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Monday 18 August 2014

US equity market finished higher on Monday


USA Current market Overview: -
US equity market finished higher on Monday, the Dow seemed to be up 175 points on the list of largest single day moves this season. While the anxiety in Ukraine along with other geopolitical concerns aare expanding louder, optimist are receiving the day currently. Companies are demonstrating good earnings with us economy getting better and that is the root cause for that movement. Building permits together with CPI m/m data are due on Tuesday need to send positive signals available in the market to help bulls take over the market just as before.

BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
NeopPhotonics
03.09
14.87
Dollar General
64.15
11.64
Care.com
09.26
9.46
LightInTheBox Holding ADS
06.70
8.59
Daqo New Energy ADS
35.93
08.45

BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Fabrinet
14.53
18.14
Cheetah Mobile ADS
26.52
06.59
Xinyuan Real Estate ADS
03.42
04.74
Eclipse Resources
18.40
04.42
Trupanion
08.68
04.14




INDICATORS:-

RSI is trading with positive bias and in MACD signal line is sustaining over MACD line which is

indicating bullish sentiment in the stock.




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