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Friday, December 2, 2011

Insiders Sell For Many Reasons - Is Bearishness One Of Them?: (PCP), (STMP), (SWX), (TSCO), (EMR)

Shares of Precision Castparts Corp. (PCP) traded higher by 0.52% or $0.85/share to $164.72. In the past year, the shares have traded as low as $135.95 and as high as $178.99. On average, 1083210 shares of PCP exchange hands on a given day and today's volume is recorded at 119624. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $162.00 area where the stock will likely see buying pressure. The stock has insider ownership of 0.24%.

Shares of Stamps.com Inc. (STMP) traded higher by 2.32% or $0.61/share to $26.87. In the past year, the shares have traded as low as $10.95 and as high as $33.73. On average, 494700 shares of STMP exchange hands on a given day and today's volume is recorded at 108943. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $25.66 area where the stock will likely see buying pressure. The stock has insider ownership of 2.66%.

Shares of Southwest Gas Corporation (SWX) traded higher by 0.57% or $0.23/share to $40.4. In the past year, the shares have traded as low as $31.65 and as high as $40.79. On average, 280260 shares of SWX exchange hands on a given day and today's volume is recorded at 18725. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $38.06 area where the stock will likely see buying pressure. The stock has insider ownership of 1.24%.

Shares of Tractor Supply Company (TSCO) traded higher by 0.25% or $0.18/share to $72.41. In the past year, the shares have traded as low as $43.52 and as high as $78.22. On average, 793300 shares of TSCO exchange hands on a given day and today's volume is recorded at 106936. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $69.56 area where the stock will likely see buying pressure. The stock has insider ownership of 0.62%.

Shares of Emerson Electric Co. (EMR) traded higher by 1.06% or $0.55/share to $52.39. In the past year, the shares have traded as low as $39.19 and as high as $60.89. On average, 5736350 shares of EMR exchange hands on a given day and today's volume is recorded at 675011. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $51.20 area. The stock has insider ownership of 0.48%.