Learn the trade here. Make it on tradeMONSTER

Options Trading News

August 23, 2012  Thu 2:06 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES

Buyers supported the S&P 500 yesterday, despite higher bond prices and early jitters about the global economy.

The gains came after the Federal Open Market Committee released the minutes of its last meeting at 2 p.m. ET. The Nasdaq also gained, although small caps lagged once again.

NDX rose 11.22 points, or 0.40 percent, to 2783.42 The small-cap Russell 2000 Index shed 2.80 points, or 0.34 percent, to end at 812.56.

S&P 500

Resistance now 1415, followed by 1416.09, 1422.50 and Tuesday's high of 1426.68.
Support is now 1412.50, followed by 1410, 1406.78 and Wednesday's low of 1404

Nasdaq 100

Resistance is now 2785, followed by 2790.01, 2797.22 and Tuesday's high of 2802.91.
Support is now 2780, followed by 2271.03, 2763.02 and Wednesday's low of 2759.14.

Russell 2000

Resistance is now 813, followed by 814.88, 815.50 and 817.50.
Support is now 812, followed by 810 and 805.

Share this article with your friends


Related Stories

SPX

Futures slip as market awaits news

July 28, 2014

S&P 500 futures are down about 0.1 percent, while Europe is mixed. Shanghai gained more than 2 percent ovenright after Chinese data showed industrial profit growth almost doubling in June.

SPX

Pending home sales lead calendar

July 28, 2014

The economic calendar begins slowly this week but grows increasingly busy. The main data report today is pending home sales at 10 a.m. ET.

SPX

Futures lower after Amazon misses

July 25, 2014

S&P 500 futures and Nasdaq 100 futures are slightly lower with the e-commerce giant down more than 10 percent. European trading is mixed, while Asian bourses were mostly higher overnight.

SPX

Quiet calendar before busy week

July 25, 2014

The only economic headline is Germany's Ifo survey of business conditions ahead of a full calendar next week. AbbVie, LyondellBassell, Tyco, Vodafone, and Xerox issue quarterly results today.

SPX

Earnings, data send stocks higher

July 24, 2014

Stocks are poised to set new records today, fueled by strong earnings and economic data. Investors are specifically reacting to blowout numbers from Facebook and strong global manufacturing numbers.

TRADING WEEKLY OPTIONS

The fastest money in the market
View full report »

Premium Services

Free Webinars

Education & Strategy

How to navigate earnings season

We are embarking on one of the most frustrating times for new option traders: earnings season.Many new traders buy options,...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER