StockCall.com Provides Stock Research on Delta Air Lines Inc., Dollar General Corp., JetBlue Airways Corp., Norfolk Southern Corp., and Sinclair Broadcast Group Inc.
New York City, New York -- (May 10, 2013)
Equity markets saw a pullback on Thursday as investors took a pause after the recent rally that saw the Dow Jones and the S&P 500 climb to record high levels. Stocks struggled on Thursday even as market participants digested better-than-expected data from the labor market. A report from the Labor Department showed that initial jobless claims fell to yet another five-year low last week. The services sector was among the losers in the S&P 500 yesterday. Among the major movers in the sector were Delta Air Lines Inc. (NYSE: DAL), Dollar General Corp. (NYSE: DG), JetBlue Airways Corporation (NASDAQ: JBLU), Norfolk Southern Corp. (NYSE: NSC), and Sinclair Broadcast Group Inc. (NASDAQ: SBGI). StockCall has taken an interest in these companies and you can now sign up to download the free technical research on DAL, DG, JBLU, NSC, and SBGI at
Delta Air Lines Inc.’s shares saw a sharp pullback on Thursday after hitting a 52-week high of $18.88. The stock closed 5.14% lower at $17.70 on above average volume of 23 million. Despite the sharp decline yesterday, Delta Air Lines’ shares are still up more than 49% so far in 2013. The stock is trading well above its 50-day and 200-day moving averages. The company’s shares currently have support at around $17. Sign up today to read the free research report on DAL at
Shares of Dollar General Corp.’s shares edged lower yesterday. The stock traded between $52.51 and $53.55 before finishing the day 1.39% lower at $52.68 on volume of 1.88 million. Dollar General’s shares have gained nearly 19.50% so far in 2013 as compared to a gain of over 14% for the S&P 500. The stock is currently trading 6% below its 52-week high. Register to download the free technical analysis on DG at
Shares of JetBlue Airways Corporation edged lower in Thursday’s trading session, extending their losses from previous trading sessions. The stock closed 1.04% lower at $6.65 on volume of 2.64 million, taking its losses in the last three sessions to 3.9%. JetBlue’s shares have slipped below their 50-day moving average as a result of the recent drop. This is a bearish signal. The negative trend is further confirmed by the stock’s MACD chart. Free report on JBLU can be accessed by registering at
Shares of Norfolk Southern Corp. rose to a 52-week high of $79.34 on Thursday. However, the stock failed to hold on to its gains, and finished the day 0.64% lower at $78.59 on volume of 1.48 million. Despite the pullback, the stock has gained nearly 1% in the last three trading sessions. Year-to-date, the stock is up more than 28.80%, easily outperforming the S&P 500. The company’s shares are trading above their 50-day and 200-day moving averages.Register withStockCall and download the research on NSC for free at
Shares of Sinclair Broadcast Group Inc. were among the major gainers in the services sector yesterday. The stock rose to an intraday high of $28.33 before finishing the day 3.84% higher at $28.15 on above average volume of 3.36 million. Sinclair Broadcast’s shares are currently trading close to their 52-week high of $28.53. The stock has gained more than 125.30% so far in 2013. The stock broke through $28 resistance level on Thursday which is a bullish signal. Read the full free research on SBGI by signing up to StockCall at
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William T. Knight
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