Asian Markets Update January 2, 2012

Asian stock markets rose Tuesday as signs of a pick-up in China's manufacturing activity boosted sentiment across the region, with resource stocks outperforming in Hong Kong and Sydney, while exporters led the Seoul market sharply higher.

In what was the first trading day of the new year for many regional markets, investors were encouraged by China's official Purchasing Managers Index, which rose to 50.3 in December, representing a return to expansionary territory after dipping below 50 in November, data released Sunday showed.

South Korea's Kospi Composite climbed 2.5%, while Hong Kong's Hang Seng Index added 2.1% and Australia's S&P/ASX 200 rose 1.2%. Markets in Japan, China, New Zealand, and Thailand were shut for holidays.

In Sydney, materials stocks led broad-based gains as investors took heart from China's PMI data as well as a decision by India's government Monday to increase its iron ore export tax. Fortescue Metals Group gained 2.6%, New Crest Mining rose 3.5% and Rio Tinto added 2.2%.

In foreign exchange markets, the euro rose against the U.S. dollar reflecting improved risk appetite, however gains were limited amid continued caution over the European sovereign-debt situation.

The single currency was at $1.2974, from $1.2930 late Monday, and at ¥99.73, from ¥99.49. The dollar was at ¥76.88, from ¥76.95.

Spot gold was at $1,579.10 per troy ounce, up $12.70 from its New York settlement on Friday. February Nymex crude oil futures were up $1.44 at $100.27 per barrel on Globex.

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Market performance in 2011

Stocks closed lower in the final trading day of a heavily volatile year. The Dow finished higher for the year, while the S&P erased its gains to close out largely flat.A look at the best and worst performers in the Dow Jones industrial average, which tracks 30 key U.S. companies; the biggest industry gainers and decliners in the broader S&P 500 index, which ended nearly flat for the year and some companies that rattled investors in 2011.  

The European debt crisis and resulting economic impact are the biggest unknowns/risks for 2012. Despite the anticipated weakness in Europe, the U.S. economy is expected to grow at a sluggish pace around 2% over the next several quarters. While this isn’t an exciting outlook, and is not likely to lead to a big improvement in the employment picture, the relative value argument for equities remains quite strong. As mentioned above, with the S&P 500 trading at 12x forward earnings, the market valuation has gotten more attractive from where we stood at the end of 2010 (14x). The earnings yield of 8.2% is very attractive when compared to a 1.9% yield on 10-year treasuries. Additionally, U.S. corporate balance sheets are strong with record levels of cash. While these factors argue for an investment in equities, the attractive valuations are a reflection of the increased risk premiums being demanded in the face of so much uncertainty.

While the European situation is the biggest potential risk for 2012, it is a known variable the market has been dealing with for quite some time now. The current situation is factored in to market values. Other variables that are likely to play a part in market valuations and volatility include the trajectory of China’s economy, the political dynamics ahead of the 2012 U.S. presidential election, and geopolitical issues that crop up around the world (North Korea, Iran seem like potential areas of concern). 

Best-Performing AMEX Stocks in 2011 

Best-Performing NASDAQ Stocks in 2011
Worst-Performing NASDAQ Stocks in 2011 
Best-Performing S&P Stocks in 2011
Worst-Performing S&P Stocks in 2011  
Best-Performing DJIA Stocks in 2011

U.S. Equities 
Dec 2011                     Jan 2011  2011%  2010 %
   close                                  open          Change    Change      
Dow Jones 12,166.21  11,577.51  5.1% 10.8%
S&P 500  1,251.69  1,257.64  -0.5% 12.6%
Nasdaq Composite 2,596.33  2,652.87  -2.1% 16.9% 
Russell 2000 Index 738.71  783.65  -5.7% 26.1%  
CBOE Volatility Index (VIX) 23.47  17.75  32.2% -19.2%

Europe Equities
Dec 2011                     Jan 2011  2011%  2010 %  
   close                                  open          Change    Change   
FTSE 100 (UK) 5,512.70  5,899.90  -6.6% -31.3%   
CAC 40 (France) 3,071.10  3,804.78  -19.3% -42.7%  
Dax (Germany) 5,771.30  5,889.76  -2.0% 16.1%   
Ibex 35 (Spain) 8,358.40  9,859.10  -15.2% -17.8%  
FTSE MIB Index (Italy) 14,796.50  20,173.29  -26.7% -12.8%
ASE 20 Index (Greece) 258.30  663.10  -61.0% 40.9%

