11:22am ET
Investing
S&P Chart Breaks Down (SPY)
The S&P 500 hit a new 52-week high and 2012 high on Tuesday, but only briefly as resistance proved to be too strong after too much of a run. Today we are…
Jon C. Ogg SPY Coverage Page 127
Jon C. Ogg 10:11am ET
Investing
S&P Chart May Lead Other Index Readings (SPY)
The S&P 500 just hit a 52-week high and 2012 high today, while the DJIA and the NASDAQ are still just within striking range of their highs. Today we are tracking the…
Jon C. Ogg 10:20am ET
Investing
S&P Chart Failure Creating Opportunity
The market is looking for direction and we are still on the heels of a rally that has gone for five consecutive weeks now. This makes those charts more important than ever.…
Jon C. Ogg 10:50am ET
Investing
S&P Chart Starts Week Fighting Major Gains (SPY)
The market is trying to figure out what to do after 5 weeks of gains. That puts the chartists in charge on a day that is light with news flow. Today we are…
Jon C. Ogg 10:15am ET
Investing
S&P Chart Failing At Resistance (SPY)
Jon OggThe market is down as investors have sold the S&P down after the markets have recovered to the same levels seen in early May. Today we are tracking the daily buy/sell points…
Jon C. Ogg 11:03am ET
Investing
S&P Chart Back At Resistance (SPY)
The market is back up against resistance on the charts! Today we are tracking the daily buy/sell points on the SPDR S&P 500 (NYSEMKT: SPY) as the most liquid equity ETF on the market…
Jon C. Ogg 10:13am ET
Investing
S&P Chart Shows Bulls Taking Pause at Resistance (SPY, MCD, HPQ)
Stocks gapped down this morning with a weak news flow from Europe and after a poor sales target from McDonald’s Corp. (NYSE: MCD) going into the red, along with higher labor costs…
10:11am ET
Investing
S&P Bounce Shows Key Chart Signal… Buzz Lightyear Lives! (SPY)
Stocks popped this morning as the S&P 500 is trying to challenge the levels the markets sold off of back in April and May. Today we are tracking the daily buy/sell points…
Jon C. Ogg 10:32am ET
Investing
ETFs About to Surpass Trade in S&P 500
Bloomberg reported this morning that, for the first time, the value of transactions in exchange-traded funds (ETFs) that track the Standard & Poor’s 500 Index is set to surpass the turnover for…
10:08am ET
Investing
S&P 500 Chart Seeking Resistance (SPY)
Stocks are trading marginally higher to continue the late-week rally as no implosion news dominated the headlines this morning. Today we are tracking the daily buy/sell points on the SPDR S&P 500 (NYSEMKT:…
Jon C. Ogg 11:00am ET
Investing
ETF Inflows Show Key Sentiment Change: Risk & Income Tops Safe-Havens (SPY, GLD, SHY, JNK, HYG, IWM, VWO, DIA)
IndexUniverse.com has now released its July 2012 ETF Fund Flows data and the report is showing some key changes for the month on different asset classes. The total ETF fund flows were…
10:05am ET
Investing
S&P Chart Fights Draghi & ECB (SPY)
Stocks are lower after the ECB decided to stick its head in the sand with no rate cut, and Mario Draghi’s post-decision commentary did not show any plan other than ‘monitoring the coming…
Jon C. Ogg 2:19pm ET
Banking, finance, and taxes
FOMC Promises More Easing Measures As (if) Needed
Today’s Federal Open Market Committee decision on interest rates was never really about rates. How could it be? The reality is that Ben Bernanke and friends at the FOMC have already had…
10:15am ET
Investing
S&P Chart Braces for FOMC (SPY)
Stocks are higher after a better than expected ADP private payrolls report, but it still feels like the market is looking for direction after a weak ISM reading ahead of the FOMC announcement later…
Jon C. Ogg 10:19am ET
Investing
S&P Chart Targeting Resistance (SPY)
Stocks are currently higher on what is looking like a mixed day so far. We are on the back of big market gains so the chart has to be watched closely at the…
Jon C. Ogg