StockCall Pre-Market Review on CBS Corp., Grupo Televisa, SIRIUS, and Pandora Media
LONDON, April 3, 2013 /PRNewswire/ --
Markets broke their bearish streak and showed good gains in Tuesday's trading session. Various factors including healthcare insurance and strong factory order numbers helped the markets to rise across the board. The Dow Jones ended its latest session at 14,662.01, up 0.61 percent while NASDAQ was up 0.48 percent to close at 3,254.86. Similarly, S&P also ended on a positive note at 1,570.25, up 0.52 percent. Our research team took a look at Services sector, focusing on the broadcasting industry which includes major companies like CBS Corporation (NYSE: CBS), Grupo Televisa SAB (NYSE: TV), Sirius XM Radio Inc. (NASDAQ: SIRI) and Pandora Media Inc. (NYSE: P). StockCall analysts initiated preliminary technical research on CBS, TV, SIRI, and P. These free reports are accessible by signing today at
http://www.stockcall.com/register
CBS Corporation is currently in a neutral mode as the stock ended its Tuesday's trading session at $45.51, down 0.50 percent. The stock traded in the range of $45.38 and $45.99 during yesterday's session. Its first support level is at $45.03 and upon breaching this level the stock may go down to $42.36 level. On the upside, CBS' stock may touch $46.95 level. The stock has traded in the range of $29.81 and $47.42 in the past 52 weeks and it appreciated by 34.21 percent during the same time period. On a Year-to-Date basis, the stock is up 23.5 percent. The free technical analysis on CBS is available by signing up at
http://www.StockCall.com/CBS040313.pdf
Grupo Televisa SAB's shares were up for its latest trading session, ending the day 3.28 percent higher at $27.36. The stock fell to an intra-day low of $26.49, while its intra-day high stood at $27.58 on Tuesday. With the upward movement, the TV broadcaster has gained more than 4 percent this year, compared to a gain of 11.97 percent for the S&P 500. Shares of TV have strong support at around $27.01, as the stock shows a neutral trend. The stock is trading above its 20-day moving average but below its 50-day moving average price of $27.39, confirming a neutral trend. Grupo Televisa commands market capitalization of $15.62 billion. Register now to download the free research on TV at
http://www.StockCall.com/TV040313.pdf
Sirius XM Radio Inc. traded in the range of $3.07 and $3.09 in yesterday's trading session and ended the day at $3.08, down 0.16 percent. The stock's 52 weeks range stands at $1.78 and $3.25. Sirius XM has gained 33.33 percent of its value in the past 12 months, while it appreciated 6.57 percent so far this year. The company is in a neutral mode and may find its first support level at $3.06. Upon breaching this level, the stock may touch $2.99 price level. It is trading above its 20-day moving average of $3.07 but is in-line with its 50-day moving average price of $3.08, further confirming its neutral trend. Free report on SIRI can be accessed by registering at
http://www.StockCall.com/SIRI040313.pdf
Shares of Pandora Media Inc. ended its previous session marginally lower at $13.64, 0.22 percent. The stock gained more than 51 percent so far this year, outperforming the broad market. The stock has slipped from $13.96 resistance level. It has support at around $13.33 at the moment. Despite its downward movement, Pandora Media Inc. is still trading above its 20-day and 50-day moving average price of $13.41 and $12.43 respectively. Register with StockCall and download the research on P for free at
http://www.StockCall.com/P040313.pdf
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