Stock Pick of the Day : BARD C R INC

BARD C R INC

Recommendation               Buy Above $176.50
Target                                 $180.50

STOCK SUMMARY:-

Bard C R Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $176.50 which is a near term resistance level for the stock and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $180.50.

CHART FORMATION

Stock is in bullish trend for near term and price is sustaining above trend line with the expectation of level breakout on daily chart. Near term breach of major resistance level of $176.50 is expected which would trigger further bullish sentiment in the stock to test the levels of $180.50.

INDICATORS:-

RSI is trading with positive bias and is sustaining above the level of 50.

In MACD signal line is sustaining above MACD line which is indicating bullish sentiment in the stock.

US Stock Market Update and Stock Pick for Friday, February 13 2015

 

US StockMarket Updates

Market Overview:-

US equity market ended on a positive note on Thursday with cease fire news between Ukraine and Russia and a pick up in oil prices. The Dow Jones industrial average gained 110.24 points or 0.62% to close the day at 17972, NASDAQ Composite gained 56.43 points or 1.18% to close the day at 4857.61 and the S&P 500 Index gained 19.95 points or 0.96% to end the session at 2088. Consumer sentiment data is due on Friday which is expected to come positive for the US economy and lead the market to the new higher levels.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Orbitz Worldwide	11.72	21.83
Luxosoft Holding	48.86	13.21
RTI International Metals	27.31	12.43
GNC Holdings CI A	48.66	12.25
Schweitzer- Mauduit International	44.01	10.49

Stock pick of the day : ALLEGHENY TECHNOLOGIES INC

Technical Chart

Recommendation               Buy Above $33.81
Target                                 $35.50

STOCK SUMMARY:-
Allegheny Technologies Inc is overall in bearish trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $33.81 which is a near term resistance level for the stock and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $35.50.

CHART FORMATION
Stock is in consolidate trend for near term and price is sustaining above trend line with the expectation of level breakout on daily chart. Near term breach of major resistance level of $33.81 is expected which would trigger further bullish sentiment in the stock to test the levels of $35.50.

INDICATORS:-
RSI is trading with positive bias and is sustaining below the level of 50.
In MACD signal line is sustaining above MACD line which is indicating bullish sentiment in the stock.

US Stock Pick of the Day for Tuesday, February 10 2015 : QUEST DIAGNOSTICS INC

QUEST DIAGNOSTICS INC

Recommendation               Sell Below $68.50
Target                                  $66.50

STOCK SUMMARY:- 
Quest Diagnostics Inc is overall in bullish trend and is sustaining at higher levels on chart. However, traders can sell the stock below the level of $68.50 which is a near term support level for the stock and if it manages to breach this level further bearish movement is expected in this stock to test the levels of $66.50.

CHART FORMATION 
Stock is in bearish trend for near term and price is sustaining above support trend line with the expectation of level breakout on daily chart. Near term breach of major support level of $68.50 is expected which would trigger further bearish sentiment in the stock to test the levels of $66.50.

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INDICATORS:-
RSI is trading with negative bias and is sustaining below the level of 55.
In MACD signal line is sustaining below MACD line which is indicating bearish sentiment in the stock.

US Stock Market Overview as on Tuesday, February 10 2015

 

Market Overview:-

US stock market started the new week on a sleepy note with low trading volume. The Dow Jones industrial average lost 95 points or 0.53% to close the session at 17729, the NASDAQ lost 18 points or 0.39% to close the day at 4726 while the S&P 500 lost 8 points or 0.41% to end the session at 2047. With no major data due on Tuesday, market is expected to trade in a range with low volume.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Swift Energy	03.02	14.83
Paragon Offshore	03.35	13.18
Civeo	03.71	11.75
Frontline	02.90	11.54
Rio Alto Mining	02.93	10.98

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Amira Nature Foods	09.95	25.75
Taomee Holdings ADS	03.07	14.96
Sand Ridge Energy	01.96	10.50
Tahoe Resources	12.85	08.93
Comstock Resources	05.48	07.43

US Stock Market Update Monday, February 09 2015

Market Overview:-

US equity market ended the week with a defensive finish. Equities climbed at the open in reaction to the release of a better than expected Non-farm Payrolls report for January. According to the bureau of Labor Statistics, January payrolls increased by 257,000 while the December reading saw a large upward revision to 329,000 from 252,000. With no major data due on Monday, market is expected to trade in a range with low volume.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Exelis Inc.	24.13	36.25
Cambrex	30.01	27.54
Danaos	05.59	22.32
EXCO Resources	02.51	17.84
Twitter	48.01	16.36

