Dow Jones Round Up - Higher: BAC, AA, CSCO

Published on Thursday, 19 January 2012 12:35 Written by Christian Paolinetti

New York, January 19th (TradersHuddle.com) - The Dow Jones Industrial Average is higher trading at 12599.1, which represents 0.16% versus its previous trading session close. The blue chip index is having a good day with 21 Dow components trading higher.

Bank of America (NYSE:BAC) is the Dow's top performer this morning with the stock trading at $7.12 representing 4.63% versus the previous trading session. Shares of Bank of America, the largest U.S. lender have defined support at $6.41 and resistance at $7.02.

Alcoa (NYSE:AA) is also among the top performers early in the trading session, trading at $10.21 representing 1.87% from its previous close. Alcoa, the aluminum producer has calculated support and resistance levels at $8.50 and $9.97 respectively. The other top performer this morning is Cisco (NASDAQ:CSCO), which is trading at $19.87 representing 1.69% from the previous trading session.

The Dow's worst performers include McDonald's (NYSE:MCD) that is trading at $100.74 or -0.81% from the previous close. Shares of McDonald's, the largest restaurant chain in the world have defined support at $83.74 and resistance at $96.59. Also among the worst performers we have Pfizer (NYSE:PFE), which is trading at $21.8 representing -0.77% from the previous trading session.

Benchmark crude for January delivery is also trading higher at $97.12 a barrel on the New York Mercantile Exchange higher 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 1313.82, which represents 0.44% from previous close, the Nasdaq on the other hand is trading at 2791.26 that represents 0.78% from previous session.