Stock Market Technical Analysis for Next Week - September 17-21, 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 September 17, 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: VRC, BIOF, SOCB, ROYL, TRT
New High:  SOCB, SPRT, ALOG, REVU
Overbought: KSW, MEDW
Unusual Volume: VIRC, SMIT, DARA, TGH
Upgrade: ALOG
Earnings Before: SUTR
Insider Buying:  INOD

Biggest Gainers 9/14/12
Composite Biggest Gainers 
Ticker     Company     Change 
BIOF    BioFuel Energy Corp.    40.09%
ALOG    Analogic Corporation    16.26%
OMX    OfficeMax Incorporated    14.63%
SIMO    Silicon Motion Technology Corp.    12.95%
FOSL    Fossil, Inc.    11.43%
ASGN    On Assignment Inc.    11.05%
GRPN    Groupon, Inc.    10.71%
SKUL    Skullcandy, Inc.    9.82%
YELP    Yelp, Inc.    9.31%
FSLR    First Solar, Inc.    8.85%
AH    Accretive Health, Inc.    8.45%
SWC    Stillwater Mining Co.    8.25%
OSK    Oshkosh Corporation    8.22%
LAYN    Layne Christensen Co.    8.09%
GSM    Globe Specialty Metals, Inc.    7.92%
AUQ    AuRico Gold Inc.    7.73%
SLT    Sterlite Industries (India) Ltd.    7.71%
KEG    Key Energy Services Inc.    7.70%
ARUN    Aruba Networks, Inc.    7.49%
IAG    IAMGOLD Corp.    7.49%
MTOR    Meritor, Inc.    7.39%
YOKU    Youku Inc.    7.29%
P    Pandora Media, Inc.    7.28%
THC    Tenet Healthcare Corp.    7.26%
DECK    Deckers Outdoor Corp.    7.26%
HK    Halcon Resources Corporation    7.13%
INVN    InvenSense, Inc.    7.07%
SAAS    inContact, Inc.    7.04%
ACI    Arch Coal Inc.    7.04%

Composite Biggest Losers 
Ticker     Company     Chang
AUMN    Golden Minerals Company    -16.52%
SAVE    Spirit Airlines, Inc.    -15.67%
AKS    AK Steel Holding Corporation    -8.85%
SWFT    Swift Transportation Company    -8.11%
WERN    Werner Enterprises Inc.    -7.35%
RP    RealPage, Inc.    -7.23%
FXEN    FX Energy Inc.    -7.04%
JVA    Coffee Holding Co.Inc.    -6.88%
LCC    US Airways Group, Inc.    -6.40%
KNX    Knight Transportation Inc.    -5.28%
AZO    AutoZone Inc.    -4.86%
PCYC    Pharmacyclics Inc.    -4.83%
LRN    K12, Inc.    -4.03%
IDIX    Idenix Pharmaceuticals Inc.    -3.89%
VRX    Valeant Pharmaceuticals International, Inc.    -3.87%
ABMD    Abiomed Inc.    -3.84%
DXCM    DexCom, Inc.    -3.64%
ELGX    Endologix Inc.    -3.61%
AWK    American Water Works Company, Inc.    -3.58%
WDC    Western Digital Corp.    -3.57%
Z    Zillow, Inc.    -3.50%
SBS    Companhia de Saneamento Basico do Estado de Sao Paulo    -3.42%
WPRT    Westport Innovations Inc.    -3.14%
ZUMZ    Zumiez, Inc.    -3.12%
MWW    Monster Worldwide, Inc.    -3.06%
KMX    CarMax Inc.    -3.00%
DPS    Dr Pepper Snapple Group, Inc.    -2.91%
MOH    Molina Healthcare Inc.    -2.81%
WSH    Willis Group Holdings Public Limited Company    -2.80%

SP 500
Long term signals :  Bullish
Short term signals : Bearish

Stop  @ 1300

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

 Today's session started on a positive note as stocks appeared poised for a second day of broad post-FOMC gains. However, the major averages marked their respective session highs during the first hour of trade and headed lower since. The Nasdaq was able to outperform as it held the bulk of its gains throughout the day. Afternoon selling pressure increased slightly after Egan Jones lowered the credit rating of the U.S. from ‘AA' to ‘AA-.‘ Looking at the major indices, the Nasdaq led the way with a 0.9% gain while the Dow and S&P 500 added 0.4% each.

