U.S. stock pick of the day : Facebook Inc

U.S. stock pick of the day

Recommendation   :  Buy above $78.25
 

Target                    :   $80.50

STOCK SUMMARY:-
 

Facebook Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $78.25 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 $80.50.

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CHART FORMATION
 

Stock is in bullish trend for near term and price is sustaining above the trend line and with good consolidation on daily intraday chart. Near term breach of resistance level of $78.25 is expected, which would trigger bullish sentiment in the stock to test the levels of $80.50.

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.

U.S. stock market today's overview

U.S. stock market today's overview

US equity market ended on a higher note on Wednesday recovering yesterday's losses with gain in technology share. Investors are now focused on the timing of an interest rate increase from the Fed. The Fed is gauging the strength of economy with winding up of bond buying program and interest rate increase which might be seen in mid September. With employment data due on Thursday it is expected to support bulls in the market and boost investor confidence in green.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Daqo New Energy ADS	48.00	16.59
Silver Spring Networks	11.81	12.20
Palo Alto Networks	98.70	10.55
DHT Holdings	06.96	08.92
Imperva	33.75	08.73

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BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Pulse Electronics	02.50	19.35
Anglo Gold Ashanti ADS	12.86	17.01
Autohome ADS	42.67	08.82
500.com ADS	32.94	08.35
Marcus & Millichap	27.17	07.40

U.S. Stock Market Today's Overview

U.S. stock market overview

US stock market ended on a lower note on Tuesday with pressure coming from the financial sector.

The top weighted technology sector showed a choppy session before ending on its low.

Among the top performers were Health care and consumer staples, with telecoms and utility sector lagging behind.

There is no major data due on Wednesday and the market is expected to trade on a mixed note with low volume.

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US stock market today's overview

 

US Stock Market Today's Overview

US equity market ended on a mixed note on Monday with majority of the shares trading in red. 

Energy sector closed flat with consumer discretionary and Automobile sector ending negative. 

On the upside Technological shares outperformed and posted gains in the market. 

With no major data due on Tuesday market is expected to react on Jolts Job opening data but with less volume to trade in its sophisticated range.

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US Stock pick of the day : Alcoa Inc

 

US Stock pick of the day

Recommendation   : Buy above $17.50
 

Target                    : $19.50


STOCK SUMMARY:-

Alcoa Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $17.50 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 $19.50.

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CHART FORMATION

Stock is in bullish trend for near term and price is sustaining above the trend line and with good consolidation on daily intraday chart. Near term breach of resistance level of $17.50 is expected, which would trigger bullish sentiment in the stock to test the levels of $19.50.

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 today

US stock market Today

Today, US Stock market ended lower on Wednesday as investors averted big bets before European Central Bank's upcoming policy meeting.

The European Central Bank will hold a monthly policy meeting on Thursday, where investors will look for clues about the bond buying program.

Stocks had earlier gained after Ukraine and Russia officials confirmed that the situation between them is lighter.

Employment report data is due on Thursday, which would give investors a clear direction as to where the overall market is heading.

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US Stock market in overview

 

US Stock market overview

US equity market ended lower on Tuesday, with energy shares among the most negative. Although ISM Manufacturing PMI report came positive for the economy of the country market was not able to hold on at higher levels and energy shares were among the top losers for the day. With no major data due on Wednesday, market is expected to trade range bound with less volume.

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Stock pick of the day : BLOCK H & R INC

Recommendation : Buy above $33.92
 
Target : $35.50

 
STOCK SUMMARY:-
 
Block H & R Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $33.92 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.

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CHART FORMATION
 
Stock is in bullish trend for near term and price is sustaining above the trend line and with good consolidation on daily intraday chart. Near term breach of resistance level of $33.92 is expected, which would trigger bullish sentiment in the stock to test the levels of $35.50.

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.

Bulls and Bears of NYSE

 

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Express	16.45	12.75
TIM Participacoes ADS	28.14	10.83
Rex American Resources	100.55	10.80
Mobileye	45.25	09.22
Arista Networks	83.16	09.18

 

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BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Solera Holdings	59.93	10.94
Autohome ADS	50.44	10.88
Leju Holdings ADS	16.60	07.39
Bitauto Holdings ADS	89.02	07.78
Jumei International Holding ADS	31.72	06.71

US market overview

US equity market ended Tuesday on an upbeat note with small-cap stocks pacing the advance. 

Index today climbed to the top during the first half of the market hour but could not continue the trend in the second half. 

Healthcare along with Biotechnology stocks outperformed in the market. With no major data due on Wednesday, market it is expected to trade with low volume with less movement.

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Top gainers and losers of NYSE

 

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
China Cord Blood	05.70	19.50
Burger King Worldwide	32.36	19.37
Tim Hortons	74.71	18.89
Life Time Fitness	48.35	16.23
Autohome ADS	55.87	12.78

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BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
China Ming Yang Wind Power Group ADS	03.07	08.63
GrubHub	39.15	08.44
Qihoo 360 Technology	93.84	07.77
China New Borun	02.31	07.60
MagnaChip Semiconductor	11.55	07.53

Market Overview : US Equity Market

US equity market broke its all time high's but could not sustain on higher levels. 

The S&P 500 was able to hold the 2000 mark after moving above the milestone level for the first time on Monday still managed to close to a record high, followed by financial and technology stocks.  

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Dow Jones Industrial Average rose 76.29 points or 0.45% with Nasdaq Composite closing at 4557.35 

with a gain of 18.80 or 0.41%. 

Consumer Confidence data is due on Tuesday which is expected to help bulls to sustain over the 

 market.