S&P 500 Index

After trading below its 200-day MA for most of the day, the S&P 500 (SPX) has rallied and now trades at 1,117, two points above its 200-day MA of 1,115. Will the S&P be able to hold this key level? Many traders believe you should "buy the dip" as long as the market holds its 200-day MA and...

The S&P 500 (SPX) today finished 12.35 points higher, or 1.12%, to close at 1,115.01 after FedEx (NYSE: FDX) raised its earnings forecast and new home sales came in better than expected. FedEx helped buoy the bulls this morning after raising its first-quarter earnings outlook by 20 cents per...

Both the Dow Jones Industrial Average (DJI) and the S&P 500 Index (SPX) are sporting gains of roughly 1 percent in late-morning trading today. The indices are coming up on firm resistance at their respective 200-day Moving averages. The Dow is currently trading at 10,308 and traded as high as...

The S&P 500 Large Cap Index ( NYSE:$SPX ) opened the session with a Gap Down and then proceeded to fill said Gap except for 0.02 points. For those who observed this move would have known that any downside would be regained in order to fill the remaining 0.02 point gap between 1149.97 and 1149...

The S&P 500 Large Cap Index ( NYSE:$SPX ) got within 0.53 points of reaching the preliminary target level of 1153.94 and then closed just below 1150 at 1149.99. While there may some correction still to come, I believe that the final top of the Bear Market Rally is perhaps two to three days...

The S&P 500 Large Cap Index ( NYSE:$SPX ) spent the day "killing time " with a session close of 1122.97 . The S&P 500 SPDRs ( SPY ) gained 0.34 points to close at 112.64 . There may still be some upside to go but we may have to wait until Monday for that event. It will probably be a "...

The S&P 500 Large Cap Index ( NYSE:$SPX ) and the ETF S&P 500 SPDRs (NYSE: SPY) continued to test new resistances in search of the Top of this Bear Market Rally. In the last session the Index stopped dead at the Fibonacci level 1125.6 . The high of 1125.64 was reached early in the session...

The shares of PS DB MultiSect Met ( NYSE:DBB ) or PowerShares DB Base Metals Fund ( NYSE:DBB ) did not reach the target level [ Close below 21.02 ] [A] and therefore it is time to reexamine the chart for a possible entry level for a short position. In the last session the share price reached a...

The S&P 500 Index ( $SPX:NYSE ) rose 0.22 points more than I expected to an intraday high of 1116.11. However from a Fibonacci viewpoint the rise above 1115.89 was "fleeting' and within the my guidelines and the close at 1115.71 suggests that the "TOP" is in . They, who try to control the...

Time to look, once more, at the shares of PS DB MultiSect Met ( DBB:NYSE ) or PowerShares Base Metals Fund ( DBB:NYSE ) as a potential short candidate. Previously it was a short candidate at 21.10 and the price objective was 19.71 . The share price reached a low of 21.02 where it reversed when...