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Pre-Market Analysis on ADM, DF, LF, and LULU

Monday, 06 May 2013 07:55 AM

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StockCall.com Provides Stock Research on Archer Daniels Midland Co., Dean Foods Co., LeapFrog Enterprises Inc., and Lululemon Athletica Inc.

 

New York City, New York -- (May 06, 2013)

Equity markets rallied on Friday, with the Dow Jones and S&P 500 touching record high levels in intraday trading. For the first time ever, the Dow Jones crossed above the 15,000 level, and the S&P crossed above the 1,600 level. The rally at the end of last week was sparked by better-than-expected data from the labor market. The consumer goods sector was among the major gainers in the S&P 500 at the close of Friday’s session. Among the major movers in the sector included Archer Daniels Midland Company (NYSE: ADM), Dean Foods Co. (NYSE: DF), LeapFrog Enterprises Inc. (NYSE: LF), and Lululemon Athletica Inc. (NASDAQ: LULU). StockCall has posted free technicalresearch on ADM, DF, LF, and LULU which can be downloaded upon sign up at

www.stockcall.com/signup

Shares of Archer Daniels Midland Company rose sharply in Friday’s trading session. The stock closed 1.79% higher at $34.20 on volume of 4 million after touching an intra-day high of $34.24. The company’s shares are currently trading close to their 52-week high of $34.28. Year-to-date, the stock has gained more than 25.60%, outperforming the S&P 500. Archer Daniels Midland’s shares broke through $34 resistance level last week which is a bullish signal. The stock is also trading above its 50-day and 200-day moving averages which further confirms the positive trend. Sign up and read the complimentary report on ADM at

www.StockCall.com/ADM050613.pdf

Shares of Dean Foods Co. edged higher on Friday, touching a 52-week high of $19.57. The stock closed 0.94% higher at $19.38 on above average volume of 2.82 million, taking their gains for last week to above 2.20%. The company’s shares have seen a series of highs over the past month which is an upbeat signal. The stock also broke through $19 resistance level recently. Year-to-date, the company’s shares have gained nearly 17.40% as compared to a gain of nearly 13.20% for the S&P 500. The free report on DF can be downloaded by signing up now at

www.StockCall.com/DF050613.pdf

Shares of LeapFrog Enterprises Inc. rallied in trading on Friday, reversing some of the losses from earlier in the week. The stock ended the day 3% higher at $8.58 on above average volume of 1.96 million. Despite the gains, LeapFrog’s shares have fallen more than 4% in the last three trading sessions. The stock’s MACD chart suggests that market sentiment is still bearish on the stock. Shares of LF currently face stiff resistance at around $8.75. Year-to-date, the stock has fallen nearly 0.60% even as the broad market has rallied. Free report on LF can be accessed by registering at

www.StockCall.com/LF050613.pdf

Shares of Lululemon Athletica Inc. struggled in Friday’s trading session even as the broad market rose to record high levels. The stock closed 0.68% lower at $76.36 on above average volume of 2.93 million. Lululemon Atheltica’s shares have had an excellent run over the past one month, gaining 16.30%. However, year-to-date, the stock has gained just 0.17%. Shares of LULU are currently trading more than 5.80% below their 52-week high. The stock is currently trading well above its 50-day and 200-day moving averages which is a bullish signal. Lululemon Athletica’s shares currently face resistance at around $78.Register withStockCall and download the research on LULU for free at

www.StockCall.com/LULU050613.pdf

 

 

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William T. Knight

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