LONDON, March 26, 2013 /PRNewswire/ --
Construction spending in the U.S. has rebounded sharply since last year, driven by a recovery in the residential real estate market. With the housing market set to continue to recover, construction spending should remain robust. Spending on infrastructure projects is also expected to remain strong. These trends should benefit cement companies such as CEMEX S.A.B de C.V. (NYSE: CX), and Eagle Materials Inc. (NYSE: EXP). Cement companies should also benefit from a pickup in economic activity in China. The improving economic outlook in the U.S. and China also augurs well for industrial equipment and component makers such as Emerson Electric Co. (NYSE: EMR), and Mueller Water Products Inc. (NYSE: MWA). Industrial stocks ended mostly lower on Monday as the broad market slipped after initial euphoria over Cyprus's last-minute bailout deal faded. StockCall has released full comprehensive research on CX, EXP, EMR, and MWA and these free technical analyses can be downloaded by signing up at
http://www.stockcall.com/technicalanalysis
Shares of CEMEX S.A.B de C.V. ended marginally lower in Monday's trading session. The stock ended the day 0.66% lower at $12.13 on volume of 20.25 million. The cement producer's shares have been trading sideways over the past week after seeing a series of higher highs in the previous two weeks. The stock has been struggling to break through $12.50 resistance level. Its MACD chart suggests that market sentiment has turned bearish. Shares of CX currently have support at around $12. Free technical analysis on CX available by signing up at
http://www.StockCall.com/CX032613.pdf
Shares of Eagle Materials Inc. fell sharply in trading on Monday, extending their losses from the previous trading sessions. The stock ended the day 2% lower at $66.54 on above average volume of 1.92 million. Eagle Materials' shares have now fallen more than 6.20% in the last three sessions. The stock's MACD has just crossed below the signal line, which is a strong bearish signal. The downbeat trend is further confirmed by recent volume activity. Despite the recent pullback, the company's shares have gained nearly 13.75% so far this year, outperforming the S&P 500. Register today and access the free research on EXP at
http://www.StockCall.com/EXP032613.pdf
Shares of Emerson Electric Co. also struggled in yesterday's trading session, closing 1.69% lower at $55.83 on above average volume of 3.68 million. The stock is currently trading more than 4.80% below its 52-week high of $58.67. Emerson Electric's shares currently face resistance at around $58. The stock has support at around $55. The stock's MACD has recently crossed below the signal line, which indicates that market sentiment has turned bearish on the stock. The stock has also slipped below its 50-day moving average, further confirming the downbeat trend. The free report on EMR can be downloaded by signing up now at
http://www.StockCall.com/EMR032613.pdf
Shares of Mueller Water Products Inc. have been facing stiff resistance at $6.20. The stock closed 1.31% lower at $6.02 on volume of 953,600 in Monday's trading session, tracking losses in the broad market. The company's shares have gained nearly 7.70% for the year, compared to a gain of 8.80% for the S&P 500. The stock is currently trading above its 50-day and 200-day moving averages. The stock's MACD is also trading above the signal line and the zero-line. Free report on MWA can be accessed by registering at
http://www.StockCall.com/MWA032613.pdf
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
http://www.stockcall.com
SOURCE StockCall.com