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Wednesday, May 12, 2010

Stock Market Overview for 05/12/2010

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 13, 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 Metabolix (MBLX)
2 China Wind Systems (CWS)
3 IntriCon (IIN)
4 Netlist (NLST)
5 Waccamaw Bankshares (WBNK)
6 Hackett Group (HCKT)
7 CFS Bancorp (CITZ)
8 Exelixis (EXEL)
9 SciClone Pharmaceuticals (SCLN)
10 China Biologic Products (CBPO)
11 Achillion Pharmaceuticals (ACHN)
12 Pacer International (PACR)
13 Broadpoint Gleacher Securities Group (BPSG)
14 Petroleum Development (PETD)
15 Nexstar Broadcasting Group Cl A (NXST)
16 Progenics Pharmaceuticals (PGNX)
17 First M&F (FMFC)
18 Neurocrine Biosciences (NBIX)
19 Town Sports International Holdings (CLUB)
20 Spartan Motors (SPAR)

Top Percentage Gainers NYSE
1 Sybase (SY)
2 Furmanite (FRM)
3 Grupo Radio Centro ADS (RC)
4 NCI Building Systems (NCS)
5 China Digital TV Holding ADS (STV)
6 BlueLinx Holdings (BXC)
7 Louisiana-Pacific (LPX)
8 Pier 1 Imports (PIR)
9 Neenah Paper x (NP)
10 Trex (TREX)
11 Panhandle Oil&Gas (PHX)
12 Ruby Tuesday (RT)
13 Martha Stewart Living Omnimedia (MSO)
14 Universal Travel Group (UTA)
15 Polypore International (PPO)
16 Rockwood Holdings (ROC)
17 Liz Claiborne (LIZ)
18 Eastman Kodak (EK)
19 Standard Motor Products x (SMP)
20 Cascade (CASC)
 
For Market TA analysis
Broad-based buying boosted stocks to their best levels of the week, but the S&P 500 now now faces a key technical line.

Gains began to mount as the session progressed. The S&P 500 had a bit of trouble near the 1170 line, but the broad market measure inevitably pushed past the point of resistance. Though the stock market was able to hold that level and close above it, the 50-day moving average represents a more formidable challenge at 1173.For going forward,Support for the SPX jumps to 1146 and then 1136, with resistance at 1168 and then 1176.I do think this week market could up & down like last week.I will be careful here.All chart broken  their  resistance and support level how to trade now that will be big question now.We could see 200-300 points up/down days are coming in next few days, it will be same like last  year. So we should trade small lot.Take a look all 1/5/15/60m chart if we want to trade this market.

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 05/13 SPX resistance , pivot & support
Resistance R3 1190.31, R2 1184.09, R1 1177.88
Pivot Point 1166.65
Support     S1 1160.44, 1149.21, S3 1143.00
Market Outlook
Major Markets Close Change % Chg
$NYA NYSE Composite 7,316.36 +94.70 +1.31%
$COMPQ Nasdaq Composite 2,425.02 +49.71 +2.09%
$INDU Dow Industrial 10,896.91 +148.65 +1.38%
$XAX AMEX Composite 1,901.18 +19.93 +1.06%
$TRAN Dow Transports 4,657.86 +96.81 +2.12%
$UTIL Dow Utilities 384.84 +2.44 +0.64%

Major Indices Close Change % Chg
$SPX S&P 500 1,171.67 +15.88 +1.37%
$RUT Russell 2000 716.11 +20.63 +2.97%
$NDX Nasdaq 100 1,975.58 +35.10 +1.81%
$OEX S&P 100 531.75 +6.20 +1.18%
$SML S&P Small Caps 382.44 +10.79 +2.90%
$MID S&P Mid Caps 816.10 +17.76 +2.22%
$DJA Dow Composite 3,765.93 +54.76 +1.48%
$RUI Russell 1000 646.35 +9.44 +1.48%
$RUA Russell 3000 694.33 +10.98 +1.61%
$VLE Value Line 2,581.81 +60.01 +2.38%
$WLSH Wilshire 5000 12,318.41 +193.17 +1.59%

Commodities Closing Price
Gold Close - 1239.10
Oil Close -    75.54
Natural Gas Close -4.27

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