Showing posts with label us stock market. Show all posts
Showing posts with label us stock market. Show all posts

Sunday, 5 April 2015

US Stock Market Updates for Monday, April 06 2015

US Stock Market Updates

US stock market closed the session on Friday in green. The Dow Jones industrial average gained 65 points or 0.37% to close at 17763, the NASDAQ Composite index gained 7 points or 0.14% to close the day at 4887 and the S&P 500 index gained 7 points or 0.35% to end the session at 0.35%. Manufacturing data is due on Monday and is expected to help support the market to end up in green.



BULLS OF THE STREET (NYSE)

Name
Close Price ($)
Change %
New York
03.07
23.29
500.com
12.29
17.95
Cheetah Mobile ADS
20.09
15.06
China Cord Blood
05.69
11.79
Genie Energy
09.01
11.79



BEARS OF THE STREET (NYSE)

Name
Close Price ($)
Change %
Journal Media Group
07.91
10.11
Seventy Seven Energy
03.82
07.51
Western Refining
46.32
06.42
Holly Frontier
37.85
06.24
Motorola Solutions
62.51
05.75





Friday, 27 March 2015

US Stock Market Technical Analysis and Forecast Friday, March 27 2015

US Stock Market Technical Analysis
NYSE

US Stock market registered its fourth consecutive decline on Thursday with all major sectors ending up in red. The Dow Jones industrial average lost 41 points or 0.23% to close at 17678, the NASDAQ Composite lost 14 points or 0.28% to close the day at 4963 and the S&P 500 index lost 5 points or 0.25% to end the session at 2056. Final GDP data is due on Friday which is expected to come positive for the economy to help support the falling stock market.
 
Stock to watch today : Cerner Corp
 
Recommendation   :            Buy Above $73.00
Target                     :             $75.50

STOCK SUMMARY:-
Cerner Corp is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $73.00 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 $75.50.

CHART FORMATION
Stock is in bullish trend for near term and price is taking support above the trend line on daily chart. Near term breach of major resistance level of $73.00 is expected which would trigger further 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.

Tuesday, 17 March 2015

US Stock Market Technical Analysis and Stock Pick for Wednesday, March 18 2015

US stock market closed the Tuesday's session on a mixed note ahead of Wednesday's Federal Reserve Policy announcement. The Dow Jones industrial average lost 128 points or 0.71% to close at 17849, the NASDAQ Composite index gained 7 points or 0.15% to close the day at 4937 while the S&P 500 index lost 7 points or 0.35% to end the session at 2074. FOMC statement is due on Wednesday and is expected to have a positive impact on the US economy to drive the market higher.


Stock Pick of the day : QUEST DIAGNOSTIC INC


Recommendation    :          Buy Above $74.50
Target                    :          $76.50

STOCK SUMMARY:-
Quest Diagnotic Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $74.50 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 $76.50.

CHART FORMATION
Stock is in bullish trend for near term and price is taking support above the trend line on daily chart. Near term breach of major resistance level of $74.50 is expected which would trigger further bullish sentiment in the stock to test the levels of $76.50.

Technical Chart

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

Tuesday, 10 February 2015

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

Friday, 6 February 2015

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.

Monday, 2 February 2015

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.


Wednesday, 24 December 2014

Wall Street Analysis and Predictions for the next Sesssion


Detailed analysis of US stock market

U.S. stock market closed on a flat note with Christmas shortened Wednesday.  The Dow Jones Industrial Average rose 6.04 points or less than 0.1% to close at 18030.21. The S&P 500 Index, slipped 0.29 points to finish at 2081.88. The Nasdaq Composite Index fared the best of the three advancing 8.05 points or 0.2% to end the day at 4773.47. With no major data due on Friday, market is expected to trade in range with low volume.

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Amira Nature
12.75
30.10
Navigator Holdings
20.18
12.74
AU Optronics ADS
05.42
12.45
Lending Club
25.32
09.71
Unifi
30.24
09.53



BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Nuverra Environmental Solutions
04.96
08.15
NQ Mobile ADS
04.32
07.69
Luxfer Holdings ADS
14.62
06.82
Sanchez Energy
09.91
06.69
Civeo
08.01
06.53

Tuesday, 23 December 2014

US Stock Market updates and Forecast

U.S. Stock Market Overview

U.S. stock market closed on a positive note on Monday with the S&P 500 ending at a record as large-cap technology shares rose, though continued weakness in crude oil prices weighed on the energy sector. The Dow Jones industrial average gained 155.09 points or 0.87 percent to close at  17959.89, the S&P 500 rose 7.95 points or 0.38 percent to close 2078.6 and the Nasdaq Composite added 16.04 points or 0.34 percent to end the session at 4781.42. GDP and New Home sales data is due on Tuesday, which is expected to come positive for the economy to continue its bullish trend at the same pace.


BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
e-hi Car Services ADS
09.50
17.43
Dover Motorsports
02.80
15.23
Nevro
38.99
12.14
Skilled Health Group CI A
08.80
09.18
Knowles
21.76
07.83



BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Ocwen Financial
15.93
27.26
Primero Mining
03.12
17.15
Pretium Resources
05.05
14.39
NQ Mobile ADS
03.55
13.20
Nationstar Mortgage Holdings
28.01
12.52

Sunday, 14 December 2014

US Stock Pick for the Upcoming Trading Session : Facebook

Technical analysis of the US stock pick for the upcoming session
Stock Pick of the Day


Recommendation                Buy Above $79.00
Target                                  $81.50

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 $79.00 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 $81.50.


Stock Picks on Smart Phone

CHART FORMATION
Stock is in consolidate trend for near term and price is sustaining below the resistance trend line with good consolidation on daily chart. Near term breach of resistance level of $79.00 is expected, which would trigger further bullish sentiment in the stock to test the levels of $81.50.



Technical details of the Facebook Stock
Technical Chart

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.