The Traderszone Network

Published in TZ Latest News 15 January, 2016 by The TZ Newswire Staff

Cal-Maine Gains, But Others Slice 50-Day Lines

There wasn’t much good that can be said about Friday’s rout. Leading stocks took a beating. The only bright spot was Cal-Maine Foods (CALM), which gained, although it found resistance at its 200-day moving average. Even there, it wasn’t cheery news that lifted shares. An Indiana turkey farm confirmed a bird flu outbreak and said the USDA was going to destroy the flock in the affected area.

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