Wall Street Fundamentals Releases New In-Depth Stock Reports on GE, JPM, MSFT and WFC
The Dow Jones industrial average and the Standard & Poor's 500 index posted slight gains to set new records Friday. Investors are set to receive important information regarding the state of the economy this coming week as reports on inflation and retail sales are to be released and a number of industry bellwethers such as General Electric, Intel, Microsoft and the remaining big banks are also set to report earnings. The Russell 2000 index closed at a new record high for the third consecutive trading day, the index has gained roughly 22.0 percent year-to-date outpacing both the Dow Jones and the S&P 500.
General Electric Company (NYSE: GE) shares traded in the range of $23.59 to $24.00 Friday before settling to close at $23.76, a decrease of 0.75 percent. The stock appears to be facing some resistance at the $23.87 and $24.33 levels with some support at $23.68. The company is scheduled to release fiscal fourth quarter earnings after market close on Friday, July 19th. Shares of General Electric have gained approximately 13.2 percent in 2013.
More information on General Electric and access to the free equity report can be found at:
www.WallStreetFundamentals.com/GE
JPMorgan Chase & Co. (NYSE: JPM) shares traded in the range of $54.75 to $55.85 Friday before settling to close at $54.97, a decrease of 0.31 percent. The stock appears to be facing some resistance at the $55.71 and $61.13 levels with some support at $54.70. Shares of JPMorgan Chase & Co. have gained approximately 25.0 percent in 2013.
More information on JPMorgan Chase & Co. and access to the free equity report can be found at:
www.WallStreetFundamentals.com/JPM
Microsoft Corporation (NASDAQ: MSFT) shares traded in the range of $35.28 to $35.73 Friday before settling to close at $35.67. The stock appears to be facing some resistance at the $36.72 and $35.67 levels with some support at $34.40. The company is scheduled to release fiscal fourth quarter earnings after market close on Thursday, July 18th. Shares of Microsoft have gained approximately 33.5 percent in 2013.
More information on Microsoft and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MSFT
Wells Fargo & Co. (NYSE: WFC) shares traded in the range of $42.20 to $43.05 Friday before settling to close at $42.63, an increase of 1.77 percent. The stock appears to be facing some resistance at $55.71 and $43.03 with some support at the $41.75 and $41.38 levels. Shares of Wells Fargo have gained approximately 24.7 percent in 2013.
More information on Wells Fargo and access to the free equity report can be found at:
www.WallStreetFundamentals.com/WFC
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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
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Wall Street Fundamentals
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