Asia and South Pacific Equities
Dec 2011                     Jan 2011  2011%  2010 %  
   close                                  open          Change    Change   
Nikkei 225 (Japan) 8,423.60  10,228.92  -17.6% -3.0% 
Hang Seng (Hong Kong) 18,518.70  23,035.45  -19.6% 5.3%  
Shanghai Composite (China) 2,273.30  2,808.08  -19.0% -14.3%
Sensex (India) 15,727.90  20,509.09  -23.3% 17.4%   
Kospi (South Korea) 1,825.00  2,051.00  -11.0% 21.9%   
ASX 200 (Australia) 4,088.80  4,746.20  -13.9% -1.8%

Currency
Dec 2011                     Jan 2011  2011%  2010 %  
   close                                  open          Change    Change   
Dollar Index 80.52 79.52 1.3% 1.4%  
Euro 1.2937 1.34 3.0% 7.4%   
Pound 1.5478 1.56 1.0% -1.4%  
Yen 77.98 81.10 -3.8% 12.9%  
Yuan 6.3172 6.59 -4.2% -3.3%   
Swiss Franc 0.9425 0.94 0.8% -10.8%

Commodity
Dec 2011                     Jan 2011  2011%  2010 %  
   close                                  open          Change    Change   
CRB index 306.33 332.80 -8.0% 15.8%  
Crude Oil 99.68 91.38 9.1% 12.2% 
Natural Gas 3.11 4.22 -26.3% -21.1% 
Gold  1566 1421.10 10.2% 28.8% 
Silver 27.47 31.22 -12.0% 81.2% 
Corn 6.44 6.29 2.4% 32.1% 
Soybeans 12.15 14.03 -13.4% 23.4%

S&P 500 Sectors
Dec 2011                     Jan 2011  2011%  2010 %  
   close                                  open          Change    Change   
Financial  173.72 214.77 -19.1% 11.9%  
Healthcare 399.38 364.78 9.5% 2.9%   
Energy 516.28 506.75 1.9% 20.3%  
Consumer Staples 335.39 303.58 10.5% 14.1%   
Consumer Discretionary  307.23 295.64 3.9% 27.7%   
Industrial s 290.18 301.12 -3.6% 26.4%   
Utilities 182.4 159.34 14.5% 5.5% 
Materials 209.46 239.61 -12.6% 22.2% 
Information Technology 408.56 404.55 1.0% 10.0%  
Airlines 80.02 123.65 -35.3% 41.9%

In the end, the United States outperformed global markets. Among major U.S. markets, the blue-chip Dow Jones Industrial Average (+5%) fared the best during 2011, while the small-cap Russell 2000 (-6%) fared the worst. European markets performed much worse. Greece (-61%) was the biggest loser in Europe as concerns mounted over the country's ability to repay its debts all year. Italy (-27%) and Spain (-15%) didn't fare much better, as the solvency concerns spread. Emerging markets also had a poor performance. India (-23%) was the biggest loser, followed by Hong Kong (-20%) and China (-19%). Even South America wasn't spared, as Brazil lost 18% on the year. Finally, Japan (-18%) struggled all year as the country tried to recover from the devastating March earthquake.

On the FX side, the dollar gained 1.4% against a basket of currencies, while the Euro fell 1% against the dollar. The Swiss Franc had a wild year but ended up nearly flat against the dollar. Finally, the Yen and Yuan (both +4%) continued to gain against the greenback.

On the commodities front, Gold was the top performer gaining 10%, which is the metal's 11th straight year of gains despite falling ~20% from its highs above $1900/ounce. Crude oil was close behind, gaining 9% this year. Some notable losers were silver (-12%) and Soybeans (-13%).

Among S&P Sectors, defensive sectors such as Utilities (+14%) and Consumer Staples (+10%) performed the best as investors sought safety in high dividend paying stocks. On the flip side Airlines (-35%) were the worst performer of 2011, followed by Financials (-19%).

  
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Technical Buy or Sell : FSL, MMM, MRO, MMS, GNW, RIMM - 1/2/12

During regular trading hours, there were many stocks that continued to break out to the upside.Below these stocks are technical analysis which is lowest point of an downward trend. This is Trading signals that the downward trend is weakening and that buyers are gaining interest. The start of the pattern is a new low during the downward trend and after this point it finds support which stops the stock from falling further. Once stocks found support, it rises to a new resistance level. This sequence happens again and when the stock reaches its support level it will rise to the resistance level again, thus starting an uptrend. The stock needs to break out from the support level so it can rise further. High volume will validate a breakout. Investors should pay specific attention to the support and resistance levels, which will help them determine when to buy or sell the stock. You can also check previous stocks to buy reports- Right Here today.  Hot stocks Today Right Here.Market Technical analysis Right Here

Here are some  stocks Technical analysis :

Freescale Semiconductor Holdings I, Ltd (FSL)-Shares of Freescale Semiconductor Holdings I, Ltd (FSL) fell by 2.62% or $-0.34/share to $12.65. In the past year, the shares have traded as low as $9.43 and as high as $20.97.Resistance area is $14.11 and support level at $11.73.

