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StockCall Scrutinizes ZION, BPO, OCN, ARCP, and BGCP

Friday, 26 April 2013 07:55 AM

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StockCall.com Provides Stock Research on Zions Bancorp., Brookfield Properties, Ocwen Financial, American Realty Capital Properties, and BGC Partners

 

New York City, New York -- (April 26, 2013)

Stocks rose on Thursday as investors cheered better-than-expected initial jobless claims data and some strong corporate earnings reports. All three benchmark indexes posted gains yesterday, with the NASDAQ gaining for a fifth consecutive trading session. Stocks have recovered this week after falling sharply last week. On Thursday, the financial sector was among the major gainers in the S&P 500, closing nearly 0.60% higher. Among the major movers in the sector were Zions Bancorporation (NASDAQ: ZION), Brookfield Office Properties Inc. (NYSE: BPO), Ocwen Financial Corp. (NYSE: OCN), American Realty Capital Properties Inc. (NASDAQ: ARCP), and BGC Partners Inc. (NASDAQ: BGCP). StockCall reviewed the financial sector and chose ZION, BPO, OCN, ARCP, and BGCP for its technical coverage. These free reports can be seen for free at

www.stockcall.com/signup

Shares of Zions Bancorporation fluctuated between gains and losses on Thursday before finishing the day flat at $24.53 on volume of 1.79 million. Zions’ shares touched an intra-day high of $24.89 yesterday. The stock has gained nearly 4% in the last three sessions which suggests that market sentiment is currently bullish on the stock. The upbeat trend is further confirmed by the stock’s MACD chart. Year-to-date, shares of ZION have gained nearly 14.70%, outperforming the broad market. Download the free research on ZION by signing up now at

www.StockCall.com/ZION042613.pdf

Shares of Brookfield Office Properties Trust Inc. rose sharply in yesterday’s trading session. The stock ended the day 2.98% higher at $17.95 on above average volume of 3.88 million after trading between $17.46 and $17.97. Shares of BPO are currently trading above their 50-day and 200-day moving averages, which is a bullish signal. The stock broke through $17.75 resistance level on Thursday, which is another upbeat signal. Register for today’s free analysis on BPO at

www.StockCall.com/BPO042613.pdf

Shares of Ocwen Financial Corp. edged higher on Thursday, tracking gains in the broad market. The stock rose to an intra-day high of $37.75 before finishing the day 1.11% higher at $37.22 on volume of 1.42 million. Ocwen’s shares have seen a series of highs this week, which is a bullish signal. The positive trend is further confirmed by recent volume activity, and the stock’s MACD chart. The company’s shares currently face resistance at around $38. Free report on OCN can be accessed by registering at

www.StockCall.com/OCN042613.pdf

American Realty Capital Properties Inc.’s shares slipped in trading yesterday. The stock ended the day 0.67% lower at $16.37 on volume of 1.66 million. Despite the pullback on Thursday, American Realty Capital Properties’ shares are trading close to their 52-week high of $16.66. The stock has outperformed the S&P 500 so far in 2013, gaining more than 26.40%. The company’s shares have seen a series of highs over the last one month, which is a bullish signal.Register withStockCall and download the research on ARCP for free at

www.StockCall.com/ARCP042613.pdf

Shares of BGC Partners Inc. edged lower on Thursday even as the broad market posted gains. The stock closed 1.04% lower at $5.70 on volume of 1.01 million after trading between $5.68 and $5.79. Despite the pullback, BGC Partners’ shares have gained 1.60% in the last three trading sessions. Year-to-date, the stock has gained more than 69.60%, easily outperforming the broad market. Despite the significant gains posted thus far in 2013, shares of BGCP are still trading more than 9% below their 52-week high. Read the full free research on BGCP by signing up to StockCall at

www.StockCall.com/BGCP042613.pdf

 

 

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William T. Knight

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