Wednesday 24 September 2014

U.S. stock market Wednesday's overview


U.S. stock market Wednesday's overview

US stock market ended green on Wednesday after having a shaky start at the beginning of the day. The health care sector lead the market with a rally of around 1.7% and Biotechnology shares rising 2.8%. Others included consumer discretionary with 1% rise with home builders not performing very well. Employment data is due on Thursday which is expected to support the economy giving the bulls in the market to strengthen their positions once again.




BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Green Dot CI A
23.41
24.39
Pulse Electronics
02.44
11.93
Wage Works
49.90
07.94
North Atlantic Drilling
06.87
07.51
Citizens Financial Group
23.08
07.35

 
BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
GrafTech International
04.96
31.87
WalterEnergy
02.24
20.28
AAR Corp
24.71
11.75
Alpha Natural Resources
02.55
11.46
Skechers USA CI A
52.40
09.80

Tuesday 23 September 2014

U.S. stock pick of the day

U.S. Stock pick of the day


Recommendation                Buy above $78.75

Target                                    $80.50

STOCK SUMMARY:-

Today's stock pick of the day is Facebook Inc. Facebook Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can go for a lon above the level of $78.75 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 $80.50.

CHART FORMATION
Stock is in bullish trend for near term and price is taking support from the trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $78.75 is expected, which would trigger bullish sentiment in the stock to test the levels of $80.50.

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.

U.S. stock market ended flat


US stock market today's overview

U.S. stock market lasted flat  on Tuesday after following a steady bearish trend all day long. Equity indexes were pressured right from the beginning following some overnight developments that weighed on sentiments. The market tried to overcome the early weakness, but could not stage sustained rebound, which resulted in follow-trough selling in the afternoon. Home sales data due on Wednesday is expected to come negative for the economy further pressurizing the stock market.

 
BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
NQ Mobile ADS
06.49
12.48
Herbalife
44.09
09.65
Alpha Natural Resources
02.88
06.67
C1 Financial
18.49
06.33
McEwen Mining
02.21
06.25

 



BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Cheetah Mobile ADS
20.03
14.40
CarMax
47.80
09.49
ITT Educational Services
04.32
08.86
Higher One Holdings
03.12
08.24
Lentuo International
02.04
07.27


Sunday 21 September 2014

Stock pick of the day : PHILIP MORRIS INTL INC

US stock pick of the day



Recommendation    :            Buy above $85.80
Target                     :            $88.20


STOCK SUMMARY:-

Philip Morris Intl Inc is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $85.80 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 $88.20.

CHART FORMATION:-
Stock is in bullish trend for near term and price is about to break above the trend line, with inverse Head and Shoulder pattern and good consolidation on daily intraday chart. Near term breach of resistance level of $85.80 is expected, which would trigger bullish sentiment in the stock to test the levels of $88.20.


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 Friday's overview

U.S. Stock market Friday's overview

US stock market ended red with slight movement. Alibaba did very well on its debut in NASDAQ, but it could not do much for the market as its gains were offset by falling technology stocks. For the week Dow rose 1.7%, the S&P rose 1.3% and the NASDAQ rose to 0.3%. With no major data due on Monday, market is expected to trade in range with less volume.



BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Alibaba Group Holdings ADS
92.99
36.75
TC Pipe Lines
65.29
10.57
Dresser- Rand Group
80.12
09.71
DRDGOLD ADS
03.13
07.19
Vina Concha y Toro ADS
41.50
05.60


BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
ITT Educational Services
04.88
36.17
North Atlantic Drilling
06.96
11.95
Kemet
04.16
11.68
CARBO Ceramics
84.72
09.77
58.com ADS
34.87
09.22

Thursday 18 September 2014

US stock pick of the day : Boeing CO


Recommendation                Buy above $129.00

Target                                   $135.50

STOCK SUMMARY:-
Boeing Co is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $129.00 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 $135.50.


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CHART FORMATION
Stock is in bullish trend for near term and price is about to break above the trend line, with inverse Head and Shoulder pattern and good consolidation on daily intraday chart. Near term breach of resistance level of $129.00 is expected, which would trigger bullish sentiment in the stock to test the levels of $135.50.





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.

U.S. Stock market today's overview

U.S. Stock market today's overview

US equity market ended on a positive note on Thursday with financial sector heavy lifting along with health care and technology. Employment data also supported the market sentiments with claims dropping to 280,000 from 316,000, marking its lowest since July. 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 %
Atlantic Power
02.45
08.89
Advanced Drainage Systems
21.44
06.83
Intrexon
20.71
06.81
Ryerson Holding
13.21
06.79
Cenveo
02.84
05.97

 

BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
USEC
01.99
21.96
Pier 1 Imports
12.66
18.53
Rite Aid
05.41
18.52
Waiter Energy
02.94
14.53
Five Star Quality Care
03.59
11.14