Stock Market & Financial Investment News

News Breaks March 5, 2013 09:47 EDT SPY, SPX S&P 500 hits new 52-week high as Dow hits new life high As has been expected now for many weeks, the Dow Jones Industrial Average is making new life highs, last at 14,218. The S&P 500 is likewise in new high territory for the year, closing in on round number resistance at 1540, and then at 1552.50. That would put the index within easy reach of taking out its life high on the upside. It is likely that as we edge closer to these objectives, there will be an increase in momentum once breached. What happens after that may be more complicated given the generally heavily overbought conditions. Support is at 1529.39. News For SPY;SPX From The Last 14 Days Check below for free stories on SPY;SPX the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. 1 | 2 | 3 | all recent news | >> June 19, 2013 15:23 EDT SPX, SPY S&P 500 falls to session lows, levels to watch The yield on the 10-year Treasury hit a high of 2.33%, and that corresponds to a larger drop in the S&P 500, last at 1635.04. The low of the session at 1633.23 and then just below 1630 at 1629.05 are support levels that are now familiar territory after the back and forth between 1620 and 1650 that has been going on for some time. Resistance is at 1639.25. 14:08 EDT SPY, SPX S&P 500 heads modestly lower after FOMC statement The index is down to 1643.52 at time of writing, less than half-a-percent lower, following the FOMC statement. And additional dissenter and a somewhat brighter outlook on unemployment may be spooking traders. At current price, next support is at 1639.25. Resistance is at the 1650 area. We could well see additional swings in price during Bernanke's remarks at 2:30PM ET. 12:15 EDT SPY S&P 500 June 165 straddle priced for 1.6% movement into Fed statement 08:45 EDT SPY Standard and Poor's Depository Receipts: Pivot points The following are the pivot points for SPY. Pivot High: $166.597, Pivot Low: $165.127. 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. 08:45 EDT SPX S&P 500: Pivot points Subscribe for More Information June 18, 2013 11:49 EDT SPY, SPX S&P 500 hits session highs at mid-session, levels to watch Subscribe for More Information 08:45 EDT SPY Standard and Poor's Depository Receipts: Pivot points Subscribe for More Information 08:45 EDT SPX S&P 500: Pivot points Subscribe for More Information June 17, 2013 15:20 EDT SPX, SPY S&P 500 heads for session lows in last hour of trading Subscribe for More Information 10:03 EDT SPY, SPX S&P 500 hits resistance on approach to 1645 area, levels to watch Subscribe for More Information 08:45 EDT SPY Standard and Poor's Depository Receipts: Pivot points Subscribe for More Information 08:45 EDT SPX S&P 500: Pivot points Subscribe for More Information June 14, 2013 11:03 EDT SPX, SPY S&P 500 falls to session lows, levels to watch Subscribe for More Information 08:45 EDT SPY Standard and Poor's Depository Receipts: Pivot points Subscribe for More Information 08:45 EDT SPX S&P 500: Pivot points The following are the pivot points for the SPX. Pivot High: 1653.395, Pivot Low: 1622.215. 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. June 13, 2013 15:05 EDT SPX, SPY S&P 500 trades near highs of the session into last hour of trading Subscribe for More Information 08:45 EDT SPY Standard and Poor's Depository Receipts: Pivot points Subscribe for More Information 08:45 EDT SPX S&P 500: Pivot points Subscribe for More Information June 12, 2013 12:20 EDT SPX, SPY S&P 500 breaks support, levels to watch Support at 1617.50 has been broken. This puts next support at 1614.42, and then at 1608.90 which was last week's pivot low. Resistance is at 1622.56. 10:15 EDT SPY, SPX S&P 500 falls to session lows, levels to watch Subscribe for More Information 1 | 2 | 3 | all recent news | >> Sign up for a free trial to see the rest of the stories you've been missing.