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Wednesday, 6 August 2014

US equity market fell a lot more than 1% on Wednesday

US equity Market Overview: -

US equity market fell a lot more than 1% on Tuesday before rebounding a bit with Dow ending negative for that year. The main result in for sell-off appears to have been renewed fears in which Russia will interfere with Ukraine, as Poland's international affairs minister said this kind of offensive was impending. Energy stocks acquired especially hammered they were down more compared to twice the charge of S&P 500 as well as NASDAQ were all down a lot more than 1% before rebounding a bit.

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Chegg
07.10
20.54
U.S. Cellular
39.10
16.33
Mueller Water Products
08.86
13.44
Demand Media
11.10
11.67
Nautilus
11.58
11.13

BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Channel Advisor
16.31
29.73
Leap Frog Enterprises
06.01
18.67
Demandware
51.71
16.45
Monster Worldwide
05.59
15.56
NeoPhotonics
02.85
14.41


INDICATORS:-

RSI is trading with positive bias and in MACD signal line is about to cross over MACD line upwards 

which is indicating bullish sentiment in the stock.

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