Wall Street Fundamentals Releases New In-Depth Stock Reports on DFS, ETFC, FFIV and RJF


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Companies Mentioned

NYSE:DFS / NASDAQ:ETFC / NASDAQ:FFIV / NYSE:RJF
01/24/2014 [ACCESSWIRE]

A combination of disappointing earnings and a contraction in China’s manufacturing sector sent U.S. market sliding Thursday. The Dow Jones Industrial Average was down over 200 points before settling to close at 16,197.35, down 175.99 points or 1.07 percent for the day. The HSBC flash Purchasing Managers Index declined to 49.6 in January, down from 50.5 in December and the lowest reading since July. "This is the first time in many weeks that we've seen this kind of across-the-board volatility," said Adam Grimes, chief investment officer at Waverly Advisors. "There is a clear theme here, that the market doesn't like risk today." Here is how some companies in the S&P 500 Index reacted Thursday:

Discover Financial Services (NYSE: DFS) shares traded in the range of $51.78 to $53.42 Thursday before settling to close at $52.40, a decrease of 2.35 percent. The stock appears to be facing some resistance at the $52.71 and $53.41 levels with some support at $51.50. Shares of Discover Financial Services have gained approximately 35.0 percent in the past year.

More information on Discover Financial Services and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/DFS

E TRADE Financial Corporation (NASDAQ: ETFC) shares traded in the range of $20.54 to $21.47 Thursday before settling to close at $21.04, a decrease of 2.19 percent. The stock appears to be facing some resistance at the $21.25 and $21.76 levels with some support at $20.86. Shares of E TRADE Financial have gained over 100.0 percent in the past year.

More information on E TRADE Financial and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ETFC

F5 Networks, Inc. (NASDAQ: FFIV) shares traded in the range of $102.39 to $109.00 Thursday before settling to close at $102.49, an increase of 5.14 percent. The stock appears to have some support at $102.39, $98.78 and $97.68. Shares of F5 Networks have gained approximately 5.0 percent in the past year.

More information on F5 Networks and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/FFIV

Raymond James Financial, Inc. (NYSE: RJF) shares traded in the range of $52.83 to $56.31 Thursday before settling to close at $53.24, a decrease of 1.19 percent. The stock appears to be facing some resistance at the $53.37 and $54.71 levels with some support at $51.55. Shares of Raymond James Financial have gained approximately 25.0 percent in the past year.

More information on Raymond James Financial and access to the free equity report can be found at:      
www.WallStreetFundamentals.com/RJF

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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