US Stock Pick of the Day and Technical Analysis

MATTEL INC

Stock Pick of the Day

Recommendation    :            Buy above $31.91
Target                     :           $34.50

STOCK SUMMARY:-
Mattel Inc is overall in consolidate trend and is sustaining at lower levels on chart. Traders can buy the stock above the level of $31.91 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 $34.50.

CHART FORMATION
Stock is in bullish trend for near term and price is sustaining below trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $31.91 is expected, which would trigger further bullish sentiment in the stock to test the levels of $34.50.

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.

Crude Falls, US Stock Market Ends Flat

NYSE

U.S. stock market ended on a flat note on Black Friday with falling crude oil prices. An index of oil and gas exploration tumbled 8.15% on Friday as US crude fell almost 10% to around $66.36 per barrel to hit its lowest in 4-1/2 years. The overall energy sector of the S&P 500 fell 6.3% on Friday, adding to its year-to-date losses, now at 10.3%. Manufacturing data is due on Monday, which is expected to come positive for the economy to maintain the sustained bullish trend in the market by investors.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
United Continental Holdings	61.23	08.18
Zhaopin ADS	15.12	07.31
Southwest Airlines	41.82	06.47
China Eastern Airlines ADS	24.85	05.79
China Southern Airlines ADS	22.53	05.77

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Goodrich Petroleum	06.05	34.24
Laredo Petroleum	10.45	33.52
Resolute Energy	01.88	31.14
Swift Energy	04.50	29.80
Sanchez Energy	11.29	29.48

US Stock Market Analysis and Next Session Predictions

U.S. stock market ended on a positive note on Wednesday boosted by tech shares. The S&P 500 and Dow Jones industrial average closed at record highs, while the energy sector had the highest weight on market. The Dow Jones industrial average rose 12.75 points or 0.07% to close at 17827.69, the S&P 500 gained 5.76 points or 0.28%  to close at 2072.79 and the NASDAQ Composite added 29.07 points or 0.61% to close at 4787.32. With half day trading session on Friday, market is expected to trade in a range with less volume.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
UBS Group Wi	23.20	32.70
American Realty Investors	05.99	14.31
Veeva Systems	32.43	12.45
E-House Holdings ADS	09.89	09.71
China Life Insurance ADS	52.37	09.26

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Sea drill	16.09	22.28
North Atlantic Drilling	02.66	16.09
Diamond Offshore Drilling	32.35	10.54
FMSA Holdings	11.51	10.15
Fortuna Silver Mines	04.51	07.96

CONAGRA FOODS INC

Technical Chart

Recommendation    :            Buy above $35.91
Target                     :            $37.50

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 $35.91 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 $37.50.

CHART FORMATIONStock is in bullish trend for near term and price is sustaining above trend line with good consolidation on daily intraday chart. Near term breach of resistance level of $35.91 is expected, which would trigger further bullish sentiment in the stock to test the levels of $37.50.

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 and Stock Pick of the Day

US equity market ended little changed on Tuesday as the US economy grew more than expected last quarter. Weak consumer confidence and house price data kept major indexes in a narrow range. The Dow Jones industrial average fell 2.83 points or 0.02% to close at 17815.07, the S&P 500 lost 2.28 points or 0.11% to close at 2067.13 and the NASDAQ Composite added 3.36 points or 0.07% to close the day at 4758.25. Core durable goods, Employment claims and Home sales data are due on Wednesday, which might cause volatility in market with high volume.


Stock Pick for the day : ADOBE SYS INC

Technical Chart

Recommendation    :           Buy above $72.55
Target                     :           $74.50

STOCK SUMMARY:-Adobe Sys Inc is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $72.55 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.

CHART FORMATION
Stock is in bullish trend for near term and price is sustaining below resistance trend line with bullish flag pattern formation on daily intraday chart. Near term breach of resistance level of $72.55 is expected, which would trigger further 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.

US Stock Market Overview

U.S. stock market closed on a positive note on Monday on hopes that China will take monetary policy further, if needed. The Dow Jones industrial average rose 7.39 points or 0.04% to close at  17817.45, the S&P 500 gained 5.94 points or 0.29% to close at 2069.44 and the NASDAQ Composite added 41.92 points or 0.89% to 4754.89. Although DOW & S&P are trading at their record highs but they were not able to break the benchmark level which was set last Friday. Consumer Confidence and GDP data are due on Tuesday, which are expected to come positive for the US economy, to take the market set new highs.

NATIONAL OIL WELL VARCO INC

Technical Chart

Recommendation     :          Buy above $74.50
Target                     :           $76.50
STOCK SUMMARY:-National Oil Well Varco Inc is overall in consolidate trend and is sustaining at lower 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 FORMATIONStock is in bullish trend for near term and price is sustaining above resistance trend line with symmetrical triangle pattern formation on daily intraday chart. Near term breach of resistance level of $74.50 is expected, which would trigger further bullish sentiment in the stock to test the levels of $76.50.

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.