3M Co (MMM)-Shares of 3M Co (MMM) fell by 0.46% or $-0.38/share to $81.73. In the past year, the shares have traded as low as $68.14 and as high as $96.85. Resistance area is $83.36 and support level at $77.511.

Marathon Oil Corporation (MRO)-Shares of Marathon Oil Corporation (MRO) fell by 0.10% or $-0.03/share to $29.27. In the past year, the shares have traded as low as $19.03 and as high as $34.59. Resistance area is $30.58 and support level at $26.

MAXIMUS, Inc (MMS)-Shares of MAXIMUS, Inc (MMS) fell by 0.51% or $-0.21/share to $41.35. In the past year, the shares have traded as low as $30.98 and as high as $42.73. Resistance area is $42.73 and support level at $40.

Genworth Financial Inc (GNW)-Shares of Genworth Financial Inc (GNW) traded higher by 1.55% or $0.10/share to $6.55. In the past year, the shares have traded as low as $4.80 and as high as $14.77.Resistance area is $7.05 and support level at $5.69. 

Leap Wireless International Inc (LEAP)-Shares of Leap Wireless International Inc (LEAP) traded higher by 9.42% or $0.80/share to $9.29. In the past year, the shares have traded as low as $5.50 and as high as $17.66.Resistance area is $10.35 and support level at $8.

Research In Motion Limited (RIMM)-Shares of Research In Motion Limited (RIMM) traded higher by 1.12% or $0.16/share to $14.5. In the past year, the shares have traded as low as $12.45 and as high as $70.53. Resistance area is $15 and support level at $12.50.

More Technical Buy or Sell

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Stock Market Futures January 3, 2012 Dow Jones, Nasdaq, S & P Futures

Do you want to know how the Stock Market Futures now? All Market Futures are showing a higher open for Pre market but who knows if it will Higher Stock Future January 03, 2012. Also check out my Top 2011 Stock Gainers, Stocks to Buy 2012.Hot stocks Today Right Here.Market Technical analysis Right Here.Also more stock to watch for today  Right Here.

Stock Market Futures - 1/3/2012 -Updated 6 AM EST 
I will keep updating ....

Tuesday, Dec 27
0500 CT – CME Globex open for trade date Tuesday, January 03, 2012

1515 CT – Regular CME Globex close for trade date Tuesday, January 03, 2012

Source: http://www.cmegroup.com/tools-information/holiday-calendar/index.html


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Freeport-McMoRan Copper & Gold Inc. (FCX) & First Solar, Inc.(FSLR) - Weekly Stocks Pick January 3-6, 2012

During last week of trading, there were many stocks that continued to break out to the upside. Watch Resistance & support levels Below are a list of stocks that I am watching January 3-6, 2012.You can also check previous stocks to buy reports - Right here & Previous Weekly Stocks Pick Gainers- Right here

Freeport-McMoRan Copper & Gold Inc. (FCX)- Share of Freeport-McMoRan Copper & Gold Inc. (FCX) is trading near $30 in late 2011. Stock was low $28.65 which is are good buying opptunity again if any correction.This is another stock could be double from here or stock could go $60-$70 stock next 12 months. Freeport-McMoRan Copper &  Gold Inc. (FCX) is found support in near $30s.FCX has resistance $40 followed by $45 and  support area is $35. FCX is a buy low $30 any market correction.This is my one of the Top Pick for 2012.

1/3-1/6 Weekly FCX resistance, pivot & support

Resistance R3 37.18, R2 36.81, R1 36.80
Pivot Point 36.43
Support  S1 36.42, S2 36.05, S3 36.04

Technical Analysis Stock Charts: Charts Below

60m chart
Daily chart


First Solar, Inc.(FSLR)- Share of First Solar, Inc.(FSLR) is trading near $30 last  week.Share of First Solar, Inc. (FSLR)is one of the worst stock of year 2011.I am looking for long side mid $20 for long term buy any market correction. I am just 10% long near $40 level and looking any pullback. This stock could be $60-70 stock  next 12 months. Stock was one of the hot stock was $2010-$2111. First Solar, Inc. (FSLR) is a strong buy below $30 per share for long term buy list  for 2012.This is my one of the Top Pick for 2012.

1/3-1/6 Weekly FSLR resistance, pivot & support

Resistance R3 38.39, R2 36.54, R1 35.15
Pivot Point 33.30
Support  S1 31.91, S2 30.06, S3 28.67

Technical Analysis Stock Charts: Charts Below

60m chart
Daily chart


Weekly Stocks Pick Rule: When ever I buy or short stocks if that stocks go up short term quick 5-10% gain, I took profit and buy back in low price again. When ever I buy stock always have stop price. Always protect my original capital.

