Dow's Top Performers :BAC, CSCO, VZ

Published on Wednesday, 11 January 2012 12:35 Written by Danny Miller

New York, January 11th (TradersHuddle.com) - The Dow Jones Industrial Average is lower trading at 12426, which represents -0.29% versus its previous trading session close. The blue chip index is having a mixed day with downside bias by having only 13 Dow components trading higher.

Bank of America (NYSE:BAC) is the Dow's top performer this morning with the stock trading at $6.77 representing 2.11% versus the previous trading session. Shares of Bank of America, the largest U.S. lender have defined support at $4.92 and resistance at $6.35.

Cisco (NASDAQ:CSCO) is also among the top performers early in the trading session, trading at $19.04 representing 1.12% from its previous close. Cisco, the networking giant has calculated support and resistance levels at $17.62 and $18.64 respectively. The other top performer this morning is Verizon (NYSE:VZ), which is trading at $38.9 representing 0.86% from the previous trading session.

The Dow's worst performers include Disney (NYSE:DIS) that is trading at $38.75 or -2.22% from the previous close. Shares of Disney, the largest diversified media company in the world have defined support at $34.51 and resistance at $40.25. Also among the worst performers we have Coca Cola (NYSE:KO), which is trading at $67.84 representing -2.17% from the previous trading session.

Benchmark crude for January delivery is also trading lower at $97.12 a barrel on the New York Mercantile Exchange lower by $-0.1 from the previous trading session.

The Dow is underperfoming the S&P 500 but is pretty much equal with the NASDAQ composite. The S&P 500 is currently trading at 1290.08, which represents -0.15% from previous close, the Nasdaq on the other hand is trading at 2706.32 that represents 0.14% from previous session.