Showing posts with label http wwwwallstreetactivecom. Show all posts
Showing posts with label http wwwwallstreetactivecom. Show all posts

Wednesday, February 20, 2013

Today's Technical View on JCP, M and KSS

Equity markets re-opened on Tuesday following a long weekend. Stocks rose sharply on Tuesday as sentiment was lifted by some robust German economic data. All three benchmark indexes posted gains, with the S&P 500 and the Dow Jones finishing at five-year highs. At the end of Tuesday's trading session, our research team took notice of J. C. Penney Company Inc. (NYSE: JCP), Macy's Inc. (NYSE: M) and Kohl's Corp. (NYSE: KSS). Wall Street Active research team has completed free research on JCP, M and KSS. As a leading provider of free in depth reports and timely market updates, we invite you to sign up now at
http://www.wallstreetactive.com/register.php
J.C. Penney Shares Slip
Despite the sharp rise in the broad market, shares of retailer J.C. Penney slipped in Tuesday's trading session. The stock closed 0.96% lower at $19.61 on volume of 4.87 million. J.C. Penney's shares had struggled in 2012 as the company's financial performance deteriorated. The stock has been essentially flat this year, even as the S&P 500 has climbed 7.33%. The stock is still trading above its 50-day moving average though, which is a bullish signal. J.C. Penney's shares have been struggling to break through $20 resistance level in the last few trading sessions. The stock currently has strong support at around $19. Sign up today and get useful insight about JCP for free at
http://www.wallstreetactive.com/register.php
Macy's Shares Rise Sharply
Macy's shares rose sharply on Tuesday. The stock rose 3.35% to finish the day at $40.43 on above average volume of 5.81 million. The sharp rise on significant volume suggests that market sentiment has turned bullish on Macy's. The bullish trend is further confirmed by the MACD chart. The stock's MACD has just moved above the signal line. The stock is also trading above its 50-day and 200-day moving averages. Year-to-date, shares have gained 3.61%, underperforming the S&P 500. The stock is now trading close to $40.50 resistance level. The next resistance level for the stock is at $41. Macy's shares have support at around $39. Free report on M can be accessed by registering at
http://www.wallstreetactive.com/register.php
Kohl's Shares Rise Marginally
Kohl's shares rose marginally in Tuesday's trading session. The stock hit an intra-day high of $46.84 before finishing the day 0.30% higher at $46.48 on above average volume of 3.17 million. Kohl's shares have had an excellent run this year, gaining more than 8%. The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish signal. In the last few weeks, Kohl's shares have been struggling to break through $47 resistance level. The stock currently has support at $46. Register with Wall Street Active and download the research on KSS for free at
http://www.wallstreetactive.com/register.php
Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.

Contact Person:
Ravi S. Kapur
Telecommunication, Information & Data Manager
info@wallstreetactive.com

Source:
Today's Technical View on JCP, M and KSS



See also:

MYL, AVNR and ACT -- Pre-Market Briefing
The Dow Jones and the S&P 500 finished at multi-year highs on Tuesday. The Dow Jones closed 0.39% higher at 14,035.67, the S&P 500 closed 0.73% higher at 1,530.94, and the NASDAQ closed 0.68%...

Fundamental Outlook on TGT, COST and FDO
Following a long weekend, stocks edged higher in Tuesday's trading session as sentiment was lifted by robust German economic data and a rise in M&A activity. The Dow Jones closed 0.39% higher at...

Pre-Market Update on JOY, MTW and AGCO
Markets in the U.S. re-opened after a long weekend. On Friday, stocks had finished on a mixed note as investors remained cautious ahead of the G20 summit, which was held in Moscow over the weekend. At...

Pre-Market Update on JOY, MTW and AGCO

Markets in the U.S. re-opened after a long weekend. On Friday, stocks had finished on a mixed note as investors remained cautious ahead of the G20 summit, which was held in Moscow over the weekend. At the close, our research team took notice of Joy Global Inc. (NYSE: JOY), Manitowoc Co. Inc. (NYSE: MTW) and AGCO Corp. (NYSE: AGCO). Wall Street Active research team has completed free research on JOY, MTW and AGCO. As a leading provider of free in depth reports and timely market updates, we invite you to sign up now at
http://www.wallstreetactive.com/register.php
Joy Global Shares Down Sharply This Year
Joy Global has been one of the worst performing stocks this year. Year-to-date, shares of the Wisconsin-based company have fallen nearly 30%. On Tuesday, the stock edged higher after the company declared a quarterly cash dividend of $0.175 per share. Joy Global's shares ended the day 1.08% higher at $63.54 on above average volume of 3.22 million. Over the last one week, Joy Global's shares have made a recovery after bottoming out at around $61.50. The stock is now trading close to its $64 resistance level. Recent volume activity suggests that the market sentiment has turned bullish on the stock. Sign up today and get useful insight about JOY for free at
http://www.wallstreetactive.com/register.php
Manitowoc Co. Shares Edge Higher
Manitowoc's shares rose sharply in Tuesday's trading session, tracking gains in the broad equity market. The stock ended the day 1.38% higher at $19.77 on volume of 2.32 million. The company's shares rose to an intra-day high of $19.77, which is close to the stock's 52-week high of $19.90. Year-to-date, the stock has gained 26.08%, easily outperforming the S&P 500, which is up 7.33% in the same period. Manitowoc's shares, in fact, have had an excellent run since November last year. The stock has seen a series of highs over the last three months, which is a strong bullish signal. The bullish trend is further confirmed by the MACD chart. Free report on MTW can be accessed by registering at
http://www.wallstreetactive.com/register.php
AGCO's Shares Also Gain
Shares of AGCO Corporation also edged higher in Tuesday's trading session. The stock closed 0.34% higher at $53.86 on volume of 736,225. AGCO Corporation shares have been trading sideways over the past few trading sessions. The stock has been struggling to break through $55 resistance level. It currently has support at around $53. Register with Wall Street Active and download the research on AGCO for free at
http://www.wallstreetactive.com/register.php
Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.

