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Wednesday, June 1, 2011

Stock Market Overview for 6/1/11

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 June 02,2011. 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: WEST, SGS, OREX, TLVT, SLTC     
New High:  TLVT, ATAI, ECGI, ZAGG
Overbought:  CV, NSM
Unusual Volume:  CART, SGS, VST, WEST
Upgrade:  ESV
Earnings Before: DAHG
Insider Buying: GHDX
 
Biggest Gainers 6/1/11

Ticker    Company    Performance
SGS    Stream Global Services, Inc.    22.37%
OREX    Orexigen Therapeutics, Inc.    18.06%
TLVT    Telvent Git S.A.    15.34%
LEI    Lucas Energy, Inc.    12.68%
TVIX    VelocityShares Daily 2x VIX ST ETN    12.50%
VHC    VirnetX Holding Corp    11.39%
RADA    RADA Electronic Industries Ltd.    11.04%
ZSL    ProShares UltraShort Silver    10.25%
FAZ    Direxion Daily Financial Bear 3X Shares    9.52%
TZA    Direxion Daily Small Cap Bear 3X Shares    9.47%
SRTY    ProShares UltraPro Short Russell2000    9.30%
DAKT    Daktronics Inc.    9.21%
DRV    Direxion Daily Real Estate Bear 3X Shrs    8.85%
ZAGG    ZAGG Incorporated    7.39%
SPXU    ProShares UltraPro Short S&P500    6.68%
BGZ    Direxion Daily Large Cap Bear 3X Shares    6.65%
ERY    Direxion Daily Energy Bear 3X Shares    6.63%
SDOW    ProShares UltraPro Short Dow30    6.59%
SKF    ProShares UltraShort Financials    6.46%
SQQQ    ProShares UltraPro Short QQQ    6.38%
CECO    Career Education Corp.    6.37%
VXX    iPath S&P 500 VIX Short-Term Futures ETN    6.29%
TWM    ProShares UltraShort Russell2000    6.21%
SMN    ProShares UltraShort Basic Materials    6.08%
SRS    ProShares UltraShort Real Estate    5.59%
MPEL    Melco Crown Entertainment Ltd.    5.26%
HOLI    Hollysys Automation Technologies, Ltd    5.23%
EDZ    Direxion Daily Emrg Mkts Bear 3X Shares    5.20%
KUTV    Ku6 Media Co., Ltd.    5.14%
DTO    PowerShares DB Crude Oil Dble Short ETN    4.91%
SNSS    Sunesis Pharmaceuticals Inc.    4.90%
SCO    ProShares UltraShort DJ-UBS Crude Oil    4.83%
GNOM    Complete Genomics, Inc.    4.69%
DUG    ProShares UltraShort Oil & Gas    4.56%
GLNG    Golar LNG Ltd.    4.55%
SDS    ProShares UltraShort S&P500    4.53%
LGF    Lions Gate Entertainment Corp.    4.38%
DXD    ProShares UltraShort Dow30    4.38%
NANO    Nanometrics Incorporated    4.25%
QID    ProShares UltraShort QQQ    4.20%
KV-A    KV Pharmaceutical Co.    4.08%
FXP    ProShares UltraShort FTSE China 25    3.83%
EEV    ProShares UltraShort MSCI Emerging Mkts    3.67%
COCO    Corinthian Colleges Inc.    3.37%
SKM    SK Telecom Co. Ltd.    3.28%
RRGB    Red Robin Gourmet Burgers Inc.    3.22%
CDR    Cedar Shopping Centers Inc.    3.21%
RWM    ProShares Short Russell2000    3.17%
AFFX    Affymetrix Inc.    3.12%
BITA    Bitauto Holdings Limited    2.94%
FEIC    FEI Co.    2.92%
ESI    ITT Educational Services Inc.    2.84%
DUSA    DUSA Pharmaceuticals Inc.    2.73%
VXZ    iPath S&P 500 VIX Mid-Term Futures ETN    2.73%
AGYS    Agilysys Inc.    2.64%
APOL    Apollo Group Inc.    2.63%

 

For Market TA analysis
Stock Market  Closing Price 6/1/11
 

$INDU Dow Industrial Close - 1290.14 Down 279.65  
$COMPQ Nasdaq Composite Close    2769.19 Down 66.11  

$SPX S&P 500 Close -    1314.55 Down 30.63  

Commodities Closing Price 

Gold Close -  1538

Oil Close - 97.63

Natural Gas Close -4.63

Silver  36.75
 
SP 500
Long term signals : Bullish
Short term signals : Neutral

Stop  @ 1250
QQQ (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 Stock market averages finished near their worst levels of the session, with all three losing close to 2.3%. Equities were knocked lower following this morning's disappointing data as both the ADP Employment report and ISM Index fell short of expectations. Selling continued over the course of the session with stocks moving to their worst levels of the day following a late downgrade of Greek debt by Moody's.Support for the SPX remains at 1305 and then 1295, with resistance at 1340 and then 1350.So we should trade small lot.Take a look all 1/5/15/60m chart if we want to trade this market. 

Earnings Preview for the week of May 30th-June 3rd : Companies reporting earnings the week of May 30th-June 3rd include:

Monday: Markets are closed
Tuesday: EJ, LGF, PVH, and GAME.
Wednesday: DAKT, DG, VIP, CEDU, CWTR, CPRT, ESL, XIDE, SNDA, and VRA.
Thursday: CHRS, CYBX, ENS, TFM, JOYG, MPR, MOV, UNFI, UTIW, COO, DMND, SAI, and PAY
Friday: AMWD and BTH

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 6/2 SPX resistance, pivot & support
Resistance R3 1376.69, R2 1355.97, R1 1335.26
Pivot Point 1324.48
Support  S1 1303.77, S2 1392.99, S3 1272.28
















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