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Monday 7 July 2014

US equity market dropped on Monday with estimates


US equity market dropped on Monday with estimates of the Federal Reserve to raise interest rates.This small-cap companies tumbled the most in two months with interest rate hike forecast with the Federal Reserve to improve rates to another quarter of 2015. FOMC member Kocherlakota speech arrives on Tuesday, which if accompanied using the interest rate hike statement could create the bears dominate the market eventually.

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Higher One Holdings
04.40
10.55
Amrep
06.88
08.35
Maui Land & Pineapple
07.41
08.33
Telekomunikasi Indonesia ADS
44.34
06.03
Taomee Holdings ADS
05.27
05.97

BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
USEC
06.04
17.60
Doral Financial
06.13
16.99
Voxeljet ADS
21.38
11.87
Goodrich Petroleum
22.92
09.44
Gas Log
28.23
08.40


STOCK SUMMARY: --
CA Inc is usually overall in consolidate trend and is particularly sustaining at decrease levels on chart. Traders can purchase the stock above the degree of $29. 50 a near term resistance level with the stock, and if this manages to break the rules of this level bullish activity is expected on this stock to test the amounts of $31. 50.
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