Stock Market Watch

These Stocks are Forming a Falling Wedge (Bullish) on Apr-5

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A downward wedge has formed in the following stocks.This is a bullish pattern found when the price moves lower but the trading range narrows.

Barrick Gold Corporation (NYSE:ABX) is currently trading at $40.73 down -1.40% in today’s trading. ABX’s RSI is currently at 28.29 which indicates that the stock is oversold. ABX is trading -12.49% below its 50 day moving average and -14.86% below its 200 day moving average. ABX is -26.75% below its 52-week high and 0.67% above its 52-week low. ABX’s PE ratio is 9.22 and their market cap is $41.33B.

Barrick Gold Corporation is engaged in the production and sale of gold, as well as related activities such as exploration and mine development.


France Telecom (NYSE:FTE) is currently trading at $13.94 down -1.20% in today’s trading. FTE is trading -7.60% below its 50 day moving average and -16.73% below its 200 day moving average. FTE is -35.01% below its 52-week high and -0.64% below its 52-week low. FTE’s PE ratio is 7.27 and their market cap is $37.38B.

France Telecom SA provides telecommunications services to residential, professional, and large business customers. Company offers public fixed-line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet etc.

Kinross Gold Corporation (NYSE:KGC) is currently trading at $9.19 down -0.54% in today’s trading. KGC is trading -13.38% below its 50 day moving average and -32.49% below its 200 day moving average. KGC is -49.08% below its 52-week high and 0.66% above its 52-week low.

Kinross Gold Corporation is mainly engaged in the mining and processing of gold and, as a by-product, silver ore and the exploration for, and the acquisition of, gold bearing properties in the Americas, the Russian Federation and worldwide.

Market Vectors Gold Miners ETF (NYSE:GDX) is currently trading at $46.20 down -1.09% in today’s trading. GDX’s RSI is currently at 29.07 which indicates that the stock is oversold. GDX is trading -13.39% below its 50 day moving average and -18.13% below its 200 day moving average. GDX is -30.82% below its 52-week high and 0.41% above its 52-week low.

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund generally normally invests at least 80% of its total assets in common stocks and American depos

Etablissements Delhaize Freres et Cie Le Lion S.A. (NYSE:DEG) is currently trading at $49.63 down -1.51% in today’s trading. DEG is trading -8.72% below its 50 day moving average and -18.62% below its 200 day moving average. DEG is -42.43% below its 52-week high and -1.04% below its 52-week low. DEG’s PE ratio is 6.76 and their market cap is $5.13B.

Delhaize Group operates food supermarkets in North America, Europe and southeast Asia. It also engages in food wholesaling to affiliated stores in its sales network; and in retailing of non-food products, such as pet products.

Atmos Energy Corporation (NYSE:ATO) is currently trading at $31.44 down -0.88% in today’s trading. ATO is trading 0.11% above its 50 day moving average and -2.10% below its 200 day moving average. ATO is -9.67% below its 52-week high and 13.84% above its 52-week low. ATO’s PE ratio is 15.10 and their market cap is $2.86B.

Atmos Energy Corp. is engaged in the regulated natural gas distribution and transmission and storage businesses as well as other nonregulated natural gas businesses.

Aurizon Mines Ltd. (NYSE:AZK) is currently trading at $4.55 down -0.87% in today’s trading. AZK is trading -10.91% below its 50 day moving average and -18.93% below its 200 day moving average. AZK is -38.10% below its 52-week high and 4.12% above its 52-week low. AZK’s PE ratio is 17.00 and their market cap is $748.77M.

The Company is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec.

Patriot Coal Corporation (NYSE:PCX) is currently trading at $5.70 down -3.06% in today’s trading. PCX is trading -22.81% below its 50 day moving average and -51.00% below its 200 day moving average. PCX is -79.07% below its 52-week high and -2.56% below its 52-week low.

The Company is a producer of coal in the eastern United States, with operations and coal reserves in Appalachia and the Illinois Basin.

