Monday, January 7, 2013

Sunoco Logistics Partners - SXL) - Barchart Chart of the Day


Barchart.com's Chart of the Day - Global Calendar - Monday 1/7/13
The "Chart of the Day" is Sunoco Logistics Partners (SXL), which showed up on Friday's Barchart "All-Time High" list. Sunoco Logistics on Friday posted a new all-time high of $53.29 and closed +0.84%. TrendSpotter turned long last Thursday at $52.08. In recent news on the stock, Sunoco Logistics on Nov 7 reported Q3 EPS of $1.09, which was far above the consensus of $0.80. The company also announced a 10% quarterly dividend increase to 51.75 cents per share. Sunoco Logistics, with a market cap of $6 billion, is a limited partnership formed by Sunoco, Inc. to acquire, own, and operate a geographically diverse and complementary group of refined product and crude oil pipelines and terminal facilities.

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We found the "Chart of the Day" by scanning the Barchart "All Time High" list. In order to get to that list, we first clicked on the Stocks menu item on the Barchart home page, then on the "All Time Highs" menu item on the left menu bar. We then sorted the list by percentage gainers by clicking on the "Percent" column title. A stock that has posted a new All-Time high is typically showing strong upside momentum.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy


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