Coming up to the purple resistance on the daily at around 11,555.
DJ Daily
DJ Daily
- #62
- Aug 16, 2011 10:50am Aug 16, 2011 10:50am
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
A lot of volume last week also, could be a turning point to have a nice rally.
DJ Daily
DJ Daily
- #64
- Aug 17, 2011 3:36pm Aug 17, 2011 3:36pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
US STOCKS
US EQUITY WRAP
Equities finished in minor positive territory, a bullish market on the back of strong earnings from Target (2.31%) and Staples (0.42%) reversed their gains on speculation of a slowing US economic recovery. An S&P report downgrading US growth forecasts for the next three consecutive years, inability for the Eurozone to warm to a Eurobonds idea and apprehension heading into Thursdays US CPI and Philadelphia Fed data weighed on sentiment. Seven sectors in S&P 500 finished in the green with outperformance seen in Telecommunications (1.60). Stocks with the highest call volumes at the closing bell were DELL, UPS, TGT and HPQ. DJIA closed up 0.04% at 11410.21, S&P 500 closed up 0.09% at 1193.88 and NASDAQ 100 closed down 0.47% at 2511.48.
Source: RANsquawk
The purple resistance around 11,555 still seems to be holding.
DJ H4
US EQUITY WRAP
Equities finished in minor positive territory, a bullish market on the back of strong earnings from Target (2.31%) and Staples (0.42%) reversed their gains on speculation of a slowing US economic recovery. An S&P report downgrading US growth forecasts for the next three consecutive years, inability for the Eurozone to warm to a Eurobonds idea and apprehension heading into Thursdays US CPI and Philadelphia Fed data weighed on sentiment. Seven sectors in S&P 500 finished in the green with outperformance seen in Telecommunications (1.60). Stocks with the highest call volumes at the closing bell were DELL, UPS, TGT and HPQ. DJIA closed up 0.04% at 11410.21, S&P 500 closed up 0.09% at 1193.88 and NASDAQ 100 closed down 0.47% at 2511.48.
Source: RANsquawk
The purple resistance around 11,555 still seems to be holding.
DJ H4
- #65
- Aug 18, 2011 11:38am Aug 18, 2011 11:38am
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
Coming down to test that support again.
DJ M1
DJ M1
- #67
- Aug 18, 2011 12:27pm Aug 18, 2011 12:27pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
Broke out the channel.
Would like another leg down to really help my long gold.
DJ M1
Would like another leg down to really help my long gold.
DJ M1
- #69
- Aug 18, 2011 12:38pm Aug 18, 2011 12:38pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
You've gotta love the fact DJ is a dream to trade with technical analysis using just trend lines.
You're welcome mysterio!
People don't appreciate how important indices are whilst trading Forex.
DJ M1
You're welcome mysterio!
People don't appreciate how important indices are whilst trading Forex.
DJ M1
- #71
- Aug 18, 2011 1:48pm Aug 18, 2011 1:48pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
Down again?
DJ M1
DJ M1
- #73
- Aug 18, 2011 2:08pm Aug 18, 2011 2:08pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
I wonder if we will see some support now and profit taking on the bottom parallel line.
DJ M1
DJ M1
- #74
- Aug 18, 2011 2:11pm Aug 18, 2011 2:11pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
I wonder if we will see some support now and profit taking on the bottom parallel line.
DJ M1
Attachment
DJ M1
- #76
- Aug 18, 2011 3:32pm Aug 18, 2011 3:32pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
US EQUITY WRAP
Equities finished in negative territory, underpinned with a NYSE 1.3bln sell-side imbalance, with VIX rising to 44.39. Very disappointing US Philadelphia Fed data, the biggest drop since March 2009, and weak Jobs data weighed on sentiment with asset reallocation into fixed income markets. Markets were bearish throughout the session, with major institutions downgrading global economic growth forecasts allied with growing concerns in the Eurozone regarding governments asking for Greek bailout collateral. Biggest US equity news of the session came from (HPQ) looking to spin-off their PC unit and possible acquisition of Autonomy, co. did cut their forecast on release of Q3 earnings. Stocks with the highest call option volumes at the closing bell were HPQ, ORCL, EK, UUP. Finally, DJIA closed down 3.68% at 10990.58, S&P 500 closed down 4.46% at 1140.65 and NASDAQ 100 closed down 2380.43% at 2380.43.
Source: RANsquawk
Should be an interesting day tomorrow.