For the latest updates on the stock market, visit, 
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2012 Stock's (AAPL, C, BAC, CSCO, MCP, X, FCX, DRYS, FSLR ) Weekly/Monthly Resistance & Support

These are 2012 Stock's Weekly/Monthly Resistance & Support  2012. Below are a list of stocks that I am watching for January 2-6, 2012. Also check out my Top 2011 Stock Gainers, Stocks to Buy 2012.You can also check Hot stocks to Buy Today Right Here.

Apple Inc AAPL Stock Technical Analysis

1/2 Weekly AAPL resistance , pivot & support
Resistance R3 417.72, R2 413.38, R1 409.19
Pivot Point $406.66
Support     S1 388.01,  S2 346.32, S3 392.13
   
1/12 Monthly AAPL resistance , pivot & support
Resistance R3 448.16, R2 428.60, R1 416.80
Pivot Point $397.24
Support    S1 385.44, S2 365.88, S3 354.08

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart

Citigroup Inc C Stock Technical Analysis  

1/2 Weekly C resistance , pivot & support
Resistance R3 $29.11, R2 $28.43, R1 $27.37
Pivot Point $26.69
Support     S1 $26.53, S2 $24.95, S3 $23.89
 
1/12 Monthly C resistance , pivot & support
Resistance R3 $32.57, R2 $31.35, R1 $28.83
Pivot Point $27.61
Support     S1 $25.09, S2 $23.87, S3 $21.35

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart 

Bank of America Corporation BAC Stock Technical Analysis

1/2 Weekly BAC resistance , pivot & support
Resistance   R3 $5.98, R2 $5.78, R1 $5.67
Pivot Point  $5.47
Support      S1 $5.36, S2 $5.16, S3 $5.05

1/12 Monthly BAC resistance , pivot & support
Resistance  R3 $6.46, R2 $6.02, R1 $5.79
Pivot Point $5.35
Support     S1 $5.12, S2 $4.68, S3 $4.45

Technical Analysis Stock Charts: Charts Below

60m chart

Daily chart

Weekly chart

Cisco Systems  Inc. CSCO Stock Technical Analysis  

1/2 Weekly  CSCO resistance , pivot & support

Resistance R3 $19.05, R2 $18.84, R1 $18.46

Pivot Point  $18.25

Support     S1 $17.87, S2 $17.66, S3 $17.28

1/12 Monthly  CSCO resistance , pivot & support

Resistance  R3 $20.34, R2 $19.70, R1 $18.89

Pivot Point $18.25

Support     S1 $17.44, S2 $16.80, S3 $15.99

Technical Analysis Stock Charts: Charts Below

60m chart
Daily chart
Weekly chart

Molycorp Inc. MCP Stock Technical Analysis 

1/2 Weekly MCP resistance , pivot & support
Resistance   R3 $33.83, R2 $31.49, R1 $27.73
Pivot Point  $25.89
Support      S1 $21.63, S2 $19.29, S3 $15.53

1/12 Monthly MCP resistance , pivot & support
Resistance   R3 $43.50, R2 $39.22, R1 $31.60
Pivot Point  $27.32
Support      S1 $19.70, S2 $15.42, S3 $7.80
 
Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart

United States Steel Corp X Stock Technical Analysis

1/2 Weekly X resistance , pivot & support
Resistance R3 $28.81, R2 $27.80, R1 $27.13
Pivot Point $26.12
Support S1 $25.45, S2 $24.44, S3 $23.77

1/12 Monthly X resistance , pivot & support
Resistance R3 $34.79, R2 $32.01, R1 $29.23
Pivot Point $26.45
Support S1 $23.67, S2 $20.89, S3 $18.11

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart  

Freeport-McMoRan Copper & Gold Inc. FCX Stock Technical Analysis

1/2 Weekly FCX resistance , pivot & support
Resistance R3 $37.18, R2 $36.81, R1 $36.80
Pivot Point $36.43
Support S1 $36.42, S2 $36.05, S3 $36.04

1/12 Monthly FCX resistance , pivot & support
Resistance R3 $45.69, R2 $43.45, R1 $40.12
Pivot Point $37.88
Support S1 $34.55, S2 $32.31, S3 $29.98

