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Morning Technical Recap: Macy's, Boyd Gaming, The Cheesecake Factory, and Mercadolibre

  Morning Technical Recap: Macy's, Boyd Gaming, The Cheesecake Factory, and
                                 Mercadolibre

PR Newswire

LONDON, December 30, 2013

LONDON, December 30, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Friday, December 27, 2013, the U.S. equity market declined. The S&P 500
ended the day at 1,841.40, down 0.03%; the Dow Jones Industrial Average closed
at 16,478.41, down 0.01%; and the NASDAQ Composite Index finished at 4,156.59,
down 0.25%. The S&P 500 Consumer Discretionary Sector Index closed the session
at 526.00, down 0.35%; and the same has gained 9.51% in the previous three
months, which is at par with the gain in the S&P 500 during the same period.
The major movers in the consumer discretionary sector included Macy's Inc.
(NYSE: M), Boyd Gaming Corp. (NYSE: BYD), The Cheesecake Factory Inc. (NASDAQ:
CAKE) and MercadoLibre Inc. (NASDAQ: MELI). AAAResearchReports.com free
coverage on M, BYD, CAKE, and MELI is available upon registration at:

http://www.aaaresearchreports.com/register/ 

Macy's Inc.'s stock edged lower on Friday, tracking losses in the broader
market. The company's shares ended the day 0.25% lower at $52.70, after
fluctuating between $52.65 and $53.14 during the trading session. A total of
1.42 million shares were traded, which is below the daily average volume of
4.81 million. Despite Friday's decline, the company's shares have surged
21.09% in the previous three months, outperforming the S&P 500, which has
gained 9.51% during the same period. Furthermore, Macy's Inc.'s stock is
trading above its 50-day and 200-day moving averages of $49.52 and $46.88,
respectively. Download free technical research on M by signing up at:

http://www.AAAResearchReports.com/M123013.pdf

Shares in Boyd Gaming Corp. plummeted 3.80% on Friday, closing the day
at$11.15, after oscillating between$11.06 and$11.70 during the trading
session. A total of 2.10 million shares were traded, which is below the daily
average volume of 2.40 million. The company's shares have lost 1.85% in the
previous three trading sessions, underperforming the S&P 500, which has gained
0.73% during the same period. Moreover, Boyd Gaming Corp.'s stock is trading
below its 50-day and 200-day moving averages of $11.33 and $11.60,
respectively. Register now and get access to free analysis on BYD at:

http://www.AAAResearchReports.com/BYD123013.pdf

The Cheesecake Factory Inc.'s stock edged 0.06% higher on Friday, finishing
the day at $48.59, after vacillating between $48.43 and $48.80 during the
trading session. A total of 0.41 million shares were traded, which is below
the daily average volume of 0.69 million. The company's shares have gained
10.61% in the previous three months, compared to a gain of 9.51% in the S&P
500 during the same period. Further, The Cheesecake Factory Inc.'s stock is
trading above its 50-day and 200-day moving averages of $47.59 and $42.88,
respectively. Sign up and read our complimentary report on CAKE at:

http://www.AAAResearchReports.com/CAKE123013.pdf

On Friday, MercadoLibre Inc.'s stock closed the day at $106.01, down 1.40%
from the previous day's closing price of $107.52. The company's shares
vacillated between $105.94 and $108.08 during the trading session. A total of
0.37 million shares were traded, which is below the daily average volume of
0.60 million. The company's shares have lost 0.41% in the previous three
trading sessions, underperforming the S&P 500, which has gained 0.73% during
the same period. Furthermore, MercadoLibre Inc.'s stock is trading below its
50-day and 200-day moving averages of $116.76 and $114.98, respectively. The
free report on MELI can be downloaded by signing up now at:

http://www.AAAResearchReports.com/MELI123013.pdf

----

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SOURCE AAA Research Reports

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