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

Sunday, 14 December 2014

US Stock Market ended Bearish on Friday

NYSE Analysis and Technical Overview
NYSE Insights
US stock market ended on a negative note on Friday, falling sharply with its worst weekly performance since May 2012, as investors pulled back from the markets in response to oil's free-fall and more weak data out of China. The Dow Jones industrial average fell 315.51 points or 1.79 % to close at 17,280.83, the S&P 500 lost 33 points or 1.62% to close at 2,002.33 and the Nasdaq Composite dropped 54.57 points or 1.16% to end the session at 4,653.60. With no major data due on Monday, market is expected to trade on lower level with less volume.





BULLS OF THE STREET (NYSE)


Name
Close Price ( $ )
Change %
New Relic
33.99
47.78
Talisman Energy
04.29
16.26
Nordic American Offshre
11.14
14.85
Teekay Tankers
05.35
14.56
Oasis Petroleum
12.33
11.58



BEARS OF THE STREET (NYSE)


Name
Close Price ( $ )
Change %
Shutterstock
62.51
12.78
Esterline Technologies
103.63
11.83
Mc Clatchy CIA
03.35
11.38
Walter Energy
01.80
10.45
YPF ADS
24.04
10.33

Wednesday, 3 December 2014

Stock Market ended positive as US economy got stronger


U.S. stock market ended on a on a positive note on Wednesday, as momentum for European Central Bank to launch a bond-buying program. In economic news, a reading of private sector employment showed that hiring slowed in November, though employers added more than 200,000 jobs in seven of past eight months. US economy is getting stronger as per the reports released on regular basis, and might still continue its bullish trend with the release of employment data due on Thursday.


BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Gas Log
18.62
16.74
Nevro
34.00
12.96
Titan International
10.75
11.86
Vivint Solar
09.45
11.44
New Source Energy Partners
10.89
11.24



BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Cyan
02.07
15.51
Puma Biotechnology
197.67
12.15
Eclipse Resources
08.06
10.64
Cash America International
21.13
06.46
Basic Energy Services
07.04
06.26


Tuesday, 2 December 2014

US Stock Pick for Tuesday and its Technical Analysis

ADOBE SYS INC

Stock pick of the day for NYSE and the complete Technical analysis
Stock Pick of the Day



Recommendation    :            Buy above $74.10
Target                      :             $76.50

STOCK SUMMARY:-
Adobe Sys Inc is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $74.10 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 sustaining above trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $74.10 is expected, which would trigger further bullish sentiment in the stock to test the levels of $76.50.


Tehcnical Chart of Adobe stock and complete technical analysis

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.

Thursday, 27 November 2014

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 FORMATION
Stock 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.

Tuesday, 25 November 2014

US Stock Market and Stock Pick of the Day

US equity market ended little changed on Tuesday as the US economy grew more than expected last quarter. Weak consumer confidence and house price data kept major indexes in a narrow range. The Dow Jones industrial average fell 2.83 points or 0.02% to close at 17815.07, the S&P 500 lost 2.28 points or 0.11% to close at 2067.13 and the NASDAQ Composite added 3.36 points or 0.07% to close the day at 4758.25. Core durable goods, Employment claims and Home sales data are due on Wednesday, which might cause volatility in market with high volume.


Stock Pick for the day : ADOBE SYS INC



Technical Chart


Recommendation    :           Buy above $72.55
Target                     :           $74.50

STOCK SUMMARY:-
Adobe Sys Inc is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $72.55 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 $74.50.

CHART FORMATION
Stock is in bullish trend for near term and price is sustaining below resistance trend line with bullish flag pattern formation on daily intraday chart. Near term breach of resistance level of $72.55 is expected, which would trigger further bullish sentiment in the stock to test the levels of $74.50.

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, 24 November 2014

US Stock Market Overview

U.S. stock market closed on a positive note on Monday on hopes that China will take monetary policy further, if needed. The Dow Jones industrial average rose 7.39 points or 0.04% to close at  17817.45, the S&P 500 gained 5.94 points or 0.29% to close at 2069.44 and the NASDAQ Composite added 41.92 points or 0.89% to 4754.89. Although DOW & S&P are trading at their record highs but they were not able to break the benchmark level which was set last Friday. Consumer Confidence and GDP data are due on Tuesday, which are expected to come positive for the US economy, to take the market set new highs.

NATIONAL OIL WELL VARCO INC


Technical Chart

Recommendation     :          Buy above $74.50
Target                     :           $76.50
STOCK SUMMARY:-National Oil Well Varco Inc is overall in consolidate trend and is sustaining at lower 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 sustaining above resistance trend line with symmetrical triangle pattern formation on daily intraday chart. Near term breach of resistance level of $74.50 is expected, which would trigger further bullish sentiment in the stock to test the levels of $76.50.

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.

Friday, 31 October 2014

Wallstreet stocks update


U.S. stock market ended on a bullish note on Thursday, heading to close October month as a treat for investor. The S&P 500 was on track to end the month about 1% higher. The NASDAQ was up 1.5% and the Dow was up by 0.8% after gaining 215 points. With no major data due on Friday, market is expected to trade range bound with less volume.


BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Calix
10.76
21.72
Alcatel- Lucent ADS
02.97
16.02
FleetMatics Group
35.80
13.29
Ocwen Financial
23.16
11.29
Life Lock
16.90
10.39

 
BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Niska Gas Storage Partners
07.27
36.28
Yamana Gold
04.46
17.10
K12
12.98
14.32
Goldcorp
18.61
13.52
Weight Watchers International
25.56
13.12


Stock pick of the day : XL GROUP PLC


Recommendation     :           Buy above $33.85
Target                     :          $35.50

STOCK SUMMARY:-
 
XL Group Plc is overall in consolidate trend and is sustaining at higher 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 $35.50.

CHART FORMATION
 
Stock is in bullish trend for near term and price is sustaining above resistance trend line with good consolidation on daily intraday 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 $35.50.

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.

Wednesday, 29 October 2014

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.



 
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

Friday, 17 October 2014

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.

For free stock picks trial click here 



 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