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Monday, May 17, 2010

Stock Market Overview for 05/17/2010

Monday, 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 18, 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 Virtual Radiologic (VRAD)
2 TTI Team Telecom International (TTIL)
3 Deer Consumer Products (DEER)
4 Corinthian Colleges (COCO)
5 P&F Industries Cl A (PFIN)
6 ARCA biopharma (ABIO)
7 Craft Brewers Alliance (HOOK)
8 K-Swiss Cl A (KSWS)
9 Escalade (ESCA)
10 NightHawk Radiology Holdings (NHWK)
11 Sequenom (SQNM)
12 Career Education (CECO)
13 Apollo Group Cl A (APOL)
14 Silicon Image (SIMG)
15 Sonus Networks (SONS)
16 Tengion (TNGN)
17 1-800-FLOWERS.COM Cl A (FLWS)
18 Tuesday Morning (TUES)
19 West Bancorp (WTBA)
20 Osteotech (OSTE)

Top Percentage Gainers NYSE
1 GLG Partners (GLG)
2 Pactiv (PTV)
3 Gerber Scientific (GRB)
4 TRC Cos. (TRR)
5 Standard Register (SR)
6 Western Refining (WNR)
7 Maui Land&Pineapple (MLP)
8 Vaalco Energy (EGY)
9 Lydall (LDL)
10 Lithia Motors Cl A (LAD)
11 Universal Health Services Cl B (UHS)
12 Volt Information Sciences (VOL)
13 ITT Educational Services (ESI)
14 RRI Energy (RRI)
15 Ciber (CBR)
16 Movado Group (MOV)
17 Consolidated Graphics (CGX)
18 CDI (CDI)
19 NCI Building Systems (NCS)

For Market TA analysis
The stock market drifted from a modest gain in the early going to a loss of more than 1%, but market participants gradually bid stocks higher in the second half of the session. In the end, the three major indices settled with slight gains.Sellers showed strength for the first part of the session. Their efforts had taken more than 80% of the names in the S&P 500 into negative territory.

Support for the SPX holds at 1136 and then 1114, 1107, with resistance at 1146 and then 1168.Normaly week OE market always go up let see.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 05/18 SPX resistance , pivot & support
Resistance R3 1168.80, R2 1158.18, R1 1147.56
Pivot Point 1131.26
Support    S1 1120.64, 1104.34, S3 1093.72
Market Outlook
Major Markets Close Change % Chg
$NYA NYSE Composite 7,063.83 -13.81 -0.20%
$COMPQ Nasdaq Composite 2,354.23 +7.38 +0.31%
$INDU Dow Industrial 10,625.83 +5.67 +0.05%
$XAX AMEX Composite 1,832.22 -16.48 -0.89%
$TRAN Dow Transports 4,479.08 -8.65 -0.19%
$UTIL Dow Utilities 379.49 -0.33 -0.09%

Major Indices Close Change % Chg
$SPX S&P 500 1,136.94 +1.26 +0.11%
$RUT Russell 2000 695.71 +1.73 +0.25%
$NDX Nasdaq 100 1,915.45 +8.35 +0.44%
$OEX S&P 100 516.33 +0.14 +0.03%
$SML S&P Small Caps 374.19 +2.19 +0.59%
$MID S&P Mid Caps 790.80 +1.49 +0.19%
$DJA Dow Composite 3,664.01 -1.65 -0.05%
$RUI Russell 1000 627.03 +0.63 +0.10%
$RUA Russell 3000 673.66 +0.77 +0.11%
$VLE Value Line 2,508.25 +7.25 +0.29%
$WLSH Wilshire 5000 11,950.03 +9.01 +0.08%

Commodities Closing Price
Gold Close - 1219.30
Oil Close -    70.45
Natural Gas Close -4.40

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