Friday, July 31, 2009

Stocks Trading Up in Pre-Market

ANDS, DRYS, CBOU, AMCC, SQNM

JAZZ, ASML, AKAM, FUQI, YHOO

Upgrades and Downgrades

Upgrades:

BEC, ULBI, ISLN, ANDS, INSU

CHE, OFIX, CMP, CHH, VSEA

POWI, OMX, IRBT, MOT, CFX

FARO, VCI

Downgrades:

VTR, PKI, DIS, RTP, GPRO

IRM, SYNA, RATE, ARIA

Stocks to Watch

GDP: Slower shrinking

Morning News

Futures are pointing to a higher open

In Japan the Nikkei 225 closed up 1.9%

In Hong Kong the Hang Seng closed up 1.7%

European markets are currently flat

GDP

Employment Cost Index

Chicago PMI

Farm Prices

Crude Oil is $67 per barrel

Gold is $941 per ounce

7 Stocks you need to know for Friday

Stocks surged higher Thursday hitting levels not seen since November of last year. A strong Treasury auction and another round of strong earning reports powered the rally. The DJIA climbed 83.74 after trading much higher intraday, the Nasdaq added 16.54 and the S&P 500 surged 11.60.

Friday is another heavy session of earning releases. Here are 7 stocks you need to know.

Weyerhaeuser (WY | Quote | Chart | News | PowerRating) is forecasting a loss of 71 cents/share Friday before the bell.

Newspaper kingpin, Washington Post (WPO | Quote | Chart | News | PowerRating), expects to see second quarter earnings of $3.62/share prior to the trading session on Friday.

Airline, British Airways (BAIRY | Quote | Chart | News | PowerRating), announces full year results with a forecast loss of $2.12/share weighing on the company before the open on Friday.

Insurer, CNA Surety (SUR | Quote | Chart | News | PowerRating), has forecast a gain of 45 cents/share for the second quarter before the bell Friday.

Popular steak house, Ruth Chris (RUTH | Quote | Chart | News | PowerRating), expects an EPS of 7 cents on Friday prior to the open.

Innovative tool company, Snap-On (SNA | Quote | Chart | News | PowerRating), is fully expecting to see an EPS of 73 cents for the second quarter before the bell on Friday.

The trust formed to consolidate all the bad home loans

, PennyMac (PMT | Quote | Chart | News | PowerRating), cut its IPO by 20% and shares fell on the first day of trading.

Thursday, July 30, 2009

Stocks Trading Up in Pre-Market

CHINA, SONS, TRMA, KPPC, AGNC

ARTG, ARMH, NVAX, JASO, DRYS

Upgrades and Downgrades

Upgrades:

BDN, KWR, TEL, WBK, MANT

EQR, RCL

Downgrades:

SYMC, FLEX, AMMD, FPO, EFII

V, AKAM, CML, APU, SPF, CATY

DRIV, CPA, OPTR, PCS, LEAP

AIQ, UIL, PGN

Stocks to Watch

Morning News

Futures are pointing to a higher open

In Japan the Nikkei 225 closed up 0.5%

In Hong Kong the Hang Seng closed up 0.5%

European market are currently trading higher

GE gets a buy recommendation from Goldman

Jobless Claims

EIA Natural Gas Report

Money Supply

Equity Settlements

Crude Oil is $64 per barrel

Gold is $933 per ounce

Stock Tiger Video for July 30th

7 Stocks you need to know for Thursday

Word from the Fed that the Recession is slowing in many regions was not enough impetus to push stocks higher on the close. Disappointment in the widely anticipated Microsoft/Yahoo search deal weighed heavily on sentiment leading to a choppy, lack luster overall trading session. The DJIA slipped 26.00, the Nasdaq gave back 7.75 and the broad based S&P 500 dropped 4.47.

Thursday is an extremely active day for earnings; here are 7 of the expected highlights.

