On Monday, the markets slipped from record highs as comments made by a top Federal Reserve official hinted that the central bank may be closer to curbing its month bond purchases. Fed Bank of Dallas President Richard Fisher stated that the Fed should curb its bond-buying program next month unless economic data significantly worsens. "The consensus still remains that tapering is on track to be announced in September," said Ian Lyngen, a government-bond strategist at CRT Capital Group LLC. "That reflects the recent series of strong economic data. The Treasury market is backing up as we get set to take down this week’s refunding auctions."
Just Energy Group, Inc. (NYSE:JE - News) shares traded in the range of $6.91 to $7.25 Monday before settling to close at $6.99, a decrease of 4.64 percent. The stock appears to be facing resistance at the $7.01 and $7.12 levels with some support at $6.79. Shares of Just Energy Group have fallen approximately 27.0 percent year-to-date.
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Pacific Biosciences of California (NASDAQ:PACB - News) shares traded in the range of $2.85 to $3.45 Monday before settling to close at $3.33, an increase of 16.84 percent. The stock appears to have some support at the $2.94, $2.88 and $2.79 levels. Shares of Pacific Biosciences of California have gained approximately 95.0 percent year-to-date.
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Quantum Fuel Systems Tech Worldwide Inc. (NASDAQ:QTWW - News) shares traded in the range of $2.35 to $2.79 Monday before settling to close at $2.76, an increase of 15.48 percent. The stock appears be facing some resistance at the $2.88 and $2.92 levels with some support at $2.72.
More information on Quantum Fuel Systems and access to the free equity report can be found at:
XPO Logistics Inc. (NYSE:XPO - News) shares traded in the range of $23.53 to $25.19 Monday before settling to close at $23.90, a decrease of 5.94 percent. The stock appears to be facing some resistance at the $24.66 and $25.54 levels with some support at $23.83. Shares of XPO Logistics have gained approximately 37.5 percent year-to-date.
More information on XPO Logistics and access to the free equity report can be found at:
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