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Friday, May 28, 2010

Stock Market Overview for 05/28/2010

Friday, 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 June 01, 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 CKX (CKXE)
2 Waccamaw Bankshares (WBNK)
3 Arabian American Development (ARSD)
4 WSB Holdings (WSB)
5 Netlist (NLST)
6 Origin Agritech (SEED)
7 Sypris Solutions (SYPR)
8 MGP Ingredients (MGPI)
9 HopFed Bancorp (HFBC)
10 Limoneira (LMNR)
11 Ener1 (HEV)
12 Hydrogenics (HYGS)
13 21st Century Holding (TCHC)
14 Alimera Sciences (ALIM)
15 Take-Two Interactive Software (TTWO)
16 Provident Financial Holdings (PROV)
17 Reliv International (RELV)
18 DDi (DDIC)
19 Southcoast Financial (SOCB)
20 Summit State Bank (SSBI)

Top Percentage Gainers NYSE
1 Xinyuan Real Estate ADS (XIN)
2 Quanex Building Products (NX)
3 Media General Cl A (MEG)
4 Flagstar Bancorp (FBC)
5 3PAR (PAR)
6 Grupo TMM ADS (TMM)
7 FTI Consulting (FCN)
8 CompX International Cl A (CIX)
9 Venoco (VQ)
10 Hill International (HIL)
11 Brasil Telecom ADS (BTMC)
12 Pep Boys-Manny Moe&Jack (PBY)
13 Esterline Technologies (ESL)
14 Natuzzi ADS (NTZ)
15 PMI Group (PMI)
16 Reddy Ice Holdings (FRZ)
17 J. Crew Group (JCG)
18 MBIA (MBI)
19 Genesco (GCO)
20 Boston Beer Cl A (SAM)

For Market TA analysis

Stocks made some dramatic swings this session, but the broader market failed to find enough support to prevent a sharp loss that secured its worst monthly performance since February 2009.The major equity averages traded in negative territory for the entire session as many buyers took a break after the S&P 500 surged more than 3% in the prior session. Many were also inclined to get an early start on the long, holiday weekend (U.S. markets will be closed on Monday in observance of Memorial Day).

Support for the SPX remains at 1060 and then 1041, with resistance at 1090 and then 1102.I don't like end of the action Friday's close. 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 06/01 SPX resistance , pivot & support
Resistance R3 1120.40, R2 1110.07, R1 1099.74
Pivot Point 1092.26
Support     S1 1081.93, S2 1074.45, S3 1064.12

FOR Weekly 06/01-06/04  SPX resistance , pivot &, support
Resistance R3 1266.26, R2 1140.64, R1 1115.02
Pivot Point 1077.90
Support      S1 1052.28, S2 1015.16, S3 989.54


Market Outlook
Major Markets Close Change % Chg
$NYA NYSE Composite 6,791.57 -101.72 -1.48%
$COMPQ Nasdaq Composite 2,257.04 -20.64 -0.91%
$INDU Dow Industrial 10,136.63 -122.36 -1.19%
$XAX AMEX Composite 1,780.16 -17.78 -0.99%
$TRAN Dow Transports 4,336.06 -45.92 -1.05%
$UTIL Dow Utilities 361.19 -0.60 -0.17%

Major Indices Close Change % Chg
$SPX S&P 500 1,089.41 -13.65 -1.24%
$RUT Russell 2000 661.61 -8.90 -1.33%
$NDX Nasdaq 100 1,852.39 -10.32 -0.55%
$OEX S&P 100 493.06 -6.02 -1.21%
$SML S&P Small Caps 353.31 -4.79 -1.34%
$MID S&P Mid Caps 762.76 -8.67 -1.12%
$DJA Dow Composite 3,509.40 -34.39 -0.97%
$RUI Russell 1000 601.79 -7.28 -1.20%
$RUA Russell 3000 646.04 -7.89 -1.21%
$VLE Value Line 2,400.48 -29.82 -1.23%
$WLSH Wilshire 5000 11,466.30 -139.96 -1.21

Commodities Closing Price
Gold Close - 1212.70
Oil Close -     74.17
Natural Gas Close -4.35
 
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