Financial stocks continued to rally after yesterday's news. The SPDR Financial Select Sector ETF (XLF 16.28, +0.13) closed higher by 0.8% as most major names advanced. The ETF has seen a 4.0% rally since the Fed's announcement. Bank of America (BAC 9.55, +0.15), Morgan Stanley (MS 18.24, +0.34), and Wells Fargo (WFC 36.13, +0.58) all posted gains near 1.5%. European financials were also in focus as monetary easing in the U.S. carries global implications. Barclays (BCS 14.81, +0.46), Deutsche Bank (DB 44.28, +1.41), and UBS (UBS 13.48, +0.46) all gained near 3.5%.

Week in Review: Focus Turns to Federal Reserve as QE3 is Launched

Monday's session was mostly uneventful, as the range-bound trading day concluded with a late-afternoon push to session lows. The major averages saw a notable divergence as the Dow slipped 0.4% while the S&P 500 and Nasdaq slid 0.6% and 1.0%, respectively. Airlines were stronger as United Continental (UAL 20.06, -0.03) advanced 1.8%.

On Tuesday, equities were broadly higher throughout the day before late afternoon selling sent the Nasdaq into negative territory. The dip also pushed the other indices lower, but they were able to hold most of their gains. The Dow finished higher by 0.5% while the Nasdaq ended flat. Groupon (GRPN 5.27, +0.51) finished higher by 8.0% after a reported increase in site traffic during the month of August.

On Wednesday, stocks started the day higher but were only able to hold a portion of their gains in a session which saw two pullbacks to the unchanged line. After spending most of the day in the black, the S&P 500 ended higher by 0.2%. The Dow Jones Transportation Average, which has been on a steady rise over the past week, added 0.8%.

Thursday's session was highlighted by a risk rally sparked by the Federal Reserve's decision to increase policy accommodations by purchasing additional agency mortgage-backed securities at a pace of $40 billion per month. The program is open-ended by design, which allows the Federal Reserve to terminate it once the employment picture shows substantial improvement. The S&P 500 was the best performing index and it settled higher by 1.6%. Financials rallied on the news and Bank of America (BAC 9.55, +0.15) led all majors with an advance of 4.8%.DJ30 +53.51 NASDAQ +28.12 SP500 +5.78 NASDAQ Adv/Vol/Dec 1616/1.94 bln/848 NYSE Adv/Vol/Dec 2104/899.8 mln/948
Support for the SPX remains at 1450 and then 1430 with resistance at 1476 and then 1500.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

1576 (10/11/07 top)
·         1565 (10/9/07 top)
·         1553 (10/31/07 top)
·         1524 (12/11/07 top)
·         1500
·         1499 (12/26/07 top)
·         1496 (12/27/07 gap fill needed: 1495.05-1496.66)
·         1489
·         1485
·         1481
·         1479
·         1478 (12/31/07 gap fill needed: 1475.83-1478.49)
·         1476
·         1475 (9/14/12 Intraday HOD for 2012: 1474.51)
·         1474.51 Friday HOD
·         1472
·         1468
·         1466 (9/14/12 Closing High for 2012: 1465.77)
·         1465.77 Friday Close – Monday Starts Here
·         1460.07 Friday LOD
·         1460
·         1440 (5/19/08 Intraday HOD for 2008: 1440.24)
·         1438
·         1435
·         1433.91 (9-day MA)
·         1431
·         1429
·         1427 (5/19/08 Closing High for 2008: 1426.63)
·         1424
·         1422
·         1420.79 (20-day MA)
·         1419
·         1414.45 (200 EMA on 60-Minute Chart)
·         1413
·         1410
·         1406 (5/29/08 HOD)
·         1392.62 (50-day MA)
·         1391
·         1389 

FOR 9/17 SPX resistance, pivot &  support
Resistance R3 1487.60, R2 1480.95, R1 1473.36
Pivot Point 1466.71
Support  S1 1459.12, S2 1452.47,  S3 1444.88
 
FOR Weekly 9/17-9/21 SPX resistance , pivot & support
Resistance R3 1529.05, R2 1501.68, R1 1483.72
Pivot Point 1456.35
Support  S1 1438.39, S2 1411.02, S3 1393.06

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