Stock Investment

I charted the S&P 500 ($SPX) after the markets closed on Friday, 8/20/10, when it finished the week at 1,071.69.
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The first thing I noticed when I looked at the S&P 500 chart this week was that even after what felt like a painful slide lower, it’s still trading within Read More

I charted the S&P 500 ($SPX) after the markets closed on Friday, 8/6/10, when it finished the week at 1,121.64.
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A couple of weeks ago I stated the SPX looked range bound.  Check out the chart I posted then and notice where the SPX topped out this week, even before the jobs Read More

I charted the S&P 500 Index ($SPX) after the markets closed on Friday, 7/9/10, after it finished the week at 1,077.96.
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As I predicted in my DJIA post last week we saw the bounce we were due for from the lower trend line.  This week’s chart seems to show the opposite Read More

I charted the S&P 500 ($SPX) after the markets closed on Friday June 25, 2010 when it closed for the week at 1,076.76.
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Last week I pointed out a couple of bullish technical indicators on the INDU chart, but warned that it’d be wise to wait out the first couple of days Read More

I charted the S&P 500 after the markets closed on Friday, March 26, 2010 after the index closed at 1,166.59.
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The S&P 500 has been in rally mode since early February, but it may finally be time for the index to ease off of the gas some.  SPX hasn’t closed below Read More