Huddle Up! Join for Free.
Get More Trade Ideas and Track Technical
Levels for Stocks in your Portfolio
Find Out More About HuddleUp!

Or Single Sign on to Register

Frontier Communications - S&P 500 Worst Performer
Written by Danny Miller   
Tuesday, 06 July 2010 12:27

ftr New York, July 6th (TradersHuddle.com) - The S&P 500 index is higher trading at 1035.95, which represents 1.31% versus its previous close. The broad market index is having a mixed day with slightly more than 50% of the S&P 500 components trading higher.

Baker Hughes (NYSE:BHI) is the S&P 500's top performer this morning with the stock trading at $45.15 representing 6.74% versus the previous trading session. Shares of Baker Hughes, the provider of solutions for the oil and gas industry have defined support at $40.14 and resistance at $43.35.

Massey (NYSE:MEE) is also among the top performers, and it is trading at $28.04 representing 6.58% from its previous close. Massey, the Richmond, VA based coal producer has calculated support and resistance levels at $25.85 and $33.2 respectively. The other top performer this morning is Peabody (NYSE:BTU), which is trading at $41.47 representing 6.36% from the previous close.

The S&P 500's worst performers include Frontier Communications (NYSE:FTR) that is trading at $7.1 or -3.4% from the previous close. Shares of Frontier Communications, the Connecticut based rural and small to medium cities telecommunications provider have defined support at $6.96 and resistance at $7.72. Also among the worst performers Monsanto (NYSE:MON), which is trading at $45.43 representing -2.39% from the previous trading session.

Benchmark crude for August delivery is also trading higher at $73.39 a barrel on the New York Mercantile Exchange higher by $1.25 from the previous trading session.

The S&P 500 is underperfoming the Dow Jones but is pretty much equal with the NASDAQ composite. The Dow Jones Industrial Index is currently trading at 9796.15, which represents 1.13% from previous close, the NASDAQ on the other hand is trading at 2119.35 that represents 1.32% from previous close.

 
| More

Get Support / Resistance / Stop Loss
Get It - It's Free