Long time cosmetic maker Revlon (REV | Quote | Chart | News | PowerRating) is expected to see a second quarter loss of 8 cents/share Thursday before the open.

Consumer credit kingpin, Mastercard (MA | Quote | Chart | News | PowerRating), has analysts awaiting a second quarter EPS of $2.41 prior to the start of trading on Thursday.

Wall Street has forecast an EPS of 82 cents for consumer food maker Kellogg (K | Quote | Chart | News | PowerRating) Thursday morning before the bell.

Oil giant, Exxon Mobil (XOM | Quote | Chart | News | PowerRating), reports Thursday before the open with an expected EPS of $1.02 for the second quarter.

My kid's favorite stock, Build-A-Bear Workshops (BBW | Quote | Chart | News | PowerRating), is forecast to take a loss of 25 cents/share for the second quarter prior to trading.

Computer software firm, McAfee (MFE | Quote | Chart | News | PowerRating), announces its second quarter earnings during the trading session with an expected EPS of 45 cents.

50 cents/EPS is what Walt Disney Company (DIS | Quote | Chart | News | PowerRating) is forecast to announce after the trading session closes on Thursday.

Wednesday, July 29, 2009

Stocks Trading Up in Pre-Market

ELRN, KLIC, BPHX, LIFE, EVTC

VPHM, PACR, IDCC, ARTG, ACFN

Upgrades and Downgrades

Upgrades:

CPB, MEE, ECL, MCK, WTFC

Downgrades:

CAVM, PERY, PMTC, TAM, ARMH

SPSS, SBNY, WDC, FPL

AAPL CHART


Apple, Inc. breaks out over $160 per share. Look for good volume on this break out to the upside.

GMCR CHART


Green Mountain Coffee, Inc. breaks out over $70 per share so keep it on the trading radar.

Morning News

Futures are pointing to a lower open

In Japan the Nikkei 225 closed up 0.25%

In Hong Kong the Hang Seng closed down 2.4%

European markets are currently trading higher

Microsoft, Yahoo deal coming - report

Profiting from bank failures

MBA Purchase Applications

Durable Goods Orders

EIA Petroleum Status Report

Beige Book

Fed Speech

Crude Oil is $65.80 per barrel

Gold is $940 per ounce

7 Stocks you need to know for Wednesday

Consumer confidence figures cratered for the second month in a row despite definitive signals of strength in the economy. Federal Reserve Governor, Janet Yellen, reiterated that a recovery has begun but hedged her optimism by stating it may be a long, drawn out process. The negative confidence numbers combined with a mixed plate of earning reports resulted in the DJIA falling back 11.79, the Nasdaq eased higher by 7.62, and the S&P 500 gave back 2.56.

Here are 7 stocks you need to know for Wednesday.

Media monster, Time Warner (TWX | Quote | Chart | News | PowerRating), is expecting to see a second quarter EPS of 36 cents prior to the session on Wednesday.

After the close on Wednesday, Visa (V | Quote | Chart | News | PowerRating), is forecasting a fiscal third quarter EPS of 64 cents.

Viacom (VIA-B | Quote | Chart | News | PowerRating) - posted lower than expected second quarter results but made it clear that future revenue looks strong.

Rating and research agency, Moody's (MCO | Quote | Chart | News | PowerRating), expects an EPS of 30 cents for the second quarter revealed before the start of trading Wednesday morning.

The second quarter is expected to show an EPS of 51 cents for Coca Cola Enterprises (CCE | Quote | Chart | News | PowerRating), announced Wednesday before the bell.

Wellpoint (WLP | Quote | Chart | News | PowerRating) has its eye on second quarter results of $1.43/share prior to the start of trading on Wednesday.

Golf kingpin, Callaway (ELY | Quote | Chart | News | PowerRating), is looking for an EPS of 12 cents after the close on Wednesday.

