Thursday 4 September 2014

US stock market today's Overview

US stock market today's Overview

US equity market ended lower on Thursday with decline in energy shares amidst rally with European Central Bank's new stimulus measures.

Investors attributed the late-day pullback to nervousness ahead of Friday's US jobs data.

Jobs data due on Friday seems to have dried up US market.

Data is expected to come positive for the economy helping the investors to have a clear vision of the direction about the market.

Wednesday 3 September 2014

US stock pick of the day : Apartment Investment & Management co.

Stock pick of the day

Recommendation  :              Buy above $34.80
 

Target                    :              $36.50
STOCK SUMMARY:-

Apartment Investment & Management co. is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $34.80 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 $36.50.

CHART FORMATION
 

Stock is in bullish 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 $34.80 is expected, which would trigger bullish sentiment in the stock to test the levels of $36.50.

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.


US stock market bulls and bears


Top gainers and losers of US stock Market
 

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
BLYTH
09.07
35.98
Empresa Distribuidora y Comercializadora Norte ADS
11.77
11.14
Mobileye
46.97
09.16
Noranda Aluminium Holding
04.35
08.48
BBVA Banco Frances ADS
11.64
07.98

 



BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Genie Energy
07.15
14.88
Frontline
01.78
11.88
Vince Holding
34.27
11.54
Coupons.com
14.96
08.11
Skilled Healthcare Group CI A
06.84
07.07

US stock market today


US stock market Today

Today, US Stock market ended lower on Wednesday as investors averted big bets before European Central Bank's upcoming policy meeting.

The European Central Bank will hold a monthly policy meeting on Thursday, where investors will look for clues about the bond buying program.

Stocks had earlier gained after Ukraine and Russia officials confirmed that the situation between them is lighter.

Employment report data is due on Thursday, which would give investors a clear direction as to where the overall market is heading.

Tuesday 2 September 2014

Stock Pick of the day : ADOBE SYS INC


Stock pick of the day : Adobe Sys Inc

Recommendation    : Buy above $72.70

Target                      : $74.50

STOCK SUMMARY:-

Adobe Sys Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $72.70 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.

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CHART FORMATION

Stock is in consolidate trend for near term and price is sustaining above the trend line and with good consolidation and inverse Head and Shoulder pattern on daily intraday chart. Near term breach of resistance level of $72.70 is expected, which would trigger 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.


The bulls and the bears of NYSE


 
Bulls and Bears of NYSE

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Castlight Health CI B
13.37
12.26
China Green Agriculture
02.45
11.36
GP Strategies
27.35
08.45
Parker Drilling
06.73
07.17
China Southern Airlines ADS
17.30
06.86

 



BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Doral Financial
06.06
09.69
Cloud Peak Energy
14.45
08.02
ION Geophysical
03.21
06.96
Emerge Energy Services
134.29
06.85
Lentuo International
02.91
06.73

US Stock market in overview


 
US Stock market overview

US equity market ended lower on Tuesday, with energy shares among the most negative. Although ISM Manufacturing PMI report came positive for the economy of the country market was not able to hold on at higher levels and energy shares were among the top losers for the day. With no major data due on Wednesday, market is expected to trade range bound with less volume.