Shares of SXL Now Oversold

In trading on Wednesday, shares of Sunoco Logistics Partners LP (NYSE: SXL) entered into oversold territory, changing hands as low as $24.52 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero [...]
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General Motors has announced that it plans to stop selling Chevrolet brand cars in India at the end of 2017. The company currently runs two production facilities in the country.
NetApp is scheduled to report its fiscal Q4 earnings on Wednesday, May 24. Through the course of last year, NetApp has witnessed a decline in net revenues driven by low product sales.
Hewlett-Packard Incorporated is set to announce its fiscal Q2 results on May 24. While we expect the company to report an improvement in PC revenues due to the tepid growth in PC shipments, printer ha
Given the strength in Western Digital’s recent quarterly results, higher-than-anticipated cost synergies and a robust outlook for future quarters, we’ve revised our price estimate for Western Digital’
Reports suggest that Dish is looking to use this spectrum for a wireless service, in collaboration with Amazon and T-Mobile USA. In the deal, Dish would bring the spectrum, T-Mobile would contribute t
The small cardamom continued to show an easier trend on bearish sentiments at auctions held in Kerala and Tamil Nadu. Arrivals were at moderately higher levels while the demand has weakened. Bu...
If your portfolio is too laden with general obligation bonds from states and cities that will one day have to actually deal with their problems—get out.
Sugar market ruled weak on Monday on higher selling pressure amid need base local retail and bulk demand. On Saturday about 17 mills sold 44,000-45,000 bags at ?3,730-3,770for S-grade and ?3,770-3,8.
Earlier this year, SunPower signed an agreement to restructure an existing joint venture with two Chinese companies, enabling it to scale up manufacturing capacity for its P-series modules to as much
Pepper prices have fallen sharply over the last year, by ?19,900 a quintal, following availability of cheap imports, which are being sold in the upcountry markets at ?500 a kg, market sources told B.
About 29 per cent of 18.88 lakh kg offered for Sale No: 20 of Coonoor Tea Trade Association remained unsold despite average price falling to ?87.76 a kg from previous week’s ?88.30 due to reduced dem
Sentiments in edible oils market remained firm on Monday tracking firm futures amid renew physical demand. Malaysian palm oil and Chicago soya oil showed firm tend lifting domestic soya oil futures..
Federal Bank, in association with Geojit, has launched a new trading platform called “Selfie” for customers. Designed and managed by Geojit, the trading platform will give its users absolute contro..
Given below are supports and resistances for Nifty 50 futures and seven key stocks that can help in your intra-day trading: 9443 • Nifty 50 Futures S1 S2 R1 R2 COMMENT ...
Investors with a short-term perspective can consider buying the stock of Elecon Engineering Company at current levels. The stock surged 4.6 per cent with above average volume on Monday, breaching a .
Antique BrokingMuthoot Fin (Buy)CMP: ?386Target: ?538Muthoot Finance’s gold loan business reported the highest ever quarterly profit of ?320 crore on the back of stable loan book, borrowing cost bene
JB Chemicals and Pharmaceuticals’ board will consider the audited financial statement for the year ended March 31, 2017 and also recommendation of dividend for FY17. Besides, the board will consider
Shares of SKF India and Oil India will remain in focus, as the buyback offers to their shareholders open for subscription on Tuesday. Oil India plans to mop up 4.49 crore shares at ?340 a share wh...
The board of directors of GPT Infraprojects will meet on Tuesday to consider the audited financial results for the quarter and year ended March 31, 2017 and declaration of final dividend for financia
Nokia Corp will pay its annual dividend of $0.1816 on 6/14/17, NetEase, Inc will pay its quarterly dividend of $1.08 on 6/2/17, and FLIR Systems, Inc. will pay its quarterly dividend of $0.15 on 6/9/1
Although the benchmark Sensex and Nifty indices have rallied 15 per cent since the beginning of 2017, there could be more room for further upside, going by analysts' projections. In the last one month
The Union finance ministry has invited suggestions on whether digital currencies like Bitcoin should be banned or allowed but regulated, and if so, if self-regulation is desirable. It wants feedback b
Hyderabad, 22 May: Government of India has decided to allow global companies to directly participate in the tobacco auctions. The move is expected to increase the competition at the auction platforms
The rupee opened 15 paise higher at 64.49 per dollar on selling of the US dollar by banks and exporters. The rupee traded between 64.63 and 64.43 in intra-day deals. The domestic currency ended...
Selling pressure witnessed on the Street after a gap up opening as bears continued to fight it out with the bulls on Monday. FMCG stocks led the pack of gainers, while PSU banks and midcaps bled.
SKIL Infrastructure and 34 other entities have settled a case related to alleged violation of capital market norms with regulator SEBI after payment of Rs 1.38 crore. “The pending adjudication pro...
Gold prices fell by Rs 46 or 0.16 per cent to Rs 28,589 per 10 grams in futures trade today as participants trimmed their positions after a weak trend overseas. At the Multi-Commodity Exchange, go...
The benchmark BSE Sensex rallied over 227 points in early trade today on buying in FMCG, banking and IT stocks by investors enthused by global rally in stock markets. The BSE 30—share index surged...
Shares of Suzlon Energy surged to a 16-month high on strong quarterly results. At about 10 am, Suzlon shares were up 2.19 per cent at Rs 21 after rising as much as 8 per cent to Rs 22.25, its high...
The rupee strengthened by 15 paise to 64.49 per dollar in early trade on selling of the US dollar by banks and exporters. Stock markets opened on a firm note which supported the rupee in early tra...
The Nikkei 225 was 0.34 percent higher. Australia#39;s ASX 200 added 0.66 percent, driven largely by its energy and materials sub-indexes which were up 1.85 percent and 1.43 percent respectively.
Traditional equity market valuation indicators suggest a correction in required revert to fair value. However, the correction does not mean prices need to fall.
The combined market valuation of six of the top-10 most-valued firms surged Rs 61,386.30 crore last week, with TCS being the top gainer. While TCS, HDFC Bank, ITC, SBI, HUL and IOC witnessed a rise..
Overseas investors have pumped in more than $2 billion so far in the country’s capital market this month, helped by the stable outlook for the rupee. Interestingly, most of the funds have been inve..

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