The trading session was generally lackluster and vacillating ending in negative territory. Word of the Fed being pessimistic about a quick recovery counteracted promises of continued lower rates and a slightly better GDP. The DJIA gave back 17.24, the tech heavy Nasdaq fell 6.83 and the broad based S&P 500 dipped 0.59 .

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

Deere & Company (NYSE:DE - News) reveals its fiscal fourth quarter 2009 results before the bell with an expected EPS of 5 cents. The Stock PowerRating for DE is 4.

Jeweler Tiffany & Co (NYSE:TIF - News) is expecting to see an EPS of 23 cents for its fiscal third quarter 2010 prior to trading. The Stock PowerRating for TIF is 6.

Warner Music Group (NYSE:WMG - News) was downgraded by Wedbush Morgan Securities after posting a loss of 3 cents instead of the expected 6 cent profit. The Stock PowerRating for WMG is 6.

Zions Bancorp (NasdaqGS:ZION - News) was hit with a Citigroup (NYSE:C - News) "sell" recommendation after the strong run up on Monday. ZION and C both have a Stock PowerRating of 5.

A loss of 5 cents/share is the expected number for Conns Inc's (NasdaqGS:CONN - News) fiscal third quarter 2010 before the bell. The Stock PowerRating for CONN is 4.

Mediware Information Systems (NasdaqCM:MEDW - News) will be buying Health Care Automation and Advantage Reimbursement prior to a December 15th target date.

Improve Your ETF Trading - Get your 7 day free trial to ETF PowerRatings, a simple ETF ranking system with nearly 80% winning trades since 2003...Click Here!!