Today's Research: Freeport-McMoRan Copper & Gold Inc., Southern Copper Corp., Walter Energy Inc., and Rio Tinto PLC

LONDON, October 30, 2013 /PRNewswire/ --

The U.S. equity market edged higher on Tuesday, October 29, 2013. The S&P 500 ended the day at 1,771.95, up 0.56%; the Dow Jones Industrial Average closed at 15,680.35, up 0.72%; and the NASDAQ Composite finished at 3,952.34, up 0.31%. Shares in the basic materials-copper and coal sector mostly ended on a lower note, even as the broader market posted gains. The major movers in the industry included Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX), Southern Copper Corporation (NYSE: SCCO), Walter Energy Inc. (NYSE: WLT), and Rio Tinto PLC (NYSE: RIO). AAAResearchReports.com has completed their technical analysis on FCX, SCCO, WLT, and RIO and these free reports are accessible by registering at:

http://www.aaaresearchreports.com/register/  

Shares in Freeport-McMoRan Copper & Gold Inc. ended the day 1.10% higher at $37.68, after oscillating between $37.46 and $37.88. A total of 10.76 million shares were traded, which is below the daily average volume of 12.97 million. The company's stock has surged 12.75% in the last one month and 31.93% in the previous three months, outperforming the S&P 500, which has gained 4.74% and 5.14% during the respective periods. Further, Freeport-McMoRan Copper & Gold Inc.'s shares are trading above their 50-day and 200-day moving averages of $33.16 and $31.25, respectively. Sign up for free technical research on FCX at:

http://www.AAAResearchReports.com/FCX103013.pdf

Southern Copper Corp.'s shares fluctuated between $28.58 and $29.30, before ending the Tuesday's session 0.90% lower at $28.73. A total of 1.81 million shares were traded, which is above the daily average volume of 1.77 million. Despite Tuesday' s pullback, the company's shares have gained 3.20% in the last one month and 3.42% in the previous three months, compared to a gain of 4.74% and 5.14% in the S&P 500 during the respective periods. Furthermore, Southern Copper Corp.'s stock is trading above its 50-day moving average of $28.09. Be sure to read our latest technical research on SCCO by registering at:

http://www.AAAResearchReports.com/SCCO103013.pdf

Shares in Walter Energy Inc. fell by 2.41% on Tuesday, even as the broader market posted gains. The company's shares closed the day at $15.37, after trading between $15.13 and $15.99. A total of 6.04 million shares were traded, which is below the daily average volume of 7.70 million. Despite Tuesday's decline, Walter Energy Inc.'s stock has surged 8.32% in the last one month and 38.59% in the previous three months, outperforming the S&P 500, which has gained 4.74% and 5.14% during the respective periods. Additionally, the company's shares are trading above their 50-day moving average of $14.25. Sign up and read the complimentary report on WLT at:

http://www.AAAResearchReports.com/WLT103013.pdf

Rio Tinto PLC's stock ended the day 0.54% lower at $51.52, after oscillating between $51.20 and $51.76. A total of 1.39 million shares were traded, which is below the daily average volume of 2.67 million. Despite Tuesday's losses, the company's stock has gained 4.12% in the last one month and 13.71% in the previous three months, compared to a gain of 4.74% and 5.14% in the S&P 500 during the respective periods. Furthermore, Rio Tinto PLC's stock is trading above its 50-day and 200-day moving averages of $49.31 and $48.13, respectively. The free report on RIO can be downloaded by signing up now at:

http://www.AAAResearchReports.com/RIO103013.pdf

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SOURCE AAA Research Reports

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