Entry points for Materials Select Sector SPDR

New York, June 30th (TradersHuddle.com) – Shares of Materials Select Sector SPDR Fund (NYSE:XLB) closed the trading session at $38.89 near its 50 day and 200 day moving averages currently set at $38.75 and $37.53 respectively. Materials Select Sector SPDR’s price action is above these important levels, which could translate into a trading opportunity. Materials … Continue reading “Entry points for Materials Select Sector SPDR”

Up/Downgrades (ALU, ARW, CLS, EBAY, HNSN, MELI, PLXS, TJX, KBH, LULU, MERC)

New York, June 30th (TradersHuddle.com) – Following are some of the top upgrades and downgrades before the market open.   Upgrades   Alcatel-Lucent (NYSE:ALU) was upgraded to a Buy from Neutral at UBS.   Arrow Electronics (NYSE:ARW) was upgraded to a Buy from Hold at Deutsche Bank.   Celestica (NYSE:CLS), the electronics manufacturing services provider, … Continue reading “Up/Downgrades (ALU, ARW, CLS, EBAY, HNSN, MELI, PLXS, TJX, KBH, LULU, MERC)”

New Ratings (AOS, CALX, CSIQ, CPX, CPO, DBLE, END, FSLR, LINE, QCOM, SLAB, SVBL, BID, SKT, TLR, YHOO, YGE)

New York, June 30th (TradersHuddle.com) – Following are some of the new analyst ratings before the market open.   Research Firms Initiate or Resume:   A.O. Smith (NYSE:AOS), the maker of water heating equipment and electrical motors, was initiated with a Buy at Davenport.   Calix Inc. (NYSE:CALX) was initiated with a Buy at ThinkEquity. … Continue reading “New Ratings (AOS, CALX, CSIQ, CPX, CPO, DBLE, END, FSLR, LINE, QCOM, SLAB, SVBL, BID, SKT, TLR, YHOO, YGE)”

Playing the Momentum Building in iShares FTSE/Xinhua China 25

New York, June 29th (TradersHuddle.com) – Shares of iShares FTSE/Xinhua China 25 Index Fund (NYSE:FXI) closed the trading session at $42.45 placing the price action in a very tight range, given that calculated support is set at $40.35 and the calculated resistance based on an algorithm of peaks and troughs is set at $42.63 iShares … Continue reading “Playing the Momentum Building in iShares FTSE/Xinhua China 25”

Technology Select Sector SPDR in a Well Defined Range

New York, June 29th (TradersHuddle.com) – Shares of Technology Select Sector SPDR Fund (NYSE:XLK) closed the trading session at $25.38 near its 50 day and 200 day moving averages currently set at $25.80 and $25.28 respectively. Technology Select Sector SPDR’s price action is above the 200 day moving average but below its 50 day moving … Continue reading “Technology Select Sector SPDR in a Well Defined Range”

Earnings Preview: Xyratex

New York, June 29th (TradersHuddle.com) – Shares of Xyratex Ltd. (NASDAQ:XRTX) are trading lower by -0.82% ahead of its quarterly earnings release. Xyratex, the provider of enterprise class data storage subsystems and network technology is expected to release its quarterly results on June 30th. Wall Street Analysts consensus calls for a profit of $0 a … Continue reading “Earnings Preview: Xyratex”

Darden Restaurants Higher Ahead of Earnings

New York, June 29th (TradersHuddle.com) – Shares of Darden Restaurants, Inc. (NYSE:DRI) are trading higher by +0.87% ahead of its quarterly earnings release. Darden Restaurants, the owner and operator of the Red Lobster and Olive Garden restaurant chains is expected to release its quarterly results on June 30th. Wall Street Analysts consensus calls for a … Continue reading “Darden Restaurants Higher Ahead of Earnings”

Earnings Preview: Apollo

New York, June 29th (TradersHuddle.com) – Shares of Apollo Group, Inc. (NASDAQ:APOL) are trading higher by +0.39% ahead of its quarterly earnings release. Apollo, the provider of educational programs is expected to release its quarterly results on June 30th. Wall Street Analysts consensus calls for a profit of $1.34 a share on $1.2 billion revenue. … Continue reading “Earnings Preview: Apollo”

Worthington Higher Ahead of Earnings

New York, June 29th (TradersHuddle.com) – Shares of Worthington Industries, Inc. (NYSE:WOR) are trading higher by +2.59% ahead of its quarterly earnings release. Worthington, the maker of processed steel products is expected to release its quarterly results on June 30th. Wall Street Analysts consensus calls for a profit of $0.55 a share on $649.2 million … Continue reading “Worthington Higher Ahead of Earnings”

Schnitzer Steel Earnings Preview

New York, June 29th (TradersHuddle.com) – Shares of Schnitzer Steel Industries, Inc. (NASDAQ:SCHN) are trading higher by +3.77% ahead of its quarterly earnings release. Schnitzer Steel, the recycler of scrap metal is expected to release its quarterly results on June 30th. Wall Street Analysts consensus calls for a profit of $1.19 a share on $831.16 … Continue reading “Schnitzer Steel Earnings Preview”