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Stock Market & Financial Investment News

Today's Free Fly Stories
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08:46 EDTXLKTechnology Select Sector SPDR: Pivot points
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08:46 EDTXLEEnergy Select Sector SPDR: Pivot points
The following are the pivot points for XLE. Pivot High: $82.070, Pivot Low: $81.100. 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.
08:46 EDTXLYConsumer Discretionary Sector SPDR: Pivot points
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08:46 EDTXLBS&P Select Materials SPDR: Pivot points
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08:46 EDTXLUUtilities SPDR: Pivot points
The following are the pivot points for XLU. Pivot High: $44.535, Pivot Low: $44.025. 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.
08:46 EDTXLPConsumer Staples Sector SPDR: Pivot points
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08:46 EDTXLVHealth Care Select Sector SPDR: Pivot points
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08:45 EDTIWMiShares Trust Russell 2000 Index Fund: Pivot points
The following are the pivot points for IWM. Pivot High: $124.988, Pivot Low: $123.263. 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 EDTDIADiamonds Fund ETF: Pivot points
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08:45 EDTSPYStandard and Poor's Depository Receipts: Pivot points
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08:45 EDTXLFFinancial Select Sector: Pivot points
The following are the pivot points for XLF. Pivot High: $24.235, Pivot Low: $23.935. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.
08:45 EDTSMHMarket Vectors Semiconductor: Pivot points
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08:45 EDTQQQNASDAQ 100 Index Tracking Stock: Pivot points
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08:45 EDTSPXS&P 500: Pivot points
The following are the pivot points for the SPX. Pivot High: 2091.880, Pivot Low: 2061.670. These were calculated using the DeMark method. It is generally believed to be bullish when price breaks out above the pivot high or bearish when price breaks down below the pivot low.
08:45 EDT$COMPNasdaq Composite: Pivot points
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08:45 EDTNDXNasdaq 100 Index: Pivot points
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08:45 EDTU.S. equities are on the mend
U.S. equities are on the mend following European stocks higher in the wake of the China rate cut, which left shares there unimpressed. While the Shanghai Comp fell 1.6%, the Euro Stoxx 50 is 0.6% higher. That has left the Dow 105-points firmer, S&P up 10-points and NASDAQ up 17-points in pre-open action. Solid results for Morgan Stanley with a a 59% rise in profits thanks to M&A and trading revenues also helped buoy stocks after lifting MS 2.6%. Hasbro rallied 8.5% after demand for toys relating to movie tie-ins. On a bright note, former Senator, Goldman CEO and disgraced MF Global exec Jon Corzine is considering launching a hedge fund, according to the WSJ.
08:45 EDTU.S. Chicago Fed National Activity index fell to -0.42 in March
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08:44 EDTSHLOShiloh Industries to open new aluminum casting plant in China
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08:43 EDTSLBSchlumberger downgraded at CLSA
As previously reported, CLSA downgraded Schlumberger to Underperform from Buy and maintained its $94 price target. The firm downgraded shares due to valuation and said the stock is discounting oil prices in the $70s and a rapid inflection in rig count.
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