Tuesday, July 28, 2009

Stocks Trading Up in Pre-Market

ARIA, AVII, ACAD, BCRX, SPSS

AMGN, EVVV, MYL, NWS, VICL

Upgrades and Downgrades

Upgrades:

ELY, VARI, VECO, APD, UFS

ENOC, ADSK

Downgrades:

DB, ERIC, XEC, PCL, PRGO, PM

WSFS, LEN, DB, CS, SERS, WGOV

Stocks to Watch Today

Morning News

Futures are pointing to a lower open

In Japan the Nikkei 225 closed flat

In Hong Kong the Hang Seng closed up 1.85%

European markets are currently flat

ICSC-Goldman Store Sales

Redbook

State Street Investor Confidence Index

Consumer Confidence

Fed Speech

Crude Oil is $68.35 per barrel

Gold is $957.50 per ounce

Stock Tiger Video for July 28th

7 Stocks you need to know for Tuesday

Great news from the credit markets that the LIBOR dropped below 0.50% and bullish word from the new home sales front were not enough to trigger aggressive buying in equities. Negative earning news from several bellwethers suppressed any rally attempt with the major indexes just pushing above break even late in the session. The DJIA late day surge pushed it up 15.27, the Nasdaq eased higher by 1.93 and the broad based S&P 500 added 2.92.

Here are 7 Stocks you need to know about for Tuesday.

Mid level luxury handbag and leather good maker, Coach (COH | Quote | Chart | News | PowerRating), is expecting to see fiscal fourth quarter earnings Tuesday morning before the bell, with an expected EPS of 42 cents/share.

One of the original internet companies, EarthLink (ELNK | Quote | Chart | News | PowerRating), announces its 2nd quarter performance prior to trading Tuesday, with an expected EPS of 26 cents.

Fresh Del Monte Produce (FDP | Quote | Chart | News | PowerRating) is forecast to reveal a second quarter EPS of 70 cents before the bell on Tuesday.

The largest gain in new home sales in eight years triggered a bullish surge in such stalwarts as Lennar (LEN | Quote | Chart | News | PowerRating) and Centex (CTX | Quote | Chart | News | PowerRating).

Generic drug giant, Teva Pharmaceuticals (TEVA | Quote | Chart | News | PowerRating), has analysts waiting for a second quarter EPS of 80 cents before trading starts on Tuesday.

Struggling computer innovator, Unisys (UIS | Quote | Chart | News | PowerRating), is forecasting a loss of 1 cent for the second quarter before the bell Tuesday morning.

Monday, July 27, 2009

Stocks Trading Up in Pre-Market

ACAD, AMPL, BCRX, NVAX, VICL

SQNM, NUAN, GOLD, CSIQ, JASO

Upgrades and Downgrades

Upgrades:

TYPE, PNK, CNW, CRAI, RDC

ESV, UNH, FINL, TROW, BEAV

KNX, GDI, OXPS, SHPGY

Downgrades:

WAB, CHSI, TC, AUY, BA

CHRW, ADSK, EXC, UTL

COG

Morning News

Futures are pointing to a higher open

In Japan the Nikkei 225 closed up 1.45%

In Hong Kong the Hang Seng closed up 1.35%

European markets are currently trading higher

New Home Sales

10 Ways Google is Trying to Kill Microsoft

Bernanke: Economy to bounce back stronger

Crude Oil is $68.60 per barrel

Gold is $961 per ounce

Sunday, July 26, 2009

Economic Data for the Week

Earnings for Monday

Multi Charts Daily Indexes

Stock Tiger Video for July 27th

7 Stocks you need to know for Monday

Microsoft messed up the earnings rally by disappointing the street with below par quarterly numbers. However, positive words from Ben Bernanke stating he was winding down the emergency financial measures counteracted the earnings let down, allowing stocks to close mixed on the day. The DJIA managed to turn positive adding 23.95, the Nasdaq gave back 7.64 and the broad based S&P 500 advanced another 2.97.

