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Thursday, June 10, 2010

Stock Market Overview for 06/09/2010

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 June 11, 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 Synutra International (SYUT)
2 Virage Logic (VIRL)
3 A-Power Energy Generation Systems (APWR)
4 Measurement Specialties (MEAS)
5 SunPower Cl B (SPWRB)
6 MHI Hospitality (MDH)
7 Green Plains Renewable Energy (GPRE)
8 Escalade (ESCA)
9 Union Drilling (UDRL)
10 SunPower Cl A (SPWRA)
11 PMA Capital Cl A (PMACA)
12 Seahawk Drilling (HAWK)
13 ZymoGenetics (ZGEN)
14 Sypris Solutions (SYPR)
15 Spartan Motors (SPAR)
16 MannKind (MNKD)
17 Shuffle Master (SHFL)
18 North Valley Bancorp (NOVB)
19 Air Transport Services Group (ATSG)
20 Neurocrine Biosciences (NBIX)

Top Percentage Gainers NYSE
1 Men's Wearhouse (MW)
2 New York (NWY)
3 Tenneco (TEN)
4 Startek (SRT)
5 Basic Energy Services (BAS)
6 Anadarko Petroleum (APC)
7 BP ADS (BP)
8 Crane (CR)
9 Yingli Green Energy Holding ADS (YGE)
10 Suntech Power Holdings ADS (STP)
11 Baker Hughes (BHI)
12 A.M. Castle (CAS)
13 Banco Bilbao Vizcaya Argentaria ADS (BBVA)
14 PMI Group (PMI)
15 Newpark Resources (NR)
16 Radian Group (RDN)
17 Frontline (FRO)
18 Banco Santander ADS (STD)
19 La-Z-Boy (LZB)
20 Western Refining (WNR)

For Market TA analysis

Better-than-expected economic data from China and Australia combined with a successful Spanish bond auction and in-line to slightly better-than-expected weekly jobs data in the U.S. were good enough reasons for U.S. equity investors buy beaten down shares.
 
The Dow Jones Industrial Average surged 273 points, with the S&P 500 up 31, and the Nasdaq higher by 60.

Support for the SPX jumps back up to 1070, 1058 and then 1041, with resistance at 1090, 1099 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 06/11 SPX resistance , pivot & support
Resistance R3 1116.93, R2 1106.90, R1 1096.82

Pivot Point 1077.82
Support     S1 1067.79, S2 1048.74, S3 1038.71

Market Outlook
Major Markets Close Change % Chg
$NYA NYSE Composite 6,783.51 +223.80 +3.41%
$COMPQ Nasdaq Composite 2,218.71 +59.86 +2.77%
$INDU Dow Industrial 10,172.53 +273.28 +2.76%
$XAX AMEX Composite 1,844.19 +43.85 +2.44%
$TRAN Dow Transports 4,271.11 +178.00 +4.35%
$UTIL Dow Utilities 368.32 +9.82 +2.74%

Major Indices Close Change % Chg
$SPX S&P 500 1,086.84 +31.15 +2.95%
$RUT Russell 2000 639.79 +21.50 +3.48%
$NDX Nasdaq 100 1,830.09 +51.17 +2.88%
$OEX S&P 100 491.42 +12.81 +2.68%
$SML S&P Small Caps 342.28 +10.73 +3.24%
$MID S&P Mid Caps 750.60 +23.43 +3.22%
$DJA Dow Composite 3,512.09 +109.73 +3.23%
$RUI Russell 1000 599.45 +17.34 +2.98%
$RUA Russell 3000 641.95 +18.82 +3.02%
$VLE Value Line 2,343.05 +77.10 +3.40%
$WLSH Wilshire 5000 11,397.78 +330.98 +2.99%

Commodities Closing Price
Gold Close - 1216.70
Oil Close -     75.48
Natural Gas Close -4.64

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