TradingMarkets 7 Stocks You Need to Know for Tuesday

• By David Goodboy
• On 4:07 pm EDT, Monday October 26, 2009

A wild roller coaster day on the street of dreams with the DJIA experiencing a stunning reversal of fortune. A positive opening was quickly erased as worries of the first-time home buyer tax credit being eliminated and a stronger dollar placed fear back into the market. The VIX index spiked higher while the DJIA ended the day down 104.22, the Nasdaq fell 12.62 and the broad based S&P 500 dropped 12.66.

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.

Steve Wynn is looking for a third quarter EPS of 14 cents for his Wynn Resorts (NasdaqGS:WYNN - News) before the opening bell on Tuesday. The Stock PowerRating for WYNN is 7.

44 cents/share is the forecast number for athletic underwear maker Under Armour's (NYSE:UA - News) third quarter prior to Tuesday's trading day. The Stock PowerRating for UA is 5.

Valero Energy (NYSE:VLO - News) hopes its third quarter loss does not top 23 cents/share before the bell on Tuesday morning.

Johnson Controls (NYSE:JCI - News) is expecting a fiscal fourth quarter EPS of 44 cents prior to trading on Tuesday. The Stock PowerRating for JCI is 5.

Coca Cola Femsa (NYSE:KOF - News) has projected a third quarter EPS of 80 cents on Tuesday before the trading day starts. The Stock PowerRating for KOF is 5.

16 cents/share is the analyst's consensus for Deer Consumer Products' (NasdaqGM:DEER - News) third quarter prior to the session on Tuesday.

Fresh Del Monte Produce (NYSE:FDP - News) has its eyes set on a third quarter EPS of 37 cents/share before the opening bell rings. The Stock PowerRating for FDP is 8.

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