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Sunday, 14 September 2014

US equity market finished lower on Fri


Market place Overview: -


US equity market finished lower on Fri as energy gives you extended their recent losses. Solid US list sales and client sentiment data on Friday combined with concerns that the actual Federal Reserve could raise rates of interest sooner than anticipated. The Fed will hold a 2 day policy meeting a few weeks and economist expect that the central bank may perhaps tweak the wording over a more hawkish firmness. With no information due on Mon market is required to trade range certain with less amount.
BULLS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Noranda Aluminium Holding
05.63
32.78
China Green Agriculture
02.85
25.00
Pulse Electronics
02.68
15.52
Neophotonics
03.38
12.67
XPO Logistics
38.22
12.25

BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
HYperdynamics
02.14
09.32
North Atlantic Drilling
08.61
08.50
Rex American Resources
89.26
07.23
Petroleo Brasileiro ADS A
17.21
07.22
GOL Linhas Aereas Intelligentes ADS
06.00
07.12


INDICATORS:-
RSI is trading with positive bias and is sustaining above the level of 50. 
In MACD, signal line is sustaining above MACD line which  is indicating bullish sentiment in the stock.

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