likely earned twice its forecast amount for the final 3 months of 2009.

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
Advanced Micro Devices AMD 10
Northern Oil and GasNOG 9
UAL Corporation UAUA 9
National Beverage Corporation FIZZ 9
Tata Motors Ltd. ADS TTM 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

ETF PowerRatings Winner of the Week: Viva La Country Fund! - TradingMarkets
Unsurprisingly, when it comes to big ETF PowerRatings winners, we have one country exchange-traded fund coming out on top. Find out which ETF country fund earned our top ETF PowerRating of 10.

Connors: Here's How to Select the Right ETFs Each Day - TradingMarkets
With so many ETFs now available to trade, how can traders select the right ETFs to trade each day? This one strategy will help guide you when you have many choices to make in a trading day.

Passamonte: Making More by Trading Less - TradingMarkets
How is it that so many aspiring traders are trading more but still losing money? Austin Passamonte discusses how you can properly manage your portfolio and make a lot more money per trade in less time.

TradingMarkets 7 ETFs You Need to Know for Today

Commodity Funds Plunge, Top Ranks of Oversold; Country Funds in Asia, Americas Retreat - TradingMarkets
Oversold conditions were sparked across the board by aggressive selling during Tuesday's trading. The iShares Russell 2000 Index Fund ETF, IWM was among those particularly affected by the torrent of selling pressure, closing lower for the second consecutive day.

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

Original publication: January 13, 2010

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