TradingMarkets 7 Stocks You Need to Know for Monday

• By David Goodboy
• On 4:11 pm EDT, Friday October 30, 2009

Halloween eve was not kind to the stock market bulls as the major indexes closed sharply lower on the day. Deep seated economic fears were sparked by consumer spending figures and overall recovery pessimism. The VIX index spiked nearly 25% for its sharpest gain of the year as traders raced for options protection. The DJIA plummeted 249.85, the tech heavy Nasdaq gave back 52.44 and the broad based S&P 500 fell 29.93.

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.

The last remaining free U.S. auto company, Ford (NYSE:F - News), is reporting before the bell with an expected EPS loss of 15 cents. The Stock PowerRating for F is 6.

Clorox (NYSE:CLX - News) has traders awaiting an EPS of 95 cents prior to the open on Monday. The Stock PowerRating for CLX is 5.

Humana (NYSE:HUM - News) is optimistically expecting earnings of $1.78/share before the trading day starts. The Stock PowerRating for HUM is 5.

92 cents/share is the consensus estimate for CNA Financial (NYSE:CNA - News) prior to the opening bell on Monday morning. The Stock PowerRating for CNA is 6.

Alexander's (NYSE:ALX - News) has analysts awaiting an EPS of $4.49 in the early morning session on Monday. The Stock PowerRating for ALX is 6.

Multi-level nutritional master marketer, Herbalife (NYSE:HLF - News), has forecast an EPS of 69 cents after the close on Monday. The Stock PowerRating for HLF is 8.

Great steak and rib chain, Texas Roadhouse (NasdaqGS:TXRH - News), has its sights set on an EPS of 12 cents after 4:00PM EST. The Stock PowerRating for TXRH is 5.

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Buzz up!