Wallstreet overview

Wallstreet Overview

U.S. stock market ended on a bullish note on Tuesday with equity indexes going up steadily throughout the day with the S&P 500 turning positive for the month of October. The sharp rebound off the mid-October low was predicated on the belief that the Federal Reserve will not rush to hike the fed funds rate after asset purchases under Quantitative Easing program end. The Federal open market committee is expected to announce its final $15 billion taper tomorrow while the accompanying policy statement will be scrutinized for clues concerning the expected rate path.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Harvest Natural Resources	03.97	33.67
Cliffs Natural Resources	11.29	22.19
Aerohive Networks	05.76	18.52
GOL Linhas Aereas Inteligentes ADS	05.08	16.51
Navios Maritime Holdings	05.83	13.42

 

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
NQ Mobile ADS	08.00	15.43
Pioneer Energy Services	09.08	11.24
Ducommun	25.72	10.76
Twitter	43.78	09.84
Sanofi ADS	48.07	08.99

Wall street stock pick of the day : CBRE GROUP INC

Stock pick of the day

Recommendation    :            Buy above $30.75
Target                     :           $32.25

STOCK SUMMARY:-
 

CBRE Group 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 $32.25.

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CHART FORMATION
 

 

Stock is in bullish trend for near term and price is testing the resistance level with breakout above the 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 $32.25.

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 stock analysis

NYSE Building

U.S. stock market ended on a flat note on Monday, pausing after the S&P 500's biggest weekly gain since January 2013, while energy shares fell with another decline in oil prices. The Dow Jones Industrial Average rose 11.05 points, or 0.07%, to 16816, the S&P 500 lost 3.06 points or 0.16% to 1961.52 and the NASDAQ Composite added 2.22 points or 0.05% to 4485.93. Core Durable Goods and Consumer Confidence data is due on Tuesday which is expected to come positive for the economy providing bulls excess room to rule the market.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Accuride	04.66	08.88
Heritage Insurance Holdings	17.00	07.46
Build-A-Bear Workshop	16.55	06.84
DRDGold ADS	03.15	06.78
JMP Group	06.78	06.77

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Petroleo Brasileiro ADS A	11.49	14.64
Petroleo Brasileiro ADS	11.16	13.69
Centrais Electricas Brasileiras ADS	02.21	11.95
Companhia Energetica de Minas Gerais- Cemig ADS	05.53	11.52
Jones Energy CI A	10.67	10.79

FTSE stock pick of the day St. James's Place

FTSE stock pick of the day

RECOMMENDATION BUY

TARGET 725

The primary trend of St. James Place Plc Ord is Bearish and from last few trading session stock is showing strength for buying and looking strong on charts. Stock is facing support from the level 650 sustaining above that can show northward journey.One can initiate the long position in the stock above the level of 671 with Sl 650 for the target 725.

CHART FORMATION:-

Stock is forming inverse H&S pattern which is reversal pattern , crossing of the neck line it can give test the level of 725 .

Stock is sustaining above 50 DMA and facing support from 200 DMA crossing of it can show upside movement

Technical Chart

INDICATORS:-

RSI is trading near to the level of 50 and showing consolidation , Breaching of the resistance level can manage to test the level of 70.

In ADX is trading near to25 level , Positive DI is about to give the break out above negative with positive bias.

Macd & Signal line is about to give break out above Zero level line which is indicating strength in the stock.

FTSE stocks overview

London Stock Exchange

The FTSE Friday's session ended on a positive note after a week of volatile and largely negative trading.

The top tier index settled 114.38 points higher at 6,310.29, limiting the week's losses to 32.63, or 0.51%.

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Through out the week index has shown negative bias and made a low at 6071 but at the last day of week it showed recovery and closed at 6310.

On intra day charts RSI has given the break out above the level of 50 and index is sustain above 50 DMA & 200 DMA with positive bias.

In upcoming session it can show further recovery crossing of 6400 level it can test the level of 6600 with the support of 6100.

TOP GAINER

Name	Close Price	Change %
Man Group	117.9	5.55
Sainsbury	244.8	5.06
Smith & Nephew	946.5	4.47
Sabmiller	3286.5	4.13
Aviva	494.5	3.86

TOP LOSER

Name	Close Price	Change %
Rolls-Royce Hldgs	832	-11.54
Astrazeneca	4186.5	-0.91
Gusbourne	76	-0.65
B Sky B Group	849	-0.12
Pearson	1365	-0.11

NSYE stock pick of the day : TYSON FOOD INC

NYSE stock pick for the upcoming session

Recommendation   :             Sell Below $37.00
Target                       :             $35.50

STOCK SUMMARY:-

Tyson Food Inc is overall in consolidate trend and is sustaining at higher levels on chart. Traders can short the stock below the level of $37.00 which is a near term support level for the stock, and if it manages to breach this level further bearish movement is expected in this stock to test the levels of $35.50.

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CHART FORMATION

Stock is in consolidate trend for near term and price is testing the support level below the trend line with good consolidation on daily intraday chart. Near term breach of support level of $37.00 is expected, which would trigger further bearish sentiment in the stock to test the levels of $35.50.

stock pick analysis chart

INDICATORS:-

RSI is trading with negative bias and is sustaining below the level of 50.
In MACD, signal line is sustaining below MACD line which  is indicating bearish sentiment in the stock.

NYSE stock insights

Insights of NYSE stocks

NYSE stocks ended on a positive note on Friday with slew of earnings coming next two weeks, including big names such as Apple and Coca-Cola. With unemployment coming back under 6% and jobless claims coming this week was at lowest since 2000. Consumer sentiments are positive and has also hit highest level in the last seven years but, at the worst market dip. With no major data due on Monday market is expected to continue its bullish movement with less volume.

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 BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
ITT Educational Services	09.19	64.99
Wayfair CI A	26.87	12.47
Empressa Distribuidora y Commmercializadora Norte	11.04	11.97
Valhi	05.79	11.56
Intelsat	17.60	10.28

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Hill International	03.01	15.69
Resolute Energy	03.75	14.38
EXCO Resources	02.68	13.27
Alpha Natural Resources	01.99	13.10
Harvest Natural Resources	03.08	11.75