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Natural Gas Services Group, Inc. (NGS), a provider of compressors to the natural gas industry, has surprised on estimates 4 quarters in a row by an average of 18.70% despite difficult economic conditions as natural gas prices have plunged. The company is trading with a forward P/E of 12.66.
Company Description
Natural Gas Services Group manufactures, maintains [...]
2008 was truly a year of misery, suppression and depression in the financial markets. No sector held up well, as day after day seemed laden with negative news and panic. The utilities sector, typically seen as a safe haven, was anything but safe losing nearly 30% of its value in 2008. As the sector gears up for 2009, the stocks that should be successful are the ones that have the capacity to stand tall as the economy continues reeling; however, stocks in the utilities space need to maintain the potential to benefit from a turnaround. With that being said, the following are three stocks to consider for 2009. WGL Holdings (WGL) WGL Holdings is the dominant natural gas[More...]
Last week marked yet another rollercoaster performance in the stock market, as major indices clocked in yet another weekly loss. Markets rebounded from their lows on Monday as they were reassured by General Electric (GE) that it will maintain its dividend payment in 2009, which boosted the stock by over $2 in one day. Several more dividend stocks rewarded their patient shareholders with a raise in their quarterly payments. Dividends are normally paid out of earnings and are often used to measure a company’s financial condition. Only the companies that are experiencing significant increases in free cash flow will be in a position to provide a growing stream of dividend payments to their stockholders. Enbridge Inc (ENB), which engages in the transportation and distribution of crude oil and natural gas, announced that its Board has approved a 12%[More...]
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NGS - The stock faces resistance a strong resistance at the $15.03-$15.79 range and enjoys a strong support at $11.91. Exposures may be trimmed if the stock gets closer to the resistance zone and fails to close above it. Evidence of support at the $13.82-$14 range may be used to buy the stock with a stop-loss at $13.06. The outlook expressed a couple of days ago is still valid. The recent price action has not negated the possibility of a rally to the $17.49-$19 range. This view would be invalidated only on a close below the 20 day moving average currently at $11.91.
Chart courtesy of stockcharts ( click to enlarge )
AAPL - A move past $112.19 would be a strong indicator of a further uptrend in the stock. On the other hand, a decline below the $100.75 level would indicate further weakness in the stock. Shareholders may remain invested with a stop-loss at $100.
Chart courtesy of stockcharts ( click to enlarge )
TSFL - The stock price broke out from the horizontal resistance on strong volume. This momentum could push TFS Financial Corporation shares much higher from here.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
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