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Friday, May 25, 2012

Stock Market Technical Analysis for Next Week - May 28-June 1, 2012

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 29, 2012. Also check out my Top 2011 Stock Gainers, Stocks to Buy 2012.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: GNOM, UPI, XG, KIPS, RCON, CSIQ
New High: RRPX, LACO, QSFT, REED
Overbought: AFCE, RPPX
Unusual Volume: FGM, DCTH, FCD, EXI
Upgrade: CBRL
Earnings Before: MENT
Insider Buying:  STRS

Biggest Gainers 5/25/12
Composite Biggest Gainers 
Ticker     Company     Change 
CECO    Career Education Corp.    11.41%
OSG    Overseas Shipholding Group Inc.    9.71%
SFL    Ship Finance International Limited    9.59%
ELN    Elan Corporation, plc    8.42%
AMLN    Amylin Pharmaceuticals, Inc.    8.37%
MFRM    Mattress Firm Holding Corp.    8.09%
LEAP    Leap Wireless International Inc.    8.05%
RPRX    Repros Therapeutics Inc.    8.03%
FRO    Frontline Ltd.    8.03%
NSM    Nationstar Mortgage Holdings Inc.    7.15%
BV    Bazaarvoice, Inc.    7.08%
DGI    DigitalGlobe, Inc.    6.82%
GEOY    GeoEye, Inc.    6.75%
RUE    rue21, Inc.    6.52%
RVBD    Riverbed Technology, Inc.    6.44%
POST    Post Holdings, Inc.    6.25%
SCSS    Select Comfort Corporation    5.53%
KND    Kindred Healthcare Inc.    5.37%
ITMN    InterMune Inc.    5.30%
ACXM    Acxiom Corporation    5.20%
VRA    Vera Bradley, Inc.    4.90%
LPSN    LivePerson Inc.    4.61%
SNDK    SanDisk Corp.    4.59%
QLTI    QLT Inc.    4.55%
NFX    Newfield Exploration Co.    4.51%
BIG    Big Lots Inc.    4.34%
DTG    Dollar Thrifty Automotive Group Inc.    4.15%
TPX    Tempur Pedic International Inc.    3.97%
AMED    Amedisys Inc.    3.90%
CBD    Companhia Brasileira de Distribuicao    3.87%
MU    Micron Technology Inc.    3.83%
BYD    Boyd Gaming Corp.    3.77%
VELT    Velti Plc    3.76%
HTZ    Hertz Global Holdings, Inc.    3.59%
AMRN    Amarin Corporation plc    3.59%
BGS    B&G Foods Inc.    3.58%
TKC    Turkcell Iletisim Hizmetleri AS    3.58%
DECK    Deckers Outdoor Corp.    3.56%
TLM    Talisman Energy Inc.    3.56%

Composite Biggest Losers 
Ticker     Company     Chang
VIP    VimpelCom Ltd.    -16.27%
PAY    VeriFone Systems, Inc    -15.49%
MENT    Mentor Graphics Corp.    -13.24%
MXWL    Maxwell Technologies Inc.    -12.01%
SSYS    Stratasys Inc.    -6.04%
ABMD    Abiomed Inc.    -5.11%
TKR    Timken Co.    -4.56%
TIBX    TIBCO Software Inc.    -4.26%
IVN    Ivanhoe Mines Ltd.    -4.24%
CVLT    CommVault Systems, Inc.    -4.08%
NYMT    New York Mortgage Trust Inc.    -4.04%
IDIX    Idenix Pharmaceuticals Inc.    -3.97%
EXH    Exterran Holdings, Inc.    -3.97%
CLNE    Clean Energy Fuels Corp.    -3.80%
TLK    Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk.    -3.56%
BECN    Beacon Roofing Supply Inc.    -3.41%
FB    Facebook Inc.    -3.39%
SNE    Sony Corporation    -3.34%
NPSP    NPS Pharmaceuticals, Inc.    -3.31%
FIO    Fusion-io, Inc.    -3.11%
DANG    E-Commerce China Dangdang Inc.    -3.06%
PC    Panasonic Corporation    -2.84%
ZNGA    Zynga, Inc.    -2.79%
TRI    Thomson Reuters Corporation    -2.79%
CHU    China Unicom (Hong Kong) Limited    -2.67%
HAR    Harman International Industries Inc.    -2.66%
LO    Lorillard, Inc.    -2.61%
TUMI    Tumi Holdings, Inc.    -2.48%
WPRT    Westport Innovations Inc.    -2.44%
LF    LeapFrog Enterprises Inc.    -2.43%
PLL    Pall Corp.    -2.42%
KCG    Knight Capital Group, Inc.    -2.41%
PCLN    priceline.com Incorporated    -2.41%
RY    Royal Bank of Canada    -2.36%
PNR    Pentair, Inc.    -2.35%
NUS    Nu Skin Enterprises Inc.    -2.34%
CETV    Central European Media Enterprises Ltd.    -2.29%
AIR    AAR Corp.    -2.27%
CBT    Cabot Corp.    -2.25%

