Showing posts with label wall street. Show all posts
Showing posts with label wall street. Show all posts

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.

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

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.

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.

Sunday 30 November 2014

Crude Falls, US Stock Market Ends Flat

NYSE last Session Analysis and Forecast for the next Session
NYSE
U.S. stock market ended on a flat note on Black Friday with falling crude oil prices. An index of oil and gas exploration tumbled 8.15% on Friday as US crude fell almost 10% to around $66.36 per barrel to hit its lowest in 4-1/2 years. The overall energy sector of the S&P 500 fell 6.3% on Friday, adding to its year-to-date losses, now at 10.3%. Manufacturing data is due on Monday, which is expected to come positive for the economy to maintain the sustained bullish trend in the market by investors.

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
United Continental Holdings
61.23
08.18
Zhaopin ADS
15.12
07.31
Southwest Airlines
41.82
06.47
China Eastern Airlines ADS
24.85
05.79
China Southern Airlines ADS
22.53
05.77



BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Goodrich Petroleum
06.05
34.24
Laredo Petroleum
10.45
33.52
Resolute Energy
01.88
31.14
Swift Energy
04.50
29.80
Sanchez Energy
11.29
29.48

Thursday 13 November 2014

US Stock Market Insights

Wall Street Analysis & Updates
U.S. stock market started the day on an bullish note with the S&P 500 rising into fresh record territory with help from three sectors that represent roughly 40% of the market. Later the major averages settled near the middle of their ranges after sliding from early highs. Unemployment data also revealed a rise in claims from 278k to 290k  for the current week which was one of the reason for the market to trade lower. Retail sales data is due on Friday, which is expected to come positive for the economy to help bulls take charge of the market.


BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Baker Hughes
58.98
15.69
AAC Holdings
26.82
07.28
King Digital Entertainment
15.04
07.20
Bio Amber
10.04
07.04
Cash America International
24.67
06.43

 
BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Ryerson Holding
09.86
17.64
North Atlantic Drilling
04.17
15.59
Willbros Group
04.56
13.31
J.G. Wentworth CI A
09.95
11.48
Enova International
27.04
11.37

Thursday 6 November 2014

Wall Street Updates

Wall Street Updates

U.S. stock market ended green on Thursday with major stock indexes closing on record highs. It was helped by the indications of European Central Bank would take more policy action if needed to boost a struggling euro zone economy. Unemployment claims decreased from 288k to 278k this week which acted as a catalyst in market to support bulls. Unemployment rate is due on Friday and is expected to keep up the good pace of the market.


BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Nevro
25.45
41.39
CGG ADS
07.32
31.65
Polypore International
53.47
24.52
Alamo Group
49.13
22.55
Kate Spade
30.95
17.84

 
BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Genworth Financial CI A
08.70
38.17
Walter Investment Management
17.23
20.77
Nation Star Mortgage Holdings
28.41
20.35
Cenveo
01.75
19.35
Stonegate Mortgage
11.99
14.60