Corning (GLW | Quote | Chart | News | PowerRating) is expecting second quarter results of 30 cents/share before the bell Monday.

60 cents/EPS is the forecast figure for Honeywell (HON | Quote | Chart | News | PowerRating) announced prior to trading on Monday.

Chicken king Tyson Foods (TSN | Quote | Chart | News | PowerRating) is looking for an EPS of 18 cents pre-open Monday morning for its second quarter.

XL Capital (XL | Quote | Chart | News | PowerRating) announces its second quarter results after the close on Monday with a predicted number of 67 cents/share.

Microsoft (MSFT | Quote | Chart | News | PowerRating) missed earnings estimates but is making significant progress in settling the European Unions antitrust suit.

Monday's highlight occurs after the bell when Amgen (AMGN | Quote | Chart | News | PowerRating) reveals its second quarter results with an expected EPS of $1.15.

Uptrending internet travel company, Travelzoo (TZOO | Quote | Chart | News | PowerRating), is forecast to see an EPS of 2 cents prior to the opening bell on Monday.

Friday, July 24, 2009

Jul 24 - Before the Open

Stocks Trading Up in Pre-Market

CSIQ, SPWRA, SEPR, ENER, FSLR

ESLR, SOLF, JASO, CSUN, RFMD

Upgrades and Downgrades

Upgrades:

CNW, PLD, HSY, KNXA, SFSF

CBE, RSH, TSU, SPWRA, HSII

PSSI

Downgrades:

SPNC, POT, SWY, KALU, HSY

INFA, ESV, HITT, SCHW, MSFT

RX, NFLX

Stocks to Watch

Morning News

Futures are pointing to a higher open

In Japan the Nikkei 225 closed up 1.55%

In Hong Kong the Hang Seng closed up 0.83%

European markets are currently trading higher

Consumer Sentiment

Crude Oil is $67.30 per barrel

Gold is $952.50 per ounce

Stock Market Review

7 Stocks you need to know for Friday

Earnings enthusiasm pushed stocks above the classic technical resistance levels as the bulls took control of the market. Surprisingly strong housing figures combined with the upbeat earnings guided shares

solidly higher on the day. Word of Warren Buffett earning billions on his long Goldman Sachs play further added to the optimistic tone. The DJIA soared 188.03, the Nasdaq advanced 47.22, and the S&P 500 climbed 22.22.

Tool maker, Black & Decker (BDK | Quote | Chart | News | PowerRating), announces earnings before the bell Friday with an expected EPS of 37 cents/share.

Chemical giant, Ashland (ASH | Quote | Chart | News | PowerRating), is predicted to see an EPS of 92 cents for the fiscal third quarter prior to the opening of trading on Friday.

Schlumberger (SLB | Quote | Chart | News | PowerRating) has forecast second quarter earnings of 63 cents/share revealed Friday morning before the trading day starts.

Microsoft (MSFT | Quote | Chart | News | PowerRating) disappointed investors with a 29% profit decrease and internet retailer Amazon (AMZN | Quote | Chart | News | PowerRating) posted a 10% profit decline for this quarter after the close.

Retail option broker, OptionsXpress (OXPS | Quote | Chart | News | PowerRating) is expecting to see second quarter earnings of 25 cents/share Friday morning before the bell.

T. Rowe Price (TROW | Quote | Chart | News | PowerRating) announces its second quarter results before trading opens on Friday with forecast earnings of 34 cents.

