StockCall.com Provides Stock Research on Eldorado Gold Corp., Grupo Televisa S.A.B., Fifth Street Finance Corp., and Stryker Corp.
New York City, New York -- (June 13, 2013)
The sell-off in the U.S. equity market continued on Wednesday, June 12, 2013, amid ongoing concerns over the longevity of the Federal Reserve bond buying program. After Tuesday’s sell-off, equities initially moved higher yesterday. However, all three benchmark indexes failed to hold on to their gains. The Fed’s $85 billion a month bond buying program has been the primary reason for the rally in stocks and other risk assets this year. With growing speculation that the Fed might start winding up its bond buying program, it is not surprising that investors are reducing riskier bets. All ten sectors in the S&P 500 ended the day near session lows in their most recent session. The major movers included Eldorado Gold Corp. (USA) (NYSE: EGO), Grupo Televisa S.A.B. (ADR) (NYSE: TV), Fifth Street Finance Corp. (NASDAQ: FSC), and Stryker Corporation (NYSE: SYK). StockCall initiated free in-depth technical analysis on EGO, TV, FSC, and SYK which are currently available upon sign up at
www.stockcall.com/research
Shares in Eldorado Gold Corp. moved higher on Wednesday even as the broader market struggled. The company’s shares ended the day 0.41% higher at $7.41 after trading between $7.33 and $7.55. A total of 4.23 million shares were traded which is below the daily average volume of 4.91 million. Shares of EGO have fallen over 5.60% so far this week. Since the beginning of this year, the stock has fallen over 42.10% as gold prices have come under pressure. It is currently trading 54% below its 52-week high. Sign up for the free technical analysis on EGO at
www.StockCall.com/EGO061313.pdf
Grupo Televisa S.A.B.’s stock fell sharply yesterday, thus extending its losses for the week. The company’s shares hit an intraday low of $23.01 before finishing the day 2.31% lower at $23.30. A total of 2.61 million shares were traded on Wednesday which is well above the daily average volume of 1.63 million. Shares of the TV broadcaster have now fallen over 3.10% so far this week. From this year’s start, the stock has also dwindled over 11.80% to trade 19.71% below its 52-week high. Shares of the company are also trading well below their 50- and 200-day moving averages. Download the free report on TV by registering at
www.StockCall.com/TV061313.pdf
Shares in Fifth Street Finance Corp. moved lower on Wednesday, ending the day 1.88% lower at $10.14 after trading between $10.13 and $10.40. It saw a total of 1.45 million shares traded during the session which is below the daily average volume of 1.48 million. The stock has fallen nearly 3.50% so far this week, and from the beginning of the year, it has seen a growth of over 1.70%. Yet, the stock is underperforming the S&P 500. The company’s shares are currently trading 7.56% below their 52-week high. The free report on FSC can be downloaded by signing up now at
www.StockCall.com/FSC061313.pdf
Stryker Corporation’s stock struggled on Wednesday, closing 0.69% lower at $66.37 after trading between $66.36 and $67.25. A total of 1.04 million shares were exchanged which is below the daily average volume of 1.30 million. Shares of the company have fallen nearly 1.20% so far this week. However, despite the recent losses, the stock is still up over 21.50% since the start of 2013. Shares of this medical appliances & equipment maker are trading well above their 200-day moving average. Free report on SYK can be accessed by registering at
www.StockCall.com/SYK061313.pdf
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