Welcome to Daily Market Analysis

Daily Stocks Pick: http://daytradingstock-blog.blogspot.com/

Market Index Technical analysis Alerts

Stocks Pick in 2013 - AAPL - BAC - ANR - MCP
Hottest Stocks in 2013 - ZNHE- VISN - GTN
Hottest Penny Stocks in 2013 - CHTP -INO- GSAT
My Daily Trading Activities - Membership Link

Monday, May 23, 2011

Stock Market Overview for 5/23/11

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 24,2011.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: SRS, SQNS, KKD, OSN, TRU, RPTP  
Overbought: NMS, VLCM
Unusual Volume:  EMITF, MFNC, DRS, BOVA 
Upgrade:  GPS 
Earnings Before: CMM
Insider Buying: NRIM
For Market TA analysis
Stock Market  Closing Price 5/23/11

$INDU Dow Industrial Close -   12381.26 Down 130.76
$COMPQ Nasdaq Composite Close   2758.90 Down 44.42
$SPX S&P 500 Close -  1317.36 Down 15.91

Commodities Closing Price 

Gold Close -  1516

Oil Close - 97.45

Natural Gas Close -4.33

Silver  34.98
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

A downwardly revised forecast for Italy's debt and a cut to Greece's rating during the weekend offered another reminder to traders worry about reason sell off the market today .Support for the SPX remains at 1305 and then 1295, with resistance at 1330 and then 1340.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
$CPC daily
INDEX Bullish percent index (EOD)
Simple Trading System  
QQQQ Daily 

FOR 05/24 SPX resistance, pivot & support
Resistance R3 1353.26, R2 1341.29, R1 1329.33
Pivot Point 1321.10
Support  S1 1309.14, S2 1300.91, S3 1288.95

For the latest updates on the stock market, visit,