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Real Estate News Releases
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(EstateNewsWire.com, January 12, 2012 ) New York, NY -- Tradershuddle.com, the provider of technical news, trading ideas, and market commentary, issued its stocks to watch list for the session.
Todays Stocks to watch:
Apple (NASDAQ:AAPL) is in focus as Ticonderoga said that its checks indicate that Apple had its best December growth ever, with a 9.4% month over month growth, the first December where sales increased month-over-month. This strength follows the best month over month growth for a November that it had on record. The firm noted that Apple ended 2011 on a strong note and firm believes this momentum will continue in 2012.
Bank of America (NYSE:BAC), was trading with a $7 handle for the first time since October. The successful bond auctions in the euro zone improved sentiment ahead of retail sales data and weekly jobless claims data in the U.S. Gains in Bank of America come also ahead of JPMorgan (NYSE:JPM) kicking off the banks earnings season tomorrow morning. Participants are looking at an uptick in business loans, as a sign that U.S. bank earnings could be improving.
Chevron (NYSE:CVX) is in focus after it issued late yesterday a quarterly update, warning of a drop in earnings for the current quarter. Chevron said that it expects that fourth quarter EPS to be significantly lower than third quarter.
Infosys (NASDAQ:INFY) posted better than expected earnings but cut its full-year revenue outlook due to impacts from the debt crisis in Europe, Infosys said that quarterly profit climbed 33%, as margins received a boost from a weak rupee.
Regions Financial (NYSE:RF) sold its investment bank and brokerage unit, Morgan Keegan, to Raymond James (NYSE:RJF) for $930 million in stock.
Walter Energy (NYSE:WLT) was extending its rally from the prior session, in which the stock jumped 7% after the company pulled out of a Goldman Sachs conference, citing a scheduling conflict; but renewing M&A and takeover speculation. In the Fast Money program, Jon Najarian noted the unusual trading activity in both stock and options. Walter is trading above calculated resistance at $64.11, a level which broken could provide additional momentum to the stock, presenting a nice trading idea setup.
Williams-Sonoma (NYSE:WSM) lowered its fourth quarter EPS guidance below consensus, while increasing its dividend by 29% to $0.22 per share. Williams-Sonoma now expects EPS in the range of $1.10 to $1.15 versus consensus of $1.20.
Technical levels for the stocks presented above are available in TradersHuddle.com quote pages.
Disclosure: the companies referenced have not compensated TradersHuddle.com and TradersHuddle.com (http://www.TradersHuddle.com) does not hold any position in the stocks.
TradersHuddle.com
Christopher Lynn
704-675-9682
editorial@tradershuddle.com
Source: EmailWire.Com
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