Daily Market Analysis: Stock Market Overview for 5/26/11

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 27,2011.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: CDTI, KBX, SYMS, NATR, FSIN, HGG
New High: SYMS, TIF, IMOS, TRMS
Overbought: RAE, AMMD
Unusual Volume: CDTI, ISHG, IRMS, TRMS
Upgrade: CTSH
Earnings Before: DLIA
Insider Buying: SWS

For Market TA analysis
Stock Market Closing Price 5/26/11

$INDU Dow Industrial Close -   12402.76 Up 8.10
$COMPQ Nasdaq Composite Close   2782.92 Up 21.54
$SPX S&P 500 Close - 1325.69 Up 5.22

Commodities Closing Price
Gold Close - 1519
Oil Close - 100.31
Natural Gas Close -4.36
Silver 37.42

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

Stocks rose for a second day, erasing an early slide, as corporate earnings that beat forecasts overshadowed slower economic growth.The Standard & Poor’s 500 Index advanced 0.4 percent to 1,325.69 at 4 p.m. in New York. The MSCI Emerging Markets Index climbed 1.5 percent as South Korean equities jumped the most since June 2009 after consumer confidence improved. Ten-year yields slid as low as 3.06 percent and 2-year rates reached 0.48 percent, while 10-year German bund yields fell below 3 percent for the first time since January. Commodities retreated even as the dollar weakened against most major peers.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
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 05/27 SPX resistance, pivot & support
Resistance R3 1342.61, R2 1336.97, R1 1331.33
Pivot Point 1322.87
Support S1 1317.23, S2 1308.77, S3 1303.13