SPDR Wells Fargo Preferred Stock Breaks Above 200-Day Moving Average - Bullish for PSK
Posted on January 10, 2013 at 15:56 PM EST
In trading on Thursday, shares of the SPDR Wells Fargo Preferred Stock ETF (PSK) crossed above their 200 day moving average of $45.49, changing hands as high as $45.50 per share. SPDR Wells Fargo Preferred Stock shares are currently trading up about 0.1% on the day.