7 Stocks you need to know for Wednesday

Bulls took control of the stock market today, despite shares closing off their highs of the session. Surprisingly positive numbers from home sales and consumer confidence powered the optimistic sentiment. Ben Bernanke was praised profusely by President Obama while being appointed to a second term further aiding the rising market. The DJIA advanced 30.01, the tech heavy Nasdaq climbed 6.25, and the broad based S&P 500 moved higher 2.43.

Here are 7 stocks you need to know for Wednesday.

Discount retailer, Dollar Tree Stores (DLTR | Quote | Chart | News | PowerRating), has its eye on fiscal second quarter 2010 of 54 cents prior to trading on Wednesday.

Analysts are expecting fiscal second quarter 2010 earnings of 54 cents for shoe store king, DSW Inc (DSW | Quote | Chart | News | PowerRating).

Four financial titans, Citigroup (C | Quote | Chart | News | PowerRating), Bank of America (BAC | Quote | Chart | News | PowerRating), Freddie Mac (FRE | Quote | Chart | News | PowerRating), and Fannie Mae (FNM | Quote | Chart | News | PowerRating) are credited with over 40% of all NYSE volume in August with each gaining more that 100% from the lows.

High end kitchen retailer, Williams Sonoma (WSM | Quote | Chart | News | PowerRating) hopes its second quarter 2010 loss does not exceed 9 cents/share.