Consumer Discretionary Stocks Technical Briefing -- Research on Netflix, Best Buy, GameStop, and Conn's

LONDON, May 15, 2014 /PRNewswire/ --

The U.S. markets on Wednesday, May 14, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,613.97, down 0.61% and the NASDAQ Composite closed at 4,100.63, down 0.72%. The S&P 500 finished the session 0.47% lower at 1,888.53. During the trading session, five out of ten sectors finished on a negative note. The S&P Consumer Discretionary Sector Index ended the day at 505.16, down 1.06%, whereas the index has advanced 1.53% in the last one month. Investor-Edge has initiated coverage on the following equities: Netflix Inc. (NASDAQ: NFLX), Best Buy Company Inc. (NYSE: BBY), GameStop Corporation (NYSE: GME) and Conn's Inc. (NASDAQ: CONN). Free technical research on NFLX, BBY, GME and CONN can be downloaded upon signing up at:

http://www.investor-edge.com/2586-register

Netflix Inc.'s stock finished the Wednesday's session 1.37% higher at $351.88. A total of 2.84 million shares were traded, which was below its three months average volume of 3.26 million shares. The stock vacillated between $346.06 and $354.40 during the session. Over the previous three sessions and over the last one month, Netflix Inc.'s shares have gained 7.10% and 6.12%, respectively. However, from the beginning of 2014, the company's stock has fallen by 4.42%. . The stock is trading above its 200-day moving average of $346.06, while the 200-day moving average is below Netflix Inc.'s 50-day moving average of $368.61. The company's stock traded at a PE ratio of 132.29 and has a Relative Strength Index (RSI) of 51.72. Sign up today to read free research on NFLX at:

http://www.investor-edge.com/2586-NFLX-15May2014.pdf

On Wednesday, shares in Best Buy Co. Inc. fluctuated between $25.82 and $26.19 before ending the session 0.12% lower at $26.02. The stock reported a trading volume of 3.31 million shares, below its three months average volume of 6.55 million shares. Shares of the company traded at a PE ratio of 13.07. Best Buy Co. Inc.'s shares have advanced 0.39% in the previous three trading sessions and 1.25% in the last one month, while the stock has declined 34.75% on YTD basis. The company's shares are trading above their 50-day moving averages. Moreover, the stock's 200-day moving average of $33.18 is greater than its 50-day moving average of $25.81. Best Buy Co. Inc. shares have an RSI of 54.32. Sign up today to read free research on BBY at:

http://www.investor-edge.com/2586-BBY-15May2014.pdf

On Wednesday, GameStop Corp.'s stock declined 3.67%, to close the day at $36.46. The stock recorded a trading volume of 2.17 million shares, below its three months average volume of 3.40 million shares. The stock oscillated between $36.38 and $37.69 during the session. Over the last three trading sessions and over the past one month, GameStop Corp.'s shares have fallen by 0.27% and 11.44%, respectively. Further the stock has lost 25.98% since the start of this year. The stock is trading below its 50-day and 200-day moving averages of $39.64 and $45.38, respectively. Additionally, GameStop Corp.'s stock traded at a PE ratio of 12.03 and has an RSI of 44.54. Sign up today to read free research on GME at:

http://www.investor-edge.com/2586-GME-15May2014.pdf

On Wednesday, Conn's Inc.'s stock recorded a trading volume of 0.55 million shares, much below its three months average volume of 1.94 million shares. The stock ended the day at $40.76, which was 2.46% below its previous day's closing of $41.79, and registered an intraday range of $40.56 and $41.90. Shares of the company traded at a PE ratio of 15.82. Although Conn's Inc.'s stock has advanced 2.64% in the last one month, it has lost 1.04% in the previous three trading sessions and 48.20% on YTD basis. The company's shares are trading above their 50-day moving average. Moreover, Conn's Inc.'s 200-day moving average of $55.88 is greater than its 50-day moving average of $39.27. The company's shares have an RSI of 48.10. Sign up today to read free research on CONN at:

http://www.investor-edge.com/2586-CONN-15May2014.pdf


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EDITOR'S NOTES:
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