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Stock Market & Financial Investment News

News Breaks
December 3, 2012
11:43 EDTSPX, SPYS&P 500 flattens out heading into noon-hour eastern time, levels to watch
The index is now nearly flat on the session, just down fractionally. The ranges today have been relatively wide, but have now stabilized at nearly unchanged. Sector breadth is not at any particular extreme, with the sectors reflecting a largely unchanged picture as well. The leader on the upside, and there is just one, is Technology. On the downside, Materials, Industrials, and Utilities are weaker. Support is currently at 1410.31. Resistance is at 1419.70.
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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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