Friday Morning Coffee with TradingMarkets

Good Morning!

Federal Reserve Lends Billions to Investment Banks, $28 Billion to AIG ... New Short Sales Restrictions Planned in US, UK ... Wells Fargo Reaches All Time High ... McCain Says He Would Fire SEC Chief Cox ... Oracle Beats Estimates By Two Cents

If your stock trading could use a boost, then treat yourself to a free, 7-day trial to our Short Term PowerRatings. The highest rated Short Term 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 7 Stocks You Need to Know for Friday

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

• The rally in financial stocks led to a more than 10% gain in Wells Fargo (WFC | Quote | Chart | News | PowerRating), which reached all time highs on Thursday.
  
  
• And the increased likelihood of a suitor had shares of Washington Mutual (WM | Quote | Chart | News | PowerRating) bouncing by more than 48%.
  
  
• With no resolution to a labor stoppage in sight, Boeing (BA | Quote | Chart | News | PowerRating) fought off intraday selling to close up by nearly 2%.
  
  
• The potential of a distribution alliance with Coca Cola (KO | Quote | Chart | News | PowerRating) encouraged traders to bid share of Hansen Natural Corporation (HANS | Quote | Chart | News | PowerRating) higher by more than 17% on Thursday.
  
  
• Gapping down at the open and plunging intraday, Goldman Sachs (GS | Quote | Chart | News | PowerRating) managed to close down just under 6%.
  
  
• Up more than 3% on Thursday, Kraft (KFT | Quote | Chart | News | PowerRating) will replace American International Group in the Dow Jones Industrial Average.
  

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

TradingMarkets 5 PowerRatings Stocks for Friday

TradingMarkets Making Great Traders

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Not surprised by the recent steep market downturns, Gary Kaltbaum details what's to come, including a continually gloomy projection for the financial sector.

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TradingMarkets Daily PowerRatings Analysis

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Looking for stocks that are likely to be higher than the average stock over the next few days? Our 5 PowerRatings Stocks for the Next 5 Days is a great place to start!

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