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Thursday, July 1, 2010

Stock Market Overview for 07/01/2010

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 July 02, 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

Composite Biggest  Gainers

1 Gyrodyne of America (GYRO)
2 American Lorain (ALN)
3 Socket Mobile (SCKT)
4 Christopher&Banks (CBK)
5 BJ's Wholesale Club (BJ)
6 Arena Pharmaceuticals (ARNA)
7 Nobel Learning Communities (NLCI)
8 IDT (IDTC)
9 IDT Cl B (IDT)
10 Citizens Community Bancorp (CZWI)
11 ZipRealty (ZIPR)
12 Avanir Pharmaceuticals Cl A (AVNR)
13 Bank of Kentucky Financial (BKYF)
14 Quiksilver (ZQK)
15 Nexstar Broadcasting Group Cl A (NXST)
16 Continucare (CNU)
17 Transcontinental Realty Investors (TCI)
18 Intellipharmaceutics International (IPCI)
19 Peoples Financial (Mississippi) (PFBX)
20 Fortress Investment Group Cl A (FIG)
21 ProSharesUltraShortSilver (ZSL)
22 InterOil (IOC)
23 China Armco Metals (CNAM)
24 ReneSola ADS (SOL)
25 Frontier Communications Corp. Wi (FTR@)
26 Frontier Communications (FTR)
27 Omega Flex (OFLX)
28 ProSharesUltraShortGold (GLL)
29 PowerShares DB Gold Double Short ETN (DZZ)
30 Covenant Transportation Group Cl A (CVTI)
31 PhotoMedex (PHMD)
32 Hawk Cl A (HWK)
33 Aixtron ADS (AIXG)
34 Harte-Hanks (HHS)
35 Great Atlantic&Pacific Tea (GAP)
36 Cape Bancorp (CBNJ)
37 Internet Initiative Japan ADS (IIJI)
38 Power-One (PWER)
39 Mercer International (MERC)
40 Magal Security Systems (MAGS)

For Market TA analysis

Stock Market Closing Price 7/01/10

$COMPQ Nasdaq Composite Close - 2,101.36 7.88 (0.37%)
$INDU Dow Industrial Close - 9,732.53 41.49 (0.42%)
$SPX S&P 500 Close  -  1,027.37 3.34 (0.32%)

Commodities Closing Price
Gold Close - 1202.31
Oil Close -     72.57
Natural Gas Close -4.84


Stocks finished Thursday with their eighth loss in nine sessions.Though those reports induced plenty of selling, most market participants are primarily interested in tomorrow morning's official monthly payrolls report from the federal government. Selling pressure eased into the afternoon, so that stocks still finished well above their session lows. Still, the lower finish brought the S&P 500's 50-day moving average even closer to pushing below its 200-day moving average in a move that technical traders call a Death Cross.

Support for the SPX remains at 1018 and then 1010, with resistance at 1032 and then 1040. SPX could see 1000 next stop depend on job report on Friday. 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 07/02 SPX resistance , pivot & support
Resistance R3 1056.25, R2 1046.62, R1 1036.99
Pivot Point 1023.95
Support     S1 1014.32, S2 1001.28, S3 991.65
 

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