Sunday, 30 November 2014

Crude Falls, US Stock Market Ends Flat

NYSE last Session Analysis and Forecast for the next Session
NYSE
U.S. stock market ended on a flat note on Black Friday with falling crude oil prices. An index of oil and gas exploration tumbled 8.15% on Friday as US crude fell almost 10% to around $66.36 per barrel to hit its lowest in 4-1/2 years. The overall energy sector of the S&P 500 fell 6.3% on Friday, adding to its year-to-date losses, now at 10.3%. Manufacturing data is due on Monday, which is expected to come positive for the economy to maintain the sustained bullish trend in the market by investors.

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
United Continental Holdings
61.23
08.18
Zhaopin ADS
15.12
07.31
Southwest Airlines
41.82
06.47
China Eastern Airlines ADS
24.85
05.79
China Southern Airlines ADS
22.53
05.77



BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Goodrich Petroleum
06.05
34.24
Laredo Petroleum
10.45
33.52
Resolute Energy
01.88
31.14
Swift Energy
04.50
29.80
Sanchez Energy
11.29
29.48