The bulls took full control of stocks today as the G20 nations unanimously agreed to keep fiscal stimulus measures in full effect. Stocks surged on the news as the U.S. dollar plummeted as investors dumped the Greenback in favor of equities. Gold jumped to an all time high, as the commodity complex rallied on the equity positive word. The DJIA surged 203.52, the tech heavy Nasdaq advanced 41.62, and the broad based S&P 500 climbed 23.77.
Here are 7 stocks you need to know for Tuesday. Find high probability stock trading strategies for stocks such as these in Larry Connors' book, Short Term Trading Strategies That Work.
Tyco (NYSE:TYC - News) has forecast fiscal fourth quarter earnings of 54 cents/share prior to the bell on Tuesday Morning. The Stock PowerRating for TYC is 5.
Down on the farm, Bob Evans (NasdaqGS:BOBE - News) is expecting fiscal second quarter 2010 earnings of 48 cents after the close on Tuesday evening. The Stock PowerRating for BOBE is 5.
Pan American Silver (NasdaqGS:PAAS - News) is announcing after trading is over with a forecast EPS of 21 cents. The Stock PowerRating for PAAS is 5.
Bra queens, Maidenform Brands (NYSE:MFB - News), have its eyes set on an EPS of 35 cents after the closing bell on Tuesday. The Stock PowerRating for MFB is 3.
Randgold Resources (NasdaqGS:GOLD - News) is looking to ride the gold wave with an expected EPS of 23 cents before the open. The Stock PowerRating for GOLD is 3.
Watch and accessory maker, Fossil (NasdaqGS:FOSL - News), has forecast an EPS of 42 cents prior to the opening bell. The Stock PowerRating for FOSL is 4.
Home builder, Beazer Homes (NYSE:BZH - News), is hoping its loss does not exceed $1.31/share for its fiscal fourth quarter 2009 prior to trading. The Stock PowerRating for BZH is 5.
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