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Stock Market & Financial Investment News

News Breaks
November 23, 2012
10:30 EDTSPY, SPXS&P 500 retakes the psychologically important 1400 level in thin trading
The index has retaken the psychologically important 1400 level in thin post-holiday trading. At the current price of 1403.93, next resistance is at 1413.09. Support is at 1400, and then at 1394.53. All sectors with the exceptions of the Utilities are trading in the green. The advance on a sector basis is quite uniform, with no particular leadership.
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April 11, 2014
08:45 EDTSPXS&P 500: Pivot points
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April 10, 2014
13:29 EDTSPY, SPXS&P 500 tests 1840 once again, levels to watch
The index is near 1840, a now familiar level to traders as the index has oscillated between 1840 and 1880/90 now for more than a month. A breakdown below 1840 would see next support at 1836.25. Resistance is at 1847.61. A move below 1840 that stopped at 1830 would just mean the existing range has been slightly expanded, just as 1890 was an expansion of the 1880 band which proved short-lived. Today is in many respects an inversion of yesterday's trading day, but without any real signs of panic with the exception of certain names, such as Pandora (P), where there are big give-ups.
08:45 EDTSPYStandard and Poor's Depository Receipts: Pivot points
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08:45 EDTSPXS&P 500: Pivot points
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