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Monday, 4 August 2014

US equity market could close on positive note after a choppy trade


US Market Overview: -

US equity market could close on positive note after a choppy trade while in Monday. During this year it is observed that whenever a sell off is observed, people jump straight into buy once the market industry stabilizes. After a big fall last week it was impressive to see market recover daily. Manufacturing Index is now due on Tuesday which is expected to support the market industry with bullish emotion.



BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Pike
11.83
48.62
Trex
33.00
15.10
Autohome ADS
41.64
10.33
Textura
26.79
09.44
Bonanza Creek Energy
59.22
09.28

BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Demand Media
09.94
62.13
ITT Educational Services
07.72
46.05
Alere
34.75
13.02
U.S. Cellular
33.61
10.35
Chegg
05.89
08.54



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