ChOTD-4/10/14 This Level Has Been Key Initial Support On Pullbacks In Sector & Subsector SPDRs
It is said that much can be gleaned from studying the nature of a pullback. This includes identifying key levels or indicators the market is…
UPDATE: S&P 500 Held Upper-1830’s Level; Judging Bounce is Next Key
On Monday, we highlighted the upper-1830’s area as the first significant level of support in the S&P 500. That level held precisely. Now, the key…
ChOTD-4/9/14 Stock Market Down 1% Friday & Monday
In yesterday’s Stat Of The Day, we mentioned that on Friday and Monday, the S&P 500 fell at least 1% each day. This was the…
Biotech Knife-Catchers May Soon Get Their Chance ($XBI)
The SPDR Biotech ETF ($XBI) is nearing a major cluster of Fibonacci Retracement support around the 127 level. This may be the level from which…
My401kPro’s April Update!
My401kPro’s April update is in. Check out the Commentary, current Equity Allocation and your Fund Rankings http://www.My401kPro.com
SOTD-4/8/14 1st Time S&P 500 Dropped > 1% on Consecutive Friday-Monday Since October 2011 Market Low
Both this past Friday and yesterday, the S&P 500 dropped more than 1%. This marks the 1st time since the market low in 2011 (September 30 and…
ChOTD-4/8/14 Penny Stock Dollar Volume Spikes to non-2000 Record High
In March, dollar volume traded in OTC Bulletin Board stocks, or Penny Stocks, reached an all-time record (outside of the 1st quarter of 2000). With…
S&P 500: Upper-1830’s 1st Near-Term Support Level of Significance
Key short-term Fibonacci Retracement lines from the October and February lows, the 50-day SMA and the pivot level between the December-January tops and the February-March…
SOTD-4/7/14 NYSE & Nasdaq Advancing Issues Dropping Each Day, Mon-Fri
Today’s Stat Of The Day is interesting and surprising…though perhaps not especially helpful. Last week, there were fewer advancing issues on both the NYSE and…
UPDATE: Australian Dollar ($FXA) >93, Up 3% Since 2/19 ChOTD “Bottom” Post
On February 19, our Chart of the Day was the potential bottom in the CurrencyShares Australian Dollar ($FXA). Since then, FXA is up 3% and hit…