• user warning: Got error 28 from storage engine query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 423382 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Got error 28 from storage engine query: SELECT DISTINCT(node.nid) AS nid, node_kaltura.kaltura_thumbnail_url AS node_kaltura_kaltura_thumbnail_url, node.title AS node_title, node_revisions.body AS node_revisions_body, node_revisions.format AS node_revisions_format, node_kaltura.kaltura_entryId AS node_kaltura_kaltura_entryId, node_kaltura.kaltura_plays AS node_kaltura_kaltura_plays, node_revisions.timestamp AS node_revisions_timestamp, node_kaltura.kaltura_duration AS node_kaltura_kaltura_duration, node_kaltura.kaltura_tags AS node_kaltura_kaltura_tags, node_kaltura.kaltura_admin_tags AS node_kaltura_kaltura_admin_tags, users.uid AS users_uid, users.name AS users_name, node.created AS node_created FROM node node LEFT JOIN node_kaltura node_kaltura ON node.nid = node_kaltura.nid LEFT JOIN node_revisions node_revisions ON node.vid = node_revisions.vid INNER JOIN users users ON node.uid = users.uid WHERE (node_kaltura.kaltura_media_type in ('1', '6')) AND (node_kaltura.kaltura_video_comment in ('0')) AND (node.status <> 0) AND ((node_kaltura.kaltura_tags) LIKE ('%%')) AND (node.created <= 1397759528-300) GROUP BY nid ORDER BY node_created DESC LIMIT 0, 6 in /var/www/www.fnno.com/htdocs/modules/views/includes/view.inc on line 771.

Shares of Nucor Under Pressure, Down 1.3%

Published on Wed, 01/16/2013 - 13:24
By Peter Chu

Down 1.3% to $45.48, Nucor (NYSE:NUE), is one of today's notable movers. The Dow is down 0.3% to 13,499 and the S&P is currently trading fractionally lower to 1,471.

Nucor Corporation manufactures steel products. The Company's products include carbon and alloy steel, steel joists, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal buildingsystems. Nucor also brokers ferrous and nonferrous metals, pig iron and HBI/DRI, supplies ferro-alloys, and processes ferrous and nonferrous scrap.

Over the past year, Nucor has traded in a range of $34.23 to $46.13 and is now at $45.48, 33% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.7%.

Nucor (NYSE:NUE) is currently priced 0.5% above its average consensus analyst price target of $45.25. The stock should find initial support at its 50-day moving average (MA) of $42.14 and further support at its 200-day MA of $39.55.

By Peter Chu
pchu@fnno.com