Welcome to Stock Market Technical Analysis

Long term Stocks Pick Alerts

Stocks Pick in 2013 - AAPL - BAC - ANR - MCP
Hottest Stocks in 2013 - ZNHE- VISN - GTN
Hottest Penny Stocks in 2013 - CHTP -INO- GSAT

Wednesday, May 5, 2010

Stock Market Overview for 05/05/2010

Wednesday, during regular trading hours, there were many stocks that continued to break up to the upside. These stocks are usually going up  with news.If you are looking to day trade today, you might want to check out the following stocks. I usually throw these on my watch list and monitor with resistance & support levels. Below are a list of stocks that I am watching for May 06, 2010.Check out some of the My Portfolios  Top 2010 Stock Gainers - Top 2010 Penny Stocks. Also more stock to watch for today  Right Here

Top Percentage Gainers NASDAQ
1 American Medical Systems Holdings (AMMD)
2 CSP (CSPI)
3 Cinedigm Digital Cinema Cl A (CIDM)
4 First M&F (FMFC)
5 SenoRx (SENO)
6 DG FastChannel (DGIT)
7 Allied Motion Technologies (AMOT)
8 Private Media Group (PRVT)
9 Telular (WRLS)
10 Intersections (INTX)
11 Cadiz (CDZI)
12 Calamos Asset Management Cl A (CLMS)
13 Arabian American Development (ARSD)
14 IntriCon (IIN)
15 Astronics (ATRO)
16 Atmel (ATML)
17 LNB Bancorp (LNBB)
18 DDi (DDIC)
19 NewStar Financial (NEWS)
20 Optelecom-NKF (OPTC)

Top Percentage Gainers NYSE
1 ESCO Technologies (ESE)
2 TERNIUM ADS (TX)
3 Dolan Media (DM)
4 RehabCare Group (RHB)
5 Cliffs Natural Resources (CLF)
6 NetSuite (N)
7 Eastman Kodak (EK)
8 DigitalGlobe (DGI)
9 Intermec (IN)
10 Unifi (UFI)
11 Conseco (CNO)
12 Patni Computer Systems ADS (PTI)
13 Webster Financial (WBS)
14 Keithley Instruments (KEI)
15 RAIT Financial Trust (RAS)
16 WABCO Holdings (WBC)
17 Syniverse Holdings (SVR)
18 IntercontinentalExchange (ICE)
19 Delta Air Lines (DAL)
20 XL Capital Cl A (XL)
 
For Market TA analysis
Another round of highly volatile trade brought broad-based losses, but this session's slide wasn't as bad as the prior session's selloff. Still, many market participants seem to have grown increasingly skittish. The prior session's 2.4% slide was the worst single-session percentage loss since February, but stocks failed to quickly snap back as they had so many other times. Instead, sellers stepped right back in to drop the S&P 500 another 1% in the early going. The pressure pushed the benchmark index well below its 50-day moving average, which hadn't been broken for two months.Alot of stock down 20-30% down from recent high, I am keep buying when market was down sell in in raily.Support for the SPX 1168 and then 1157, with resistance now at 1176 and then 1187.After that SPX should see low 1100.I will be watch 1150 level in bullish side.

Take a look some market indicator charts- Click all charts
$SPX - 60 min
ALL QUICK LOOK INDEX DAILY CHARTS
QUICK LOOK ALL MAJOR INDEX WEEKLY
$USD
$VIX
$CPC daily
$SPX, $USD & $VIX
INDEX Bullish percent index (EOD)
Simple Trading System  
QQQQ Daily 
COMPQ 

FOR 05/06 SPX resistance , pivot & support
Resistance R3 1193.75, R2 1184.45, R1 1175.16
Pivot Point 1166.65
Support     S1 1157.36, 1148.85, S3 1139.56

Market Outlook
Major Markets Close Change % Chg
$NYA NYSE Composite 7,258.02 -79.23 -1.08%
$COMPQ Nasdaq Composite 2,402.29 -21.96 -0.91%
$INDU Dow Industrial 10,868.12 -58.65 -0.54%
$XAX AMEX Composite 1,864.97 -30.48 -1.61%
$TRAN Dow Transports 4,557.09 -64.05 -1.39%
$UTIL Dow Utilities 382.32 -2.85 -0.74%

Major Indices Close Change % Chg
SPX S&P 500 1,165.87 -7.73 -0.66%
$RUT Russell 2000 698.58 -11.12 -1.57%
$NDX Nasdaq 100 1,958.26 -10.71 -0.54%
$OEX S&P 100 531.45 -3.34 -0.62%
$SML S&P Small Caps 373.30 -5.06 -1.34%
$MID S&P Mid Caps 803.22 -8.95 -1.10%
$DJA Dow Composite 3,731.74 -31.15 -0.83%
$RUI Russell 1000 642.72 -4.73 -0.73%
$RUA Russell 3000 689.32 -5.56 -0.80%
$VLE Value Line 2,535.38 -31.82 -1.24%
$WLSH Wilshire 5000 12,230.12 -103.31 -0.84%

Commodities Closing Price
Gold Close - 1175.90
Oil Close -    79.72
Natural Gas Close -3.98

For the latest updates on the stock market, visit,