Wall Street, Forex and Commodity Market Insights and Signals

Wednesday 27 August 2014

Top losers and gainers of UK stock Market

Top losers and gainers of UK stock Market

TOP GAINER

Name	Close Price	Change %
Hays	133.3	3.41
Morrison Suppermkts	181.8	2.31
Associat Brit Foods	2871	2.1
Rexam	499.3	2.09
Royal Bk scotl Gr	365.7	2.07

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TOP LOSER

Name	Close Price	Change %
Antofagsata	798.5	-1.18
Reckitt Banck Grp	5210	-1.04
Rio Tinto	3357	-1.03
Smith & Nephew	1050	-0.76
Pearson	1121	-0.62

UK STOCK MARKET OVERVIEW

UK Stock market overview

It was a strong finish to Tuesday's session, with traders keen to keep up with

the gains seen amongst global equities during the bank holiday.

After coming off declines following an initial jump, the FTSE 100 ultimately

ended 47.51 points higher at 6,822.76, with afternoon trading helped by

stronger-than-expected data in the US.

The market looks like it’s ready to continue going higher, probably challenging

 the 6900 level  and crossing of it can  then heads to 7000 in the short-term.

Index is managing to trade above 50 DMA & 200 DMA with positive bias,

It has managing to give clossing above zero level line with MACD & Signal line

sustaing above that which is indicating strength in the trend.

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Tuesday 26 August 2014

US Stock pick of the day : MEADWESTVACO CORP

Recommendation Buy above $43.25

Target $44.75

STOCK SUMMARY:-

Meadwestvaco corp partners Inc is overall in bullish trend and is sustaining at higher levels on chart.

Traders can buy the stock above the level of $43.25 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 $44.75.

CHART FORMATION

Stock is in consolidate trend for near term and price is sustaining above the trend line and with good

consolidation on daily intraday chart. Near term breach of resistance level of $43.25 is expected, which

would trigger bullish sentiment in the stock to test the levels of $44.75.

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 & Bears of US Stock market

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
DSW CI A	31.00	09.27
Mobileye	41.46	08.56
Tim Hortons	81.05	08.47
Cheetah Mobile ADS	29.36	08.46
Violin Memory	04.05	08.42

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BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Doral Financial	06.76	19.14
Xueda Education Group ADS	03.77	18.53
Trina Solar ADS	12.30	08.00
Movado Group	40.65	07.70
Best Buy	29.81	06.81

US market overview

US equity market ended Tuesday on an upbeat note with small-cap stocks pacing the advance.

Index today climbed to the top during the first half of the market hour but could not continue the trend in the second half.

Healthcare along with Biotechnology stocks outperformed in the market. With no major data due on Wednesday, market it is expected to trade with low volume with less movement.

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Monday 25 August 2014

Stock pick of the day : DAVITA HEALTHCARE PARTNERS INC

Recommendation Buy above $74.50

Target $76.50

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STOCK SUMMARY:-

Davita Healthcare partners 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 sustaining above the trend line and with good

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

$74.50 is expected, which would trigger bullish sentiment in the stock to test the levels of $76.50.