STO, XLE, IYE, GIL, XEC, FTI Are Seasonally Ripe To Go Down In the Next Five Weeks
September 20, 2012 / M2 PRESSWIRE / BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Statoil ASA (NYSE:STO), Select Sector Spdr Fund (NYSE:XLE), iShares Dow Jones US Energy Sector Index Fund (NYSE:IYE), Gildan Activewear Inc (NYSE:GIL), CIMAREX ENERGY CO (NYSE:XEC), FTI Foodtech International Inc (NYSE:FTI) and each have a high seasonal probability to go Down in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/strat/mh.php
The following stocks are expected to go Down:
Symbol Company Expected Return Odds By The Following Date STO Statoil ASA -2.37% 90.91% (10 of 11) Monday, September 24th 2012 XLE Select Sector Spdr Fund -2.50% 92.31% (12 of 13) Monday, September 24th 2012 IYE iShares Dow Jones US Energy Sector Index Fund -2.44% 100.00% (12 of 12) Monday, September 24th 2012 GIL Gildan Activewear Inc -2.55% 85.71% (12 of 14) Friday, September 21st 2012 XEC CIMAREX ENERGY CO -2.83% 100.00% (9 of 9) Monday, September 24th 2012 FTI FTI Foodtech International Inc -3.39% 100.00% (11 of 11) Monday, September 24th 2012Statoil ASA (NYSE:STO) - Statoil ASA engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products. The company involves in the exploration, development, and production of crude oil and natural gas in Norway and internationally, as well as extraction of natural gas liquids. It also transports and markets natural gas and natural gas products; and engages in petroleum refining operations, as well as marketing crude oil and refined petroleum products. In addition, the company involves in the retail sale of stationary energy primarily heating oil, kerosene, liquefied petroleum gas, and heavy fuel for industrial purposes; marine fuel comprising marine gasoil and heavy fuel; and aviation fuel, lubricants, and chemicals. As of December 31, 2010, it had proved reserves of 2,124 million barrels of oil, as well as 509 billion cubic meters of natural gas, corresponding to aggregate proved reserves of 5,325 million barrels-of-oil equivalent; and operated a network of 2,283 fuel stations, including a combination of full-service stations, which has integrated convenience stores, and automated fuel stations and truck stops located in Scandinavia, Poland, Latvia, Lithuania, Estonia, and Russia. The company was formerly known as StatoilHydro ASA and changed its name to Statoil ASA in November 2009. Statoil ASA was founded in 1972 and is headquartered in Stavanger, Norway..
Select Sector Spdr Fund (NYSE:XLE) - ENERGY SELECT SPD.
iShares Dow Jones US Energy Sector Index Fund (NYSE:IYE) - Ishrs Dj Us Engy.
Gildan Activewear Inc (NYSE:GIL) - Gildan Activewear Inc. manufactures and sells T-shirts, activewear, underwear, and socks to wholesale screen printers, embroiderers, and retailers in North America, Europe, and internationally. It sells T-shirts, fleece, and sport shirts under the Gildan brand name. The companys activewear products are used for work and school uniforms and athletic team wear, and other purposes to convey individual, group, and team identity. It also supplies mens and boys underwear primarily to mass-market and regional retailer channel under the Gildan brand name, as well as under various retailer exclusively licensed and private label brands. The company was formerly known as Textiles Gildan Inc. and changed its name to Gildan Activewear Inc. in March 1995. Gildan Activewear Inc. was founded in 1984 and is headquartered in Montreal, Canada..
CIMAREX ENERGY CO (NYSE:XEC) - Cimarex Energy Co. operates as an oil and gas exploration and production company. The company has operations primarily in the Mid-Continent region, which consists of Oklahoma, the Texas Panhandle, and southwest Kansas; the Permian Basin encompassing west Texas and southeast New Mexico; Gulf Coast areas of southeast Texas and offshore Louisiana; and Wyoming. As of December 31, 2009, it had proved oil and gas reserves of 1.5 trillion cubic feet equivalent consisting of 1.2 trillion cubic feet of gas, and 58.0 million barrels of oil and natural gas liquids. The company was founded in 2002 and is headquartered in Denver, Colorado. Cimarex Energy Co. operates independently of Helmerich & Payne Inc. as of September 30, 2002..
FTI Foodtech International Inc (NYSE:FTI) - FMC Technologies, Inc. provides technology solutions for the energy industry and other industrial markets. It designs, manufactures, and services technologically sophisticated systems and products, such as subsea production and processing systems, surface wellhead systems, high pressure fluid control equipment, measurement solutions, and marine loading systems for the oil and gas industry. The company operates in 15 countries worldwide. FMC Technologies, Inc. was founded in 2000 and is based in Houston, Texas..
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