New York, NY -- (ReleaseWire) -- 12/28/2012 -- Apple Inc. (NASDAQ: AAPL), the maker of iPhones and iPad, is marginally lower in mid-day trading today, tracking losses in the broad market. At last check, AAPL was trading 0.60% lower at $511.95 on volume of 5.04 million, which is nearly a quarter of the daily average volume of 21.86 million.
AAPL has slipped in trading today after the company was fined in China for violating author copyrights. The company has been ordered to pay a fine of $166,000 to eight Chinese authors and two companies for selling unlicensed e-books.
AAPL has fallen more than 1.3% this week. The market sentiment remains bearish on AAPL. However, the stock has strong support at around $500 and could rebound from this level.
Find out what traders and investors need to do concerning AAPL by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=AAPL
Assured Guaranty Ltd. (NYSE: AGO), a provider of credit protection products to public finance, infrastructure, and structured finance markets in the U.S., Europe and Australia, is sharply lower in mid-day trading today. At last check, AGO was trading 1.55% lower at $13.93 on volume of 209,742, which is well below the daily average volume of 1.39 million.
AGO has slipped below a key support level in trading today. A bearish trend will be established if the stock falls below its 50-day moving average. The stock currently has support at around $13.75. AGO has fallen more than 2.5% in the last three trading sessions.
Find out more about AGO by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=AGO
WallStreetReport.net issues momentum alerts on stocks that can provide gains to day traders. WallStreetReport.net provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. WallStreetReport.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetReport.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the WallStreetReport.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully trading Penny Stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetReport.net
Disclosure: WallStreetReport.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures.
WALL STREET REPORT