PIMCO Municipal Income Fund (NYSE:PMF) is currently trading at $14.85 up 0.13% in today’s trading. PMF is trading 1.10% above its 50 day moving average and 9.15% above its 200 day moving average. PMF is -3.00% below its 52-week high and 27.35% above its 52-week low. PMF’s PE ratio is 30.27 and their market cap is $374.16M.

Primary investments (at least 90%) are municipal fixed-income securities, the interest from which is exempt from federal income tax. At least 80% of the bonds are investment grade. The Fund will seek to avoid bonds generating interest potentially subjectin

Augusta Resource Corp. (NYSE:AZC) is currently trading at $2.24 down -4.68% in today’s trading. AZC’s RSI is currently at 18.98 which indicates that the stock is oversold. AZC is trading -25.61% below its 50 day moving average and -37.79% below its 200 day moving average. AZC is -59.86% below its 52-week high and -0.44% below its 52-week low. AZC’s PE ratio is 21.36 and their market cap is $337.08M.

Augusta Resources Corporation is engaged in the acquisition, exploration and development of natural mineral resource properties.

Alon Holdings Blue Square – Israel Ltd (NYSE:BSI) is currently trading at $3.84 down -2.29% in today’s trading. BSI is trading 0.15% above its 50 day moving average and -26.27% below its 200 day moving average. BSI is -61.42% below its 52-week high and 31.96% above its 52-week low. BSI’s PE ratio is 14.04 and their market cap is $259.18M.

Alon Holdings Blue Square – Israel Ltd operates as a food retailer in Israel. It operates in the ‘Non-Food’ sector, selling ‘Non-Food’ items both in its supermarkets and in stand alone retail outlets. It operates in the commercial real estate sector.

Swisher Hygiene Inc. (NASDAQ:SWSH) is currently trading at $2.21 up 2.79% in today’s trading. SWSH’s RSI is currently at 24.49 which indicates that the stock is oversold. SWSH is trading -31.66% below its 50 day moving average and -44.94% below its 200 day moving average. SWSH is -80.66% below its 52-week high and 8.33% above its 52-week low.

Swisher Hygiene Inc. provides hygiene solutions to customers throughout much of North America and internationally.

California First National Bancorp (NASDAQ:CFNB) is currently trading at $15.72 up 0.70% in today’s trading. CFNB is trading 1.73% above its 50 day moving average and 2.58% above its 200 day moving average. CFNB is -6.98% below its 52-week high and 15.78% above its 52-week low. CFNB’s PE ratio is 15.16 and their market cap is $162.66M.

California First National Bancorp is a bank holding company with a leasing subsidiary, California First Leasing Corp and a bank subsidiary, California First National Bank. It focuses on leasing and financing capital assets.

Overstock.com Inc. (NASDAQ:OSTK) is currently trading at $5.25 down -4.37% in today’s trading. OSTK is trading -15.00% below its 50 day moving average and -42.60% below its 200 day moving average. OSTK is -67.04% below its 52-week high and 5.63% above its 52-week low.

Overstock.com, Inc. is an online retailer offering closeout and discount brand and non-brand name merchandise, including bed-and-bath goods, home dcor, kitchenware, watches, jewelry, electronics and computers, sporting goods, apparel etc.

Senomyx Inc. (NASDAQ:SNMX) is currently trading at $2.59 up 0.39% in today’s trading. SNMX is trading -16.33% below its 50 day moving average and -34.26% below its 200 day moving average. SNMX is -61.34% below its 52-week high and 3.19% above its 52-week low.

Senomyx, Inc. is engaged on the development of savory, sweet and salt flavor enhancers, high potency sweeteners, bitter blockers and cooling agents.

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Alex Fredricks
Post Written By: Alex Fredricks

Alex Fredricks has a degree in business and is an avid day-trader. Alex’s experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.


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Alex Fredricks

Alex Fredricks has a degree in business and is an avid day-trader. Alex's experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.

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