TradingMarkets 7 Stocks You Need to Know for Monday

• By David Goodboy
• On 4:39 pm EDT, Friday October 16, 2009

The bears were awaken from their slumber today by a blizzard of pessimistic news. Disappointing earnings from several big names and a record setting all time high federal deficit sent the bulls back into the barn on this final trading session of the week. The DJIA dropped 67.03, the Nasdaq fell 16.49 and the broad based S&P 500 gave back 8.88.

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.

Hugely anticipated fiscal fourth quarter earnings from Apple (NasdaqGS:AAPL - News) come out after the close at an expected $1.42/share. The Stock PowerRating for AAPL is 6.

Zions Bancorp (NasdaqGS:ZION - News) is hoping its third quarter loss does not exceed $1.31/share after the bell. The Stock PowerRating for ZION is 5.

91 cents is the forecast number for Hasbro Inc (NYSE:HAS - News) third quarter before the open on Monday. The Stock PowerRating for HAS is 4.

Popular (NasdaqGS:BPOP - News) has warned analysts to expect a third quarter loss of 33 cents/share on Monday prior to the bell. The Stock PowerRating for BPOP is 6.

A bank with positive earnings, S&T Bancorp (NasdaqGS:STBA - News), has traders looking for 15 cents/share for the third quarter before the open on Monday morning. The Stock PowerRating for STBA is 4.

Eaton Corp (NYSE:ETN - News) before the open is expecting third quarter EPS of 91 cents/share. The Stock PowerRating for ETN is 4.

Fiscal second quarter 2010 looks positive for PetMed Express (NasdaqGS:PETS - News) as they expect an EPS of 28 cents. The Stock PowerRating for PETS is 5.

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