Stock Market Overview for 07/16/2010

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 19, 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 LSB (LSBX)
2 Arena Pharmaceuticals (ARNA)
3 Direxion Daily Financial Bear 3x Shares (FAZ)
4 ProShares UltraPro Short Russell2000 (SRTY)
5 Direxion Daily Small Cap Bear 3x Shares (TZA)
6 ProShares UltraPro Short MidCap400 (SMDD)
7 Direxion Daily Real Estate Bear 3x Shares (DRV)
8 Direxion Daily Semiconductor Bear 3X Shares (SOXS)
9 e-Future Information Technology (EFUT)
10 Barclays Short D Leverages S&P 500 Trust ETN (BXDD)
11 Direxion Daily Developed Markets Bear 3x Shares (DPK)
12 Cypress Bioscience (CYPB)
13 Direxion Daily Mid Cap Bear 3x Shares (MWN)
14 Tofutti Brands (TOF)
15 Direxion Daily Emerging Markets Bear 3x Shares (EDZ)
16 pSivida (PSDV)
17 Direxion Daily Large Cap Bear 3x Shares (BGZ)
18 ProShares UltraPro Short S&P 500 (SPXU)
19 ProShares UltraShort Financials (SKF)
20 Direxion DailyTechnology Bear 3x Shares (TYP)
21 ProShares UltraPro Short QQQ (SQQQ)
22 Direxion Daily Latin America Bear 3X Shares (LHB)
23 Direxion Daily Energy Bear 3x Shares (ERY)
24 ProShares UltraShort Russell2000 Value (SJH)
25 Direxion Daily Natural Gas Related Bear 2x Shares (FCGS)
26 ProShares UltraShort Russell2000 (TWM)
27 ProShares UltraShort Russell2000 Growth (SKK)
28 ProShares UltraPro Short Dow30 (SDOW)
29 ProShares UltraShort SmallCap600 (SDD)
30 Tandy Brands Accessories (TBAC)
31 Transcontinental Realty Investors (TCI)
32 Rada Electronic Industries (RADA)
33 Barclays Bank iPath S&P 500 VIX Short Term Futures ETN (VXX)
34 ProShares UltraShort Industrials (SIJ)
35 ProShares UltraShort Basic Materials (SMN)
36 ProShares UltraShort MSCI Pacific ex-Japan (JPX)
37 ProShares UltraShort MSCI EAFE (EFU)
38 ProShares UltraShort MidCap400 (MZZ)
39 ProShares UltraShort MSCI Brazil (BZQ)
40 ProShares UltraShort Russell MidCap Value (SJL)

For Market TA analysis

Stock Market Closing Price 7/16/10

$COMPQ Nasdaq Composite Close 2,179.05 70.03 (3.11%)

$INDU Dow Industrial Close - 10,097.90 261.41 (2.52%)
$SPX S&P 500 Close  1,064.88 31.60 (2.88%)

Commodities Closing Price

Gold Close - 1189.80
Oil Close -    75.66

Natural Gas Close -4.63

Stocks slumped Friday after financial firms Bank of America and Citigroup reported weaker quarterly revenue and GE bad earning and a plunge in consumer sentiment revived concerns about the economic outlook.

Support for the SPX drops to 1058 and then 1041, with resistance at 1090 and then 1107..Short term momentum was again overbought on Tuesday but OE week spx want stay near 1100. So we should trade small lot.Take a look all 1/5/15/60m chart if we want to trade this market. 
 
I also have  technical analysis different stocks-Right Here.

 

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 07/19 SPX resistance , pivot & support

Resistance R3 1124.38, R2 1104.54, R1 1084.21

Pivot Point 1074.01

Support     S1 1054.18, S2 1043.48, S3 1023.65

FOR Weekly 07/19-07/23  SPX resistance , pivot &, support

Resistance R3 1135.60, R2 1112.02, R1 1088.45

Pivot Point 1075.88

Support      S1 1052.31, S2 1039.74, S3 1016.17 

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