Home » Archive for February, 2012

Intel Shares Neutral as AMD Gains Ground

Current Intel (NASDAQ:INTC) price action is perhaps one of the best possible examples when looking for an example of consolidated price action. INTC has been trending across a tightrope defined with an even high of $27 to a low of $26.27.  When talking about shares of a company, Intel in this case obviously, a range difference of 73 cents spread across a span of 16 trading days tends to be particularly intriguing. Volume dwindles as momentum ceases to exist Beyond reaching $27 after positive earnings were released on January 19th, 2012 there has... 
 

Apple Share Run Paused

Well, for a change in uncertain market waters, there’s at least a good explanation why Apple Inc. (NASDAQ:AAPL) shares down-turned yesterday.  You can go here and here to see what is going on since it does nobody a lot of good to regurgitate solid work done by other editors and writers. Still, it doesn’t change the fact that AAPL closed for a daily loss during Wednesday’s trading session after positing eight consecutive daily gains.  Eight days of gain are nothing to scoff at, undoubtedly.  After posting EPS of about 3 dollars... 
 

General Electric Shares have Channel Support

During Wednesday’s trading session traders observed General Electric Company (NYSE:GE) shares descend to an intraday low of $18.70 per share which is a penny above the channel low of $18.69 seen January 31st, 2012.  Should shares of GE drop below this point of support there happens to be an earlier point of support at the December 28th, 2011 price level of $17.72.  With that said, open a daily chart and look. Regarding company events, GE Capital’s Telecom, Media and Technology (otherwise known as ‘TMT’) financing business... 
 

SolarWinds’ Stock Recovers Monday’s Lost Ground Amid 4Q 2011 Results

During yesterday’s market session, shares of SolarWinds, Inc. (NYSE:SWI) gapped up at the morning open which surely was a welcomed occurrence to long-positioned traders.  Trouble is, shares fell below where they closed the previous day of trading (Friday). Now all of the traders who sold heavily during yesterday’s session get to observe SWI shares rise again today, above Monday’s high, amid positive 4Q earnings. Here are some details regarding SolarWinds’ 4Q: Record total revenue for the full year of 2011 of $198.4 million, ... 
 

Natural Resoure Partners Completes Fifth Coal Reserve Acquisition

Natural Resource Partners L.P. (NYSE:NRP) has completed its fifth coal reserve acquisition at Deer Run mine near Hillsboro, Illinois, according to a company statement released earlier today. The new acquisition comes at the expense of $40 million dollars (in cash) which were paid by Colt LLC, an affiliate of the Cline Group.  Natural Resource Partners has already paid $215 million dollars of the $255 million slated for the acquisition of approximately 200 million tons of reserves. According to NRP, the final acquisition for $40 million will be... 
 
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