LONDON, May 30, 2014 /PRNewswire/ --
The US markets on Thursday, May 29, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,698.74, up 0.39% and the NASDAQ Composite closed at 4,247.95, up 0.54%. The S&P 500 finished the session 0.54% higher at 1,920.03. During the trading session, nine out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 694.26, up 0.72%, with the index gaining 8.76% in the previous three months. Investor-Edge has initiated coverage on the following equities: Phillips 66 (NYSE: PSX), Tesoro Corp. (NYSE: TSO), Delek US Holdings Inc. (NYSE: DK) and PBF Energy Inc. (NYSE: PBF). Free technical research on PSX, TSO, DK and PBF can be downloaded upon signing up at:
Phillips 66's stock finished the Thursday's session 1.60% higher at $84.32. A total of 2.40 million shares were traded, which was below its three months average volume of 3.26 million shares. The stock vacillated between $82.82 and $84.41 during the session. Over the last one month and over the previous three months, Phillips 66's shares have advanced 0.68% and 12.64%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 9.32%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $80.84 is greater than its 200-day moving average of $70.96. Phillips 66's stock traded at a PE ratio of 17.02 and has a Relative Strength Index (RSI) of 54.37. Sign up today to read free research on PSX at:
On Thursday, shares in Tesoro Corp. fluctuated between $55.40 and $56.84 before ending the session 2.53% higher at $56.82. The stock reported a trading volume of 1.76 million shares, below its three months average volume of 2.73 million shares. Shares of the company traded at a PE ratio of 20.15. Tesoro Corp.'s shares have advanced 4.74% in the previous three trading sessions, and 2.01% in the last one month, while the stock has fallen by 2.87% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $52.71 and $51.33, respectively. Moreover, shares of Tesoro Corp. have an RSI of 59.51. Sign up today to read free research on TSO at:
On Thursday, shares in Delek US Holdings Inc. gained 1.06%, to close the day at $30.52. The stock recorded a trading volume of 0.56 million shares, below its three months average volume of 1.07 million shares. The stock oscillated between $29.97 and $30.73 during the session. Over the last three trading sessions and over the past three months, Delek US Holdings Inc.'s shares have gained 2.97% and 10.32%, respectively. However, the stock has lost 10.74% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Delek US Holdings Inc.'s 50-day moving average of $30.46 is above its 200-day moving average of $28.18. Additionally, the stock traded at a PE ratio of 24.87 and has an RSI of 46.12. Sign up today to read free research on DK at:
On Thursday, shares in PBF Energy Inc. recorded a trading volume of 1.34 million shares, lower than its three months average volume of 1.42 million shares. The stock ended the day at $32.01, which was 3.86% above its previous day's closing of $30.82, and registered an intraday range of $30.84 and $32.07. Shares of the company traded at a PE ratio of 14.06. PBF Energy Inc.'s stock has gained 8.80% in the previous three trading sessions, 9.89% in the last one month, and 1.75% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $28.41 and $26.54, respectively. Furthermore, shares of PBF Energy Inc. have an RSI of 60.44. Sign up today to read free research on PBF at:
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.