Yahoo Finance PHM, WY, HEK, JOY, and FAST Early Briefing and Review
StockCall.com Provides Stock Research on PulteGroup Inc., Weyerhaeuser Co., Heckmann Corp., Joy Global Inc., and Fastenal Co.
New York City, New York -- (May 15, 2013)
Despite worries that the Federal Reserve might end its aggressive bond buying program sooner-than-anticipated, equities rallied on Tuesday as market sentiment was lifted by comments from hedge fund manager David Tepper. With the Dow Jones and the S&P 500 closing at yet another record high, it seems that the rally in U.S. equity markets is likely to continue. Industrial goods were among the major gainers in the S&P 500 yesterday. Among the major movers in the sector were PulteGroup Inc. (NYSE:PHM - News), Weyerhaeuser Company (NYSE:WY - News), Heckmann Corporation (NYSE:HEK - News), Joy Global Inc. (NYSE:JOY - News), and Fastenal Company (NASDAQ:FAST - News). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
Shares of PulteGroup Inc. rose sharply in trading on Tuesday, touching a 52-week high of $24.26. The stock closed 3.68% higher at $24.25 on volume of 7.75 million, taking its gains in the last three trading sessions to over 6.10%. PulteGroup’s shares have seen a series of highs in the last two weeks which is a bullish signal. The stock’s MACD is currently trading above the signal line and the zero-line which further confirms the bullish trend. Shares of PHM have gained more than 33.50% so far in 2013 as compared to a gain of over 15.70% for the S&P 500. Sign up for the free report on PHM at
www.StockCall.com/PHM051513.pdf
Another major gainer in the industrial sector yesterday was Weyerhaeuser Company. The stock touched an intraday high of $32.27 before finishing the day 4.40% higher at $32.26 on above average volume of 7.03 million. The company’s shares are currently trading close to their 52-week high of $32.33. The stock is currently trading above its 50-day and 200-day moving averages which is a bullish signal. The positive trend is further confirmed by recent volume activity and the stock’s MACD chart. WY free technical report can be accessed by signing up at
www.StockCall.com/WY051513.pdf
Shares of Heckmann Corporation edged higher in Tuesday’s trading session, extending their gains from previous sessions. The stock ended the day 2.54% higher at $3.63 on volume of 1.92 million, taking its gains in the last three trading sessions to over 4.60%. Despite the recent gains, Heckmann’s shares have fallen nearly 10% so far in 2013, underperforming the broad market. The stock is currently trading more than 29.30% below its 52-week high. However, its MACD chart suggests that market sentiment recently turned bullish. Shares of HEK currently face resistance at around $3.70. Free report on HEK can be accessed by registering at
www.StockCall.com/HEK051513.pdf
Shares of Joy Global Inc. edged lower yesterday, extending their losses from previous trading sessions. The stock closed 1.44% lower at $56.74 on above average volume of 2.95 million, taking its losses in the last three sessions to 6.40%. Joy Global’s shares have seen a series of lows over the past week which is a bearish signal. The stock has also slipped below its 50-day and 200-day moving averages which further confirms the negative trend.Register withStockCall and download the research on JOY for free at
www.StockCall.com/JOY051513.pdf
Shares of Fastenal Company edged higher in trading on Tuesday. The stock closed 1.83% higher at $51.87 on above average volume of 1.95 million after trading between $50.83 and $52.12. Fastenal’s shares have now gained nearly 6.50% in the last three trading sessions. The stock has gained 11.40% so far in 2013, underperforming the broad market. Shares of FAST recently crossed above their 50-day moving average which is an upbeat signal. Read the full free research on FAST by signing up to StockCall at
www.StockCall.com/FAST051513.pdf
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