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, January 7, 2011

Stock Market Overview for 01/07/2011

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 January 10, 2011.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 Stocks Performance of the Today:These are  stocks that continued to break up to the upside or down side. These stocks are usually going up or down with news or technical.If you are looking to day trade, you might want to check out the following stocks.  
 
Ticker Last Change  Volume     Signal  
 TSON 2.88 40.49% 3572213  Top Gainers
GENE 1.48 28.70% 48248  Top Gainers
RFMI 1.94 25.16% 158703  Top Gainers
CHT 30.27 22.25% 88262  Top Gainers
ADES 13.84 18.90% 139148  Top Gainers
SCMF 1.86 18.47% 77081  Top Gainers
RFMI 1.94 25.16% 158703  New High
CHT 30.27 22.25% 88262  New High
ADES 13.84 18.90% 139148  New High
GENE 1.48 28.70% 48248  New High
FBP 5.41 0.19% 732326  Overbought
LEGC 13.27 0.00% 16474  Overbought
TSON 2.88 40.49% 3572213  Unusual Volume
IVD 0.73 9.37% 441698  Unusual Volume
IFEU 29.01 -1.12% 82730  Unusual Volume
SBB 28.74 0.56% 736388  Unusual Volume
SYNT 54.15 7.21% 360312  Upgrades
AZZ 38.30 -2.25% 189437  Earnings Before
LGF 6.60 2.17% 1090513  Insider Buying

For Market TA analysis
Stock Market  Closing Price 1/7/11

$INDU Dow Industrial Close - 11674.76 Down 22.55
$COMPQ Nasdaq Composite Close 2703.17 Down 6.72
$SPX S&P 500 Close - 1273.85 Down 2.71
 
Commodities Closing Price
Gold Close -  1368.50
Oil Close -   88.03
Natural Gas Close -4.42

SP 500
Long term signals : Bullish
Short term signals : Neutral
Stop  @ 1190
QQQQ (Nasdaq 100) : Bullish, stop @ 50
INDU:Bullish, stop @10800
COMPQ:Bullish, stop @ 2434
Top trend : Techs  
Value : Financial

Euro Dollar : Bullish
US Dollar index : Bearish  
Gold : Bullish, stop @ 1350
10 Y US Yield : Bullish, above 2.8 stop
30 Y US Bond : Short, stop @ 132

World Market
UK's FTSE:  Bullish, stop @ 5700
Germany's DAX: Bullish, stop @ 6340
France's CAC: Bullish, stop @ 3800
Shanghai : Bullish
Japan Nikkei : Bullish

Jobs data and a speech from Fed Chairman Bernanke were the focus of early trade, but it was weakness in the financial sector that threatened to drop the stock market for its worst percentage loss in more than a month. However, stocks were able to trim their losses in afternoon trade so that in the end only a mild loss was suffered. .Support for the SPX remains at 1261 and then 1240, with resistance at 1291 and then 1303. Short term momentum still displays a negative divergence. 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 01/10 SPX resistance, pivot & support
Resistance R3 1291.96, R2 1285.14, R1 178.32
Pivot Point 1270.01
Support  S1 1263.19, S2 1254.88, S3 1248.06
 
FOR Weekly 01/10-01/14  SPX resistance , pivot & support
Resistance R3 1298.72, R2 1289.64, R1 1280.57
Pivot Point 1269.09
Support      S1 1260.02, S2 1248.54, S3 1239.47

 

 For the latest updates on the stock market, visit,
http://technicalanalysis-blog.blogspot.com/  or Subscribe for free.