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Wednesday 2 July 2014

US equity market was little altered

Current market Overview: -

US equity market was little altered on Wednesday being a positive read upon private sector employment hasn't been enough to get bulls prior to the closely watched June payrolls report upon Thursday. Private segment payrolls grew by means of 281, 000 in June exceeding objectives. Federal Reserve mind, Janet Yellen, said that she isn't going to currently see any must shift the central bank's focus through supporting the economy to managing monetary risk. Most awaited Lack of employment claims data is born on Thursday, which is anticipated to boost the positive sentiments throughout the economy.

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Doral Financial
07.12
76.67
USEC
10.97
48.44
First Marblehead
05.87
13.76
Greenbrier
64.54
11.83
Pulse Electronics
02.78
09.45

BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Hyperdynamics
02.93
09.78
Molycorp
02.34
08.95
Coupons.com
22.51
07.90
St.Joe
24.26
07.44
Marcus & Millichap
23.79
06.82

INDICATORS:-
RSI is trading with positive bias and in MACD signal line is about to cross over above MACD line which  is indicating  the bullish sentiment in the stock.

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