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Thursday, 6 November 2014

US equity market ended green on Thursday with major stock

USA Market Overview:-


US equity market ended green on Thursday with major stock indexes closing on record highs It was helped by the indications of European Central Bank would take more policy action if needed to boost a struggling euro zone economy. Unemployment claims decreased from 288k to 278k this week which acted as a catalyst in market to support bulls. Unemployment rate is due on Friday and is expected to keep up the good pace of the market.
BULLS OF THE STREET (NYSE)


Name
Close Price ( $ )
Change %
Nevro
25.45
41.39
CGG ADS
07.32
31.65
Polypore International
53.47
24.52
Alamo Group
49.13
22.55
Kate Spade
30.95
17.84

BEARS OF THE STREET (NYSE)

Name
Close Price ( $ )
Change %
Genworth Financial CI A
08.70
38.17
Walter Investment Management
17.23
20.77
Nation Star Mortgage Holdings
28.41
20.35
Cenveo
01.75
19.35
Stonegate Mortgage
11.99
14.60

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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