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Friday, June 1, 2012

Stock Market Technical Analysis for Next Week - June 4-8, 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 June 4, 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: BFED, AXK, PIP, PBMD, PRKR, FSGI
New High: BFED, STRM, REED, PRKR
Overbought: BFED, RFMI
Unusual Volume: DED, KNOW, BFED, SCGQ
Upgrade: BAX
Earnings Before: CHRS
Insider Buying:  SGA

Biggest Gainers 6/1/12
Composite Biggest Gainers 
Ticker     Company     Change 
BFED    Beacon Federal Bancorp, Inc.    44.59%
AXU    Alexco Resource Corporation    11.09%
RGLD    Royal Gold, Inc.    10.51%
GOLD    Randgold Resources Limited    9.97%
IAG    IAMGOLD Corp.    9.18%
AEM    Agnico-Eagle Mines Ltd.    8.89%
GG    Goldcorp Inc.    8.75%
CDE    Coeur d'Alene Mines Corporation    8.58%
NGD    New Gold, Inc.    8.22%
EXK    Endeavour Silver Corp.    8.18%
ABX    Barrick Gold Corporation    7.30%
KGC    Kinross Gold Corporation    7.03%
AUY    Yamana Gold, Inc.    7.00%
RIC    Richmont Mines Inc.    6.98%
AG    First Majestic Silver Corp.    6.74%
NEM    Newmont Mining Corp.    6.66%
ANV    Allied Nevada Gold Corp.    6.52%
SNTA    Synta Pharmaceuticals Corp.    6.03%
CEF    Central Fund of Canada Limited    5.51%
SSRI    Silver Standard Resources Inc.    5.36%
HMY    Harmony Gold Mining Co. Ltd.    4.77%
SLW    Silver Wheaton Corp.    4.55%
GFI    Gold Fields Ltd.    4.53%
AUQ    AuRico Gold Inc.    4.45%
SKM    SK Telecom Co. Ltd.    3.95%
FLO    Flowers Foods, Inc.    3.81%
EGO    Eldorado Gold Corp.    3.63%
PAAS    Pan American Silver Corp.    3.62%
TSL    Trina Solar Limited    3.25%
VQ    Venoco, Inc.    3.22%
NG    NovaGold Resources Inc.    3.18%
AMCC    Applied Micro Circuits Corp.    2.62%
SMBL    Smart Balance, Inc    2.36%
SVM    Silvercorp Metals Inc.    2.31%
TI    Telecom Italia SpA    2.29%
AU    AngloGold Ashanti Ltd.    2.22%
RES    RPC Inc.    2.12%
TI-A    Telecom Italia SpA    2.08%
DUK    Duke Energy Corporation    1.68%

Composite Biggest Losers 
Ticker     Company     Chang
OVTI    OmniVision Technologies Inc.    -17.21%
SPLK    Splunk, Inc.    -16.34%
SWFT    Swift Transportation Company    -12.44%
LEAP    Leap Wireless International Inc.    -12.31%
PETD    Petroleum Development Corporation    -11.88%
PHM    PulteGroup, Inc.    -11.75%
GDP    Goodrich Petroleum Corp.    -10.36%
LNG    Cheniere Energy, Inc.    -10.26%
ZIP    Zipcar, Inc.    -10.14%
MHO    M/I Homes, Inc.    -10.05%
URI    United Rentals, Inc.    -9.96%
CAR    Avis Budget Group, Inc.    -9.90%
CRUS    Cirrus Logic Inc.    -9.71%
FIRE    Sourcefire, Inc.    -9.61%
USG    USG Corporation    -9.47%
VRA    Vera Bradley, Inc.    -9.42%
MMR    McMoRan Exploration Co.    -9.35%
KOG    Kodiak Oil & Gas Corp.    -9.25%
THRX    Theravance Inc.    -9.18%
SFY    Swift Energy Co.    -9.04%
AMRN    Amarin Corporation plc    -8.99%
GPOR    Gulfport Energy Corp.    -8.98%
GRPN    Groupon, Inc.    -8.93%
PXP    Plains Exploration & Production Company    -8.75%
CLR    Continental Resources Inc.    -8.74%
PVA    Penn Virginia Corporation    -8.72%
BRY    Berry Petroleum Co.    -8.71%
CRK    Comstock Resources Inc.    -8.70%
PXD    Pioneer Natural Resources Co.    -8.69%
EGY    Vaalco Energy Inc.    -8.68%
HTZ    Hertz Global Holdings, Inc.    -8.67%
REGN    Regeneron Pharmaceuticals, Inc.    -8.64%
EXXI    Energy XXI (Bermuda) Limited    -8.57%
RYL    Ryland Group Inc.    -8.54%
XNPT    Xenoport, Inc.    -8.50%
WLK    Westlake Chemical Corp.    -8.50%
AREX    Approach Resources, Inc.    -8.46%
SAVE    Spirit Airlines, Inc.    -8.44%
DHI    DR Horton Inc.    -8.37%

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 suffered their worst day of the year, with the Dow tumbling into negative territory for 2012, after a disappointing jobs report in addition to dismal data from China and Europe fueled fears over the health of the global economy.

The Dow Jones Industrial Average plunged 274.88 points, or 2.22 percent, to end at 12,118.57,

The S&P 500 tumbled 32.29 points, or 2.46 percent, to finish at 1,278.04. The Nasdaq plummeted 79.86 points, or 2.82 percent, to close at 2,747.48. Both the S&P and Nasdaq entered correction territory from their 2012 highs.

The CBOE Volatility Index, widely considered the best gauge of fear in the market, surged more than 10 percent to close above 26.

For the week, the Dow dropped 2.70 percent, the S&P 500 declined 3.02 percent, and the Nasdaq erased 3.17 percent.

All 10 S&P sectors finished negative for the week, led by energy.

Support for the SPX remains at 1250 and then 1223 with resistance at 1300 and then 1328.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 6/4 SPX resistance, pivot &  support
Resistance R3 1332.14, R2 1321.00, R1 1299.52
Pivot Point 1288.52
Support  S1 1266.90, S2 1255.76, S3 1234.28

FOR Weekly 6/4-6/8 SPX resistance , pivot & support
Resistance R3 1373.91, R2 1354.42, R1 1316.23
Pivot Point 1296.74
Support  S1 1258.55, S2 1239.06, S3 1200.07


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