StockCall.com Provides Stock Research on CubeSmart, Redwood Trust Inc., Associated Banc-Corp, and Bank of Montreal
New York City, New York -- (May 13, 2013)
Equity markets had an excellent run last week as all three benchmark indexes posted gains. On Friday, the Dow Jones and the S&P 500 closed at yet another record high level as investors continued to pour money into equities. For the year, the S&P 500 is now up more than 14.50%. With the U.S. economic outlook continuing to improve, the rally in equities could continue. The financial sector was among the major gainer in the S&P 500 at the end of last week’s session, closing 0.32% higher. Among the major movers in the sector were CubeSmart (NYSE: CUBE), Redwood Trust Inc. (NYSE: RWT), Associated Banc Corp. (NASDAQ: ASBC), and Bank of Montreal (NYSE: BMO). StockCall has released full comprehensive research on CUBE, RWT, ASBC, and BMO and these free technical analyses can be downloaded by signing up at
www.stockcall.com/technicalanalysis
Shares of CubeSmart edged lower in trading on Friday, extending their losses from previous trading sessions. The stock closed 0.92% lower at $17.14 on volume of 751,958 after trading between $17.14 and $17.40. CubeSmart’s shares have fallen more than 2.10% in the last three sessions. Despite the recent pullback, shares of CUBE are still trading close to their 52-week high of $17.70. The stock has gained nearly 18.50% so far in 2013, outperforming the S&P 500. CUBE currently has a dividend yield of 2.57%. Free technical analysis on CUBE available by signing up at
www.StockCall.com/CUBE051313.pdf
Shares of Redwood Trust Inc. edged higher in Friday’s trading session, tracking gains in the broad market. The stock closed 0.99% higher at $21.40 on volume of 777,874. Despite the gains in the last trading session, Redwood Trust’s shares have fallen more than 4% in the last three sessions. The stock has been facing stiff resistance at around $23. The company’s shares slipped below their 50-day moving average as a result of the recent pullback. This is a bearish signal. The REIT currently has a dividend yield of 5.23%. Register today and access the free research on RWT at
www.StockCall.com/RWT051313.pdf
Shares of Associated Banc Corp. edged higher on Friday; however, the gains were limited. The stock closed 0.54% higher at $14.80 on volume of 471,956. The company’s shares had an excellent run last week, gaining more than 3.70%. The stock also crossed its 50-day moving average last week which is a bullish signal. The positive trend is further confirmed by its MACD chart. Year-to-date, shares of the company have gained more than 13.40%, underperforming the broad market. The stock is currently trading nearly 3.60% below its 52-week high. The free report on ASBC can be downloaded by signing up now at
www.StockCall.com/ASBC051313.pdf
Shares of Bank of Montreal struggled in Friday’s trading session. The stock ended the day 1.04% lower at $61.63 on volume of 492,983 after trading between $61.40 and $62.20. Despite the sharp decline, Bank of Montreal’s shares are currently trading close to their 52-week high of $64.79. The stock currently has strong support at around $61.50. It has been facing stiff resistance at around $63. Its MACD chart suggests that market sentiment has turned bearish recently. Year-to-date, Bank of Montreal’s shares have gained nearly 2.90%, underperforming the S&P 500 which gained more than 14.50% in the same period. Free report on BMO can be accessed by registering at
www.StockCall.com/BMO051313.pdf
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