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Wednesday, April 6, 2011

Stock Market Overview for 4/6/11

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 April 07, 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
ORCH 2.76 37.31% 15005673  Top Gainers
PLBC 2.77 37.13% 14327  Top Gainers
AOB 1.83 20.39% 2116374  Top Gainers
BLTI 5.81 20.04% 3180693  Top Gainers
ABAT 2.48 19.81% 12552319  Top Gainers
ZOOG 5.30 19.10% 282070  Top Gainers
ORCH 2.76 37.31% 15005673  New High
CRIS 4.22 14.36% 2642367  New High
RIC 7.62 9.96% 931313  New High
MSM 75.04 6.44% 1940073  New High
COKE 73.65 2.39% 61971  Overbought
DTG 68.57 0.85% 516027  Overbought
ORCH 2.76 37.31% 15005673  Unusual Volume
PVSA 9.65 -1.23% 104492  Unusual Volume
NAII 4.39 -20.76% 285040  Unusual Volume
AMSC 14.47 -41.84% 37234996  Unusual Volume
DNR 24.34 -2.09% 5887415  Upgrades
MON 69.16 -6.03% 16586242  Earnings Before
AMSC 14.47 -41.84% 37234996  Insider Buying

For Market TA analysis
Stock Market  Closing Price 4/6/11
 

$INDU Dow Industrial Close -12424.75 Up 32.85
$COMPQ Nasdaq Composite Close  2799.82 Up  8.63 

$SPX S&P 500 Close 1335.54 Up 2.91 
  

Commodities Closing Price 
Gold Close -  1460.90
Oil Close - 108.60
Natural Gas Close -4.4.14
SP 500
Long term signals : Bullish
Short term signals : Neutral

Stop  @ 1250
QQQQ (Nasdaq 100) : Bullish, stop @ 55
INDU: Bullish, stop @11000
COMPQ:Bullish, stop @ 2600
Top trend : Techs  
Value : Financial

Euro Dollar : Bullish
US Dollar index : Bearish  
Gold : Bearish, stop @ 1330
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


The major equity averages surrendered early gains to trade flat in early afternoon action.Early support was helped by gains abroad, where participants in China took yesterday's news of another 25-basis point rate hike in stride upon their return from holiday

The generally positive tone to morning trade benefited both blue chips and riskier small-cap stocks. In fact, the Dow extended its two-year high with help from Cisco (CSCO 18.07, +0.85), which scored its best single-session gain in nearly nine months. Meanwhile, the Russell 2000 Small-Cap Index achieved a record high with help from La-Z-Boy (LZB 10.92, +1.08) following an analyst upgrade, but fellow small-cap issue American Superconductor (AMSC 14.47, -10.41) plummeted more than 40% after the company cut guidance and announced that a key customer refused product delivery from the firm.

However, broad market buying interest wasn't strong enough to take the S&P 500 back through resistance at the 1340 line. That left stocks to drift lower before securing support near the neutral line.Support for the SPX remains at 1308 and then 1290, with resistance at 1344 and then 1370.So we should trade small lot.Take a look all 1/5/15/60m chart if we want to trade this market. Also check out my Top 2010 Stock Gainers , Stocks to Buy 2011.

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 04/07 SPX resistance, pivot & support
Resistance R3 1332.50, R2 1332.03, R1 1331.56
Pivot Point 1335.47
Support  S1 1335.00, S2 1338.91, S3 1338.44













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