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SPX - Storm Clouds Building
Saturday, May 12, 2012 - 4:13pm | 64The chart needs no words of explanation . If interpreted correctly and no manipulation interference then the way is down.
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The Correction Is Not Over - Market Turning Points
Tuesday, May 8, 2012 - 12:26pm | 2628Editor's Note: This post originally appeared for the week at Marketurningpoints.com Current position of the market SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over)there will be another steep and...
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More Sideways Consolidation - Market Turning Points
Thursday, March 15, 2012 - 3:47pm | 2139Editor's Note: This report originally appeared on MarketTurningPoints.com Current position of the market SPX: Very Long-term trend – The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged decline...
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Short-Term Top Forming - Market Turning Points
Monday, February 27, 2012 - 4:25pm | 2880Precision timing for all time frames through a multi-dimensional approach to technical analysis: Cycles - Breadth - P&F and Fibonacci price projections and occasional Elliott Wave analysis “By the Law of Periodical Repetition, everything which has happened once must happen again, and again,...
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Wednesday's S&P 500 Sector Recap: Hottest and Coldest Sectors
Wednesday, July 27, 2011 - 5:36pm | 1734The S&P 500 (SPX) took a major hit in Wednesday's trading session, finishing down 27.05 points, or 2.03%, from Tuesday's close to 1304.89. The selling began just after the opening bell, and the index extended its losses throughout the session, closing near the low of the day (1303.49), as...
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Financials and Utilities Lead the Market
Wednesday, July 20, 2011 - 2:04pm | 675The S&P 500 (SPX) has been meandering around neutral territory for much of the session today, currently up 2.1 (0.16%) at 1328.88. The index has been held up by the Financials and Utilities Sectors, which are the two strongest performing areas of the market in today's session, up 1.2% and 0.9...
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Technology and Industrials Dragging on Market
Tuesday, July 12, 2011 - 12:47pm | 747The Technology and Industrials Sectors are currently the two weakest performing areas of the S&P 500 in today's session, down 0.6% and 0.5% respectively. They, along with the Basic Materials Sector, are the only Sectors showing a loss in today's action. The weakest performing stocks in the S...
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Financials Lead Market in Early Trading
Tuesday, July 12, 2011 - 11:55am | 414The Financials Sector, which was the weakest performing area of the market in Monday's session, is the strongest sector in the S&P 500 (SPX) in early trading – currently up 0.7% on the day. The index has been back and forth between positive and negative territory all morning, but the...
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Hottest and Coldest Sectors for Thursday 7/7/2011
Thursday, July 7, 2011 - 7:35pm | 1705The S&P 500 (SPX) gained 14 points, or 1%, in today's session to close at 1353.22. The index is nearing its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Thursday's session is as follows: The S&P 500 was led by the Basic Materials Sector in Thursday's session...
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Bank of America Provides Color on SPX
Wednesday, July 6, 2011 - 6:41am | 131Bank of America provided color on SPX (NYSE: SPW). In a research report published today, Bank of America commented on the company's expansion into the emerging markets. In the report, Bank of America states, “SPX has made substantial penetration gains into emerging markets (EM) in recent years...
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Wednesday's S&P 500 Sector Recap 6/29/11
Wednesday, June 29, 2011 - 5:35pm | 1504The S&P 500 (SPX) put in another sizable gain in today's session, gaining 10.74 (+0.8%) points on the day. The index closed at 1307.41, slightly below its intraday high of 1309.21. The Sector breakdown for Wednesday's session is as follows: The Financials Sector was the strongest performing...
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Thursday's S&P Sector Recap 6/23/11
Thursday, June 23, 2011 - 5:43pm | 1621The S&P 500 traded in negative territory for the entire session Thursday, but finished well off of the lows of the day. The SPX hit its intraday low of 1262.87 at 10:51am, but steadily rose throughout the remainder of the session. The big gain came at 2:55pm when the index jumped from 1268.73...
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Wednesday's S&P Sector Recap 6/22/11
Wednesday, June 22, 2011 - 5:44pm | 1502The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...
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Deutsche Bank Maintains Hold on SPX
Thursday, June 16, 2011 - 8:23am | 86Deutsche Bank is out with its report today on SPX (NYSE: SPX), maintaining Hold. In a note to clients, Deutsche Bank writes, "SPX reiterated that 2011 will be a very back-end loaded year, largely on account of Thermal phasing. They have seen no softening relative to plan with the Canaries in the...
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Way of the SPX 500 - 10092009
Thursday, September 10, 2009 - 4:45pm | 120At approximately 15:14 the Index broke above 1039.5 and didn't look back . There was a steady increase in price until the Index closed on the High at 1044.14 above former resistance and now support level at 1043.1 . This now sets the stage for a test at [ 1047.2 - 1048.8 ] and then [ 1055.3 -...