DJ M1
Equities finished in negative territory, underpinned with a NYSE 1.3bln sell-side imbalance, with VIX rising to 44.39. Very disappointing US Philadelphia Fed data, the biggest drop since March 2009, and weak Jobs data weighed on sentiment with asset reallocation into fixed income markets. Markets were bearish throughout the session, with major institutions downgrading global economic growth forecasts allied with growing concerns in the Eurozone regarding governments asking for Greek bailout collateral. Biggest US equity news of the session came from (HPQ) looking to spin-off their PC unit and possible acquisition of Autonomy, co. did cut their forecast on release of Q3 earnings. Stocks with the highest call option volumes at the closing bell were HPQ, ORCL, EK, UUP. Finally, DJIA closed down 3.68% at 10990.58, S&P 500 closed down 4.46% at 1140.65 and NASDAQ 100 closed down 2380.43% at 2380.43.
Source: RANsquawk
Should be an interesting day tomorrow.
DJ M1
- #78
- Aug 19, 2011 3:58pm Aug 19, 2011 3:58pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
US EQUITY WRAP
Equities finished in negative territory for the day as fears over global economic growth stunted any rallies we saw throughout the session. Options expiry for Emini’s and S&P/DJIA/NASdaq added to the volatility with talk of an emergency meeting to be held by the Fed today driving prices up at the opening bell and institutional buying reported on CME desks. Option volume leaders today were Bank of America (BAC), Apple (AAPL) and Hewlett-Packard (HPQ), with the latter closing 20% lower, its biggest one day loss since the market crash of 1987. All 10 sectors finished in negative territory, with Financials (-1.84%) and Technology (-2.88%) the worst performing. Finally, DJIA closed down 1.57% at 10817.95, S&P 500 closed down 1.50% at 1123.53 and NASDAQ 100 closed down 1.62% at 2380.43. For the week, DJIA down 4%, S&P 500 down 4.7% and NASDAQ 100 down 6.6%, with equities posting their second worst 4 week period losing streak since 1950.
Source: RANsquawk
DJ M1
Equities finished in negative territory for the day as fears over global economic growth stunted any rallies we saw throughout the session. Options expiry for Emini’s and S&P/DJIA/NASdaq added to the volatility with talk of an emergency meeting to be held by the Fed today driving prices up at the opening bell and institutional buying reported on CME desks. Option volume leaders today were Bank of America (BAC), Apple (AAPL) and Hewlett-Packard (HPQ), with the latter closing 20% lower, its biggest one day loss since the market crash of 1987. All 10 sectors finished in negative territory, with Financials (-1.84%) and Technology (-2.88%) the worst performing. Finally, DJIA closed down 1.57% at 10817.95, S&P 500 closed down 1.50% at 1123.53 and NASDAQ 100 closed down 1.62% at 2380.43. For the week, DJIA down 4%, S&P 500 down 4.7% and NASDAQ 100 down 6.6%, with equities posting their second worst 4 week period losing streak since 1950.
Source: RANsquawk
DJ M1
- #79
- Aug 24, 2011 3:13pm Aug 24, 2011 3:13pm
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
US EQUITY WRAP
Equities have traded higher for a third day in a row this week after better than expected Durable Goods orders, which provided strength to WTI crude futures and commodity linked currencies. Less news-flow from Libyan resulted in a slightly more subdued session and markets are also eagerly awaiting Bernankes speech from Jackson Hole on Friday. On a sector breakdown, Bank of America (+10.95%) out-performed following comments from analyst Meredith Whitney who echoed a similar sentiment to Dick Bove of Rochdale insisting the bank does not need to raise fresh capital. At the closing bell the DJIA closed up 1.27% at 11319.20, S&P 500 up 1.31% at 1177.53 and NASDAQ 100 up 0.88% at 2467.69.
Source: RANsquawk
DJ M1
Equities have traded higher for a third day in a row this week after better than expected Durable Goods orders, which provided strength to WTI crude futures and commodity linked currencies. Less news-flow from Libyan resulted in a slightly more subdued session and markets are also eagerly awaiting Bernankes speech from Jackson Hole on Friday. On a sector breakdown, Bank of America (+10.95%) out-performed following comments from analyst Meredith Whitney who echoed a similar sentiment to Dick Bove of Rochdale insisting the bank does not need to raise fresh capital. At the closing bell the DJIA closed up 1.27% at 11319.20, S&P 500 up 1.31% at 1177.53 and NASDAQ 100 up 0.88% at 2467.69.
Source: RANsquawk
DJ M1
- #80
- Aug 25, 2011 9:08am Aug 25, 2011 9:08am
- Joined Nov 2009 | Status: ŻŻŻŻŻŻŻŻŻŻ | 1,339 Posts
Finding support at the moment around 11,240 at the purple line.
DJ M1
DJ M1