Early Morning Insight: Nomura Holdings, New York Mortgage Trust, Capstead Mortgage, RLJ Lodging Trust, and Associated Banc-Corp
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LONDON, June 19, 2013 /PRNewswire/ --
The U.S. equity market rallied for a second successive trading session on Tuesday, June 18, 2013, even as market participants remained focused on the Federal Reserve's monetary policy meeting. The Fed began its two-day meeting yesterday. Investors are now focusing on the Fed's monetary policy statement which is scheduled to be released on Wednesday, June 19, 2013. The Fed's statement is expected to offer clues on when the central bank plans to start tapering its bond buying program. The S&P 500 rose nearly 0.80% on Tuesday and the financial sector emerged as one of the best performers for the session. The major movers in the sector included Nomura Holdings Inc. (ADR) (NYSE: NMR), New York Mortgage Trust Inc. (NASDAQ: NYMT), Capstead Mortgage Corporation (NYSE: CMO), RLJ Lodging Trust (NYSE: RLJ), and Associated Banc Corp. (NASDAQ: ASBC). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on NMR, NYMT, CMO, RLJ, and ASBC now at
http://www.aaaresearchreports.com/register/
Shares in Nomura Holdings Inc. rose sharply on Tuesday, tracking gains in the broader market. The company's shares ended the day 3.51% higher at $7.97 after trading between $7.94 and $8.06. A total of 1.46 million shares were exchanged which is below the daily average volume of 2.69 million. Nomura's shares have gained nearly 39% so far in 2013, hence outperforming the S&P 500. The stock is currently trading 17.32% below its 52-week high. The company's shares are also trading slightly below their 50-day moving average of $8.06. Download free research on NMR today by registering at:
http://www.AAAResearchReports.com/NMR061913.pdf
New York Mortgage Trust Inc.'s stock moved higher yesterday, extending its gains from previous trading sessions. The company's shares ended the day 0.57% higher at $7.05 after hitting an intraday high of $7.08. It also saw a total trading volume of 1.15 million shares which is below the daily average volume of 1.59 million. The company's shares have grown by nearly 1.20% in the last three sessions. Thus far this year, the stock has climbed close to 15%. However, despite the gains, the stock is still trading 8.32% below its 52-week high. Sign up and have access to our free report on NYMT at:
http://www.AAAResearchReports.com/NYMT061913.pdf
Shares in Capstead Mortgage Corporation rose sharply on Tuesday, closing 1.53% higher at $12.63 after trading between $12.34 and $12.73. A total of 747,599 shares were traded which is below the daily average volume of 944,095. The company's shares have gained nearly 11% since the beginning of 2013, yet it is still underperforming the S&P 500. Additionally, the stock is currently trading 13.43% below its 52-week high. Shares of this company are also trading below their 50-day moving average of $12.71. Sign up and read the complimentary report on CMO at:
http://www.AAAResearchReports.com/CMO061913.pdf
RLJ Lodging Trust's stock ended higher yesterday, closing at $23.70, up 0.81% from its previous closing price. The company's shares traded between $23.30 and $23.85. A total of 793,119 shares exchanged hands for the day, which is slightly above the daily average volume of 741,571. Shares of this Hotel/Motel REIT have grown by 23.50% so far this year, thus outperforming the S&P 500. Moreover, the stock is currently trading above its 50-day and 200-day moving averages. The free report on RLJ can be downloaded by signing up now at:
http://www.AAAResearchReports.com/RLJ061913.pdf
Shares in Associated Banc Corp. ended slightly higher on Tuesday. The company's shares traded between $15.13 and $15.37 before finishing the day at $15.29, or up 0.46% on a total volume of 581,398 shares traded which is well below the daily average volume of 961,231. Shares of this Midwest regional bank have gained 17.34% thus far in 2013, hence outperforming the S&P 500. Free report on ASBC can be accessed by registering at
http://www.AAAResearchReports.com/ASBC061913.pdf
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SOURCE AAA Research Reports
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