Wall Street Addict

Monsanto (NYSE:MON) reported second quarter earnings surged by 83% on 45% higher revenue than a year ago. MON's Short Term PowerRating is 6.
Profit fell much less than expected at Best Buy (NYSE:BBY), with earnings beating estimates by $0.06. BBY's Short Term PowerRating is 4.
CarMax (NYSE:KMX) reported a 48% decline in profit, missing estimates by $0.07. KMKX's Short Term PowerRating is 4.
The Wall Street Journal reported that National City (NYSE:NCC) is in talks to sell itself to rival KeyCorp (NYSE:KEY - News). NCC's Short Term PowerRating is 7.
After the close, Research In Motion (NasdaqGS:RIMM) reported earnings of $0.72 per share, versus estimates of $0.70. RIMM's Short Term PowerRating is 5.
And Micron Technology (NYSE:MU) missed estimates by $0.05. MU's Short Term PowerRating is 2.
Before the market open on Thursday, Constellation Brands (NYSE:STZ) is scheduled to report, with analysts looking for $0.25. STZ's Short Term PowerRating is 4.

Labels: BBY, Best Buy Inc., CarMax, Constellation Brands, KEY, KMX, MON, Monsanto, MU, NCC, Research in Motion, RIMM, Stocks to Watch, STZ

Fast Money reviewed the effects the rate cut had on the stock market this past week. Najarian believes the Fed has eased the concerns on Wall Street with the rate cuts. Finerman feels that the fear from the credit scares and hedge fund blow ups has been lifted. Macke thinks inflation fears, which are longer term, replaced the credit fears. Macke recommends getting out of the dollar and spend instead. Macke's picks retailers like Best Buy (BBY), GameStop (GME) and J. Crew (JCG). Dennis Gartman joined the crew to discuss his take on the action in the commodities markets. Gartman declares that if you want to own gold, soybeans, oil and steel, "own all the things that would hurt if you dropped them on your foot." Najarian's Tech Picking: Oracle (ORCL), Intel (INTC), and Apple (AAPL). He also picked Texas Instruments (TXN) and Google (GOOG), after it traded at its record high on Friday.On Friday news broke that KKR and Goldman pulled out of a deal to buyout Harman (HAR) for $8 billion. Jim Cramer said "we will have many more blowups in the next few weeks like Harman." Finerman: Genesco (GCO). Najirian: United Rentals (URI).Fall Trade: Media Reporter Julia Boorstin says ABC will benefit most, being controlled by Disney (DIS) and its upcoming fall lineup. She said that ads are moving online and networks are giving away their shows. She recommends General Electric (GE). Adami likes Google (GOOG).Adami recommends defense stocks and Ford (F) over GM, while Najirian recommends tech stocks like Intel Corporation (INTC) and Texas Instruments (TXN).
Fast Fire:
Finerman: Home Depot (HD)
Macke: General Motors (GM)Pops & Drops:Pops: Macke-AT&T (T), Blue Nile (NILE), and Oracle (ORCL), Finerman- NYSE Euronext (NYX) and Estee Lauder (EL), Najirian: Transocean (RIG), Adami: Cisco Systems (CSCO).Drops: Adami- FedEx (FDX), Brocade Communications (BRCD). Macke- Pool Corporation (POOL).Final Trade: Finerman- NYSE Euronext (NYX), Najarian- BJ Services (BJS), Macke- General Motors (GM)

Labels: AAPL, BBY, CNBC's Fast Money, GM, GME, GOOG, HD, INTC, NILE, NYX, ORCL, TXN, URI

Here are 7 stocks for traders for Friday from TradingMarkets.com:
Oracle (NasdaqGS:ORCL - News) beat earnings expectations on Thursday afternoon, announcing $0.22 EPS over an expected $0.21 EPS. ORCL's PowerRating (for Traders) is 5.
Tektronix (NYSE:TEK - News) also beat earnings with $0.22 EPS over an expected $0.21 EPS. TEK's PowerRating (for Traders) is 5.
Circuit City (NYSE:CC - News) fell 17% on Thursday after missing earnings in the morning. Rivals Best Buy (NYSE:BBY - News) and Radioshack (NYSE:RSH - News) also dropped, in an industry-wide slip. CC's PowerRating (for Traders) is 4, BBY's PowerRating (for Traders) is 4 and RSH's PowerRating (for Traders) is 4.
General Motors (NYSE:GM - News) fell over 1% on reports of continued haggling over a union-run retiree health-care fund with the United Auto Workers. GM's PowerRating (for Traders) is 5.
Motorola (NYSE:MOT - News) gained over 3% on Thursday on analyst reports that rival Samsung is out of stock, giving MOT more room to sell products. MOT's PowerRating (for Traders) is 4.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: BBY, CC, GM, Hot Stocks, MOT, ORCL, RSH, TEK

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Apollo Group (NasdaqGS:APOL - News). APOL's PowerRating (for Traders) is 7.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Leap Wireless (NasdaqGS:LEAP - News). LEAP's PowerRating (for Traders) is 8.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Pride International (NYSE:PDE - News). PDE's PowerRating (for Traders) is 6.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
US Bancorp (NYSE:USB - News). USB's PowerRating (for Traders) is 4.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Jabil Circuit (NYSE:JBL - News). JBL's PowerRating (for Traders) is 3.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
Best Buy (NYSE:BBY - News). BBY's PowerRating (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Bebe Stores (NasdaqGS:BEBE - News). BEBE's PowerRating (for Traders) is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: APOL, BBY, BEBE, Hot Stocks, JBL, LEAP, PDE, USB

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Adobe Systems (NasdaqGS:ADBE - News) beat earnings on Tuesday afternoon, announcing $0.45 EPS over an expected $0.41 EPS. ADBE's PowerRating (for Traders) is 6.
The European Union announced it had denied Microsoft's (NasdaqGS:MSFT - News) appeal to a negative anti-trust suit, forcing MSFT to pay a $497 million euro fine. MSFT's PowerRating (for Traders) is 4.
AutoZone (NYSE:AZO - News) reports earnings on Tuesday morning, with analysts looking for $3.25 EPS. AZO's PowerRating (for Traders) is 4.
Best Buy (NYSE:BBY - News) should announce $0.44 EPS when the company reports earnings on Tuesday before the bell. BBY's PowerRating (for Traders) is 4.
Kroger (NYSE:KR - News) is looking to report $0.34 EPS on Tuesday morning. KR's PowerRating (for Traders) is 5.
Analysts are watching for Lehman Brothers (NYSE:LEH - News) to announce $1.52 EPS Tuesday before the market opens. LEH's PowerRating (for Traders) is 3.
Watch for Darden Restaurants (NYSE:DRI - News) to report $0.70 EPS on Tuesday morning. DRI's PowerRating (for Traders) is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ADBE, AZO, BBY, DRI, Hot Stocks, KR, LEH, MSFT