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Thursday, May 27, 2010

Stock Market Overview for 05/27/2010

Thursday, 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 28, 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 FSI International (FSII)
2 SunPower Cl B (SPWRB)
3 SunPower Cl A (SPWRA)
4 Toreador Resources (TRGL)
5 Atlantic Coast Federal (ACFC)
6 Brooklyn Federal Bancorp (BFSB)
7 Hurco (HURC)
8 TeleCommunication Systems Cl A (TSYS)
9 Rodman&Renshaw Capital Group (RODM)
10 NetApp (NTAP)
11 Universal Display (PANL)
12 Physicians Formula Holdings (FACE)
13 TTM Technologies (TTMI)
14 Limoneira (LMNR)
15 Xyratex (XRTX)
16 Sport Chalet Cl B (SPCHB)
17 Integrated Electrical Services (IESC)
18 Microvision (MVIS)
19 Union Drilling (UDRL)
20 Allied Motion Technologies (AMOT)

Top Percentage Gainers NYSE
1 Wimm-Bill-Dann Foods ADS (WBD)
2 Rex Stores (RSC)
3 VeriFone Systems (PAY)
4 Movado Group (MOV)
5 Capital Senior Living (CSU)
6 Standard Register (SR)
7 China Security&Surveillance Technology (CSR)
8 Avis Budget Group (CAR)
9 TAL International Group (TAL)
10 MPG Office Trust (MPG)
11 Newcastle Investment (NCT)
12 McClatchy Cl A (MNI)
13 Alumina ADS (AWC)
14 STR Holdings (STRI)
15 Furniture Brands International (FBN)
16 Frontline (FRO)
17 ExpressJet Holdings (XJT)
18 Radian Group (RDN)
19 Alcatel-Lucent ADS (ALU)
20 NYMagic (NYM)

For Market TA analysis
Stocks surged in high volume as market participants showed a willingness to take on risk after China conveyed a sense of confidence in Europe.

Support for the SPX remains at  1090, 1058 and then 1041, with resistance at 1107 and then 1110,1120.If SPX broke 1060 we could see test 1040 level again.I think continue Europe and renewed geopolitical tensions  affect to the market.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 05/28 SPX resistance , pivot & support
Resistance R3 1132.77, R2 1122.86, R1 1112.96
Pivot Point 1093.61
Support     S1 1083.71, S2 1064.36, S3 1054.46
Market Outlook
Major Markets Close Change % Chg
$NYA NYSE Composite 6,893.29 +261.93 +3.95%
$COMPQ Nasdaq Composite 2,277.68 +81.80 +3.73%
$INDU Dow Industrial 10,258.99 +284.54 +2.85%
$XAX AMEX Composite 1,797.95 +66.45 +3.84%
$TRAN Dow Transports 4,381.98 +134.70 +3.17%
$UTIL Dow Utilities 361.79 +7.20 +2.03%


Major Indices Close Change % Chg
$SPX S&P 500 1,103.06 +35.11 +3.29%
$RUT Russell 2000 670.51 +27.89 +4.34%
$NDX Nasdaq 100 1,862.71 +66.24 +3.69%
$OEX S&P 100 499.08 +14.96 +3.09%
$SML S&P Small Caps 358.10 +13.77 +4.00%
$MID S&P Mid Caps 771.43 +28.23 +3.80%
$DJA Dow Composite 3,543.79 +96.70 +2.81%
$RUI Russell 1000 609.07 +19.73 +3.35%
$RUA Russell 3000 653.93 +21.69 +3.43%
$VLE Value Line 2,430.32 +93.37 +4.00%
$WLSH Wilshire 5000 11,606.26 +386.55 +3.45%

Commodities Closing Price
Gold Close - 1212
Oil Close -    74.62
Natural Gas Close -4.30

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