NYSE Stock Pick of the Day : ANALOG DEVICES INC

NYSE Stock Pick of the Day

Recommendation    :           Buy above $50.75
Target                      :           $52.50

STOCK SUMMARY:-Analog Devices Inc is overall in consolidate trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $50.75 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 $52.50.

CHART FORMATIONStock 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 $50.75 is expected, which would trigger further bullish sentiment in the stock to test the levels of $52.50.

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.

NYSE Stocks Review

 

NYSE Stocks Review

U.S. stock market ended higher on Monday despite of weaker than expected industrial production and capacity utilization data. Market opened the week on a bullish note and sustained at its higher levels till the end of the session. Purchasing price index data is due on Tuesday which is expected to come positive for the overall economy giving support to the bulls to test the market at new higher levels.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Niska Gas Storage Partners	05.16	13.14
Baker Hughes	65.35	09.12
TCP International Holdings	05.71	08.97
Exterran Holdings	36.52	08.16
Associated Estates Realty	21.17	07.68

 

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
William Lyon Homes	19.36	14.59
China Eastern Airlines ADS	21.12	10.96
Denbury Resources	09.98	10.89
Halliburton	49.11	10.84
Bill Barrett	12.71	09.89

US Stock Pick of the Day : CPFIZER INC

Stock Pick of the Day

Recommendation     :           Buy above $30.75
Target                     :          $32.50

STOCK SUMMARY:-
Pfizer Inc is overall in consolidate trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $30.75 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 $32.50.

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 $30.75 is expected, which would trigger further bullish sentiment in the stock to test the levels of $32.50.

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 Overview

US stock market

U.S. stock market ended lower on Friday with health-care shares sank to offset gains among energy producers and investors weighed whether the recent rally in equities may have been overdone. The market has shown a big rally in October to a record on Nov.11 as corporate earnings topped estimates and economic data showed the US economy was weathering a global slowdown as the Federal Reserve ended its bond buying program. With no major data due on Monday market might trade in range with less volume to sustain its uptrend.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Pandora Media	21.51	16.59
Bitauto Holdings ADS	91.99	16.02
Intra Links Holdings	10.94	14.32
Coeur Mining	04.28	12.63
Navios Maritime Holdings	05.88	11.81

 

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Movado Group	26.25	31.84
Puma Biotechnology	216.22	09.72
American Vanguard	11.92	09.28
Ocwen Financial	20.59	08.97
Century Communities	16.96	07.78

Wall Street Pick of the Day : CONAGRA FOODS INC

Pick of the Wall Street

Recommendation   :             Buy above $34.95
Target                     :             $39.50

STOCK SUMMARY:-
 

Conagra Foods Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $34.95 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 $39.50.

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 $34.95 is expected, which would trigger further bullish sentiment in the stock to test the levels of $39.50.

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.

US Stock Market Insights

Wall Street Analysis & Updates

U.S. stock market started the day on an bullish note with the S&P 500 rising into fresh record territory with help from three sectors that represent roughly 40% of the market. Later the major averages settled near the middle of their ranges after sliding from early highs. Unemployment data also revealed a rise in claims from 278k to 290k  for the current week which was one of the reason for the market to trade lower. Retail sales data is due on Friday, which is expected to come positive for the economy to help bulls take charge of the market.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Baker Hughes	58.98	15.69
AAC Holdings	26.82	07.28
King Digital Entertainment	15.04	07.20
Bio Amber	10.04	07.04
Cash America International	24.67	06.43

 

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Ryerson Holding	09.86	17.64
North Atlantic Drilling	04.17	15.59
Willbros Group	04.56	13.31
J.G. Wentworth CI A	09.95	11.48
Enova International	27.04	11.37

Wall Street Stock pick of the day : BEST BUY INC

Stock Pick of the Day

Recommendation    :            Buy above $35.65
Target                     :             $38.50
STOCK SUMMARY:- 
Best Buy Inc is overall in consolidate trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $35.65 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 $38.50.

CHART FORMATION 

Technical Chart

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 $35.65 is expected, which would trigger further bullish sentiment in the stock to test the levels of $38.50.

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.