NEW YORK, NY / ACCESSWIRE / April 16, 2018 / U.S. equities plunged on Friday, but finished the week on a positive note, as bank earnings failed to lift market optimism amidst geopolitical anxiety. The Dow Jones Industrial Average dropped 0.50 percent to close at 24,360.14, ending the week 1.8 percent higher, while the S&P 500 Index fell 0.29 percent to close at 2,656.30, gained 2 percent for the week. The Nasdaq Composite Index declined 0.47 percent to close at 7,106.65, jumped 2.8 percent for the week.

"The bank earnings looked decent, but they weren't spectacular, and they certainly weren't great enough to push the stocks over important technical resistance," said Wayne Kaufman, chief market analyst at Phoenix Financial Services.

RDI Initiates Coverage on:

Kinder Morgan, Inc.
https://rdinvesting.com/news/?ticker=KMI

Whiting Petroleum Corporation
https://rdinvesting.com/news/?ticker=WLL

Kinder Morgan's stock edged 0.07% lower Friday, to close the day at $15.33. The stock recorded a trading volume of 11,745,155 shares, which was below its three months average volume of 17,458,190 shares. In the last year, Kinder Morgan's shares have traded in a range of 14.69 - 21.49. The stock is currently trading 28.66% below its 52 week high. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $15.75 is below its 200-day moving average of $17.50. Shares of the company are trading at a Price to Earnings ratio of 1,533.00. Shares of Kinder Morgan have fallen roughly 6.01 percent in the past month and are down 15.16 percent year-to-date.

Access RDI's Kinder Morgan, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=KMI

On Friday, shares of Whiting Petroleum recorded a trading volume of 4,872,579 shares, which was below the three months average volume of 4,929,218 shares. The stock ended the day 4.38% higher at 38.63. The share price has gained 143.26% from its 52-week low with a 52-week trading range of 15.88 - 39.28. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $29.93 is greater than its 200-day moving average of $25.84. Shares of Whiting Petroleum have gained roughly 26.08 percent in the past month and are up 45.88 percent year-to-date.

Access RDI's Whiting Petroleum Corporation Research Report at:
https://rdinvesting.com/news/?ticker=WLL

Our Actionable Research on Kinder Morgan, Inc. (NYSE :KMI) and Whiting Petroleum Corporation (NYSE :WLL) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com