Thursday, July 23, 2009

Jul 23 - Before the Open

Upgrades and Downgrades

Upgrades:

COHU, EBAY, CSL, NTAP, CS

SANM, TBI

Downgrades:

CTXS, BCR, RATE, MCO, ACTU

LOGI, MSCC, FIT, QCOM, CRA

RHT, HTS, CMO, AGNC, NCI

Stocks to Watch

Morning News

Futures are pointing to a higher open

In Japan the Nikkei 225 closed up 0.50%

In Hong Kong the Hang Seng closed up 3%

European markets are currently trading lower

Jobless Claims

Existing Home Sales

EIA Natural Gas Report

Money Supply

Amazon scoops up Zappos.com

Crude Oil is $65 per barrel

Gold is $953 per ounce

Wednesday, July 22, 2009

Stock Tiger Video for July 23rd

7 Stocks you need to know for Thursday

Stocks ended their winning streak today closing the session mixed. Positive earnings from Starbucks and Apple lifted the Nasdaq into positive territory but falling oil prices and banks depressed the DJIA and S&P 500. Highly negative sentiment emanated from Morgan Stanley who stated the current rally may be transitory and clients should sell into any strength. The DJIA fell 34.68, the Nasdaq gained 10.18 and the broad based S&P 500 fell 0.51.

Here are 7 stocks you need to know for Thursday.

A slight uptick in home prices has focused investor attention on builders KB Home (KBH | Quote | Chart | News | PowerRating) and Lennar Corp (LEN | Quote | Chart | News | PowerRating).

An EPS of 51 cents is what telephone giant AT&T (T | Quote | Chart | News | PowerRating) is expecting to see before the open Thursday morning.

Struggling U.S. Automaker Ford (F | Quote | Chart | News | PowerRating) has analysts predicting a loss of 55 cents for the second quarter announced pre-open on Thursday.

McDonald's (MCD | Quote | Chart | News | PowerRating) has forecast second quarter earnings to be 96 cents/share with the actual number being announced before the bell Thursday.

Analysts are predicting a second quarter EPS of 46 cents for gold miner Newmont Mining (NEM | Quote | Chart | News | PowerRating) announcing Thursday morning before trading starts.

Bristol Myers Squibb (BMY | Quote | Chart | News | PowerRating) will announce its 2nd quarter EPS during trading hours with a forecast number of 47 cents/share.

Jul 22 - Before the Open

Stocks Trading Up in Pre-Market

AAPL, ATHR, CKSW, ONXX, SBUX

FULT, SPAR, HGSI, NVAX, WYNN

Upgrades and Downgrades

Upgrades:

STX, GOL, TAM, TMRK, SBUX

MD, INTC, CHIC, BSY, MANH

LMT, KFT, AMX, SY, CSCO, TXN

Downgrades:

SPAR, AAN, NOC, SEPR, ASI

AGII, HALL, BTU, FCX, PPDI

Stocks to Watch

Morning News

Futures are pointing to a lower open

In Japan the Nikkei 225 closed up 0.75%

In Hong Kong the Hang Seng closed down 1.3%

European markets are currently trading down

MBA Purchase applications

Fed Speech

EIA Petroleum Status Report

Weekly Bill Settlements

Crude Oil is $65 per barrel

Gold is $947 per ounce

Stock Tiger Video for July 22nd

7 Stocks you need to know for Wednesday

Stocks advanced for their 6th straight daily gain. Research has indicated that 77% of the reporting companies on the S&P 500 have beat earnings estimates this period. Bernanke appeared slightly nervous during his testimony stating that the markets remain stressed and the budget deficit poses a serious threat to the recovery. Despite Bernanke's nervousness, stocks closed higher with the DJIA adding another 67.79, the tech heavy Nasdaq advanced 6.91 and the broad based S&P 500 climbed 3.45.

Here are 7 stocks you need to know about for Wednesday.

Pizza chain king, Domino's Pizza (DPZ | Quote | Chart | News | PowerRating), reports second quarter earnings Wednesday morning before the bell with an expected EPS of 20 cents.

Eli Lilly (LLY | Quote | Chart | News | PowerRating) is estimated to see an EPS of $1.02 prior to market open on Wednesday.

Drug giant, GlaxoSmithKline (GSK | Quote | Chart | News | PowerRating) reports Wednesday before trading with an average analyst estimate of 86 cents/share.

