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Stock Market & Financial Investment News

News Breaks
December 27, 2012
10:40 EDTSPY, SPXS&P 500 falls for second session, levels to watch
The short-term downtrend in the index continues today, following weak consumer sentiment. At the current index level of 1410.12, next support is at 1405.93, and then the psychologically important 1400 area. All sectors are in the red this morning, with the Financials leading on the downside. The relative better performer, though still negative on the day, is Consumer Staples. Resistance is at 1416.43.
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May 17, 2013
08:45 EDTSPXS&P 500: Pivot points
The following are the pivot points for the SPX. Pivot High: 1655.490, Pivot Low: 1643.580. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.
May 16, 2013
15:58 EDTSPX, SPYS&P 500 heads to close on lows of the session, levels to watch
The index is heading down to support at the 1650 area, going out very close to the lows of the day. The only sector in the green today is Technology. Consumer Discretionary, Health Care, and the Financials are the sectors leading on the downside. A breakdown tomorrow below 1650 would be psychologically problematic for the bulls. Next support below 1650 would be at 1645.56. Resistance is at 1654.96.
08:45 EDTSPYStandard and Poor's Depository Receipts: Pivot points
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08:45 EDTSPXS&P 500: Pivot points
The following are the pivot points for the SPX. Pivot High: 1667.540, Pivot Low: 1652.730. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.
May 15, 2013
13:17 EDTSPX, SPYS&P 500 climbs to another record high by round number, levels to watch
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08:45 EDTSPYStandard and Poor's Depository Receipts: Pivot points
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08:45 EDTSPXS&P 500: Pivot points
The following are the pivot points for the SPX. Pivot High: 1659.395, Pivot Low: 1642.045. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.
May 14, 2013
11:01 EDTSPY, SPXS&P 500 breaks out, levels to watch
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09:44 EDTSPY, SPXS&P 500 notches another new life high, levels to watch
The index last hit 1639.35, making a run for 1640 and eventually 1650. The latter would be particularly significant as it might quiet bears who have felt this move was just a nominal new high for the index. At current price, support is at 1633.75.
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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May 13, 2013
09:56 EDTSPX, SPYS&P 500 slips in early trading, levels to watch
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08:46 EDTSPYStandard and Poor's Depository Receipts: Pivot points
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08:45 EDTSPXS&P 500: Pivot points
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