iShares FTSE/Xinhua China 25 Breaking Out?

New York, July 1st (TradersHuddle.com) – Shares of iShares FTSE/Xinhua China 25 Index Fund (NYSE:FXI) closed the trading session at $43.30 just above calculated resistance at $42.63 moving to what appears to be a new range, as this move will clearly raise the attention of momentum buyers. iShares FTSE/Xinhua China 25 Index Fund (NYSE:FXI) is … Continue reading “iShares FTSE/Xinhua China 25 Breaking Out?”

Materials Select Sector SPDR Close to 50 Day Moving Average

New York, July 1st (TradersHuddle.com) – Shares of Materials Select Sector SPDR Fund (NYSE:XLB) closed the trading day at $39.73 close to its 50 day moving average currently set at $38.74. Materials Select Sector SPDR’s price action is just above this important support level translating into a trading opportunity. Materials Select Sector SPDR Fund (NYSE:XLB) … Continue reading “Materials Select Sector SPDR Close to 50 Day Moving Average”

Approaching Resistance – Technology Select Sector SPDR

New York, July 1st (TradersHuddle.com) – Shares of Technology Select Sector SPDR Fund (NYSE:XLK) are trading very close to calculated resistance at $26.89 with the current price action closing at just $26.12 placing the stock near levels that make it difficult to buy. Technology Select Sector SPDR Fund (NYSE:XLK) seeks to provide investment results that … Continue reading “Approaching Resistance – Technology Select Sector SPDR”

New Ratings (CALX, DGII, FCAL, FPTB, FL, MPC, OSUR, PPO, SONS, SCCO)

New York, July 1st (TradersHuddle.com) – Following are some of the new analyst ratings before the market open.   Research Firms Initiate or Resume:   Calix Networks (NASDAQ:CALX) was initiated with Market Perform and a target price of $22 at Morgan Keegan. The firm noted demand for higher capacity network connections along with a government … Continue reading “New Ratings (CALX, DGII, FCAL, FPTB, FL, MPC, OSUR, PPO, SONS, SCCO)”

Up/Downgrades (ISCA, MUR, NTAP, WBK, ABCO, BMTI, CETV, CGV, GIS, RVBD, SREV)

New York, July 1st (TradersHuddle.com) – Following are some of the top upgrades and downgrades before the market open.   Upgrades   International Speedway (NASDAQ:ISCA) was upgraded to Outperform from Underperform at Raymond James. The firm set its target price at $35.   Murphy Oil (NYSE:MUR), the oil and gas producer and refining company, was … Continue reading “Up/Downgrades (ISCA, MUR, NTAP, WBK, ABCO, BMTI, CETV, CGV, GIS, RVBD, SREV)”