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Thursday Morning Coffee with TradingMarkets

By Ashton Dorkins | TradingMarkets.com
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Good Morning!

Research In Motion Earnings Double... Micron Misses Estimates... Constellation Brands Earnings Decline, Beats Forecasts... Schering-Plough Plans to Reduce Costs by $1.5 Billion... Google to Cut Jobs at DoubleClick... ATA Airlines Files for Bankruptcy... Money Market Rates Climb... Initial Jobless Claims Rise to Highest Level Since 2004.

Asian stocks up... European stocks down... Dollar higher across the board... And the futures are pointing to a lower open.

Download Larry Connors' Most Read Book "How Markets Really Work" FREE until Monday Night!
This book normally retails for $49.95 but you can download it free until Monday, April 7. Click here to download your free copy.

TradingMarkets 5 Business Stories You Need to Know

Research In Motion Earnings Double - Wall Street Journal
Research In Motion said quarterly profit and revenue more than doubled as the BlackBerry maker added 2.2 million new subscribers, even as the economy shows signs of a slowdown.

BayernLB Reports $6.7 Billion in Subprime Writedowns; Profit Plunges 82% - Bloomberg
Bayerische Landesbank reported $6.7 billion in writedowns from the subprime- market collapse, double its previous estimate and the biggest of any German state bank.

What Bernanke Didn't Say - BusinessWeek
In his first congressional appearance since intervening to prop up Bear Stearns, the Fed chief refused to call it a bailout—nor would he say there's a recession.

Dollar Strengthens as European Data Disappoints - Daily FX
After a one day correction dollar bulls got their groove back as data from EZ and UK continued to show further weakness.

ATA Shuts Down as Airline Files for Bankruptcy - MarketWatch
ATA Airlines Inc. discontinued operations on Thursday after filing for bankruptcy, resulting in wholesale layoffs and leaving passengers on their own to seek alternative travel arrangements.

For more stories as they happen, go to our Breaking News section.

TradingMarkets 7 Stocks You Need to Know for Today

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

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

TradingMarkets 5 PowerRatings Stocks for Today

Company
Symbol PowerRatings
BPZ Resources BZP 9
Universal UVV 8
USANA Health Sciences USNA 8
First Advantage FADV 8
ABIOMED ABMD 8
View More Stocks

TradingMarkets Tracking the Wizards

Learn When You Should Exercise an Option Early - TradingMarkets
When you are competing in the options market against other investors and professional market makers, it doesn't make any sense to not use the most accurate tools available.

Building Great Traders: The TradingMarkets Battle Plan for Stocks - TradingMarkets
Join Larry Connors, CEO and Founder of TradingMarkets at his weekly Teleconference with TradingMarkets Senior Editor David Penn Wednesday at noon as they discuss the new opportunities for stock traders in the current market.

Free Report! The Only 3 Options Trading Strategies You'll Ever Need - TradingMarkets
There may be as many ways to trade the market as there are traders who want to do so. But the difference between the professionals and the amateurs when it comes to trading is that the majority of professional traders know that the edge lies in buying markets when they are weak and selling them when they are strong.

Click here to sign up for the Morning Coffee with TradingMarkets newsletter.


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