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Friday, February 24, 2012

Recent Insider Buying Detected: (CME), (FULT), (UBSI), (WHR), (MFA)

Shares of CME Group Inc. (CME) traded higher by 0.28% or $0.82/share to $292.6. In the past year, the shares have traded as low as $224.70 and as high as $310.06. On average, 691310 shares of CME exchange hands on a given day and today's volume is recorded at 162183. 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 $262.56 area. The stock has insider ownership of 0.22%.

Shares of Fulton Financial Corporation (FULT) traded higher by 0.21% or $0.02/share to $9.71. In the past year, the shares have traded as low as $7.13 and as high as $11.71. On average, 1485610 shares of FULT exchange hands on a given day and today's volume is recorded at 127064. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $9.71 represents resistance and the 200-day moving average of $9.52 would be an area of support. The stock has insider ownership of 1.15%.

Shares of United Bankshares Inc. (UBSI) traded higher by 0.44% or $0.13/share to $29.36. In the past year, the shares have traded as low as $18.57 and as high as $29.68. On average, 405750 shares of UBSI exchange hands on a given day and today's volume is recorded at 183415. 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 $28.69 area where the stock will likely see buying pressure. The stock has insider ownership of 0.25%.

Shares of Whirlpool Corp. (WHR) traded higher by 1.18% or $0.84/share to $71.74. In the past year, the shares have traded as low as $45.22 and as high as $89.81. On average, 2299350 shares of WHR exchange hands on a given day and today's volume is recorded at 387229. 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 $61.26 area. The stock has insider ownership of 0.16%.

Shares of MFA Financial, Inc. (MFA) traded higher by 0.54% or $0.04/share to $7.43. In the past year, the shares have traded as low as $5.78 and as high as $7.57. On average, 3658420 shares of MFA exchange hands on a given day and today's volume is recorded at 2284337. 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 $7.05 area where the stock will likely see buying pressure. The stock has insider ownership of 0.71%.