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart

DryShips Inc DRYS Stock Technical Analysis

1/2 Weekly  DRYS resistance , pivot & support

Resistance R3 $2.27, R2 $2.21, R1 $2.10

Pivot Point $2.04

Support     S1 $1.93, S2 $1.87, S3 $1.76

1/12 Monthly  DRYS resistance , pivot & support

Resistance  R3 $3.01, R2 $2.80, R1 $2.40

Pivot Point $2.19

Support     S1 $1.79, S2 $1.58, S3 $1.18

Technical Analysis Stock Charts: Charts Below

60m chart

Daily chart

Weekly chart

First Solar, Inc. FSLR Stock Technical Analysis

1/2 Weekly FSLR resistance , pivot & support
Resistance R3 $38.39, R2 $36.54, R1 $35.15
Pivot Point $33.30
Support    S1 $31.91, S2 $30.06, S3 $28.67

1/12 Monthly FSLR resistance , pivot & support
Resistance  R3 $69.16, R2 $60.52, R1 $47.14
Pivot Point $38.50
Support      S1 $25.12, S2 $16.48, S3 $3.10

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart

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Stocks to Buy 1/3/12 January 3, 2012

Friday, during regular trading hours, there were many stocks that continued to break out to the upside. Watch Resistance & support levels. Below are a list of stocks that I am watching  for  January 3, 2012. Also check out my Top 2011 Stock Gainers, Stocks to Buy 2012.You can also check Hot stocks to Buy Today Right Here.

FOR 1/3 SPX resistance, pivot &  support
Resistance R3 1268.65, R2 1266.38, R1 1261.99
Pivot Point 1259.72
Support  S1 1255.33 S2 1253.06, S3 1248.67

FOR Weekly 1/3-1/6 SPX resistance , pivot & support
Resistance R3 1289.16, R2 1279.26, R1 1268.43
Pivot Point 1258.53
Support  S1 1247.70, S2 1237.80, S3 1226.97

 After hours update 12/30/11 

Story stock News: GOOG, BA, CNO, MGIC, SSN to Watch -Right Here

Stock to Watch 1/3/12-Top Stocks Pick Trading Ideas

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: TGAI, MOSY, CBMX, NKBK, APL, FSGI, MERU, AIQ
New High: RAM, EBTX, PRXI, EDMC
Overbought: CMM, RAM
Unusual Volume: GRMH, BKBK, UGEM, CUTR
Upgrade: ---
Earnings Before: ---
Insider Buying:  AMIN

Story & Breakout Stocks List:

Molycorp (MCP) - Molycorp (MCP) closed under $24 on Friday after rebound on new 52 weeks low.New support located at low $20s and resistance area is $27. This is my one of the Top Pick for 2012.

Akamai Technologies, Inc. (AKAM)-Share of Akamai Technologies, Inc. (AKAM) is hot stock in market now.Resistance level is $34 and support level is $27.50. 

Inhibitex, Inc. (INHX) -Share of Inhibtex , Inc (INHX)  has resistance $11.88 and new support area is $8.20. I bought some long premarket under $7 last week.I sold $75% of my position over $16 few days back.This is my one of the my Top Stock Gainer 2011. 

Mercadolibre, Inc. (MELI)-Share of  Mercadolibre, Inc. (MELI) has resistance area is $95.48 and support at $80. I will keep buy any weakness.

Green Mountain Coffee Roasters Inc. (GMCR) - Green Mountain Coffee Roasters Inc. (GMCR) is new resistance $50. GMCR is a buy for a trade low $40. 

Sina Corp. (SINA)-Sina Corp. (SINA)  will have support at the $46.85 level. SINA will have resistance located at $56.72.

Freeport-McMoRan Copper &  Gold Inc. (FCX) - Freeport-McMoRan Copper &  Gold Inc. (FCX)  has resistance level $45 and support at $34. This is my one of the Top Pick for 2012.

Netflix, Inc. (NFLX)-Netflix, Inc. (NFLX) is closed under $70. Netflix Inc (NFLX) is only bounce play now.Resistance area $80 and support at $63.

Baidu, Inc. (BIDU)-Share of Baidu, Inc. (BIDU) is trading under $120.Baidu Inc will have major resistance up $130 and support level is $110.

Amazon.com Inc. (AMZN)-Amazon.com Inc. (AMZN) is trading under $180.AMZN will have resistance at $200 & support as $165 which is buy.

Las Vegas Sands Corp.(LVS)- Las Vegas Sands Corp. will have resistance level at $45 and follow by $48. Las Vegas Sands (LVS) continues to be a buy below $38.

Alcoa Inc. (AA)-Shares of Alcoa Inc. (AA) are closed over $10.Alcoa Inc has resistance level $11.21 and support area is $9.

American Intl Group, Inc. (AIG)-Shares of American International Group, Inc. will have resistance level $22. AIG has support located at $19.

Acme Packet,Inc (APKT)-Share of Acme Packet  Inc has resistance area is $35. Stock is new support $29.25 which is need hold this area. 

