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Los Angelas, CA -- (SBWIRE) -- 01/11/2013 -- Financial Select Sector SPDR (NYSE:XLF) has shown a remarkable performance in the last few days. XLF is trading near its 52-week high, and if the trend continues then it may break out to new highs. In the last trading session, the fund touched the 52-week high level of $17.09 but closed down 0.15% at $16.93. In the last four years, the $17.09 level has shown solid resistance (Five Best Performing ETFs (So Far) in 2012). Although the fund is trading near to its 52-week high, a lot remains to be done in order to recover to the levels seen before the global financial crisis. Before the financial turmoil, the fund traded in the range of $30-$35 so it still needs to rebound in order to get back to its lofty pre-recession levels. XLF manages an asset base of $9.8 billion and trades at volume level of more than 48 million shares a day. Its top three holdings include J.P. Morgan Chase, Berkshire Hathaway and Wells Fargo.
At Which Point Investor Book Profit From XLF: FIND OUT HERE
Intel (NASDAQ:INTC) announced its road map of mobile processors for the next year. However, most of the media attention focused areas like its quad-core Bay Trail processors aimed at tablets and its advancements in the power efficiency of Ivy Bridge chips. While those are big storylines, senior Fool tech analyst Eric Bleeker says he was also intrigued by the Lexington platform. That's a processor dedicated toward emerging-market sales, which is intriguing, as it shows Intel's willingness to attack all mobile processor segments, including lower-end processors where margins are thin and battles for market share are fierce.
At Which Point Investor Book Profit From INTC: FIND OUT HERE
Wells Fargo (NYSE:WFC) is expected by Wall Street to report fourth-quarter earnings Friday of 88 cents a share on revenue of $21.29 billion. Wells Fargo is the first of the major U.S. banks to report earnings. Major U.S. stock averages climbed Thursday on optimism over an upbeat set of China trade numbers and hopeful comments on the eurozone economy. The Census Bureau is expected by economists to report that the U.S. trade deficit shrank to $41.3 billion in November from $42.2 billion in October. The report is due at 8:30 a.m. EST Other data scheduled for 8:30 a.m. are December import and export prices from the Bureau of Labor Statistics.
Should Investor Book Profit Or Hold WFC This Range: Check Out Here
Sprint Nextel Corp. (NYSE:S) will begin to introduce FM radio capability, and this is because of a partnership with the American radio industry. This feature will come through what Sprint has called “NextRadio”, featuring various interactive features, but there are no known specifics. What differentiates this from the standard FM radio capabilities on a few of the devices that are currently on the market is that it will not require special hardware, which suggests that Sprint device would be able to use it.
Will Sprint Nextel Investor Booked Profit And Wait For Correction: Find Out Here
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