S&P 500

 Separate  charts are for SPX - Retracement at Hand

In the last session the Index Price broke below the Lower Trend Line of the Rising Channel . The Price continued down to test the level 1292.66 . This level was the level termination point of the first leg ( EW 1 ) up from1074.77. The level is supported by several Fibonacci levels between 1292.46...

Right back at 1400 in the S&P 500 futures.  If that was the extent of the correction, it certainly was a mild one.  For those of you, including myself, looking for more a dip in the market, think again.  Stellar earnings for the most part, dividend increases, stock buybacks and splits set the...

Home decor stores are flourishing across the country in what appears to be a recession turn-around. In an almost unanimous call across the research firm board, Bed Bath & Beyond's (NASDAQ: BBBY) price target skyrocketed today following its promising Wednesday night conference call. The...

What a week for Federal Reserve Chairman, Jamie Dimon, I mean Ben Bernanke. With the premature release of the most recent Stress Test results, another leg of this overextended bull market was unleashed. As investors and funds managers identified another sector besides technology, (or should I...

Warren Buffett appeared on CNBC this morning and reiterated his bullishness on the U.S. equities. As a noted valued investor, Buffett tends to look for undervalued companies that are trading below their intrinsic values. Investors could see this as a signal that despite the recent rally in the...

A report from Piper Jaffray reiterates its Overweight rating and $30 price target on Assured Guaranty (NYSE: AGO). The report states, “S&P revised Assured Guaranty's operating companies to AA- (from AA+), moving to a stable outlook (from CreditWatch negative). The rating action follows months...

We are all familiar with the quoted value of stock indexes like the DOW or S&P 500 that we see on websites and TV news channels. Even though these quotes are of course accurate they are also ‘currency nominal', meaning that they ‘hide' the affects of US Dollar currency fluctuations. Recently...

By Parkin Furia Benzinga Staff Writer Salesforce.com (NYSE: CRM) is an information technology service provider to various businesses around the globe. It provides solutions for customer relations and management. Currently, the company has a market capital of $15.27 Billion and has more than...

By Michael A. Gayed On October 6 here on Minyanville I made the argument that markets were on the verge of a “Melt-Up” in the fall as market internals I track improved and signaled a sharp advance was to come (see The Most Powerful Reason to Believe in the Fall Melt-Up of 2011). October ended up...