DryShips, Inc. (DRYS)-Dryships Inc. (DRYS) stock is now trading under $3.00.The next major resistance level for Dryships is now $3.50 and support area is $2. This is my one top pick for 2012.

Popular Stocks List:

Direxion Daily Financial Bear 3X Shares (FAZ)

Daily Financial Bull 3X Shs(ETF)(FAS)-Daily Finan. Bull 3X Shs(ETF)(FAS) will have new support level at $55 with resistance located at $70. FAS is a strong buy near $50.

Bank of America Corporation (BAC)-Bank of America Corp (BAC) is closed $5.56 and stock has support area is $5.BAC will now have resistance at $8.88. This is my one of the Top Pick for 2012.

Goldman Sachs Group Inc. (GS)-Shares of Goldman Sachs Group (GS) has next  resistance $100. Stock is now a strong buy below $90.Stock has some support area $80. 

Apple Inc. (AAPL)-Share of Apple Inc. (AAPL) is short term support area is $363 which is 200 ema.Next short term support area is $390  Aaple could good buying opportunity.Apple will now have resistance up at $410-$415. Aaple has next resistance $415 if break resistance could be $430+ which is new 52 weeks high.Short term support level  200 ema.I think stock is buy under $350 any market correction.This is my one of the Top Pick for 2012.

Research In Motion Ltd. (RIMM)-Research in Motion (RIMM)  will have resistance on the upside level at $20-$21 and support level is $13.This stock is play for take over target stock.

Oracle Corp. (ORCL)-Share of Oracle Corp (ORCL) is continue trading near $26.Oracle stock has resistance level at $28-$29 and support area is $24.

Cisco Systems, Inc. (CSCO)- Share of Cisco Systems, Inc. (CSCO) is closed over $17.50. CSCO will have resistance around $19.50 and $20.50.I am looking for next 12 months $24-$25 price target.

Ford Motor Co. (F)-Share of Ford Motor will have resistance at $12.65 and support level is $9.32. Ford continues is a strong buy below low $10.

SIRIUS XM Radio Inc. (SIRI)-Share of Sirius XM Radio will now have support at $1.70 and resistance area is $1.90.Sirius XM Radio is a strong buy on pullbacks below $1.40.

Weekly Stocks Pick- Right Here

Advanced Micro Devices Inc. (AMD)- Share of Advanced Micro Devices Inc. is trading $5.20-$5.80. Advanced Micro Devices Inc. (AMD) will now have resistance located at $6. 

Potash Corp. of Saskatchewan, Inc. (POT) - Potash Corp. of Saskatchewan, Inc. (POT)  will now have resistance level at $47 and support level is low $40. POT is a strong buy below $40.

Keep on eye Bear ETF to Watch- I am waiting for long Bear ETF near 1280 area.Bear ETF which are good trading opportunity for the market as long as technical doesn't improve.I always set alert in my watch list.Take look my market   Ta analysis, I will long again Bear ETF.

iPath S&P 500 VIX Short-Term Futures ETN (VXX)
Direxion Small Cap Bear 3X Shares (ETF)(TZA)

Direxion Daily Small Cap Bull 3X Shares (TNA)

ProShares UltraShort Real Estate (ETF) (SRS)

iPath S& 500 VIX Short-Term Futures ETN (VXX)

SPDR Gold Trust (ETF) (GLD)

Daily Energy Bear 3x Shares (ERY)

ProShares UltraShort QQQ (ETF)(QID)

PowerShares QQQ Trust, Series 1 (QQQQ)

ProShares Ultra QQQ (ETF)(QLD)

SPDR S&  P MidCap 400 ETF (MDY)

SPDR S&  P 500 ETF (SPY)

ProShares Ultra S& P500 (ETF)(SSO)

Stocks to Watch for Day Trading:

These following stocks are good for Day trading for next day.Some stocks broke their key support level, bounce from recent low and some of the them are overbought. Keep watching in Technical chart to day trading opportunity.

