U.S. Stock Pick of the day : DUKE ENERGY CORP NEW

US stock pick of the day

Recommendation    :            Buy above $74.35
Target                        :           $75.50

STOCK SUMMARY:-

Duke Energy Corp New is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $74.35 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 $75.50. 
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CHART FORMATION
 
Stock is in bullish trend for near term and price is taking support from the trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $74.35 is expected, which would trigger bullish sentiment in the stock to test the levels of $75.50.

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 ended flat

US stock market today's overview

U.S. stock market lasted flat  on Tuesday after following a steady bearish trend all day long. Equity indexes were pressured right from the beginning following some overnight developments that weighed on sentiments. The market tried to overcome the early weakness, but could not stage sustained rebound, which resulted in follow-trough selling in the afternoon. Home sales data due on Wednesday is expected to come negative for the economy further pressurizing the stock market.

 

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
NQ Mobile ADS	06.49	12.48
Herbalife	44.09	09.65
Alpha Natural Resources	02.88	06.67
C1 Financial	18.49	06.33
McEwen Mining	02.21	06.25

 

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BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Cheetah Mobile ADS	20.03	14.40
CarMax	47.80	09.49
ITT Educational Services	04.32	08.86
Higher One Holdings	03.12	08.24
Lentuo International	02.04	07.27

Stock pick of the day : PHILIP MORRIS INTL INC

US stock pick of the day

Recommendation    :            Buy above $85.80
Target                     :            $88.20

STOCK SUMMARY:-

Philip Morris Intl Inc is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $85.80 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 $88.20.

CHART FORMATION:-
Stock is in bullish trend for near term and price is about to break above the trend line, with inverse Head and Shoulder pattern and good consolidation on daily intraday chart. Near term breach of resistance level of $85.80 is expected, which would trigger bullish sentiment in the stock to test the levels of $88.20.

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 Friday's overview

U.S. Stock market Friday's overview

US stock market ended red with slight movement. Alibaba did very well on its debut in NASDAQ, but it could not do much for the market as its gains were offset by falling technology stocks. For the week Dow rose 1.7%, the S&P rose 1.3% and the NASDAQ rose to 0.3%. With no major data due on Monday, market is expected to trade in range with less volume.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Alibaba Group Holdings ADS	92.99	36.75
TC Pipe Lines	65.29	10.57
Dresser- Rand Group	80.12	09.71
DRDGOLD ADS	03.13	07.19
Vina Concha y Toro ADS	41.50	05.60

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BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
ITT Educational Services	04.88	36.17
North Atlantic Drilling	06.96	11.95
Kemet	04.16	11.68
CARBO Ceramics	84.72	09.77
58.com ADS	34.87	09.22