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

Durable goods, jobless data on tap

April 24, 2014

The earnings calendar is heavy as well, with results from Caterpillar, GM, UPS, Verizon, Eli Lilly, Freeport-McMoRan, PulteGroup, D.R. Horton, Starwood, and American Airlines.

SPX

Equities retreat after quick rally

April 23, 2014

S&P 500 futures are off about 0.1 percent, while Europe is lower by about 0.5 percent. Asia was mixed overnight, with Tokyo up 1 percent and Hong Kong down by a similar amount.

SPX

Earnings, manufacturing on tap

April 23, 2014

In addition to HSBC/Markit's preliminary purchasing managers indexes for China and Europe, we will get earnings from Boeing, Delta Air Lines, Biogen Idec, EMC, and Dow Chemical this morning.

SPX

Stocks hover, pausing from rebound

April 22, 2014

S&P 500 futures are little-changed as the index pauses at a resistance level, but the Nasdaq 100 is continuing to claw its way back from its recent selloff.

SPX

Flood of earnings leads calendar

April 22, 2014

McDonald's, Travelers, United Technologies, Xerox, Lockheed Martin, Lexmark, AK Steel, and Arch Coal announce quarterly results before the opening bell.

Premium Services

Education & Strategy

Options and high-frequency trading

There has been much talk lately of high-frequency trading (HFT) and what it does--or doesn't--mean to the markets and retail...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER