Client News Release
TradingMarkets 7 Stocks You Need to Know for Tuesday (TradingMarkets.com) and TradingMarkets 7 ETFs You Need to Know for Tuesday (TradingMarkets.com)
City of Industry, CA --(www.FinancialNewsUSA.com)-- 12/02/2008 - Investing Ideas industry news provided by Financial News USA (OTC: FNWU). After days of increasingly overbought markets, the sellers stepped in on Monday with a vengeance, sending the S&P 500 down nearly 8% late in the trading day.The Dow fell 679.95. The Nasdaq Composite lost 137.50. And the S&P 500 ended the day down 80.03.
Here are 7 Stocks You Need to Know for Tuesday. Marvell Technology Group (NasdaqGS: MRVL) reports quarterly earnings Tuesday after the market closes. Analysts are expecting earnings per share of 0.21. The Short Term PowerRating for MRVL is 2. Sears Holdings (NasdaqGS: SHLD), run by former hedge fund manager Eddie Lampert, provides quarterly earnings Tuesday morning before the bell. The company is expected to announce EPS of -0.49. The Short Term PowerRating for SHLD is 3.Yahoo! (Nasdaq: YHOO) knocked down weekend rumors - and an overseas newspaper report - that the company was considering sale of its search engine business to Microsoft (Nasdaq: MSFT). [Read the full article]
Five days of advancing markets on low volume ending on Friday have resulted in some aggressive profit-taking on Monday. Weakness in technology stocks, especially semiconductors, was marked. We include a number of technology ETFs in our report below.
Here are 7 ETFs You Need to Know for Tuesday.Among the most widely traded technology ETFs is the SPDRS Technology Sector ETF, XLK (AMEX: XLK), which provides traders with exposure to some of the biggest tech stocks such as Microsoft (Nasdaq: MSFT), Apple (Nasdaq: AAPL) and IBM (NYSE: IBM).Weakness on Monday was particularly pronounced in semiconductor stocks. Avoid sector risk with semiconductor ETFs such as the ProShares UltraSemiconductor ETF, USD (NYSE: USD), a two-to-one leveraged fund. [Read the full article]
Your financial ship is taking on water from all sides: a plunging stock market, alarming spikes in food costs and a home value that's headed in the wrong direction. Now, Congress is enlisting your help to bail out Wall Street as well. Ready for some good news?Preposterous though it may seem, we have identified seven islands of relief in this dark sea of economic uncertainty.That's right -- seven categories of consumer goods and services in which prices have actually declined over the past decade.The good news comes from the Bureau of Labor Statistics' Consumer Price Index, or CPI. [Read the full article]
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