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Stock Market & Financial Investment News

News Breaks
October 22, 2012
08:53 EDTSPYStandard and Poor's Depository Receipts: Pivot points
The following are the pivot points for SPY. Pivot High: $144.475, Pivot Low: $141.965. 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.
News For SPY From The Last 14 Days
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May 22, 2013
08:45 EDTSPYStandard and Poor's Depository Receipts: Pivot points
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May 21, 2013
11:33 EDTSPYS&P 500 has a potential bearish intraday pattern
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10:32 EDTSPYS&P 500 turns down from resistance at 1670 area
The index can't seem to hold above 1670, and is now turning lower as we head into the second half of the trading morning on the east coast. At the current level of 1664.86, next support is at 1659.77 and then at 1655.16. Resistance is at 1670.
08:45 EDTSPYStandard and Poor's Depository Receipts: Pivot points
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May 20, 2013
14:23 EDTSPYS&P 500 falls to session lows in later afternoon trading
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11:13 EDTSPYS&P 500 nears another new life high, levels to watch
The 1670 level appears likely to be touched today. A breakout above it would mean a probable set of upside objectives at the "5s" and "10s", 1705 and 1710 respectively. Support is at 1664.63, today's session low. Energy and the Financials are doing most of the upside heavy lifting today. Consumer Staples, Consumer Discretionary, and Health Care are laggards or red on the day.
08:45 EDTSPYStandard and Poor's Depository Receipts: Pivot points
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May 17, 2013
10:02 EDTSPYS&P 500 moves higher after sentiment data, levels to watch
The index may be ready to push through 1660, which would put next upside objectives at the "5s" and "10s", 1665 and then 1670. First resistance is 1661.49, which is the life high for the index. Support on a failure to punch through is at 1652.45.
08:45 EDTSPYStandard and Poor's Depository Receipts: Pivot points
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May 16, 2013
15:58 EDTSPYS&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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May 15, 2013
13:17 EDTSPYS&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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May 14, 2013
11:01 EDTSPYS&P 500 breaks out, levels to watch
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09:44 EDTSPYS&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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May 13, 2013
09:56 EDTSPYS&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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May 10, 2013
08:45 EDTSPYStandard and Poor's Depository Receipts: Pivot points
The following are the pivot points for SPY. Pivot High: $163.290, Pivot Low: $162.060. 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 9, 2013
10:31 EDTSPYS&P 500 slips from earlier highs, levels to watch
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