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Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Amazon.com (NasdaqGS:AMZN - News) beat earnings on Tuesday afternoon, announcing $0.19 EPS over an expected $0.18 EPS. AMZN's PowerRating (for Traders) is 4.
Broadcom (NasdaqGS:BRCM - News) also beat expectations on Tuesday with $0.27 EPS over a consensus of $0.07 EPS. BRCM's PowerRating (for Traders) is 5.
Flextronic (NasdaqGS:FLEX - News) also beat with $0.24 EPS over an expected $0.23 EPS. FLEX's PowerRating (for Traders) is 6.
Boeing (NYSE:BA - News) reports earnings on Wednesday morning before the bell, with analysts looking for $1.24 EPS. BA's PowerRating (for Traders) is 4.
ConocoPhillips (NYSE:COP - News) is expected to report $2.17 EPS on Wednesday morning. COP's PowerRating (for Traders) is 6.
Analysts will be watching for Merrill Lynch (NYSE:MER - News) to report -$0.49 EPS on Wednesday morning before the market opens. MER's PowerRating (for Traders) is 5.
Moody's (NYSE:MCO - News) announces quarterly results tomorrow morning; watch for $0.55 EPS. MCO's PowerRating (for Traders) is 4.
Published by TradingMarkets.com

Labels: AMZN, BA, BRCM, COP, FLEX, Hot Stocks, MCO, MER

Refiner stocks mostly fell Wednesday after several companies forecast lower earnings, though analysts said the sector's longer-term prospects are worth the investment.
Valero Energy Corp. on Wednesday became the latest in a string of refiners to issue such a message, saying earnings excluding certain items for the third quarter will be $1.30 to $1.40 per share. Analysts polled by Thomson Financial had on average been expecting earnings of $1.91 per share.
Valero shares fell 37 cents to $71.82.
Analysts urged investors to buy up cheaper shares, however, saying the quarterly results are not an indication of the industry's long-term health.
Goldman Sachs analyst Arjun Murti told investors to "buy any dip" related to Valero's warning in a client note on Wednesday.
"While the transitional nature of 3Q2007 had a more pronounced negative impact on quarterly refining earnings than we expected, oil market conditions have otherwise turned decidedly bullish, which will ultimately benefit Valero and the refining sector," Murti wrote.
Citigroup analyst Doug Leggate reiterated his "Buy" rating for Valero and called any share-price weakness an opportunity to do just that.
"Clearly, the market reaction will not be positive," Leggate wrote in a note Wednesday. "That said, 3Q07 is over. A poor quarter should not be a major surprise."
Chevron Corp. said Tuesday its third-quarter profit will drop sharply from record levels reached during the spring. Banc of America Securities analyst Daniel Barcelo focused on the company's future prospects in a client note Wednesday.
"Any significant pull back in Chevron's share price could present a good buying opportunity into 2008 given its oil price exposure and visible deepwater growth to the end of the decade," he wrote.
ConocoPhillips and Marathon Oil Corp. have also said they expect third-quarter earnings to be hit by weak margins.
ConocoPhillips shares rose 16 cents to $86.04 as Marathon shares fell 67 cents to $57.71.
Citigroup analyst James Neale said expectations for BP PLC's third quarter are negative, but reinforced the sentiment, also expressed by other analysts, that BP's operational turnaround and production boosts next year will propel its shares upward.
BP shares fell 3 cents to $71.15.
Published by AP

Labels: BP, COP, CVX, FTO, HES, MRO, MUR, SU, SUN, TOT, TSO, VLO, XOM

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.Bullish5+ 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.Quest Diagnostics (NYSE:DGX - News). DGX's PowerRating (for Traders) is 6.5+ 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.ConocoPhillips (NYSE:COP - News). COP's PowerRating (for Traders) is 7.2-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.LSB Industries (NYSE:LXU - News). LXU's PowerRating (for Traders) is 8.Bearish5+ 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.Continental Airlines (NYSE:CAL - News) . CAL's PowerRating (for Traders) is 3.5+ 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.American International Group (NYSE:AIG - News). AIG's PowerRating (for Traders) is 4.2-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.Hot Topic (NasdaqGS:HOTT - News). HOTT'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.KB Home (NYSE:KBH - News). KBH's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: AIG, CAL, COP, DGX, Hot Stocks, HOTT, KBH, LXU

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.
Cooper Companies (NYSE:COO - News). COO's PowerRating (for Traders) is 6.
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.
Paychex (NasdaqGS:PAYX - News). PAYX's PowerRating (for Traders) is 6.
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.
ConocoPhillips (NYSE:COP - News). COP'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.
Barnes & Noble (NYSE:BKS - News) . BKS'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.
NYSE Euronext (NYSE:NYX - News). NYX'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.
Sears Holding Corporation (NasdaqGS:SHLD - News). SHLD'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.
Fuel Tech (NasdaqGM:FTEK - News). FTEK's PowerRating (for Traders) is 3.
Published by TradingMarkets.com

Labels: BKS, COO, COP, FTEK, Hot Stocks, NYX, PAYX, SHLD

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.
Cooper Companies (NYSE:COO - News). COO's PowerRating (for Traders) is 6.
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.
Paychex (NasdaqGS:PAYX - News). PAYX's PowerRating (for Traders) is 6.
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.
ConocoPhillips (NYSE:COP - News). COP'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.
Barnes & Noble (NYSE:BKS - News) . BKS'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.
NYSE Euronext (NYSE:NYX - News). NYX'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.
Sears Holding Corporation (NasdaqGS:SHLD - News). SHLD'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.
Fuel Tech (NasdaqGM:FTEK - News). FTEK's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: BKS, COO, COP, FTEK, NYX, PAYX, SHLD, Stocks to Watch

