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Saturday, May 14, 2011

Stock Market Overview for 5/14/11

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 16, 2011.Also check out my Top 2011 Stock GainersStocks 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: ABIO, TZYM, GFRE, TREE, DDS, GBR
New High:  DDS, TZYM, SCLN, TPCG  
Overbought: VLCM DPZ   
Unusual Volume:  USB BIOC VRML PQY
Upgrade:  STN
Earnings Before: A
Insider Buying: DEPO  

For Market TA analysis
Stock Market  Closing Price 5/13/11
 

$INDU Dow Industrial Close -   12595.75 Down 100.17
$COMPQ Nasdaq Composite Close   2828.47 Down 34.57
$SPX S&P 500 Close -  1337.77 Down 10.88


Commodities Closing Price 

Gold Close -  1493.40

Oil Close - 99.65

Natural Gas Close -4.24

Silver  35.01
 
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

Market was violate week and Stocks closed mostly lower after swinging prices of commodities and currencies, as investors wrestled with the implications of a worsening European debt crisis and a global economic slowdown.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. 

Major U.S. Indexes


Last
Change
Today's % Change
1 Week % Change
YTD % Change
Dow
12.595.75
-100.17
-0.79%
-0.34%
8.79%
NASDAQ
2828.47
-34.57
-1.21%
0.03%
6.62%
S&P 500
1337.78
-10.87
-0.81%
-0.18%
6.37%
Russell 2000
835.66
-11.87
-1.40%
0.28%
6.64%
CBOE VIX
17.11
1.08
6.74%
-7.01%
-3.61%

Week of May 16 - May 20


Date
ET
Release
For
Actual
Briefing.com
Consensus
Prior
Revised From
May 16
08:30
Empire Manufacturing
May

17
18
21.7

May 16
09:00
Net Long-Term TIC Flows
Mar

NA
NA
$26.9B

May 16
10:00
NAHB Housing Market Index
May

16
16
16

May 17
08:30
Housing Starts
Apr

530K
565K
549K

May 17
08:30
Building Permits
Apr

570K
590K
594K

May 17
09:15
Industrial Production
Apr

0.4%
0.5%
0.8%

May 17
09:15
Capacity Utilization
Apr

77.5%
77.7%
77.4%

May 18
07:00
MBA Mortgage Index
05/13

NA
NA
+8.2%

May 18
10:30
Crude Inventories
05/14

NA
NA
3.781M

May 18
14:00
FOMC Minutes
May





May 19
08:30
Initial Claims
05/14

400K
420K
434K

May 19
08:30
Continuing Claims
05/07

3700K
3713K
3756K

May 19
10:00
Existing Home Sales
Apr

5.40M
5.22M
5.10M

May 19
10:00
Philadelphia Fed
May

15
17.5
18.5

May 19
10:00
Leading Indicators
Apr

0.1%
0.0%
0.4%


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 05/16 SPX resistance, pivot & support
Resistance R3 1367.58, R2 1357.62, R1 1347.66
Pivot Point 1340.51
Support  S1 1330.55, S2 1323.40, S3 1313.44

FOR Weekly 05/16-05/20  SPX resistance , pivot & support
Resistance R3 1386.85, R2 1370.46, R1 1354.08
Pivot Point 1343.05
Support  S1 1326.67, S2 1315.64, S3 1299.26
  
























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