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Friday, 11 October 2013

Stocks to watch today

Wells Fargo reported better than expected earnings, $0.99 EPS, beating estimates of $0.97,
but there's a slight decline in revenue
Stocks dropped to 40.65 from 41.44 which was overbought yesterday

JPMorgan reported better than expected earnings, $1.42 EPS, beating estimates of $1.28,
but reported its first loss of $0.4 billion due to legal expenses of $7.2 billion
Stocks are up to 53.0 from 52.52
Possible resistance @ 53.0 if it stays below 53.0

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