Stock Investment

This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,244.28 on Friday, December 2, 2011. The large cap index just finished its second best weekly point gain ever, but is facing resistance from its 200 day moving average Read More

This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,215.65 on Friday, November 18, 2011. The technical indicators are piling up to create a strong bearish case against the large cap index.  The 200 day moving average (dma) Read More

This S&P 500 ($SPX) chart shows the past 17 years of monthly prices after the index finished the week higher at 1,253.23 on Friday, November 4, 2011. Charts are not only telling when viewed over short periods, but also over longer periods. Investors can use shorter charts to Read More

This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week higher at 1,155.46 on Friday, October 7, 2011. The large cap index has been stuck in a trading channel for two full months now with the extreme top side around 1,230 and the Read More

This S&P 500 ($SPX) chart shows the past three years of weekly prices after the index finished the week at 1,123.53 on Friday, August 19, 2011.  You know you are charting am ugly market when you have to stretch the chart to three years to look for clues to the next area of Read More

I charted the S&P 500 ($SPX) after it finished the week at 1,271.50 on Friday, June 17, 2011, just above its 200 day moving average (dma).  Two weeks ago when I last posted an SPX Chart I said if we saw another 3-4% move to the downside the risk/reward would shift in favor of adding [...] Read More

I charted the S&P 500 ($SPX) after it closed for the week on Friday, April 15, 2011 at 1,319.68. // The past week is so clogged up with moving averages crossing over near trend lines I included an inset of the past four days magnified to make it clearer how the week ended.  The Read More

I charted the S&P 500 on Friday, February 11, 2011 after it closed for the week at 1,329.15.
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This week I’m taking a look at only the past three months of daily prices to focus on shorter term trends.  I think the majority of traders have already decided the longer term Read More

I charted the S&P 500 ($SPX) after the markets closed on Friday, November 12, 2010 when the index finished the week at 1,199.21.
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While the 2.2% fall from this past week felt vicious since we have grown unaccustomed to such drops, it was actually a pretty small retreat so far. Read More