Welcome to Stock Market Technical Analysis

Long term Stocks Pick Alerts

Stocks Pick in 2013 - AAPL - BAC - ANR - MCP
Hottest Stocks in 2013 - ZNHE- VISN - GTN
Hottest Penny Stocks in 2013 - CHTP -INO- GSAT

Friday, July 2, 2010

Stock Market Overview for 07/02/2010

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 July 06, 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 Orient Paper (ONP)
2 BSQUARE (BSQR)
3 Transition Therapeutics (TTHI)
4 Geokinetics (GOK)
5 SI Financial Group (SIFI)
6 Netlist (NLST)
7 Thor Industries (THO)
8 Allergan (AGN)
9 Zagg (ZAGG)
10 AutoNavi Holdings ADS (AMAP)
11 Isramco (ISRL)
12 NexMed (NEXMD)
13 China Agritech (CAGC)
14 Meta Financial Group (CASH)
15 AdCare Health Systems (ADK)
16 Gray Television Cl A (GTNA)
17 ION Geophysical (IO)
18 Avanir Pharmaceuticals Cl A (AVNR)
19 Ista Pharmaceuticals (ISTA)
20 Yongye International (YONG)
21 J. Alexander's (JAX)
22 Physicians Formula Holdings (FACE)
23 Red Robin Gourmet Burgers (RRGB)
24 Answers (ANSW)
25 Arena Pharmaceuticals (ARNA)
26 Modine Manufacturing (MOD)
27 Exelixis (EXEL)
28 Alexza Pharmaceuticals (ALXA)
29 PostRock Energy (PSTR)
30 Sigmatron International (SGMA)
31 Acorn International ADS (ATV)
32 CompuCredit Holdings (CCRT)
33 China Wind Systems (CWS)
34 Inhibitex (INHX)
35 Newpark Resources (NR)
36 China Marine Food Group (CMFO)
37 Allergan (AGN)
38 Innovative Solutions&Support (ISSC)
39 Dover Downs Gaming&Entertainment (DDE)
40 Entropic Communications (ENTR)

For Market TA analysis

Stock Market Closing Price 7/02/10

$COMPQ Nasdaq Composite Close 2,091.79 9.57 (0.46%)
$INDU Dow Industrial Close - 9,686.48 46.05 (0.47%)
$SPX S&P 500 Close  -  1,022.58 4.79 (0.47%)

Commodities Closing Price
Gold Close - 1211.50
Oil Close -     72.30
Natural Gas Close -4.68

Stocks made a late attempt to snap their recent string of losses in the face of some dour employment data, but a late slide proved that sellers are still in control.


According to official statistics, non farm payrolls for June fell by 125,000, which is worse than the 100,000 decline that had been expected, on average, by a sample of economists polled by Briefing.com. Private payrolls for June increased by 83,000, which is an improvement from the 33,000 private payrolls that were added last month. The headline unemployment rate eased back to 9.5% from 9.7%, but that was largely due to a contraction in the labor force.

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 07/06 SPX resistance , pivot & support
Resistance R3 1049.97, R2 1040.84, R1 1031.71
Pivot Point 1023.82
Support     S1 1014.69, S2 1006.80, S3 997.67

FOR Weekly 07/06-07/09  SPX resistance , pivot &, support
Resistance R3 1154.29, R2 1110.38, R1 1066.48
Pivot Point 1038.69
Support      S1 994.79, S2  967.00, S3 923.10
 
For the latest updates on the stock market, visit,
http://technicalanalysis-blog.blogspot.com/  or Subscribe for free.