Learn the trade here. Make it on tradeMONSTER

Options Trading News

September 12, 2012  Wed 12:14 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
U.S. equity indexes ended mixed yesterday ahead of this week's widely anticipated two-day Fed meeting, which begins today.

The S&P 500 gained 4.48 points, or 0.31 percent, to close at 1433.56. The SPX was aided by
strength in shares of IBM.

The Nasdaq 100 slipped in the last hour of trading as Apple sank to a session low of $656.50 before recovering slightly to close at $660.59, a loss of 0.32 percent. The NDX finished down 3.46 points, or 0.12 percent, to 2784.89.

The Russell 2000 held support at 840 to close higher by 2.54 points, or 0.3 percent, to 841.91.

S&P 500
Resistance is now 1434.10, followed by 1438.74 (Monday's high), 1440, and 1444.
Support is now 1433, followed by 1429.24, 1426.20, and 1423.53.
Nasdaq 100
Resistance is now 2788.28, followed by 2792.92, 2800, and 2810.
Support is now 2780.24 (yesterday's low), followed by 2775.72, 2770.71, and 2763.50.
Russell 2000
Resistance is now 843.50, 845.15 (yesterday's high), 847.92, and 850.
Suport is now 841, followed by 840, 838, and 835.
Share this article with your friends


Related Stories

SPX

Stocks try to rebound after payrolls

August 1, 2014

S&P 500 futures are now down just 0.1 percent, significantly paring earlier losses after job numbers calmed interest-rate fears.

SPX

Job report, ISM dominate calendar

August 1, 2014

Non-farm payrolls and manufacturing data are the big events on today's calendar. Economists forecast that 220,000 jobs were created last month.

SPX

Stocks continue retreat from highs

July 31, 2014

S&P 500 futures are down 0.6 percent. Europe is down across the board, led by a 2 percent selloff in Madrid. Asia was mixed overnight.

SPX

Jobless claims, Exxon results due

July 31, 2014

Initial jobless claims and Exxon Mobil's earnings are the main events on today's calendar. Economists forecast that 310,000 Americans sought unemployment benefits for the first time.

SPX

Stocks rally on strong GDP growth

July 30, 2014

S&P 500 futures accelerate to the upside after second-quarter economic growth and ADP's payroll report beat estimates.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Education & Strategy

Why traders hedge with sector ETFs

Many people who are not familiar with options think that they increase risk, but their first and primary purpose is...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER