Index Support and Resistance for Friday, 11/20/2015

The S&P 500,as of Wednesday’s close, is once again showing positive year to date (YTD) percentage gains.  As of yesterday’s close we have a couple of more USA Market Indexes that are once again showing positive year to date percentage gains.  The Russell 1000 (RUI) is +0.71 YTD.  The Russell 3000 (RUA) is +0.66 YTD. The question is, while Mr. & Ms. Fickle Markets appear to be at peace with a US Federal Reserve rate increase … how long will that last?

 I.  Performance of the Indexes from Thursday, 11/19/2015

  • Dow Jones    17,732.75  -4.41  (-0.02%)
  • S&P 500       2,081.24  -2.34  (-0.11%)
  • Nasdaq        5,073.64  -1.56  (-0.03%)
  • Rus 1k (RUI)  1,154.02  -1.37  (-0.12%)
  • Rus 2k (RUT)  1,166.73  -5.02  (-0.43%)
  • Rus 3k (RUA)  1,230.39  -1.76  (-0.14%)
  • CBOE (TNX)       22.48  -0.21  (-0.93%)
  • Volatility (VIX) 16.99  +0.14  (+0.83%)

For the week:

  • The Dow is up 487.51 points, or 2.8 percent.
  • The S&P is up 58.20 points, or 2.9 percent.
  • The Nasdaq is up 145.76 points, or 3 percent.

Year to Date:

  • The Dow is down 90.32 points, or 0.5 percent.
  • The S&P is up 22.34 points, or 1.1 percent.
  • The Nasdaq is up 337.58 points, or 7.1 percent.

I. a. Select stocks of interest, from Thursday, 11/19/2015

  • C   55.07  +0.09  (+0.16%)   After Hours: 54.98 -0.09 (-0.16%)
  • CHK  5.40  -0.60 (-10.00%)   After Hours:  5.45 +0.05 (+0.93%)
  • GE  30.28  -0.24  (-0.79%)   After Hours: 30.28  0.00 ( 0.00%)
  • MU  15.87  +0.26  (+1.67%)   After Hours: 15.85 -0.02 (-0.13%)

 

I. b. Sector summary from Thursday, 11/19/2015

Sector Change +/-% (best (or least worst) to worst)

  • Utilities ………………….. +0.69%
  • Technology …………………. +0.49%
  • Telecommunications Srvcs …….. +0.48%
  • Basic Materials …………….. +0.40%
  • Industrials ………………… +0.32%
  • Non-Cyclical Cons. Goods …….. +0.24%
  • Financials …………………. +0.20%
  • Cyclical Cons. Goods ………… +0.13%
  • Energy …………………….. -0.71%
  • Healthcare …………………. -1.00%

II. Bonds, and/or Currencies, and/or Commodities from Thursday, 11/19/2015

USA Bonds

  • 3 Month  0.10%  -0.01 (-9.09%)
  • 6 Month  0.27%  0.00 (0.00%)
  • 2 Year  0.88%  0.00 (0.00%)
  • 5 Year  1.67%  -0.01 (-0.60%)
  • 10 Year  2.25%  0.00 (0.00%)
  • 30 Year  3.01%  +0.01 (0.33%)

III.  Index Support and Resistance for Friday, 11/20/2015

Below you will find the 52 week performance, and the Year-to-Date (YTD) performance to the selected indexes.  I added the 200 day simple moving average (SMA) calculations to those of the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX).  For tracking the day’s action, here are the Pivot Points, Support points, Resistance points,  and the 50 day simple moving averages (sma),  for the DJIA, the NasdaqComp, the S&P 500, the Russells 1000, 2000, 3000, the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX), as well as the Volatility Index (VIX) for the S&P500.

If the related index, or stock, is above the pivot point, the pivot point is both support, and an indication that Mr. & Ms. Fickle Markets are Bullish.  If the related Index, or stock, is below the pivot point, then the pivot point represents resistance, as well as an indication that Mr. & Ms. Fickle Markets are Bearish.  ALL projections are for reference only. 

( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)

Closed 11/19 down @ 17732.75

  • Pivot point   17729.23
  •   Support (s1)  17685.50       Support (s2)   17638.24
  •   Resistance (r1)   17776.49   Resistance (r2)   17820.22
  •   Simple Moving Average (Close 50):    17111.58
  •   52 week performance  +0.27%  YTD performance  -0.51%

( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)

Closed 11/19 down @ 5073.64

  • Pivot point   5077.79
  •   Support (s1)  5063.12       Support (s2)  5052.60
  •   Resistance (r1)  5088.31    Resistance (r2)  5102.98
  •   Simple Moving Average (Close 50):  4894.23
  •   52 week performance +7.91%  YTD performance  +7.13%

( 3) For the S&P 500 (INDEX SPX: .SPX) (ETF: SPY)

Closed 11/19 down @ 2081.24

  • Pivot point  2082.25
  •   Support (s1)  2077.75        Support (s2)  2074.27
  •   Resistance (r1) 2085.73      Resistance (r2)  2090.23
  •   Simple Moving Average (Close 50):  2018.50
  •   52 week performance  +1.39%  YTD performance  +1.09%
  •   :: Projected High: 2083.99, Projected Low: 2076.01

( 4) For the Russell 1000 (INDEX RUSSELL: RUI)

Closed 11/19 down @ 1154.02

  • Pivot point   1154.56
  •   Support (s1)  1152.00    Support (s2)  1149.97
  •   Resistance (r1)  1156.59  Resistance (r2)  1159.15
  •   Simple Moving Average (Close 50):   1114.76
  •   52 week performance  +1.69%  YTD performance  +0.71%

( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)

Closed 11/19 down @ 1166.73

  • Pivot point  1167.74
  •   Support (s1)  1163.18     Support (s2)  1159.64
  •   Resistance (r1) 1171.28   Resistance (r2)  1175.84
  •   Simple Moving Average (Close 50):  1155.57
  •   52 week performance -0.34%  YTD performance  -3.15%

( 6) For the Russell 3000 (INDEX RUSSELL: RUA)

Closed 11/19 down @ 1230.39

  • Pivot point   1231.03
  •   Support (s1) 1228.16    Support (s2)  1225.94
  •   Resistance (r1)  1233.25   Resistance (r2)  1236.12
  •   Simple Moving Average (Close 50):   1197.07
  •   52 week performance +0.54%  YTD performance  +0.66%

( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)

Closed 11/19 down @ 22.48

  • Pivot point    22.48
  •  Support (s1)  22.32      Support (s2)  22.16
  •  Resistance (r1)  22.64    Resistance (r2)  22.80
  •  Simple Moving Average (Close 50):  21.48
  •  Simple Moving Average (Close 200)  21.80
  •    Close (16 days) above/below (+/-) sma200  +0.683 (+3.135%) 
  •  :: 52 week performance -3.73%  YTD performance  +3.59%

( 8) For the Volatility S&P500 (INDEX CBOE: VIX)

Closed 11/19 up @ 16.99

  • Pivot point    17.08
  •  Support (s1)  15.91      Support (s2)  14.82
  •  Resistance (r1)  18.17    Resistance (r2)  19.34
  •  Simple Moving Average (Close 50):  18.42
  •  :: 52 week performance +31.71%  YTD performance  -11.51%

 

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Tags:

DJIA, DIA, NASDAQ COMP, QQQ, SPX, SPY, RUI, RUT, RUA, IWM, TNX, C, CHK, CMCSA, CUR, DHT, FB, GST, HPQ, IBM, INTC, JCP, KGC, LOR, MPC, MSFT, MVPI, MU, NCR, SSE, SDRL, TDC, TWC, VRNG, WDDD, XLF, FAS, FAZ, HGY, JNK, AAPL

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