Pre-Market Analysis on Goldman Sachs, NYSE Euronext, Nasdaq OMX, and IntercontinentalExchange
Apr 11, 2013, 08:00 ET
LONDON, April 11, 2013 /PRNewswire/ --
Equity markets rallied on Wednesday, with the Dow Jones touching record high levels. The rally in equity markets is being driven by an improved economic outlook and ultra-loose monetary policy from central banks in the developed world, which has boosted demand for risk assets. With equities at multi-year high levels, trading activities are expected to pick up. This should benefit companies such as Goldman Sachs Group Inc. (NYSE: GS), NYSE Euronext (NYSE: NYX), NASDAQ OMX Group Inc. (NASDAQ: NDAQ), and InterContinentalExchange Inc. (NYSE: ICE). Shares of all four companies rallied in Wednesday's trading session, tracking gains in the broad market. StockCall has posted free technical research on GS, NYX, NDAQ, and ICE which can be downloaded upon sign up at
http://www.stockcall.com/signup
Shares of Goldman Sachs Group Inc. rose sharply on Wednesday. The stock touched an intra-day high of $149.74 before finishing the day 2.01% higher at $149.46 on volume of 3.13 million. Goldman Sachs' shares have gained more than 4% in the last trading sessions. Year-to-date, the stock has gained more than 17.50%. Shares of GS have rebounded after seeing a series of lows last week. The stock is still trading below its 50-day moving average. However, the stock's MACD has crossed above the signal line, which indicates that market sentiment is bullish on the stock. Sign up and read the complimentary report on GS at
http://www.StockCall.com/GS041113.pdf
Shares of NYSE Euronext edged higher in trading yesterday. The stock ended the day 1.28% higher at $37.93 on volume of 1.04 million after touching an intra-day high of $37.99. Shares of NYX are currently hovering around their 52-week high of $38.75. The stock has had an excellent run so far in 2013, gaining more than 21%. The company's shares are currently trading above their 50-day and 200-day moving averages, which is a bullish signal. The free report on NYX can be downloaded by signing up now at
http://www.StockCall.com/NYX041113.pdf
Shares of NASDAQ OMX Group Inc. edged higher in Wednesday's trading session. The stock closed 0.87% higher at $29 on above average volume of 2.03 million. NASDAQ OMX's shares have seen a series of highs in the last few sessions, which suggests that market sentiment is bullish on the stock. The stock, however, is still trading below its 50-day moving average. The company's shares are also trading below their 52-week high of $32.89. Year-to-date, the stock has gained more than 16.50%, outperforming the broad market. Free report on NDAQ can be accessed by registering at
http://www.StockCall.com/NDAQ041113.pdf
Another major gainer in trading on Wednesday was InterContinentalExchange Inc. Shares of the exchange operator rose to an intra-day high of $158.23 before finishing the day 1.75% higher at $157.76 on volume of 414,650. Shares of ICE are currently trading nearly 3.70% below their 52-week high. The stock has outperformed the S&P 500 in 2013, gaining more than 27%. The company saw a series of highs at the start of this year, however, since February, the stock has traded sideways. The stock recently moved above its 50-day moving average. However, the stock's MACD is still below the signal line, which suggests that market sentiment is bearish on the stock. Register with StockCall and download the research on ICE for free at
http://www.StockCall.com/ICE041113.pdf
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
SOURCE StockCall.com