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Niska Gas Storage Partners	01.57	27.31
Yelp	45.11	21.51
De Vry Education Group	36.24	18.10
Pandora Media	15.24	17.22
Tempur Sealy International	50.14	10.22

JACOBS ENGR GROUP INC DEL

 

Recommendation Buy above $41.75

 

Target $43.50

STOCK SUMMARY:-

Jacobs Engr Group Inc Del is overall in bearish trend and is sustaining at lower levels on chart. However, traders can buy the stock above the level of $41.75 which is a near term resistance level for the stock and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $43.50.

CHART FORMATION

Stock is in bullish trend for near term and price is sustaining above resistance trend line with the expectation of level breakout on daily chart. Near term breach of major resistance level of $41.75 is expected which would trigger further bullish sentiment in the stock to test the levels of $43.50.

INDICATORS:-

RSI is trading with positive bias and is sustaining above the level of 45.

In MACD signal line is sustaining above MACD line which is indicating bullish sentiment in the stock.

WallStreet Overview as on Friday, February 06 2015

US equity market ended the Thursday session on a positive note with rebound in oil prices and upbeat quarterly earnings. The Dow Jones industrial average gained 212 points or 1.20% to close at 17885, the Nasdaq Composite gained 48 points or 1.02% to close at 4765 while the S&P 500 index gained 21 points or 1.05% to end the session at 2063. Employment rate data is due on Friday, which is expected to come positive for the economy to help continue its recent bullish trend.

Stock pick of the Day : CONCOPHILLIPS


Recommendation   :           Buy above $68.00
Target                    :           $70.50
STOCK SUMMARY:-

Consophillips is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $68.00 which is a near term resistance level for the stock and if it manages to breach this level further bullish movement is expected in this stock to test the levels of $70.50.

CHART FORMATION

Stock is in bullish trend for near term and price is sustaining above resistance trend line with the expectation of level breakout on daily chart. Near term breach of major resistance level of $68.00 is expected which would trigger further bullish sentiment in the stock to test the levels of $70.50.

INDICATORS:-
 
RSI is trading with positive bias and is sustaining above the level of 50.
In MACD signal line is sustaining above MACD line which is indicating bullish sentiment in the stock.

US Stock Market Overview and Stock Pick as on Monday, February 02 2015

 

US equity market ended down the month on a sharply lower note. The key market indexes struggled at

the start after a disappointing GDP report for the fourth quarter introduced deteriorating global growth 

outlook. The Dow Jones Industrial average lost 251.90 points or 1.45% to close the session at 17165, 

NASDAQ Composite lost 45.17 points or 1.03% to close the session at 4635 while the S&P 500 index 

lost 26.26 points or 1.30% to end the session at 1995. ISM manufacturing data is due on Monday, 

which is expected to come negative for the economy to continue the bear phase in the market.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Shake Shack CI A	45.90	118.57
Infra REIT	26.60	15.65
Gigamon	18.41	14.56
Manpower Group	72.88	12.30
Cencosud ADS	07.53	11.89

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Green Dot CI A	15.25	23.17
Deckers Outdoor	66.05	19.72
Eldorado Gold	04.78	14.18
Unisys	21.93	13.25
Graham	20.69	10.59

ACTAVIS PLC

 

Recommendation Sell Below $265.85

 

Target $258.50

STOCK SUMMARY:-

 

Actavis Plc is overall in bullish trend and is sustaining at higher levels on chart. However, traders can 

sell the stock below the level of $265.85 which is a near term support level for the stock and if it 

manages to breach this level further bearish movement is expected in this stock to test the levels of 

$258.50.

CHART FORMATION

 

Stock is in bearish trend for near term and price is taking support on trend line with the expectation of 

formation of rounding top pattern on daily chart. Near term breach of major support level of $265.85 is 

expected which would trigger further bearish sentiment in the stock to test the levels of $258.50.

INDICATORS:-

 

RSI is trading with negative bias and is sustaining at the level of 50.

 

In MACD signal line has cross-over MACD line downside which is indicating bearish sentiment in the 

stock.