TradingMarkets 7 Stocks You Need to Know for Monday

• By David Goodboy
• On 4:13 pm EDT, Friday September 18, 2009

Another positive day on the street of dreams as stocks ended the final trading session of the week nicely in positive territory. News of unemployment rising in 27 states and hitting record levels in Nevada and California failed to stifle the day's bullish attitude. Quadruple Witching added some to the volatility on an otherwise non eventful bullish session. The DJIA advanced 36.28, the tech heavy Nasdaq added 6.11, and the broad based S&P 500 eased higher by 2.81.

Here are 7 stocks you need to know for Monday. Find high probability stock trading strategies for stocks such as these in Larry Connors' book, Short Term Trading Strategies That Work.

Food giant, General Mills (NYSE:GIS - News), reports fiscal first quarter 2010 earnings before the bell with an expected EPS of $1.03. The Short Term PowerRating for GIS is 6.

A loss of 48 cents/share is the forecast figure for Lennar Corp (NYSE:LEN - News) on Monday prior to trading for their fiscal third quarter 2009. The Short Term PowerRating for LEN is 4.

Citigroup (NYSE:C - News) is restructuring its energy trading unit, Phibro LLC, which will potentially lead to another monster payday for unit head, Andrew Hall. The Short Term PowerRating for C is 6.

The Chicago Mercantile Exchange (NYSE:CME - News) is in talks with financial institutions including Goldman Sachs (NYSE:GS - News) and Morgan Stanley (NYSE:MS - News) regarding the best way to handle the $27 billion dollar credit default swap market. The Short Term PowerRating for all three stocks CME, GS and MS is 4.

Roche Holdings AG (NYSE:ROG - News) has revealed very positive research in the fields of Autism and Alzheimer conditions. The Short Term PowerRating for ROG is 2.

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Buzz up!