SP 500
Long term signalsBullish
Short term signals :
Bearish

Stop  @ 1350

QQQ (Nasdaq 100) : Bearish, stop @ 50
INDU: Bullish, stop @10000
COMPQ:
Bearish, stop @ 2300
Top trend : Techs  
Value : Financial

Euro Dollar : Bullish
US Dollar index : Bearish  
Gold : Bearish, stop @ 1500
10 Y US Yield : Bullish, above 2.8 stop
30 Y US Bond : Short, stop @ 132

World Market
UK's FTSE:  Bullish, stop @ 4700
Germany's DAX:
Bullish, stop @ 5300
France's CAC:
Bullish, stop @ 2900
Shanghai :
Bearish
Japan Nikkei :
Bearish

Stocks ended lower in trading today as investors remained cautious ahead of the long weekend. However, all three major indexes posted gains for the week even as worries about the euro zone debt crisis continue to weigh down sentiments.

The Dow Jones ended the day 0.60% lower at 12,454.83, the S&P 500 ended the day 0.22% lower at 1,317.82, and the Nasdaq ended the day 0.07% lower at 2,837.53.

For the week, the Dow Jones rose 0.69%, the S&P 500 rose 1.74%, and the Nasdaq rose 2.11%.

Industrials led the losses in the S&P 500 in trading today. The sector ended the day 0.67% lower. Financials ended the day 0.53% lower. Transportation stocks finished 0.34% lower, while Basic Materials stocks finished 0.44% lower. Utilities were the best performers in the S&P 500, ending the day 0.27% higher.

Among the major gainers and losers in trading today were Mattress Firm Holding Corp. (NASDAQ: MFRM), which ended the day 8.09% higher at $38.74, VeriFone Systems Inc. (NYSE: PAY), which ended the day 15.49% lower at $38.03, Amylin Pharmaceuticals Inc. (NASDAQ: AMLN), which ended the day 8.37% higher at $27.96, Mentor Graphics Corp. (NASDAQ: MENT), which ended the day 13.08% lower at $13.22, and Complete Genomics Inc. (NASDAQ: GNOM), which ended the day 28.76% higher at $3.

On the economic front, a report released earlier today showed that consumer sentiment in the U.S. rose in May to the highest level since October 2007.

European markets ended mostly higher in trading today, however, gains were limited. The FTSE 100 Index in London ended the day 0.03% higher at 5,351.53, and the CAC 40 Index in Paris ended the day 0.32% higher at 3,047.94. Asian markets ended on a mixed note overnight, with the Shanghai Composite Index falling 0.72%, and the Nikkei 225 Index gaining 0.20%.

Support for the SPX remains at 1291 and then 1280 with resistance at 1328 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
SPX DAILY CHARTS
QUICK LOOK ALL MAJOR INDEX WEEKLY

$SPX with component chart 
$VIX
$CPC daily
QQQQ Daily 
COMPQ



FOR 5/29 SPX resistance, pivot &  support
Resistance R3 1333.24, R2 1328.72, R1 1323.27
Pivot Point 1318.75
Support  S1 1313.30, S2 1308.78, S3 1303.33


FOR Weekly 5/29-6/1 SPX resistance , pivot & support
Resistance R3 1365.05, R2 1346.77, R1 1332.29
Pivot Point 1314.01
Support  S1 1299.53, S2 1281.25, S3 1266.77


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