Boeing (BA | Quote | Chart | News | PowerRating) is counting on an EPS of $1.19 for the second quarter announced before the bell on Wednesday.

Exelon (EXC | Quote | Chart | News | PowerRating) withdrew its offer to purchase Princeton NJ based NRG (NRG | Quote | Chart | News | PowerRating).

Wells Fargo (WFC | Quote | Chart | News | PowerRating) announces 2nd quarter earnings before the open with an expected EPS of 35 cents.

Tuesday, July 21, 2009

Jul 21 - Before the Open

Caterpillar Profit Exceeds Estimates

Caterpillar (CAT) has exceeded earnings estimates and is trading up on the news so keep it on the radar.

Stocks Trading Up in Pre-Market

BUCY, JDAS, SPPI, JASO, MICC

JOYG, FEED, SQNM, DRYS, WYNN

Upgrades and Downgrades

Upgrades:

NTAP, PETS, HGSI, TNK, VLCCF

TNP, B, PKG, IP

Downgrades:

ZION, RBC, ROLL, NOK

Stocks to Watch Today

Morning News

Futures are currently flat

In Japan the Nikkei 225 closed up 2.75%

In Hong Kong the Hang Seng closed flat

European markets are currently trading higher

ICSC-Goldman Store Sales

Redbook

Fed Speech

CIT gets a lifeline

Crude Oil is $64 per barrel

Gold is $948.50 per ounce

Earnings for July 21st

Apple, Inc. will be reporting earnings after the bell today.

Earnings for July 21st

Stock Tiger Video for July 21st

7 Stocks you need to know for Tuesday

Stocks rocked higher today, extending last week's aggressive rally. Economically positive news from the Conference Board combined with beleaguered commercial lender, Cit Group, obtaining funding to avoid bankruptcy powered the optimistic spirit. Goldman Sachs joined the euphoria by stating that the second half of 2009 may trigger the most forceful stock market rally since 1982. The DJIA soared another 104.21 closing on the high of the day, the tech heavy Nasdaq followed suit adding 22.68 and the broad based S&P 500 gained 10.75.

Here are 7 stocks you need to know for Tuesday:

Tuesday is an extremely active earnings release day.

Coca-Cola (KO | Quote | Chart | News | PowerRating) is expecting to see an EPS of 82 cents before the bell on Tuesday.

Second quarter earnings of Lockheed Martin (LMT | Quote | Chart | News | PowerRating) are forecast to be $1.81/share. The actual figure will be announced prior to trading Tuesday.

Yahoo (YHOO | Quote | Chart | News | PowerRating) is holding off until after the close to reveal their results with an estimated 8 cents/EPS.

Wyeth (WYE | Quote | Chart | News | PowerRating) shareholders have voted to be acquired by Pfizer (PFE | Quote | Chart | News | PowerRating) for $68 billion dollars.

Computer company Apple (AAPL | Quote | Chart | News | PowerRating) is anticipating an EPS of $1.15 after the bell.

Coffee giant Starbucks (SBUX | Quote | Chart | News | PowerRating) announces earning before the bell Tuesday morning with an analyst estimate of 19 cents/share.

Monday, July 20, 2009

Jul 20- Before the Open

Stocks Trading Up in Pre-Market

AAPL, HGSI, OREX, SPPI, PETS,

IMMU, DRYS, CKSW, CSCO, IBM

GOLD, YHOO

Upgrades and Downgrades

Upgrades:

HGSI, FTI, SMG, CAM, ELN

AGN, BTU, TXN

Downgrades:

