NYSE stock pick of the day : XL GROUP PLC

NYSE stock pick of the day

Recommendation    :           Buy above $33.85
Target                     :          $35.25

STOCK SUMMARY:-
XL Group Plc is overall in consolidate trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $33.85 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 $35.25.

CHART FORMATION

click to enlarge

 
Stock is in bullish trend for near term and price is testing the resistance level with breakout above the trend line with good consolidation on daily intra-day chart. Near term breach of resistance level of $33.85 is expected, which would trigger further bullish sentiment in the stock to test the levels of $35.25.

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.

NYSE stock analysis

NYSE Building

U.S. stock market ended on a flat note on Monday, pausing after the S&P 500's biggest weekly gain since January 2013, while energy shares fell with another decline in oil prices. The Dow Jones Industrial Average rose 11.05 points, or 0.07%, to 16816, the S&P 500 lost 3.06 points or 0.16% to 1961.52 and the NASDAQ Composite added 2.22 points or 0.05% to 4485.93. Core Durable Goods and Consumer Confidence data is due on Tuesday which is expected to come positive for the economy providing bulls excess room to rule the market.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Accuride	04.66	08.88
Heritage Insurance Holdings	17.00	07.46
Build-A-Bear Workshop	16.55	06.84
DRDGold ADS	03.15	06.78
JMP Group	06.78	06.77

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Petroleo Brasileiro ADS A	11.49	14.64
Petroleo Brasileiro ADS	11.16	13.69
Centrais Electricas Brasileiras ADS	02.21	11.95
Companhia Energetica de Minas Gerais- Cemig ADS	05.53	11.52
Jones Energy CI A	10.67	10.79

FTSE stock pick of the day St. James's Place

FTSE stock pick of the day

RECOMMENDATION BUY

TARGET 725

The primary trend of St. James Place Plc Ord is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is facing support from the level 650 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 671 with Sl 650 for the target 725.

CHART FORMATION:-

Stock is forming inverse H&S pattern which is reversal pattern , crossing of the neck line it can give test the level of 725 .

Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show upside movement

Technical Chart

INDICATORS:-

RSI is trading near to the level of 50 and showing consolidation , Breaching of the resistance level can manage to test the level of 70.

In ADX is trading near to25 level , Positive DI is about to give the break out above negative with positive bias.

Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.

FTSE stocks overview

London Stock Exchange

The FTSE Friday's session ended on a positive note after a week of volatile and largely negative trading.

The top tier index settled 114.38 points higher at 6,310.29, limiting the week's losses to 32.63, or 0.51%.

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Through out the week index has shown negative bias and made a low at 6071 but at the last day of week it showed recovery and closed at 6310.

On intra day charts RSI has given the break out above the level of 50 and index is sustain above 50 DMA & 200 DMA with positive bias.

In upcoming session it can show further recovery crossing of 6400 level it can test the level of 6600 with the support of 6100.

TOP GAINER

Name	Close Price	Change %
Man Group	117.9	5.55
Sainsbury	244.8	5.06
Smith & Nephew	946.5	4.47
Sabmiller	3286.5	4.13
Aviva	494.5	3.86

TOP LOSER

Name	Close Price	Change %
Rolls-Royce Hldgs	832	-11.54
Astrazeneca	4186.5	-0.91
Gusbourne	76	-0.65
B Sky B Group	849	-0.12
Pearson	1365	-0.11

NYSE stock insights

Insights of NYSE stocks

NYSE stocks ended on a positive note on Friday with slew of earnings coming next two weeks, including big names such as Apple and Coca-Cola. With unemployment coming back under 6% and jobless claims coming this week was at lowest since 2000. Consumer sentiments are positive and has also hit highest level in the last seven years but, at the worst market dip. With no major data due on Monday market is expected to continue its bullish movement with less volume.

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 BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
ITT Educational Services	09.19	64.99
Wayfair CI A	26.87	12.47
Empressa Distribuidora y Commmercializadora Norte	11.04	11.97
Valhi	05.79	11.56
Intelsat	17.60	10.28

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Hill International	03.01	15.69
Resolute Energy	03.75	14.38
EXCO Resources	02.68	13.27
Alpha Natural Resources	01.99	13.10
Harvest Natural Resources	03.08	11.75

U.S. Stock Pick of the day for next session : GILEAD SCIENCES INC

Recommendation    :             Sell below $102.50
Target                      :             $100.10

STOCK SUMMARY:-
 

Gilead Sciences Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can  sell the stock below the level of $102.50 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 $100.10.

