Top gainers and losers of NYSE

 

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
China Cord Blood	05.70	19.50
Burger King Worldwide	32.36	19.37
Tim Hortons	74.71	18.89
Life Time Fitness	48.35	16.23
Autohome ADS	55.87	12.78

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BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
China Ming Yang Wind Power Group ADS	03.07	08.63
GrubHub	39.15	08.44
Qihoo 360 Technology	93.84	07.77
China New Borun	02.31	07.60
MagnaChip Semiconductor	11.55	07.53

Market Overview : US Equity Market

US equity market broke its all time high's but could not sustain on higher levels. 

The S&P 500 was able to hold the 2000 mark after moving above the milestone level for the first time on Monday still managed to close to a record high, followed by financial and technology stocks.  

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Dow Jones Industrial Average rose 76.29 points or 0.45% with Nasdaq Composite closing at 4557.35 

with a gain of 18.80 or 0.41%. 

Consumer Confidence data is due on Tuesday which is expected to help bulls to sustain over the 

 market.

Stock pick of the day : MARRIOTT INC NEW

Recommendation : Buy above $68.75

 

Target $70.50

STOCK SUMMARY:-

 

Mariott Inc New is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy 

the stock above the level of $68.75 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 the trend line and with good 

consolidation and trend line breakout on daily intraday chart. Near term breach of resistance level of 

$68.75 is expected, which would trigger bullish sentiment in the stock to test the levels of $70.50.

INDICATORS:-

 

RSI is trading with positive bias and in MACD signal line is sustaining above MACD line which is 

indicating bullish sentiment in the stock.

Bulls and Bears of NYSE

 

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
CHC Group	07.10	14.70
Autohome ADS	49.54	13.47
Leju Holdings ADS	18.41	13.29
Dynegy	32.32	08.75
TRC Cos.	05.81	08.40

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
China New Borun	02.50	10.71
Aeropostale	03.52	09.97
Och-Ziff Capital Management	11.99	06.69
CGG ADS	08.61	04.97
China Green Agriculture	02.31	04.55

Stock Market Overview : US Equity market

US equity market ended on a mixed note on Friday with geopolitical concerns and speeches on labor market dynamics from Fed chair Yellen and ECB President Draghi at Jackson Hole Symposium. With no major data due on Monday market is expected to trade range bound with less volume.