TLP, LFT, ORB, CTRN, TSN

TXRH, INFN, ANSS

Earnings for July 20th

Economic Data for the Week

Multi Charts Daily Indexes

Stocks to Watch

Morning News

Futures are pointing to a higher open

In Japan the Nikkei 225 closed up 0.55%

In Hong Kong the Hang Seng closed up 3.70%

European markets are trading higher by 1.5%

Leading Indicators

CIT close to a second chance

All eyes on Apple's earnings

Crude Oil is $65 per barrel

Gold is $953 per ounce

Stock Tiger Video for July 20th

7 Stocks you need to know for Monday

The S&P 500 was the only laggard during this fifth straight day of stock market gains. Housing starts hitting 7-year gains and IBM upping its full year forecast fueled the rally. Google and General Electric announcements dragged negatively on the overall positive session. The DJIA closed up 32.12 to 8743.94, the tech heavy Nasdaq gained 1.58 to 1886.61 and the S&P 500 missed the positive mark by giving back just 36 to 940.38.

Here are 7 stocks you need to know about for Monday

Energy company Haliburton (HAL | Quote | Chart | News | PowerRating) is expecting to see a second quarter EPS of .27 cents before the bell.

Legg Mason (LM | Quote | Chart | News | PowerRating) reveals fiscal 2010 first quarter earnings pre open with a forecast of 21 cents.

Internet company, PetMeds Express (PETS | Quote | Chart | News | PowerRating), has a predicted EPS of 31 cents for its fiscal first quarter of 2010.

Citigroup (C | Quote | Chart | News | PowerRating) posted a $4.28 billion profit despite dramatic loan losses.

Housing starts surprised analysts lifting home builders KB Home (KBH | Quote | Chart | News | PowerRating) and DR Horton (DHI | Quote | Chart | News | PowerRating).

Texas Instruments (TXN | Quote | Chart | News | PowerRating) announces second quarter 2009 EPS after the bell with a forecast figure of 19 cents.

Friday, July 17, 2009

Stocks in Play

AAPL, TRGT, WHR, IBM

Stocks Trading Up in Pre-Market

ADCT, BCRX, CSIQ, GILD, YHOO

CYTX, CHINA, HGSI, NVAX, UAUA

Jul 17 - Before the Open

Upgrades and Downgrades

Upgrades:

BT, NVS

Downgrades:

NOK, MDRX, NTY, TLEO, BKYF

NNI, NOK

Stocks to Watch Today

Morning News

Futures are currently flat

In Japan the Nikkei 225 closed up 0.55%

In Hong Kong the Hang Seng closed up 2.42%

European markets are currently trading higher

Bank of America earnings beat expectations

Microsoft and Yahoo close to a deal again

Housing Starts

Today is options expiration

Crude Oil is $62 per barrel

Gold is $934 per ounce

Stock Tiger Video for July 17th

7 Stocks you need to know for Friday

Stocks surged higher for the fourth day in a row on positive words from Dr. Doom, Nouriel Roubini, and blow out earning reports from several critical companies. Interestingly, stocks are surging on good news but not selling off on negative news. This is an extremely bullish signal for the future. The DJIA advanced 95.6, the Nasdaq climbed 22.13 and the broad based S&P 500 jumped 8.06.

Goldman Sachs (GS | Quote | Chart | News | PowerRating) downgraded Motorola (MOT | Quote | Chart | News | PowerRating) as the rally pushed shares closer to the $7.00 target price.

Google (GOOG | Quote | Chart | News | PowerRating) beat analysts estimates with an EPS of $4.66/share however the stock is selling off hard in the after hours.

Citigroup (C | Quote | Chart | News | PowerRating) reports earnings before the bell Friday with an estimated loss of 20 cents/share.

Popular bank in the news, Bank of America (BAC | Quote | Chart | News | PowerRating), announces their second quarter earnings prior to the open with estimated earnings of 24 cents/share.

Dow component, General Electric (GE | Quote | Chart | News | PowerRating), reveals second quarter earnings Friday with an expected 24 cents/share.

Computer giant, International Business Machines (IBM | Quote | Chart | News | PowerRating), raised its full year 2009 outlook as earnings readily beat the street.

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