| Good Morning! |
Futures Point To Lower Open ... Democratic Primaries in Kentucky, Oregon Today ... Home Depot Beats on Lower Profit ... AIG to Raise $20 Billion in Capital ... Dollar Loses Ground to Euro, Japanese Yen ... Microsoft Sees Alternative in Divided Yahoo ... China Earthquake Death Toll Surpasses 40,000
Asian stocks down ... European stocks down ... The dollar lower against the Euro, Japanese yen ... And the futures are trending lower in the hour before the bell.
Join TradingMarkets CEO and co-founder Larry Connors as he introduces new research and concepts in swing trading for traders of stocks, ETFs, E-minis, options, futures and forex. Session 4 of the TradingMarkets Swing Trading College starts tonight at 6 p.m. Eastern.
Click here to learn more about one of the most popular programs for traders that we have ever provided!
| TradingMarkets 5 Business Stories You Need to Know |
Splitting
Yahoo?! - Wall Street Journal
Microsoft's latest designs for the online search and advertising space have been met with a decidedly chilly response from decision-makers at Yahoo!.
Home
Depot Profits Better Than Feared - Reuters
The housing slump takes its toll on Home Depot's earnings, but quarterly profits still managed to beat analyst expectations. The stock was higher in pre-market trading on Tuesday.
Yen
Up, Dollar Down - Bloomberg
Between the Bank of Japan's decision to keep its rate at 0.5% and a negative IMF report on the U.S. dollar, the USD/JPY is widely viewed as likely to continue its descent.
Find out what TradingMarkets senior forex strategist Mark Whistler is seeing in the currency markets twice a day with a free trial to Forex Focus! Forex Focus is a twice-daily bulletin on the forex markets for new and experienced currency traders. Click here to start your free trial today!
ETFs:
From Double to Triple - MarketWatch
A new family of leveraged exchange-traded funds seeks to give average, retail traders even more firepower with ETFs that provide as much as three times the underlying market's returns. New funds would track the Dow, S&P 500 and Nasdaq.
Stock
Volatility Reaches 10-Month Low - Bloomberg
The CBOE Volatility Index or VIX is down by more than 50% since its March peak, signalling growing complacency - though traders have begun to position themselves for a return to greater volatility in the near term.
TradingMarkets CEO and co-founder Larry Connors has spent as much time as anyone in figuring out how to make the VIX work for short term stock traders.
Read some of his key insights in this article, one of the 10 TradingMarkets Rules for Traders, "Use the Vix - It Works!"
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:
Amazon.com (AMZN | Quote | Chart | News | PowerRating) soared on news that Goldman Sachs added the company to its "buy" list, citing the potential for growth in the leading online retailer.
For a list of today's highest PowerRating stocks, click here.
| TradingMarkets 5 PowerRatings Stocks for Today |
Company |
Symbol | PowerRatings |
| Savient Pharmaceuticals. | SVNT | 9 |
| KBW Inc.. | KBW | 9 |
| Tal International Group | TAL | 8 |
| Sanderson Farms | SAFM | 8 |
| PF Chang's Chinese Bistro | PFCB | 8 |
| View More Stocks |
| TradingMarkets Tracking the Wizards |
Mastering
the Art of Tape Reading, Part 2 - TradingMarkets
In part two of his discussion on tape reading, Kunal Vakil turns to his personal experience as a trader to explain his thinking on the best stocks to trade, techniques for exiting trades and more.
Big Paulie Still On Top - TradingMarkets
12 for 12 in our TradingMarkets Up or Down Daily Stock Contest, Big Paulie holds a slim lead over a four-way battle for second place as we move into the second half of the month. Click the link in the headline above to register for your chance to win $1,000 a month by correctly guessing the direction of a stock!
Session 4 Swing Trading College Tonight - TradingMarkets
Markets go up and markets go down. Smart traders are able to make money regardless of which way stocks move. In Session 4 of the TradingMarekts Swing Trading College, TradingMarkets co-founder and CEO Larry Connors introduces the key elements in effective short selling as a swing trader. That's Larry Connors live, tonight at 6 p.m. Eastern at TradingMarkets.com.
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