| TradingMarkets.com The massive bull rally took a breather today with stocks sharply lower across the board. A report indicating that oil stockpiles are greater than expected cast doubt on the reality of the recovery. Energy shares led the declined and Hewlett-Packard's bid for 3Com did little to spur the bulls into action. The DJIA sunk 93.79, the tech heavy Nasdaq gave up 17.88 and the broad based S&P 500 slipped 11.27. Here are 7 stocks you need to know for Friday. Find high probability stock trading strategies for stocks such as these in Larry Connors' book, Short Term Trading Strategies That Work. Teen clothier, Abercrombie & Fitch (NYSE:ANF - News), is stitching for fiscal third quarter 2010 EPS of 20 cents prior to the open. The Stock PowerRating for ANF is 3. Discount shopping giant, JP Penney (NYSE:JCP - News), has analysts expecting fiscal third quarter 2010 earnings of 12 cents before the bell. The Stock PowerRating for JCP is 7. Companhia de Saneamento Basico (NYSE:SBS - News) has forecast an EPS of $1.73 prior to trading. The Stock PowerRating for SBS is 6. 14 cents/share is the projected number for China Valves Technology (NYSE:CWZ - News) announced before the trading day. Artio Global Investors (NYSE:ART - News) has its eyes set on an EPS of 41 cents revealed prior to the bell. An EPS of 47 cents is the expected number for Blue Rino (NasdaqGM:RINO - News) prior to the opening bell. The Stock PowerRating for RINO is 5. A loss of 75 cents/share is forecast for Teekay Corp (NYSE:TK - News) before trading starts. The Stock PowerRating for TK is 3.
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