Contact Person:
Ravi S. Kapur
Telecommunication, Information & Data Manager
info@wallstreetactive.com

Source:
Pre-Market Update on JOY, MTW and AGCO



See also:

OSC Approves Release of Academy's Shares from Escrow
ACADEMY EXPLORATIONS LIMITED ("Academy" or the "Company"). On August 31, 2012, the Ontario Securities Commission approved the Company's request in Ontario to amend an existing escrow agreement among...

MYL, AVNR and ACT -- Pre-Market Briefing
The Dow Jones and the S&P 500 finished at multi-year highs on Tuesday. The Dow Jones closed 0.39% higher at 14,035.67, the S&P 500 closed 0.73% higher at 1,530.94, and the NASDAQ closed 0.68%...

Fundamental Outlook on TGT, COST and FDO
Following a long weekend, stocks edged higher in Tuesday's trading session as sentiment was lifted by robust German economic data and a rise in M&A activity. The Dow Jones closed 0.39% higher at...

MYL, AVNR and ACT -- Pre-Market Briefing

The Dow Jones and the S&P 500 finished at multi-year highs on Tuesday. The Dow Jones closed 0.39% higher at 14,035.67, the S&P 500 closed 0.73% higher at 1,530.94, and the NASDAQ closed 0.68% higher at 3,213.59. At the close, our research team took notice of Mylan Inc. (NASDAQ: MYL), Avanir Pharmaceuticals (NASDAQ: AVNR) and Actavis Inc. (NYSE: ACT). Wall Street Active research team has completed free research on MYL, AVNR and ACT. As a leading provider of free in depth reports and timely market updates, we invite you to sign up now at
http://www.wallstreetactive.com/register.php
Mylan's Shares Slip
Mylan's shares fell on Tuesday, ending the day 0.38% lower at $29.11 on volume of 2.99 million. The stock rose to a 52-week high of $29.30 before paring its gains. The company's shares have had a decent run so far this year, gaining more than 6% as compared to a gain of around 6.4% for NASDAQ. Mylan's shares recently broke through $29 resistance level, which is a bullish signal. The bullish trend is further confirmed by the recent volume activity and its MACD chart. The stock's MACD is trading above the signal line and the zero-line. Mylan's share are trading above their 50-day and 200-day moving averages, which is another bullish signal. Sign up today and get useful insight about MYL for free at
http://www.wallstreetactive.com/register.php
Avanir Pharma's Shares Gain
Shares of Avanir Pharma, which is engaged in the development and commercialization of therapeutic products for the treatment of central nervous system disorders, rose sharply on Tuesday, ending the day 2.14% higher at $2.86 on volume of 1.07 million. The stock has had a decent run this year, gaining more than 9%. Avanir's shares are trading at their 50-day moving average and slightly below their 200-day moving average. The stock's MACD is currently trading below the signal line and the zero-line. The company's shares are currently facing resistance at around $3.20. The stock has support at $2.80. Free report on AVNR can be accessed by registering at
http://www.wallstreetactive.com/register.php
Actavis Shares End Marginally Lower
Actavis shares finished marginally lower on Tuesday. The stock closed 0.50% lower at $84.81 on above average volume of 2.06 million. Year-to-date, the company's shares have fallen more than 1.3%. The stock has been extremely volatile in recent weeks. It has been facing stiff resistance at around $88. Recent volume activity suggests that the market sentiment is bearish on the stock. The bearish trend is further confirmed by the MACD chart. The stock's MACD has just moved below the signal line and the zero-line. Register with Wall Street Active and download the research on ACT for free at
http://www.wallstreetactive.com/register.php
Disclaimer: WSA Financial is not a registered investment advisor, and nothing in this release is intended as a solicitation to buy or sell any security. Our pro-traders only aim is to educate investors based on their experience, and to share their knowhow.

Contact Person:
Ravi S. Kapur
Telecommunication, Information & Data Manager
info@wallstreetactive.com

Source:
MYL, AVNR and ACT -- Pre-Market Briefing



See also:

OSC Approves Release of Academy's Shares from Escrow
ACADEMY EXPLORATIONS LIMITED ("Academy" or the "Company"). On August 31, 2012, the Ontario Securities Commission approved the Company's request in Ontario to amend an existing escrow agreement among...

Danbel Ventures Appoints Ernst & Young LLP as Auditors
Danbel Ventures Inc. ("Danbel" or the "Company") is pleased to announce the appointment of Ernst & Young LLP ("E&Y") as its auditors, replacing Collins Barrow Toronto LLP ("Collins Barrow")....

Global Food Exchange and IFS Fund Announces Its Founders Will Be Presenting at the Accredited Members Spring Micro Cap Investor Conference in Las Vegas
Global Food Exchange Founder, Richard Lackey, and IFS Fund Founder, John Schiffner, will be presenting at the Accredited Members Spring Small Cap/Micro Cap Conference, being held at the JW Marriott...