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

U.S. stock pick of the day : NIELSEN N V

Stock pick of the day



Recommendation    :            Buy above $42.80
Target                     :            $44.50


STOCK SUMMARY:-
 

Nielsen N V is overall in consolidate trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $42.80 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 $44.50.

CHART FORMATION
 

Stock is in bullish trend for near term and price is sustaining below resistance trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $42.80 is expected, which would trigger further bullish sentiment in the stock to test the levels of $44.50.

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.

New York Stock exchange overview

U.S. stock market Overview

U.S. stock market again ended on a positive note on a positive note on Wednesday as stock market boosted with Republican mid term election win. Tech Companies tried to drag the market down in the first half of the session but in the second half market was able to recover to touch all time highs. Employment data is due on Thursday which is expected to help keep up the positive pace of the economy.

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Coupons.com
16.57
33.20
Paycom Software
21.15
19.29
Alpha Natural Resources
02.43
16.83
Eastman Kodak
23.48
12.51
Antero Midstream Partners
28.03
12.12

 
BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
New York
02.61
17.41
Tribune Publishing
16.39
15.38
Nu Skin Enterprises CI A
43.76
13.21
Leju Holdings ADS
13.90
13.02
ITT Educational Services
10.41
12.67

Wednesday 5 November 2014

Wall street stock of the day : GENERAL ELECTRIC CO

US market stock pick of the day
Stock pick of the day


Recommendation   :             Buy above $26.00
Target                      :            $28.50


STOCK SUMMARY:-
General Electric Co is overall in consolidate trend and is sustaining at lower levels on chart. Traders  can buy the stock above the level of $26.00 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 $28.50.

CHART FORMATION
Stock is in bullish trend for near term and price is sustaining below resistance trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $26.00 is expected, which would trigger further bullish sentiment in the stock to test the levels of $28.50.

Click to enlarge


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.

Tuesday 4 November 2014

US stock market overview
US stock market overview

U.S. stock market again ended on a bullish note for the second consecutive day on Tuesday with election prediction weighing the market. In the house, republicans appears likely to expand their majority. Investors are also looking for evidence that world's largest economy can sustain a withdrawal in central-bank stimulus. ADP Non-Farm employment change is due on Wednesday, which is expected to support the economic sustained growth.


BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Continental Building Products
16.89
18.69
Monster Worldwide
04.20
14.93
Campus Crest Communities
07.26
14.69
Nautilus
14.91
10.04
King Digital Entertainment
12.96
08.18

 
BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Herbalife
44.27
20.81
RCS Capital
10.89
20.45
Sprint
05.17
16.61
Stone Energy
20.52
15.94
Comstock Resources
09.47
15.37

Sunday 2 November 2014

NYSE stock pick of the day : BED BATH & BEYOND INC

US stock pick of the day and its coplete technical analysis
Stock of the day



Recommendation    :            Buy above $68.00
Target                     :           $70.50

STOCK SUMMARY:-
 
Bed Bath & Beyond Inc 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 good consolidation on daily intraday chart. Near term breach of resistance level of $68.00 is expected, which would trigger further bullish sentiment in the stock to test the levels of $70.50.

Detailed tecnical chart analysis of BED BATH & BEYOND INC
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.

NYSE stocks analysis

 
Stock market analysis of US, technical analysis, stock pick of the day
US stock market overview
U.S. Stock market again ended on a bullish note on Friday, to end the whole week in green. The latest numbers for GDP has also indicated that the economy is growing at a stabilized rate. With positive sign of not increasing interest rate till the start of next year has boosted the market sentiments positively. With manufacturing data due on Monday it is expected to keep up the good pace in the economy to help bulls takeover the market.



BULLS OF THE STREET (NYSE)


Name
Close Price ( $ )
Change %
Imperva
40.99
26.20
Spansion CI A
20.63
24.80
GAIN Capital Holdings
08.54
21.14
Universal Insurance Holdings
17.35
15.74
Verso Paper
02.86
15.32

BEARS OF THE STREET (NYSE)


Name
Close Price ( $ )
Change %
Regional Management
11.75
34.69
Niska Gas Storage Partners
05.81
20.08
Kinross Gold
02.15
13.45
Yamana Gold
03.96
11.21
Tempur Sealy International
52.74
10.16