LONDON, July 9, 2014 /PRNewswire/ --
On Tuesday, July 08, 2014, the NASDAQ Composite ended at 4,391.46, down 1.35%, the Dow Jones Industrial Average finished the session at 16,906.62, down 0.69% and the S&P 500 closed at 1,963.71, down 0.70%. During the trading session, nine out of the ten sectors finished on a lower note. The S&P 500 Financials Sector Index ended the day 0.86% lower at 306.42, while the index has gained 3.98% in the previous three months. Investor-Edge has initiated coverage on the following equities: Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C) and The Toronto-Dominion Bank (NYSE: TD). Free technical research on BAC, WFC, C and TD can be downloaded upon signing up at:
http://www.investor-edge.com/4659-register
On Tuesday, shares in Bank of America Corp. fell by 2.26%, closing the session at $15.58. A total of 73.27 million shares were traded, which was near its three months average volume of 78.88 million shares. The stock moved between $15.52 and $15.83 during the session. Bank of America Corp.'s stock has declined 1.70% in the previous three trading sessions and 0.06% in the last one month, while the company's shares have advanced 0.06% from the beginning of 2014. The company's stock is trading above its 50-day moving average. The stock's 50-day moving average of $15.25 is below its 200-day moving average of $15.65. Additionally, Bank of America Corp.'s stock traded at a PE ratio of 10.46 and has a Relative Strength Index (RSI) of 61.25. Sign up today to read free research on BAC at:
http://www.investor-edge.com/4659-BAC-09Jul2014.pdf
Shares in Wells Fargo & Co. edged 0.48% lower on Tuesday, ending the day at $52.25. The stock recorded a trading volume of 17.26 million shares, above its three months average volume of 14.92 million shares. The company's stock oscillated between $52.10 and $52.45 during the session. The company's stock traded at a PE ratio of 13.00. Shares in Wells Fargo & Co. have gained 0.52% in the last one month and 15.09% since the start of this year. However, the company's shares have lost 0.78% in the previous three trading sessions. Wells Fargo & Co.'s shares are trading above their 50-day and 200-day moving averages of $50.89 and $46.60, respectively. Furthermore, the company's stock has an RSI of 56.28. Sign up today to read free research on WFC at:
http://www.investor-edge.com/4659-WFC-09Jul2014.pdf
Citigroup Inc.'s stock fluctuated between $47.25 and $47.73 before ending Tuesday's session 1.17% lower at $47.42. The company's stock reported a trading volume of 13.80 million shares, which was below its three months average volume of 17.98 million shares. Shares of the company traded at a PE ratio of 9.57. Over the previous three trading sessions and in the last one month, Citigroup Inc.'s stock has fallen by 1.23% and 3.09%, respectively. Additionally, the company's stock is down 9.00% on YTD basis. Citigroup Inc.'s stock is trading below its 50-day and 200-day moving averages of $47.60 and $49.31, respectively. Moreover, the company's shares have an RSI of 52.53. Sign up today to read free research on C at:
http://www.investor-edge.com/4659-C-09Jul2014.pdf
On Tuesday, shares in The Toronto-Dominion Bank recorded a trading volume of 0.69 million shares, near its three months average volume of 0.74 million shares. The stock finished the day at $51.45, which was 0.16% lower its previous day's closing of $51.53, and registered an intraday range of $51.15 and $51.54. Shares in The Toronto-Dominion Bank have advanced 2.55% in the last one month and 9.19% on YTD basis. However, the company's shares have declined 0.41% in the previous three trading sessions. Shares in The Toronto-Dominion Bank are trading above their 50-day and 200-day moving averages of $49.36 and $46.42, respectively. Furthermore, the company's stock traded at a PE ratio of 14.00 and has an RSI of 64.43. Sign up today to read free research on TD at:
http://www.investor-edge.com/4659-TD-09Jul2014.pdf
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