Wall Street Addict

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Shaw Group (NYSE:SGR - News). SGR's PowerRating (for Traders) is 4.
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.
Navios Maritime Holdings (NYSE:NM - News). NM's PowerRating (for Traders) is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five 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.
Excel Maritime Carriers (NYSE:EXM - News). EXM's PowerRating (for Traders) is 7.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Korn Ferry International (NYSE:KFY - News). KFY's PowerRating (for Traders) is 3.
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.
Foot Locker (NYSE:FL - News). FL's PowerRating (for Traders) is 2.
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.
New York & Company (NYSE:NWY - News). NWY'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.
Countrywide Financial (NYSE:CFC - News). CFC's PowerRating (for Traders) is 3.
Published By TradingMarkets.com

Labels: CFC, EXM, FL, KFY, NM, NWY, SGR, Stocks to Watch

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Excel Maritime Carriers (NYSE:EXM - News) missed earnings on Tuesday, announcing $0.96 EPS versus expectations of $1.05 EPS. EXM's PowerRating (for Traders) is 9.
Arcelor Mittal (NYSE:MT - News) reports earnings on Wednesday morning before the bell, with analysts looking for $1.80 EPS. MT's PowerRating (for Traders) is 6.
Daktronics (NasdaqGS:DAKT - News) is expected too announce $0.22 EPS on Wednesday before the market opens. DAKT's PowerRating (for Traders) is 6.
When GigaMedia (NasdaqGS:GIGM - News) announces quarterly results tomorrow morning before the bell, analysts will be looking for $0.14 EPS. GIGM's PowerRating (for Traders) is 8.
Macy's NYSE:M is looking to report $0.07 EPS tomorrow morning. M does not have a PowerRating (for Traders) due to the symbol's short trading history.
Applied Materials (NasdaqGS:AMAT - News) and Sina (NasdaqGS:SINA - News) both report earnings after the bell on Wednesday, so watch for heightened price action and volume ahead of the close. AMAT's PowerRating (for Traders) is 4, and SINA's PowerRating (for Traders) is 9.
Published by TradingMarkets.com

Labels: AMAT, DAKT, EXM, GIGM, Hot Stocks, MT, SINA

Here are 7 stocks for traders for Tuesday from TradingMarkets.com:
Esco Technologies (NYSE:ESE - News) missed earnings on Monday afternoon, announcing $0.64 EPS versus expectations of $0.66 EPS. ESE's PowerRating (for Traders) is 6.
Bob Evans (NasdaqGS:BOBE - News) beat earnings expectations, announcing $0.45 EPS over $0.39 EPS. BOBE's PowerRating (for Traders) is 3.
Fossil (NasdaqGS:FOSL - News) reports earnings on Tuesday morning before the market opens, with traders looking for $0.34 EPS. FOSL's PowerRating (for Traders) is 7.
When Home Depot (NYSE:HD - News) announces quarterly results on Tuesday before the bell, look for $0.61 EPS. HD's PowerRating (for Traders) is 5.
Pilgrim's Pride (NYSE:PPC - News) looks set to announce $1.13 EPS on Tuesday morning. PPC's PowerRating (for Traders) is 7.
Analysts are watching for Wal-Mart (NYSE:WMT - News) to report $0.67 EPS on Tuesday before the bell rings. WMT's PowerRating (for Traders) is 4.
Excel Maritime Carriers (NYSE:EXM - News) reports earnings after the bell on Tuesday, so watch for heightened price action and volume ahead of the bell. EXM's PowerRating (for Traders) is 10.
Published by TradingMarkets.com

Labels: BOBE, ESE, EXM, FOSL, HD, Hot Stocks, PPC, WMT

Shares of drybulk shippers soared to new highs Monday after a Cantor Fitzgerald analyst raised price targets and earnings estimates on key players, saying vessel rates have surpassed already-bullish expectations.
The Baltic Dry Index, which is managed by the Baltic Exchange in London, jumped 63 points Monday to close at an all-time high of 9537. The index measures drybulk shipping rates on 40 shipping routes on a time charter and voyage basis.
Analyst Natasha Boyden raised her 2007 earnings-per-share estimate on DryShips Inc. to $9.48 from $7.75, and her 2008 expectation to $12.48 from $10.81.
Boyden lifted her price target to $108 from $94.
For Excel Maritime Carriers Ltd., the analyst raised her price target to $68 from $52, saying that the current rate environment is so strong that even the company's older ships, which normally fetch lower rates than newer vessels, should be able to benefit.
She raised full-year earnings estimates for 2007 to $4.43 per share from $3.65 per share, and 2008 expectations to $7.08 from $5.35.
Boyden reiterated her "Buy" rating on both stocks.
In midday trading, shares of DryShips rose $3.74, or 4.1 percent, to $94.58. Earlier, shares traded as high as $94.69, eclipsing a previous year high of $91.78.
Excel Maritime Carriers Ltd. rose $4.37, or 7.8 percent, to $60.17. The stock earlier traded as high as $60.19, topping a previous 52-week high of $59.90.
Diana Shipping Inc. gained $2.47, or 8.7 percent, to $30.97. The stock's intraday high was $31.08, beating a previous year peak of $29.68.
Quintana Maritime Ltd. added 43 cents, or 2.3 percent, to $19.50.
Navios Maritime Holdings Inc. rose 73 cents, or 5.6 percent, to $13.87.
Euroseas Ltd. added 66 cents, or 4.5 percent, to $15.19.
Genco Shipping & Trading gained $1.91, or 2.9 percent, to $67.44.
Published by AP

Labels: DRYS, DSX, EGLE, ESEA, EXM, GNK, Hot Stocks, NM, QMAR