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Inter-day Comment for Wednesday March 3rd

Notable Stocks 3 Comments »

  Rowan Companies (NYSE: RDC) – $27.74 Rowan Companies has an improving technical profile. This morning, the stock broke resistance at $27.54. Current intermediate upside potential is to $35.75. Chart courtesy of StockCharts.com www.stockcharts.com Rowan Companies is the first major U.S. oil service stock to break resistance and reach a 17 month high. The Oil [...]

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Tech Talk for Wednesday March 3rd 2010

Daily Reports 18 Comments »

Pre-opening Comments for Wednesday March 3rd U.S. equity index futures are higher again this morning. S&P 500 futures are up 2 points in pre-opening trade. Index futures were helped slightly by weakness in the U.S. Dollar Index and strength in the Euro. Both were impacted by news that Greece plans to introduce an austerity program [...]

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