Molycorp, Inc.(MCP), Alpha Natural Resources, Inc.(ANR), Rare Element Resources Ltd. (REE),  Coinstar Inc. (CSTR), Intrepid Potash, Inc. (IPI), United States Steel Corp. (X), SanDisk Corp. (SNDK). Riverbed Technology, Inc (RVBD), Juniper Networks, Inc.(JNPR)

Technical Buy Signal - 1/3/12

Apple Inc. (AAPL) 
Amazon.com Inc. (AMZN)
Advanced Micro Devices, Inc. (AMD)
Alcoa, Inc. (AA)
Baidu Inc. (BIDU)
Bed Bath & Beyond, Inc. (BBBY) 
NetApp Inc. (NTAP)
Netflix, Inc. (NFLX)
Nike Inc. (NKE)
NVIDIA Corporation (NVDA)
OmniVision Technologies Inc. (OVTI)
Pandora Media, Inc. (P)
Panera Bread Co. (PNRA)
Pfizer Inc. (PFE)
Caterpillar Inc. (CAT)
Potash Corp. of Saskatchewan, Inc. (POT)
Salesforce.com (CRM)
SodaStream International Ltd. (SODA)
Sohu.com Inc. (SOHU)
Starbucks Corp. (SBUX)
TravelZoo (TZOO)
Universal Display (PANL) 
Chipotle Mexican Grill, Inc. (CMG)
Ciena Corporation (CIEN)
Cirrus Logic Inc. (CRUS)
DryShips, Inc. (DRYS)
Exxon Mobil Corp. (XOM)
F5 Networks, Inc. (FFIV)
Freeport-McMoRan Copper & Gold Inc. (FCX)
Finisar Corp. (FNSR)
General Electric Company (GE)
Groupon Inc. (GRPN)
Hewlett-Packard Company (HPQ)
Hyperdynamics Corporation (HDY)
International Business Machines Corp. (IBM)
iPath S&P 500 VIX Short-Term Futures ETN (VXX)
JDS Uniphase Corporation (JDSU)
Level 3 Communications Inc. (LVLT)
MGM Resorts International (MGM)
Micron Technology, Inc. (MU) 

Other Stocks to Watch - 1/3/12

Groupon Inc. (GRPN)
TravelZoo Inc. (TZOO)
Pandora Media, Inc. (P)
Rediff.com India Ltd. (REDF)
Molycorp, Inc. (MCP)
Rare Element Resources Ltd. (REE)
China Shen Zhou Mining & Resources, Inc. (SHZ)
Threshold Pharmaceuticals Inc. (THLD)
Lululemon Athletica Inc. (LULU)
MGM Resorts International (MGM)
BSD Medical Corp. (BSDM)
RF Micro Devices Inc. (RFMD)
F5 Networks, Inc. (FFIV)
Broadcom Corp. (BRCM)
Local.com Corp. (LOCM)
ZAGG Incorporated (ZAGG)
Huntington Bancshares Inc. (HBAN)
Royale Energy Inc. (ROYL)
Coach Inc. (COH)
Bank of Ireland (IRE)
MBIA Inc. (MBI)
LDK Solar Co., Ltd. (LDK)
Novavax, Inc. (NVAX)
Sohu.com Inc. (SOHU)
InterOil Corporation (IOC)
American Intl Group, Inc. (AIG)
DryShips, Inc. (DRYS)
Dendreon Corp. (DNDN)
UAL Corporation (UAUA)
Paramount Gold and Silver Corp. (PZG)
Somaxon Pharmaceuticals, Inc. (SOMX)
Salesforce.com (CRM)
Mosaic Co. (MOS)
Cliffs Natural Resources Inc. (CLF)
Baidu, Inc. (BIDU)
Keryx Biopharmaceuticals Inc. (KERX)
Hewlett-Packard Company (HPQ)
Exxon Mobil Corp. (XOM)
BSD Medical Corp. (BSDM)
Uranium Resources, Inc. (URRE)
Origin Agritech Limited (SEED)
Canadian Solar Inc. (CSIQ)
Sify Technologies Limited (SIFY)
Southwest Airlines Co. (LUV)
Energy Conversion Devices, Inc. (ENER)
Bank of America Corp. (BAC)
Arena Pharmaceuticals, Inc. (ARNA)
XOMA Ltd. (XOMA)
Hewlett-Packard Company (HPQ)
Priceline.com Incorporated (PCLN)
UAL Corporation (UAUA)
GT Solar International, Inc. (SOLR)
Solarfun Power Holdings Co. Ltd. (SOLF)
CROCS Inc. (CROX)
Clean Energy Fuels Corp. (CLNE)
Limelight Networks, Inc. (LLNW)
Apple Inc. (AAPL)
Micron Technology, Inc. (MU)
Dot Hill Systems Corp. (HILL)
Sify Technologies Limited (SIFY)
China GengSheng Minerals, Inc (CHGS)
Crosshair Exploration & Mining Corp. (CXZ)
XOMA Ltd. (XOMA)
Uranium Resources, Inc. (URRE)
BSD Medical Corp. (BSDM)
RF Micro Devices Inc. (RFMD)
F5 Networks, Inc. (FFIV)
Broadcom Corp. (BRCM)
Local.com Corp. (LOCM)
ZAGG Incorporated (ZAGG)
Huntington Bancshares Inc. (HBAN)
Somaxon Pharmaceuticals, Inc. (SOMX)
Salesforce.com (CRM)
Mosaic Co. (MOS)
Cliffs Natural Resources Inc. (CLF)
Baidu, Inc. (BIDU)
Keryx Biopharmaceuticals Inc. (KERX)
Hewlett-Packard Company (HPQ)
Exxon Mobil Corp. (XOM)
BSD Medical Corp. (BSDM)
Uranium Resources, Inc. (URRE)
Origin Agritech Limited (SEED)
Canadian Solar Inc. (CSIQ)
Sify Technologies Limited (SIFY)
Southwest Airlines Co. (LUV)
Energy Conversion Devices, Inc. (ENER)
Bank of America Corp. (BAC)
Arena Pharmaceuticals, Inc. (ARNA)
XOMA Ltd. (XOMA)
Hewlett-Packard Company (HPQ)
Priceline.com Incorporated (PCLN)
UAL Corporation (UAUA)
GT Solar International, Inc. (SOLR)
Solarfun Power Holdings Co. Ltd. (SOLF)
CROCS Inc. (CROX)
Clean Energy Fuels Corp. (CLNE)
BSD Medical Corp. (BSDM)
Tenet Healthcare Corp. (THC)
Sunrise Senior Living Inc. (SRZ)
OpenTable, Inc. (OPEN)
Avanir Pharmaceuticals (AVNR)
YRC Worldwide Inc. (YRCW)
IMAX Corporation (IMAX)
Akamai Technologies Inc. (AKAM)
VIVUS Inc. (VVUS)
Pharmaceutical Product Development Inc. (PPDI)
Majesco Entertainment Co. (COOL)
STEC, Inc. (STEC)

