Technical Dossier: SLM Corp., Discover Financial Services, CapitalSource, and
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LONDON, December 19, 2013
LONDON, December 19, 2013 /PRNewswire/ --
On Wednesday, December 18, 2013, the U.S. equity market surged. The S&P 500
ended the day at 1,810.65, up 1.66%; the Dow Jones Industrial Average closed
at 16,167.97, up 1.84%; and the NASDAQ Composite Index finished at 4,070.06,
up 1.15%. The S&P 500 Financials Sector Index closed the session at 290.54, up
2.35%; and the S&P 500 Consumer Finance Sub Industry Index closed 2.18% higher
at 786.13. The S&P 500 Consumer Finance Sub Industry Index has gained 7.57% in
the previous three months and 4.51% in the last one month, outperforming the
S&P 500, which has gained 4.93% and 1.07% during the respective periods.
Additionally, the S&P 500 Commercial Banks Industry Index rose 2.40% to close
at 293.99. The major movers in the industry included SLM Corp.(NASDAQ: SLM),
Discover Financial Services(NYSE: DFS),CapitalSource Inc.(NYSE: CSE), and
CIT Group Inc. (NYSE: CIT). All these companies are tracked by
AAAResearchReports.com. Free technical research on SLM, DFS, CSE, and CIT can
be downloaded upon signing up at:
SLM Corp.'s stock rose 1.64% on Wednesday, tracking gains in the US equity
market. The company's shares finished the day at $26.00, after oscillating
between $25.38 and $26.04 during the trading session. A total of 3.47 million
shares were traded, which is above the daily average volume of 2.79 million.
The company's shares have advanced 2.81% in the previous three months,
underperforming the S&P 500, which has gained 4.93% during the same period.
However, SLM Corp.'s stock is trading above its 50-day and 200-day moving
averages of $25.76 and $23.56, respectively. Sign up and read the
complimentary report on SLM at:
Shares in Discover Financial Services gained 2.06% on Wednesday, hitting a new
52-week high of $54.53. The company's shares closed the day at $54.45, after
vacillating between $52.61 and $54.53 during the trading session. A total of
3.58 million shares were traded, which is above the daily average volume of
3.08 million. The company's shares have gained 2.70% in the previous three
trading sessions and 4.85% in the last one month, outperforming the S&P 500,
which has gained 1.99% and 1.07% during the respective periods. Moreover,
shares in Discover Financial Services are trading above their 50-day and
200-day moving averages of $52.22 and $48.71, respectively. The free report on
DFS can be downloaded by signing up now at:
CapitalSource Inc.'s stock ended the day 0.28% higher at $14.37, after
fluctuating between $14.19 and $14.41 during Wednesday's trading session. A
total of 1.89 million shares were traded, which is above the daily average
volume of 1.48 million. The company's shares have gained 23.03% in the
previous three months and 7.24% in the last one month, outperforming the S&P
500, which has gained 4.93% and 1.07% during the respective periods. Further,
CapitalSource Inc.'s stock is trading near its 52-week high of $14.64 and also
above its 50-day and 200-day moving averages of $13.40 and $11.06,
respectively. A free report on CSE can be accessed by registering at:
On Wednesday, CIT Group Inc.'s stock closed the day at $50.78, up 1.24% from
the previous day's closing price of $50.16. The company's shares fluctuated
between $49.96 and $50.91 during the trading session. A total of 1.06 million
shares were traded, which is below the daily average volume of 1.19 million.
The company's shares have advanced 3.23% in the previous three trading
sessions and 2.59% in the last one month, outperforming the S&P 500, which has
gained 1.99% and 1.07% during the respective periods. Furthermore, CIT Group
Inc.'s stock is trading near its 52-week high of $51.52 and also above its
50-day and 200-day moving averages of $49.42 and $47.18, respectively.
Register with AAA Research Reports and download research on CIT for free at:
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