Yahoo Finance AMX, ADBE, BMC, PMTC, and SIMG Early Briefing and Review
StockCall.com Provides Stock Research on America Movil S.A.B. de C.V., Adobe Systems Inc., BMC Software Inc., Parametric Technology Corp., and Silicon Image Inc.
New York City, New York -- (May 23, 2013)
The U.S. equity market tumbled on Wednesday, May 22, 2013, as market participants digested the minutes of Federal Reserve’s most recent FOMC. Earlier in the day, all three benchmark indexes in the U.S. edged higher after Fed Chairman Ben Bernanke said during his testimony to the Senate that the continuation of the central bank’s bond buying program or QE3 will depend on the state of the economy. However, minutes of Fed’s most recent FOMC, which were released later in the day, showed that several officials in the U.S. Federal Reserve want the central bank to start winding up QE3 as early as the June meeting if the economy shows sign of a sustained recovery. The technology sector was one of the worst performers in the S&P 500 on Wednesday, falling more than 1.20%. The worst performers in the sector included America Movil SAB de C.V. (ADR) (NYSE:AMX - News), Adobe Systems Incorporated (NASDAQ:ADBE - News), BMC Software Inc. (NASDAQ:BMC - News), PTC Inc. (NASDAQ:PMTC - News), and Silicon Image Inc. (NASDAQ:SIMG - News). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
Shares in America Movil SAB de C.V. ended slightly lower on Wednesday, falling 0.39% to finish the day at $20.24. A total of 5.60 million shares were traded. So far this week, America Movil SAB de C.V.’s stock has fallen more than 2.10%, slipping below its 50-day moving average. The MACD chart indicates that market sentiment is bearish. So far in 2013, the company’s stock has fallen over 12.50%, underperforming the S&P 500. Sign up for the free report on AMX at
www.StockCall.com/AMX052313.pdf
Adobe Systems Incorporated’s stock was one of the worst performers in the technology sector yesterday, falling 1.93% to close at $43.17. A total of 3.03 million shares were traded between $42.95 and $44.31. The company’s shares are down more than 3.20% since the start of this week. However, despite the sharp decline, they have gained nearly 14.60% so far this year to trade nearly 8.50% below their 52-week high. ADBE free technical report can be accessed by signing up at
www.StockCall.com/ADBE052313.pdf
Shares in BMC Software Inc. also slipped on Wednesday, tracking losses in the broader market. The company’s shares closed 0.13% lower at $45.25 after trading between $45.25 and $45.37. A total of 7.27 million shares were traded, which is significantly above the daily average volume of 4.02 million. Shares of BMC are currently trading above their 50-and 200-day moving averages; although in the past month they have traded sideways. Free report on BMC can be accessed by registering at
www.StockCall.com/BMC052313.pdf
PTC Inc.’s stock fell sharply on Wednesday, closing 2.13% lower at $24.30. A total of 727,884 shares were traded. However, despite the sharp decline, the company’s shares are trading near their 52-week high of $26.19. So far this year, shares of PMTC are up nearly 8%, underperforming the S&P 500. The company’s stock is facing resistance at around $25.50.Register withStockCall and download the research on PMTC for free at
www.StockCall.com/PMTC052313.pdf
Shares in Silicon Image Inc. hit a 52-week high of $6.28 yesterday. However, the stock failed to hold on to its gains, and closed 2.44% lower at $6. A total of 1.59 million shares were traded, which is nearly double the daily average volume. Despite falling sharply, company shares have gained over 2.50% so far this week. So far this year, the stock is up nearly 21%, outperforming the S&P 500. Read the full free research on SIMG by signing up to StockCall at
www.StockCall.com/SIMG052313.pdf
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