US Stock Market Analysis and Next Session Predictions

U.S. stock market ended on a positive note on Wednesday boosted by tech shares. The S&P 500 and Dow Jones industrial average closed at record highs, while the energy sector had the highest weight on market. The Dow Jones industrial average rose 12.75 points or 0.07% to close at 17827.69, the S&P 500 gained 5.76 points or 0.28%  to close at 2072.79 and the NASDAQ Composite added 29.07 points or 0.61% to close at 4787.32. With half day trading session on Friday, market is expected to trade in a range with less volume.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
UBS Group Wi	23.20	32.70
American Realty Investors	05.99	14.31
Veeva Systems	32.43	12.45
E-House Holdings ADS	09.89	09.71
China Life Insurance ADS	52.37	09.26

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Sea drill	16.09	22.28
North Atlantic Drilling	02.66	16.09
Diamond Offshore Drilling	32.35	10.54
FMSA Holdings	11.51	10.15
Fortuna Silver Mines	04.51	07.96

CONAGRA FOODS INC

Technical Chart

Recommendation    :            Buy above $35.91
Target                     :            $37.50

STOCK SUMMARY:-Conagra Foods Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $35.91 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 $37.50.

CHART FORMATIONStock is in bullish trend for near term and price is sustaining above trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $35.91 is expected, which would trigger further bullish sentiment in the stock to test the levels of $37.50.

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.

NYSE Stocks Overview

NYSE Overview

U.S. stock market closed on a bullish note on Thursday, pushing the DOW and S&P 500 to fresh record closing highs, as data showed further strength in the US economy. The Dow Jones industrial average rose 30.6 points or 0.17% to close at 17716.33, the S&P 500 gained 3.98 points or 0.19% to 2052.7 and the NASDAQ Composite added 26.16 points or 0.56% to close at 4701.87. With no important data on Friday, market is expected to trade range bound with less volume.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Nuverra Environmental Solutions	08.99	12.66
Midstates Petroleum	02.94	10.94
Arch Coal	02.54	10.43
Callon Petroleum	06.50	10.36
Ocwen Financial	23.46	10.16

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Jumei International Holding ADS	19.54	12.10
Enzo Biochem	04.18	07.11
CGG ADS	09.82	06.92
Donaldson	39.99	06.46
Mobileye	43.87	06.16

NYSE Stocks Review

 

NYSE Stocks Review

U.S. stock market ended higher on Monday despite of weaker than expected industrial production and capacity utilization data. Market opened the week on a bullish note and sustained at its higher levels till the end of the session. Purchasing price index data is due on Tuesday which is expected to come positive for the overall economy giving support to the bulls to test the market at new higher levels.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Niska Gas Storage Partners	05.16	13.14
Baker Hughes	65.35	09.12
TCP International Holdings	05.71	08.97
Exterran Holdings	36.52	08.16
Associated Estates Realty	21.17	07.68

 

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
William Lyon Homes	19.36	14.59
China Eastern Airlines ADS	21.12	10.96
Denbury Resources	09.98	10.89
Halliburton	49.11	10.84
Bill Barrett	12.71	09.89

Wallstreet overview

Wallstreet Overview

U.S. stock market ended on a bullish note on Tuesday with equity indexes going up steadily throughout the day with the S&P 500 turning positive for the month of October. The sharp rebound off the mid-October low was predicated on the belief that the Federal Reserve will not rush to hike the fed funds rate after asset purchases under Quantitative Easing program end. The Federal open market committee is expected to announce its final $15 billion taper tomorrow while the accompanying policy statement will be scrutinized for clues concerning the expected rate path.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Harvest Natural Resources	03.97	33.67
Cliffs Natural Resources	11.29	22.19
Aerohive Networks	05.76	18.52
GOL Linhas Aereas Inteligentes ADS	05.08	16.51
Navios Maritime Holdings	05.83	13.42

 

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
NQ Mobile ADS	08.00	15.43
Pioneer Energy Services	09.08	11.24
Ducommun	25.72	10.76
Twitter	43.78	09.84
Sanofi ADS	48.07	08.99

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 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

U.S. stock market today

U.S. stock market Overview

U.S. stock market ended in red on Monday despite showing some intraday strength. The S&P lost 1.7% with all ten sectors ending at lower levels. All ten sectors ended with lower energy registering the biggest decline. Although energy pressured the market, the top rated technology stocks showed some signs of strength. With no major data due in market, stocks are expected to trade in a range with low volume.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Doral Financial	06.75	27.60
Atlas Energy	37.25	14.93
Cliffs Natural Reources	08.25	12.70
Petroleo Brasileiro ADS	18.44	11.42
Petroleo Brasileiro	17.27	10.56

 

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Aerohive Networks	04.49	32.28
Goodrich Petroleum	07.65	29.36
Lithia Motors CI A	64.01	20.84
Callon Petroleum	05.61	16.31
Haldon Resources	02.51	16.05