Stock Market Overview for 5/11/11

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 May 12, 2011.Also check out my Top 2011 Stock Gainers, Stocks to Buy 2011.You can also check previous stocks to buy reports- Right Here

Top Stocks Performance of the day: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.

Top Gainers:  TISA, QTWW, PNBC, OXGN, ASUR, SSY
New High:   TISA, GCOM, CECE, GLBC 
Overbought: TISA, DTG  
Unusual Volume:  USB, URR, TISA, STWD  
Upgrade:  NRGY
Earnings Before: ACXM
Insider Buying:  IDA
 
For Market TA analysis
Stock Market  Closing Price 5/11/11  

$INDU Dow Industrial Close -   12630.03 Down 130.65
$COMPQ Nasdaq Composite Close   2845.06 Down 26.83
$SPX S&P 500 Close -  1342.08 Down 15.08

Commodities Closing Price 
Gold Close -  1504.20
Oil Close - 98.20
Natural Gas Close -4.19
 

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 Standard & Poor’s 500 Index  SPX -1.11%   declined 15.08 points, or 1.1%, to 1,342.08, with energy and natural-resource stocks hardest hit among its 10 industry groups. The energy sector closed down 2.9%. Read more on energy stocks.The Nasdaq Composite Index COMP -0.93%   fell 26.83 points, or 0.9%, to 2,845.06.Support for the SPX remains at 1320 and then 1310, with resistance at 1355 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.

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 05/12 SPX resistance, pivot & support
Resistance R3 1372.66, R2 1362.46, R1 1352.27
Pivot Point 1344.81
Support  S1 1334.12, S2 1326.16, S3 1315.97   

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http://dailymarketanalysis-blog.blogspot.com/