NZD USD Forex Technical Report

Daily Technical Report

Pivot Points

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.2369	1.2366	1.2369	1.2366	1.2369	1.2366	1.2369
GBP/USD	1.5643	1.5640	1.5643	1.5640	1.5643	1.5640	1.5643
USD/JPY	117.51	117.62	117.72	117.83	117.92	118.03	118.12
USD/CHF	0.9668	0.9682	0.9700	0.9714	0.9732	0.9746	0.9764
AUD/USD	0.8658	0.8663	0.8672	0.8677	0.8686	0.8691	0.8700
EUR/GBP	0.7895	0.7899	0.7904	0.7908	0.7913	0.7917	0.7922
USD/CAD	1.1216	1.1223	1.1228	1.1235	1.1240	1.1247	1.1252
NZD/USD	0.7871	0.7875	0.7882	0.7886	0.7893	0.7897	0.7904

Today's Chart: NZD/USD ( DAILY )

SUMMARY:

The secondry trend of NZD/USD is bearish, but prices are not sustaining on lower levels the pair is sustaining below the falling trendline & consolidating with a positive bias. If NZD/USD breaches the level of 0.7980 & sustains above it then we can expect it to come up to the levels of 0.8090. I n it daily chart 30 DMA is working as a support & prices can come up to test 200 DMA. RSI is sustaining in buying territory & indicating the upcoming buying in the pair.

In MACD , MACD line has recently breach the zero line, supporting the upside movement for next few sessions.

STRATERGY :- For this week, NZD/USD is looking strong on charts. Indicators also supporting the same. One can go for buy on dips strategy for this pair for intra day to mid term positions.

NYSE Stocks Overview

NYSE Overview

U.S. stock market closed on a bullish note on Thursday, pushing the DOW and S&P 500 to fresh record closing highs, as data showed further strength in the US economy. The Dow Jones industrial average rose 30.6 points or 0.17% to close at 17716.33, the S&P 500 gained 3.98 points or 0.19% to 2052.7 and the NASDAQ Composite added 26.16 points or 0.56% to close at 4701.87. With no important data on Friday, market is expected to trade range bound with less volume.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Nuverra Environmental Solutions	08.99	12.66
Midstates Petroleum	02.94	10.94
Arch Coal	02.54	10.43
Callon Petroleum	06.50	10.36
Ocwen Financial	23.46	10.16

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Jumei International Holding ADS	19.54	12.10
Enzo Biochem	04.18	07.11
CGG ADS	09.82	06.92
Donaldson	39.99	06.46
Mobileye	43.87	06.16

Today's Forex Technical Report

Daily Technical Report

Pivot Points

	S3	S2	S1	PIVOT	R1	R2	R3
EUR/USD	1.2421	1.2466	1.2510	1.2555	1.2599	1.2644	1.2688
GBP/USD	1.5474	1.5531	1.5607	1.5664	1.5740	1.5797	1.5873
USD/JPY	115.93	116.37	117.18	117.62	118.43	118.87	119.68
USD/CHF	0.9456	0.9493	0.9531	0.9568	0.9606	0.9643	0.9681
AUD/USD	0.8448	0.8523	0.8571	0.8646	0.8694	0.8769	0.8817
EUR/GBP	0.7926	0.7956	0.7981	0.8011	0.8036	0.8066	0.8091
USD/CAD	1.1233	1.1262	1.1301	1.1330	1.1369	1.1398	1.1437
NZD/USD	0.7728	0.7782	0.7818	0.7872	0.7908	0.7962	0.7998

Today's Chart: AUD/USD ( HOURLY )

SUMMARY:

The primary trend of AUD/USD is bearish, it has formed a falling wedge in its hourly chart which is expected to give breakout at upside. If AUD/USD breaks the level of 0.8610 & sustains above it then, can come up to the levels of 0.8660 in today's session. Prices are taking support of 30 DMA & can come up to test 200 DMA. RSI & Stochastic is also supporting the buying for intraday positions.

Technical Chart

STRATERGY :- AUD/USD is looking strong on charts. Indicators are also supporting the same. One can go for buy on dips strategy for this pair for intra day to mid term positions

NYSE Last Session Overview

U.S. stock market closed flat on Wednesday with concerns over latest policy meeting by the Federal reserve. The stock market rallied shortly after the Fed minutes release at 2 pm. The Dow rose 30 points before falling back with investors concern over interest rate hike in early 2015. The Fed also cut its inflation outlook for the fourth quarter and early next year due to falling oil prices. The lack of inflation could allow the Fed to hold off a little while longer before deciding to raise rates. Employment report along with consumer price data is due on Thursday, which are expected to support the bulls to take the equity market at new highs.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
CGG ADS	10.58	23.02
Stage Stores	18.78	19.31
China Distance Education Holdings ADS	17.70	18.24
Roundys	03.88	12.14
Centrais Electricas Brasileiras ADS	02.28	11.22

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
North Atlantic Drilling	03.16	20.40
Cliffs Natural Resources	08.22	19.44
Constellium CI A	17.85	14.88
Leju Holdings ADS	12.08	14.69
E-House Holdings ADS	08.48	10.97