Penny Stocks to Watch - 1/3/12

GenVec, Inc. (GNVC)
Inovio Pharmaceuticals, Inc. (INO)
Conolog Corp. (CNLG)
Cano Petroleum, Inc. (CFW)
Rexahn Pharmaceuticals, Inc. (RNN)
Angiotech Pharmaceuticals Inc. (ANPI)
Pacific Ethanol, Inc. (PEIX)
Cyclacel Pharmaceuticals, Inc. (CYCC)
Rentech, Inc. (RTK)
Hemispherx Biopharma, Inc. (HEB)
India Globalization Capital, Inc. (IGC)
ACADIA Pharmaceuticals, Inc. (ACAD)
Radient Pharmaceuticals Corporation (RPC)
China Direct Industries, Inc. (CDII)
GenVec Inc. (GNVC)
Poniard Pharmaceuticals, Inc. (PARD)
Pacific Ethanol, Inc. (PEIX)
Adeona Pharmaceuticals, Inc. (AEN)
Jones Soda Co. (JSDA)
Sunesis Pharmaceuticals Inc. (SNSS)
Sirius XM Radio Inc. (SIRI)
Rite Aid Corp. (RAD)
Plug Power Inc. (PLUG)
Generex Biotechnology Corp. (GNBT)
Cell Therapeutics, Inc. (CTIC)
Antigenics Inc. (AGEN)
Altair Nanotechnologies, Inc. (ALTI)
China BAK Battery, Inc. (CBAK
Cardium Therapeutics Inc. (CXM)
Eastman Kodak Co. (EK)
Coldwater Creek Inc. (CWTR)
China Infrastructure Investment Corp. (CIIC)
Horizon Lines, Inc. (HRZ)
Agria Corporation (GRO)
Quantum Corporation (QTM)
Openwave Systems Inc. (OPWV)
Microvision Inc. (MVIS)
Hovnanian Enterprises Inc. (HOV)
Ascent Solar Technologies, Inc. (ASTI)
China Sunergy Co. Ltd. (CSUN)
Columbia Laboratories Inc. (CBRX)
Repros Therapeutics Inc. (RPRX)
RAIT Financial Trust (RAS)
Beacon Power Corporation (BCON)
Bank of Ireland (IRE)
Allied Irish Banks plc (AIB)
Powerwave Technologies Inc. (PWAV)
RAM Energy Resources, Inc. (RAME)
Marina Biotech, Inc. (MRNA)
Tri-Valley Corporation (TIV)
OceanFreight, Inc. (OCNF)
Capstone Turbine Corp. (CPST)
Oilsands Quest, Inc. (BQI)
Globalstar Inc. (GSAT)
Aastrom Biosciences, Inc. (ASTM)
Crosshair Exploration & Mining Corp. (CXZ)
Hemispherx Biopharma, Inc. (HEB)
OceanFreight, Inc. (OCNF)
Delta Petroleum Corp. (DPTR)
Mad Catz Interactive Inc. (MCZ)
Rite Aid Corp. (RAD) 

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