TradersHuddle Mid-day Update: Dow Jones Higher Top Performers: AXP, UNH, MMM
Published on Friday, 16 November 2012 12:35 Written by Gerard Lerod
New York, November 16th (TradersHuddle.com) - The Dow Jones Industrial Average is higher trading at 12580.4, which represents 0.3% versus its previous trading session close, with 14 of its components trading positively.
American Express (NYSE:AXP) is the Dow's top performer this morning with the stock trading at $54.45 representing 1.51% versus the previous trading session. Shares of American Express, the credit card issuer and travel services company have defined support at $54.95 and resistance at $59.00.
United Health (NYSE:UNH) is also among the top performers early in the session, trading at $52 representing 1.47% from its previous close. United Health, the owner and manager of organized health systems has calculated support and resistance levels at $53.39 and $58.29 respectively. The other top performer this morning is 3M (NYSE:MMM), which is trading at $88.99 representing 1.1% from the previous trading session.
The Dow's worst performers include Hewlett Packard (NYSE:HPQ) that is trading at $12.62 or -3.52% from the previous close. Shares of Hewlett Packard, the maker of printers and personal computers have defined support at $13.07 and resistance at $14.48. Also among the worst performers we have Verizon (NYSE:VZ), which is trading at $41 representing -1.68% from the previous session.
Benchmark crude for December delivery is also trading higher at $86.34 a barrel on the New York Mercantile Exchange higher by $0.89 from the previous trading session.
The Dow is under performing the S&P 500, but is pretty much equal with the NASDAQ composite. The S&P 500 is currently trading at 1357.86, which represents 0.33% from previous close, the Nasdaq on the other hand is trading at 2848.67 that represents 0.41% from previous session.
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