OptionsHouse

Options Trading News

October 2, 2012  Tue 12:14 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
After a sharp 1 percent rally early yesterday morning, profit-taking throughout the session left the major indexes mixed by the close.

The S&P 500 traded as high as 1457.14 off the open before pulling back to finish at 1444.49, a gain of 3.82 points, or 0.27 percent.

The Nasdaq 100 also declined throughout the session after climbing to 2827.61 early. Shares of heavily weighted Apple gave up early gains and pushed the NDX into negative territory at the close, down 4.91 points, or 0.18 percent to 2794.28.

The Russell 2000 closed higher by 2.86 points, or 0.34 percent, at 840.31

S&P 500
Resistance is now 1446.29, followed by 1449.90, 1455, and 1457.14 (yesterday's high).
Support is now 1442.08, followed by 1440.84, 1437.42, and 1430.53.
Nasdaq 100
Resistance is now 2796, followed by 2800, 2804.32, and 2814.75.
Support is now 2790, followed by 2784, 2773, and 2768.58.
Russell 2000
Resistance is now 841.22, followed by 844.50, 845.14, and 847.
Support is now 840, followed by 838.58, 835, and 831.82.
Share this article with your friends


Related Stories

SPX

Stocks fall sharply on poor earnings

January 27, 2015

S&P 500 futures are down 1 percent, while European indexes have fallen 1 to 2 percentage points. Asia was mixed overnight, with Tokyo gaining almost 2 percent and Mumbai up 1 percent.

SPX

Consumer confidence, Apple on tap

January 27, 2015

Durable-goods orders for December get the ball rolling, followed by the Case-Shiller index of home prices, new home sales, and consumer confidence data. Apple reports after the close.

SPX

Stock bulls look past Greek elections

January 26, 2015

S&P 500 is down less than 0.1 percent, but the Nasdaq 100 is slightly positive ahead of earnings from Microsoft and Apple. European indexes have also turned solidly higher.

SPX

Today's agenda is calm before storm

January 26, 2015

Today is the quietest session, featuring only Germany's Ifo index of business confidence. D.R. Horton, Norfolk Southern, Seagate Technology, and Texas Industruments announce quarterly results.

SPX

Cramer: Possible signs of flash crash

January 23, 2015

The insanity and inanity of these market moves wrecks confidence and wants everyone to pay less for stocks--with the exception of the pure domestic plays.

OptionsHouse

Premium Services

Free Webinar

Option Money Machine Winter Classic

Education & Strategy

The rolling technique

In the January 7th edition of Advantage Point, we initiated the purchase of a second week-out GOOGL 535 put at...

View more education articles »