Learn the trade here. Make it on tradeMONSTER

Options Trading News

June 7, 2012  Thu 12:14 AM CT

SPX: SEE CHART GET CHAIN FIND STRATEGIES
U.S. equity indexes surged again yesterday, extending their winning streak to three consecutive days during this first full week of June.

The S&P 500 added 29.63 points, or 2.3 percent, to close on the session high of 1315.13.

The Nasdaq 100 added 58.82 points, or 2.36 points, to close at 2546.32. It was the index's largest gain for a single session in 2012.

The Russell 2000 outperformed its large-cap peers by nearly a quarter of a percent. The RUT closed higher by 19.08 points, or 2.56 percent, to close at 765.17.

S&P 500
Resistance is now 1316, followed by 1317.50, 1320.15, and 1323-30.
Support is 1315.19, followed by 1310.01, 1307.98, 1305, 1294.98, 1290-1285.
Nasdaq 100
Resistance is now 2547, followed by 2550, 2555, 2558.14, 2565, and 2570.70 (last Tuesday's high).
Support is now 2537.44, followed by 2533.50, 2530, 2527.03, and 2512.44-2500.
Russell 2000
Resistance is now 766, followed by 770.49, 772.89, and 780.
Support is now 764.54, followed by 763.39, 763, 762.22, and 760.


Related Stories

SPX

Equities pull back after record close

May 20, 2013

S&P 500 futures are down two-tenths of a percent. European indexes have been falling modestly since the open and remain little-changed overall. Asian markets rallied overnight, led by Hong Kong and Tokyo.

SPX

Chicago Fed data only calendar item

May 20, 2013

Today's only item is the Chicago Federal Reserve's index of economic activity at 8:30 a.m. ET. The report seldom moves broader sentiment.

SPX

Stocks attempt to stage a rebound

May 17, 2013

The main catalyst for the buyers appears to be coming from Asia, where Tokyo and Shanghai indexes rallied overnight amid positive Japanese economic data and signs that Chinese authorities will reduce economic regulations.

SPX

Equities are hovering at record levels

May 16, 2013

S&P 500 futures are indicated to open fractionally lower but have been nudging higher throughout the morning. The Nasdaq is up almost two-tenths of a percent after strong numbers from Cisco.

SPX

Equities in range after big gains

May 15, 2013

S&P 500 futures are little-changed, while most European indexes are posting small gains. Asian markets were mostly positive overnight, led by a 2 percent rally in Tokyo.

TRADING WEEKLIES

The fastest money in the market
View full report »

Premium Services

Education & Strategy

So why do we bother with spreads?

Trading options allows for far deeper levels of complexity than stocks. And while you may never fully venture all the...

View more education articles »
optionMONSTER stockMONSTER tradeMONSTER