US Stock Market updates and Forecast

U.S. Stock Market Overview

U.S. stock market closed on a positive note on Monday with the S&P 500 ending at a record as large-cap technology shares rose, though continued weakness in crude oil prices weighed on the energy sector. The Dow Jones industrial average gained 155.09 points or 0.87 percent to close at  17959.89, the S&P 500 rose 7.95 points or 0.38 percent to close 2078.6 and the Nasdaq Composite added 16.04 points or 0.34 percent to end the session at 4781.42. GDP and New Home sales data is due on Tuesday, which is expected to come positive for the economy to continue its bullish trend at the same pace.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
e-hi Car Services ADS	09.50	17.43
Dover Motorsports	02.80	15.23
Nevro	38.99	12.14
Skilled Health Group CI A	08.80	09.18
Knowles	21.76	07.83

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Ocwen Financial	15.93	27.26
Primero Mining	03.12	17.15
Pretium Resources	05.05	14.39
NQ Mobile ADS	03.55	13.20
Nationstar Mortgage Holdings	28.01	12.52

US Stock Pick for the Upcoming Trading Session : Facebook

Stock Pick of the Day

Recommendation                Buy Above $79.00
Target                                  $81.50

STOCK SUMMARY:-Facebook Inc is overall in bullish trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $79.00 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 $81.50.


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CHART FORMATION
Stock is in consolidate trend for near term and price is sustaining below the resistance trend line with good consolidation on daily chart. Near term breach of resistance level of $79.00 is expected, which would trigger further bullish sentiment in the stock to test the levels of $81.50.

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 ended Bearish on Friday

NYSE Insights

US stock market ended on a negative note on Friday, falling sharply with its worst weekly performance since May 2012, as investors pulled back from the markets in response to oil's free-fall and more weak data out of China. The Dow Jones industrial average fell 315.51 points or 1.79 % to close at 17,280.83, the S&P 500 lost 33 points or 1.62% to close at 2,002.33 and the Nasdaq Composite dropped 54.57 points or 1.16% to end the session at 4,653.60. With no major data due on Monday, market is expected to trade on lower level with less volume.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
New Relic	33.99	47.78
Talisman Energy	04.29	16.26
Nordic American Offshre	11.14	14.85
Teekay Tankers	05.35	14.56
Oasis Petroleum	12.33	11.58

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Shutterstock	62.51	12.78
Esterline Technologies	103.63	11.83
Mc Clatchy CIA	03.35	11.38
Walter Energy	01.80	10.45
YPF ADS	24.04	10.33

US Stock Pick of the day and analysis

EXPEDIA INC DEL

Recommendation      :          Buy above $89.26
Target                      :          $91.50

STOCK SUMMARY:-
Expedia Inc del is overall in consolidate trend and is sustaining at higher levels on chart. Traders can buy the stock above the level of $89.26 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 89.26.

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 $89.26 is expected, which would trigger further bullish sentiment in the stock to test the levels of $91.50.

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.

Stock Market ended positive as US economy got stronger

U.S. stock market ended on a on a positive note on Wednesday, as momentum for European Central Bank to launch a bond-buying program. In economic news, a reading of private sector employment showed that hiring slowed in November, though employers added more than 200,000 jobs in seven of past eight months. US economy is getting stronger as per the reports released on regular basis, and might still continue its bullish trend with the release of employment data due on Thursday.

BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Gas Log	18.62	16.74
Nevro	34.00	12.96
Titan International	10.75	11.86
Vivint Solar	09.45	11.44
New Source Energy Partners	10.89	11.24

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Cyan	02.07	15.51
Puma Biotechnology	197.67	12.15
Eclipse Resources	08.06	10.64
Cash America International	21.13	06.46
Basic Energy Services	07.04	06.26

US Stock Pick for Tuesday and its Technical Analysis

ADOBE SYS INC

Stock Pick of the Day

Recommendation    :            Buy above $74.10
Target                      :             $76.50
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 $74.10 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 FORMATION
Stock 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 $74.10 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.

US stock Market Analysis and Stock Picks

Wall Street Analysis and Predictions

U.S. stock market ended on a negative note on Monday as report from China and Europe were disappointing. Weak Black Friday sales were also weighing on markets, especially retail stocks. With tech giants price falling the NASDAQ Composite saw its steepest fall in seven weeks. Energy & Utility stocks were the only green spots on wall street. With no major data due on Tuesday market is expected to trade in a range with less volume.

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BULLS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Compania de Minas Buenaventura ADS	10.53	13.84
Primero Mining	04.55	12.07
IAMGOLD	02.35	11.37
Au Rico Gold	03.83	11.34
Coeur Mining	04.56	10.95

BEARS OF THE STREET (NYSE)

Name	Close Price ( $ )	Change %
Miller Energy Resources	01.59	31.47
Goodrich Petroleum	04.73	21.82
North Atlantic Drilling	01.94	20.16
LRR Energy	09.23	19.04
Delek Logistics Partners	30.80	16.73