In a classic twist of fate stocks sold off hard after surging higher on anticipation of market positive words from the Federal Reserve. The Fed provided comfort but shares sold off to mixed levels by the close.Word of Intel being sued by New York State did little to help the bull's case as the Nasdaq closed down on the day. The DJIA added 30.23, the Nasdaq gave back 1.80 and the S&P 500 eased higher by 1.09.
Here are 7 stocks you need to know about for Thursday. Find high probability stock trading strategies for stocks such as these in Larry Connors' book, Short Term Trading Strategies That Work.
Lamar Advertising (NasdaqGS:LAMR - News) is marketing for an EPS loss of 16 cents prior to the opening of trading on Thursday. The Stock PowerRating for LAMR is 7.
9 cents/share is the expected EPS for Metro PCS (NYSE:PCS - News) before the bell on Thursday morning. The Stock PowerRating for PCS is 5.
Sara Lee (NYSE:SLE - News) is cooking for a fiscal first quarter 2010 EPS of 17 cents prior to trading on Thursday. The Stock PowerRating for SLE is 6.
The tough guys at World Wrestling Entertainment (NYSE:WWE - News) are expecting an EPS of 9 cents prior to the bell on Thursday. The Stock PowerRating for WWE is 6.
76 cents/share is the forecast number for media giant Time Warner (NYSE:TWC - News) on Thursday before the trading day begins. The Stock PowerRating for TWC is 6.
Uncle Hef is nervous that Playboy's (NYSE:PLA - News) loss may exceed 1 cent/share unveiled prior to the bell.
Travel site, Orbitz (NYSE:OWW - News) is expecting to see an EPS of 12 cents before trading starts on Thursday. The Stock PowerRating for OWW is 6.
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