Najarian: the weak dollar is bullish for technology stocks, which will benefit off of global growth. Finerman: buying S&P 500 and Russell put options to hedge her portfolio.Oil was above $83 again for the fourth record close in a row. Finerman suggests buying ConocoPhillips (COP). Najarian says to buy oil service stocks like Baker-Hughes (BHI), Halliburton (HAL) and Schlumberger (SLB).Word on the StreetGoldman Sachs (GS): Record numbers on Thursday. Najirian would sell on the news.FedEx (FDX): reported a 4% rise in profits, but cut forecasts. Macke thinks FedEx's problems are company-specific. He also reminded investors to never own a stock where the CEO blames the economy on a bad quarter, which FedEx did. Adami said Fed Ex isn't at the level he would buy, but it's getting close.Oracle (ORCL): traded up after hours on strong earnings and revenue. Macke thinks Oracle is a very good company hitting on all cylinders. Adami and Najarian like the acquisitions that Oracle has made recently.Cree (CREE) and Brightpoint (CELL): Najarian saw huge monster volume on the CREE September $35 calls and the CELL April $20 calls.Nike (NKE): reported bullish earnings and revenues after the close on Thursday. Finerman thinks the news gives a buy signal for Brown Shoe (BWS), which sells a lot of Nike shoes. Macke disagreed. Najirian says to watch Under Armor (UA), because if they are doing well than Nike will do well.PC Growth: Morgan Stanley raised PC growth forecasts by 4%. This adds momentum for technology stocks and will be bullish for Dell (DELL), Hewlett-Packard (HPQ), Apple (AAPL), Intel (IMTC), and AMD (AMD).Stem Cell: Najarian says the pure play in the stem cell space is Geron (GERN). For other big caps look at Celgene (CELG), Amgen (AMGN) and AstraZeneca (AZN).Dubai announced on Thursday a 20% stake in both the NASDAQ and London Stock Exchange. Higher oil prices have left the Gulf state flush with cash. Macke says look at Tiffany's (TIF) and Saks (SKS) and get ahead of the possibility of Dubai taking a stake in these firms. Adami says buy Fluor (FLR) and McDermott (MDR). Finerman would play the exchange names like NASDAQ (NDAQ), NYMEX (NMX), and NYSE (NYX).POPS & DROPSPOPS: Athenahealth (ATHN), Monolithic Power Systems (MPWR), Carnival Cruise (CCL), Motorola (MOT).Drops: CKE Restaurants (CKR), Pier One Imports (PIR), Lowe's (LOW), Infosys (INFY), Pacific Ethanol (PEIX).Face2FaceFirst writer said, "Lee Raymond, the former CEO of Exxon Mobil (XOM) has said that the price of oil shouldn't be $80 per barrel. If so, perhaps there is no "real" inflation at all. Finerman disagrees with the idea that speculators can control prices in the longer term.Another writer asked why EMC Corp (EMC) hasn't broken out of its current trading range, while VMware (VMW). Adami recalls that traders sold EMC to buy VMW, but those traders will be coming back to EMC. He expects EMC to go over $20.Final TradeMacke: Added to his position in Activision (ATVI).Adami: says buy Oracle (ORCL) as long as it stays above $20.50.Finerman: going long on BEA Systems (BEAS).Najarian: buy Sohu.com (SOHU)

Labels: AAPL, AMD, ATHN, AZN, CELL, COP, CREE, FDX, FLR, GS, NKE, ORCL, PEIX, SKS, SLB, TIF, VMW

ConocoPhillips said Wednesday its second-quarter profit dropped 94 percent as the nation's third-largest oil company incurred a $4.5 billion charged related to its assets in Venezuela, where it has abandoned its heavy oil projects.
But the company's shares rose after adjusted earnings topped Wall Street expectations.
The April-June result amounted to net income of $301 million, or 18 cents a share, compared with last year's robust second quarter when ConocoPhillips posted a profit of $5.18 billion, or $3.09 a share.
Revenue in the most recent quarter rose to $47.4 billion from $47.1 billion in the year-ago period.

Labels: ConocoPhillips, COP

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Amazon.com (NasdaqGS:AMZN - News) beat earnings on Tuesday, reporting $0.19 EPS over an expected $0.16 EPS. AMZN's PowerRating is 8.
Boeing (NYSE:BA - News) should report $1.16 EPS on Wednesday before the market opens. BA's PowerRating is 4.
When Colgate-Palmolive (NYSE:CL - News) announces earnings early Wednesday morning, look for $0.83 EPS. CL's PowerRating is 5.
ConocoPhillips (NYSE:COP - News) is expected to announce $2.68 EPS on Wednesday morning before the market opens. COP's PowerRating is 7.
Analysts will be watching for Xerox (NYSE:XRX - News) to report $0.27 EPS tomorrow morning. XRX's PowerRating is 6.
When New York Times (NYSE:NYT - News) reports earnings early tomorrow morning, be watching for $0.31 EPS. NYT's PowerRating is 5.
Tribune (NYSE:TRB - News) should report $0.49 EPS tomorrow morning. TRB's PowerRating is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: AMZN, BA, CL, COP, Hot Stocks, NYT, TRB, XRX