StockCall.com Provides Stock Research on MGIC Investment Corp., Genworth Financial Inc., AFLAC Inc., Nasdaq OMX Group Inc., and Simon Property Group Inc.
New York City, New York -- (May 17, 2013)
Equity markets edged lower on Thursday following comments from San Francisco Federal Reserve President John Williams. All three benchmark indexes struggled for direction earlier in the day as investors digested some disappointing economic data. Stocks turned lower in late trading after San Francisco Fed President said that the Federal Reserve might start to wind up its bond buying program this summer and end it later this year if the labor market improves. Fed’s aggressive bond buying program has been one of the main reasons for the rally in equity markets this year. The financial sector was among the major loser, ending 0.74% lower. Among the major movers in the sector were MGIC Investment Corp. (NYSE: MTG), Genworth Financial Inc. (NYSE: GNW), AFLAC Incorporated (NYSE: AFL), NASDAQ OMX Group Inc. (NASDAQ: NDAQ), and Simon Property Group Inc. (NYSE: SPG). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
www.stockcall.com/report
MGIC Investment Corp.’s shares were among the major losers in the financial sector on Thursday, ending the day 3.87% lower at $5.96 on above average volume of 14.57 million after trading between $5.91 and $6.35. Despite the sharp decline, MGIC Investment’s shares have gained more than 2.40% in the last three trading sessions. The stock is currently trading close to its 52-week high of $6.60. Year-to-date, the company’s shares have gained more than 124%, easily outperforming the S&P 500. Sign up for the free report on MTG at
www.StockCall.com/MTG051713.pdf
Shares of Genworth Financial Inc. also struggled in yesterday’s trading session. The stock closed 2.97% lower at $10.61 on above average volume of 11.78 million. Shares of GNW have seen a pullback after failing to break through $11 resistance level. The stock’s MACD chart suggests that market sentiment has turned bearish. The company’s shares are currently trading more than 4.60% below their 52-week high. GNW free technical report can be accessed by signing up at
www.StockCall.com/GNW051713.pdf
Shares of AFLAC Incorporated edged higher on Thursday. The stock traded between $54.09 and $54.88 before finishing the day 0.89% lower at $54.32 on volume of 2.89 million. AFLAC’s shares have been struggling over the past week after seeing a series of highs in the previous two weeks. The stock has seen a pullback from $56 resistance level. Its MACD has just crossed below the signal line which is a bearish signal. Free report on AFL can be accessed by registering at
www.StockCall.com/AFL051713.pdf
Another major loser in the financial sector yesterday was NASDAQ OMX Group Inc. Shares of the exchange operator fell 1.19% to finish the day at $30.76 on volume of 1.05 million. Despite the sharp decline, NASDAQ OMX’s shares are up more than 0.90% in the last three sessions. The stock, earlier this week, crossed above its 50-day moving average which is a bullish signal. Year-to-date, the company’s shares have gained more than 23.50%, outperforming the broad market.Register withStockCall and download the research on NDAQ for free at
www.StockCall.com/NDAQ051713.pdf
Shares of Simon Property Group Inc. fell sharply on Thursday. The stock closed 1.15% lower at $177.56 on above average volume of 1.43 million after trading between $177.13 and $180.29. Notwithstanding the pullback, Simon Property’s shares are trading close to their 52-week high of $180.85. The stock is also trading well above its 50-day and 200-day moving averages. The company currently has a dividend yield of 2.59%. Read the full free research on SPG by signing up to StockCall at
www.StockCall.com/SPG051713.pdf
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