CHART FORMATION
 

Stock is in consolidate trend for near term and price is expected to test the support level below the trend line with good consolidation on daily intraday chart. Near term breach of support level of $102.50 is expected, which would trigger further bearish sentiment in the stock to test the levels of $100.10.

Click to enlarge

INDICATORS:-
 

RSI is trading with negative bias and is sustaining below the level of 50.
In MACD, signal line is sustaining below MACD line which  is indicating bearish sentiment in the stock.

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U.S. Stock Market on Friday

US stock market on Friday

U.S. stock market witnessed a sharp selling trend on Friday with all major indices  recording their major weekly decline in last two years. Market is volatile on concerns about slowing economic growth. Bad economic data with dovish statement is causing weakness in share market. U.S. equity market is closed on Monday on observance of Columbus day.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Diplomat Pharmacy	16.88	29.85
L-3 Communications Holdings	117.95	09.10
Global Ship Lease CI A	03.37	08.01
Fortuna Silver Mines	04.52	07.62
Infosys ADS	63.16	06.31

 

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Spansion CI A	16.99	15.05
ITT Educational Services	04.67	14.00
Manitowoc	18.76	12.87
Aerohive Networks	06.63	11.48
A10 Networks	04.21	11.18

U.S. stock pick of the day : CVS HEALTH CORP

U.S. stock pick of the day

Recommendation    :            Buy above $82.57
Target                      :           $84.50

STOCK SUMMARY:-

CVS Health Corp is overall in bullish trend and is sustaining at higher levels on chart. Traders can  buy the stock above the level of $82.57 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 $84.50.

CHART FORMATION
 

Stock is in bullish trend for near term and price is expected to take the support from the trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $82.57 is expected, which would trigger bearish sentiment in the stock to test the levels of $84.50.

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 Overview

U.S. stock market ended the Wednesday session on a bullish note despite enduring a bearish start. The first half of the session saw a brief dip into the red that was fuelled by the weakness in energy sector which was later ended in 1% profit after the FOMC minutes sparkled an afternoon rally that likely featured a short-covering component. Employment claims data is due on Thursday which is expected to come positive for the economy to support bulls in the market.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Alamos Gold	08.77	13.60
Fortuna Silver Mines	04.33	12.76
Eldorado Gold	07.59	11.62
Primero Mining	04.98	11.41
AuRico Gold	03.73	10.68

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
A10 Networks	04.55	42.41
IFM Investments ADS	01.80	13.88
Mistras Group	17.35	11.61
J.C. Penney	08.19	10.88
Midstates Petroleum	03.92	07.76

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

US stock pick of the day

Recommendation    :            Sell below $99.04
Target                     :            $97.50

STOCK SUMMARY:-
Apple Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can sell the stock below the level of $99.04 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 $97.50.

CHART FORMATION
Stock is in consolidate trend for near term and price is expected may break the support from the trend line with good consolidation on daily intraday chart. Near term breach of support level of $99.04 is expected, which would trigger bearish sentiment in the stock to test the levels of $97.50.

 

 

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

NYSE yesterday's insights

NYSE insights

 U.S. stock market had a good start on Monday but that was all. The major indexes were at their highs for the first 15 minutes of the market which was later followed by retracement of its gains. The main pockets of weakness in the market were found in biotech, transport and semiconductor spaces. Jolt Jobs open data is due on Tuesday which is expected to come positive for the economy giving the bulls some more room to support the market.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Care Fusion	56.75	22.92
Petroleo Brasileiro ADS A	16.80	14.36
Petroleo Brasiliero ADS	15.80	13.10
Centrais Electricas Brasileiras ADS	02.88	11.20
Rio Tinto ADS	51.47	09.12

 

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BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Unisys	20.84	11.69
Myers Industries	15.83	08.97
Baltic Trading	03.60	07.22
CHC Group	04.99	07.08
Bio Amber	09.01	07.02