Market Technical on Consumer Discretionary Sector: Comcast, Michael Kors Holdings, Grupo Televisa, and Burger King Worldwide
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LONDON, January 9, 2014 /PRNewswire/ --
On Wednesday, January 08, 2014, the U.S. equity market mostly finished on a lower note. The S&P 500 ended the day at 1,837.49, down 0.02%; the Dow Jones Industrial Average closed at 16,462.74, down 0.41%; and the NASDAQ Composite Index finished at 4,165.61, up 0.30%. The S&P 500 Consumer Discretionary Sector Index closed the session at 525.03, down 0.17%; and the same has gained 1.90% in the previous one month and 11.97% in the last three months, outperforming the S&P 500, which has gained 1.79% and 11.00% during the respective periods. The major movers in the Consumer Discretionary Sector included Comcast Corp. (NASDAQ: CMCSA), Michael Kors Holdings Ltd (NYSE: KORS), Grupo Televisa S.A.B. (NYSE: TV), and Burger King Worldwide Inc. (NYSE: BKW). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.aaaresearchreports.com/register/
Comcast Corp.'s stock hit a new 52-week high of $53.45 on Wednesday, before declining 0.15% to end the day at $52.75. The company's shares oscillated between $52.52 and $53.45 during the trading session. A total of 14.86 million shares were traded, which is above the daily average volume of 9.82 million. The company's shares have gained 18.23% in the previous three months and 7.06% in the last one month, outperforming the S&P 500, which has gained 11.00% and 1.79% during the respective periods. Furthermore, Comcast Corp.'s stock is trading above its 50-day and 200-day moving averages of $49.16 and $44.43, respectively. Sign up for free report on CMCSA at:
http://www.AAAResearchReports.com/CMCSA010914.pdf
Shares in Michael Kors Holdings Ltd closed the day at $77.91, down 1.30%, after fluctuating between $76.25 and $78.73 during Wednesday's trading session. A total of 7.09 million shares were traded, which is above the daily average volume of 4.38 million. The company's shares have gained 9.86% in the previous three months, underperforming the S&P 500, which has gained 11.00% during the same period. However, Michael Kors Holdings Ltd's stock is trading above its 200-day moving average of $69.04. KORS free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/KORS010914.pdf
Grupo Televisa S.A.B.'s stock declined 0.36% on Wednesday, finishing the day at $30.26, after oscillating between $30.14 and $30.65 during the trading session. A total of 1.98 million shares were traded, which is above the daily average volume of 1.62 million. Despite Wednesday's decline, the company's shares have advanced 1.24% in the previous three trading sessions and 5.95% in the last one month, compared to a gain of 0.33% and 1.79% in the S&P 500 during the respective periods. Further, Grupo Televisa S.A.B.'s stock is trading above its 50-day and 200-day moving averages of $29.73 and $27.30, respectively. A free report on TV can be accessed by registering at:
http://www.AAAResearchReports.com/TV010914.pdf
Burger King Worldwide Inc.'s stock posted gains on Wednesday, ending the day 1.35% higher from the previous day's closing price of $22.22. The company's shares vacillated between $22.03 and $22.64, before closing the day at $22.52. A total of 0.72 million shares were traded, which is below the daily average volume of 0.84 million. Burger King Worldwide Inc.'s shares have gained 5.98% in the previous one month and 17.78% in the last three months, outperforming the S&P 500, which has gained 1.79% and 11.00% during the respective periods. Moreover, the company's stock is trading near its 52-week high of $23.06 and also above its 50-day and 200-day moving averages of $21.23 and $19.83, respectively. Register with AAA Research Reports and download research on BKW for free at:
http://www.AAAResearchReports.com/BKW010914.pdf
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