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Friday, June 4, 2010

Stock Market Overview for 06/04/2010

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 07, 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 RCM Technologies (RCMT)
2 Omni Energy Services (OMNI)
3 TechTeam Global (TEAM)
4 Martek Biosciences (MATK)
5 Citizens South Banking (CSBC
6 China Medical Technologies ADS (CMED)
7 Colony Bankcorp (CBAN)
8 ProShares UltraPro Short QQQ (SQQQ)
9 American Public Education (APEI)
10 Analysts International (ANLY)
11 Allied Motion Technologies (AMOT)
12 Intersections (INTX)
13 Comtech Telecommunications (CMTL)
14 DUSA Pharmaceuticals (DUSA)
15 Optical Cable (OCCF)
16 Comarco (CMRO)
17 First M&F (FMFC)
18 Waterstone Financial (WSBF)
19 Gentium S.p.A. ADS (GENT)
20 New England Bancshares (NEBS)

Top Percentage Gainers NYSE
1 Krispy Kreme Doughnuts (KKD)
2 Arbor Realty Trust (ABR)
3 Chiquita Brands International (CQB)
4 Centene (CNC)
5 Mindray Medical International ADS (MR)
6 MFS Special Value Trust (MFV)
7 Quiksilver (ZQK)
8 Blue Square-Israel ADS (BSI)
9 Energy Partners (EPL)
10 CorpBanca ADS (BCA)
11 MFS Intermediate High Income Fund (CIF)
12 Chemspec International ADS (CPC)
13 Spectrum Brands (SPB)
14 Carriage Services (CSV)
15 Kid Brands (KID)
16 Natuzzi ADS (NTZ)
17 John Hancock Income Securities Trust (JHS)
18 AOL (AOL)
19 Navios Maritime Acquisition (NNA)
20 Western Asset Municipal High Income Fund (MHF)

For Market TA analysis

Sellers reclaimed control of the stock market after it had put together solid back-to-back gains. The change in tone came amid renewed concerns about contagion in Europe and disappointing nonfarm payrolls data.Stocks entered Friday with a weekly gain of more than 1%, but that was dashed with this session's rout, which saw the S&P 500 drop more than 3%. That gave the stock market a weekly loss of more than 2% -- its fourth weekly loss of more than 1% in six weeks.

Support for the SPX dropped through the 1090 pivot and is now at 1058 and then 1041, with resistance at 1090 and then 1107. Short term market hit extremely oversold today. If broke 1040 could see 1000 next stop.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 06/07 SPX resistance , pivot & support
Resistance R3 1136.36, R2 1112.53, R1 1088.70
Pivot Point 1074.60
Support     S1 1050.77, S2 1036.67, S3 1012.84

FOR Weekly 06/07-06/11  SPX resistance , pivot &, support
Resistance R3 1150.84, R2 1122.18, R1 1093.53
Pivot Point 1077.01
Support      S1 1048.36, S2 1031.84, S3 1003.19

Market Outlook
Major Markets Close Change % Chg
$NYA NYSE Composite 6,600.28 -260.11 -3.79%
$COMPQ Nasdaq Composite 2,219.17 -83.86 -3.64%
$INDU Dow Industrial 9,931.97 -323.31 -3.15%
$XAX AMEX Composite 1,789.51 -41.40 -2.26%
$TRAN Dow Transports 4,157.17 -223.64 -5.10%
$UTIL Dow Utilities 354.27 -10.04 -2.76%
Major Indices Close Change % Chg
$SPX S&P 500 1,064.88 -37.95 -3.44%
$RUT Russell 2000 633.97 -33.40 -5.00%
$NDX Nasdaq 100 1,832.04 -63.62 -3.36%
$OEX S&P 100 483.42 -15.74 -3.15%
$SML S&P Small Caps 339.53 -17.15 -4.81%
$MID S&P Mid Caps 736.27 -31.45 -4.10%
$DJA Dow Composite 3,416.79 -130.33 -3.67%
$RUI Russell 1000 587.76 -21.30 -3.50%
$RUA Russell 3000 629.97 -23.69 -3.62%
$VLE Value Line 2,314.61 -105.69 -4.37%
$WLSH Wilshire 5000 11,185.97 -417.22 -3.60%

Commodities Closing Price
Gold Close - 1220
Oil Close -     71.14
Natural Gas Close -4.79

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