Stock Market Overview for 05/24/2010

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 25, 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 Odyssey HealthCare (ODSY)
2 Bridgford Foods (BRID)
3 Funtalk China Holdings (FTLK)
4 Origin Agritech (SEED)
5 Coleman Cable (CCIX)
6 Citizens South Banking (CSBC)
7 Gentiva Health Services (GTIV)
8 Caribou Coffee (CBOU)
9 U.S. Home Systems (USHS)
10 Hudson Highland Group (HHGP)
11 MHI Hospitality (MDH)
12 Himax Technologies ADS (HIMX)
13 LJ International (JADE)
14 Abraxis BioScience (ABII)
15 Trubion Pharmaceuticals (TRBN)
16 Transition Therapeutics (TTHI)
17 Convio (CNVO)
18 Physicians Formula Holdings (FACE)
19 Benihana (BNHN)
20 CFS Bancorp (CITZ)

Top Percentage Gainers NYSE
1 China Eastern Airlines ADS (CEA)
2 Landry's Restaurants (LNY)
3 Longtop Financial Technologies ADS (LFT)
4 Xinyuan Real Estate ADS (XIN)
5 Sprint Nextel (S)
6 Entravision Communications (EVC)
7 China Education Alliance (CEU)
8 Acorn International ADS (ATV)
9 American Axle&Manufacturing Holdings (AXL)
10 CPI (CPY)
11 Scorpio Tankers (STNG)
12 Omega Protein (OME)
13 Lee Enterprises (LEE)
14 Silvercorp Metals (SVM)
15 Woori Finance Holdings ADS (WF)
16 Developers Diversified Realty Dep. Shrs(DDRH)
17 Chemed (CHE)
18 Guangshen Railway ADS (GSH)
19 China Southern Airlines ADS (ZNH)
20 Advance America Cash Advance Centers (AEA)

For Market TA analysis

Support for the SPX remains at 1058 and then 1046, with resistance at 1090 and then 1107.I  don't like end of the action Monday's close. I am watching spx 1058 level and dow 10k.Let see the next week market what  SPX do.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 05/25 SPX resistance , pivot & support

Resistance R3 1107.20, R2 1096.01, R1 1084.83

Pivot Point 1078.76

Support     S1 1067.58, S2 1061.51, S3 1050.33

 

Market Outlook

Major Markets Close Change % Chg

$NYA NYSE Composite 6,666.74 -108.71 -1.60%
$COMPQ Nasdaq Composite 2,213.55 -15.49 -0.69%
$INDU Dow Industrial 10,066.57 -126.82 -1.24%
$XAX AMEX Composite 1,732.99 -10.95 -0.63%
$TRAN Dow Transports 4,199.52 -42.07 -0.99%
$UTIL Dow Utilities 358.50 -3.29 -0.91%
Major Indices Close Change % Chg

$SPX S&P 500 1,073.65 -14.04 -1.29%
$RUT Russell 2000 641.21 -8.08 -1.24%
$NDX Nasdaq 100 1,815.28 -7.49 -0.41%
$OEX S&P 100 488.11 -6.20 -1.25%
$SML S&P Small Caps 344.92 -4.60 -1.32%
$MID S&P Mid Caps 742.15 -7.82 -1.04%
$DJA Dow Composite 3,458.70 -38.83 -1.11%
$RUI Russell 1000 591.91 -7.44 -1.24%
$RUA Russell 3000 634.65 -7.99 -1.24%
$VLE Value Line 2,337.28 -26.17 -1.11%
$WLSH Wilshire 5000 11,257.14 -139.26 -1.22%

Commodities Closing Price

Gold Close - 1182

Oil Close -    68.02

Natural Gas Close -4.23

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