Index Support and Resistance for Wednesday, 12/9/2015

  The only S&P 500 sector that was up, and then only marginally, was the Healthcare sector stocks at plus 0.09 percent.   The markets beatdown may offer substantial profit opportunity for companies to grow by acquisition.  Dow Chemical is said to be in late stage talks about merging with DuPont.  Oil prices rose on Wednesday as estimates of U.S. crude stocks dipped,  lending the Energy Sector and the market support amid an ongoing lament of a crude supply glut that could see the commercial crude market run out of onshore crude storage sites sometime in the first quarter …
Japan posted rising machinery orders
    —
 I.  Performance of the Indexes from Tuesday, 12/8/2015
Index chart 20151208
DJIA, Nasdaq, S&P500 12/8/2015

 

  • Dow Jones    17,568.00  -162.51  (-0.92%)  (chart: blue)
  • Nasdaq            5,098.24    -3.57  (-0.07%)  (chart: gold)
  • S&P 500          2,063.59   -13.48  (-0.65%)  (chart: red)
  ——————————-
  • Rus 1k (RUI)    1,143.05    -7.38  (-0.64%)
  • Rus 2k (RUT)  1,159.40    -4.90  (-0.42%)
  • Rus 3k (RUA)  1,218.99    -7.67  (-0.62%)
  • CBOE (TNX)       22.38    +0.13  (+0.58%)
  • Volatility (VIX)  17.60   +1.76  (11.11%)
I. a. Select stocks of interest, from Tuesday, 12/8/2015
  • C      53.40  -1.00  (-1.84%)
  • CHK     4.40  +0.13  (+3.04%)   After Hours: 4.45 +0.05 (1.14%)
  • GE     30.22  -0.15  (-0.49%)
  • MU     14.60  -0.25  (-1.68%)   After Hours: 14.62 +0.02 (0.14%) **
  • VRNG    2.58  -0.29 (-10.10%)   After Hours: 2.50 -0.08 (-3.10%)
 I. b. Sector summary from Tuesday, 12/8/2015
  • Sector Change +/-% (best (or least worst) to worst)
  • Healthcare  …………………………. +0.09%
  • Utilities  ………………………………. -0.05%
  • Technology ……………………………  -0.36%
  • Non-Cyclical Cons. Goods …………. -0.38%
  • Cyclical Cons. Goods ……………….. -0.58%
  • Energy  ………………………………… -0.81%
  • Telecommunications Srvcs ………… -1.18%
  • Financials …………………………….. -1.31%
  • Industrials …………………………….  -1.31%
  • Basic Materials ……………………  -2.78%
  II. Bonds, and/or Currencies, and/or Commodities from Tuesday, 12/8/2015
  •  II. a.   USA  Bonds watch list
  • 3 Month  0.24%  +0.01 (4.35%)
  • 6 Month  0.49%  0.00 (0.00%)
  • 2 Year  0.92%  +0.01 (1.10%)
  • 5 Year  1.67%  +0.01 (0.60%)
  • 10 Year  2.22%  +0.02 (0.91%)
  • 30 Year  2.96%  +0.03 (1.02%)

II. b. Currencies watch list

  • EUR/USD  1.1010  -0.0006 (-0.05%)
  • USD/JPY  121.6100  -0.0750 (-0.06%)
  • GBP/USD  1.5183  +0.0002 (0.01%)
  • USD/CAD  1.3553  -0.0015 (-0.11%)
  • USD/HKD  7.7505  +0.0003 (0.00%)
  • USD/CNY  6.4390  +0.0115 (0.18%)
  • AUD/USD  0.7293  +0.0062 (0.85%)
III.  Index Support and Resistance for Wednesday, 12/9/2015
 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 Russell’s 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.
  •   Please Note:   ALL projections are for reference only. 
( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)
  •   Closed 12/8 down @ 17568.00
  •   :: Pivot point   17585.79
  •   Support (s1)  17467.60     Support (s2)   17367.19
  •   Resistance (r1)   17686.20   Resistance (r2)   17804.39
  •   Simple Moving Average (Close 50):    17449.23
  •   52 week performance   -1.59%  YTD performance  -1.43%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
  •   Closed 12/8 down @ 5098.24
  •   :: Pivot point   5085.23
  •   Support (s1)  5058.74       Support (s2)  5019.23
  •   Resistance (r1)  5124.74    Resistance (r2)  5151.23
  •   Simple Moving Average (Close 50):  4975.72
  •   52 week performance +6.96%  YTD performance  +7.65%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
  •   Closed 12/8 down @ 2063.59
  •   :: Pivot point  2063.25
  •   Support (s1)  2052.66        Support (s2)  2041.72
  •   Resistance (r1) 2074.19      Resistance (r2)  2084.78
  •   Simple Moving Average (Close 50):  2051.88
  •   52 week performance  +0.18%  YTD performance  +0.23%
  •   :: Projected High: 2,068.72,   Projected Low: 2,047.19
( 4) For the Russell 1000 (INDEX RUSSELL: RUI)
  •   Closed 12/8 down @ 1143.05
  •   :: Pivot point   1142.96
  •   Support (s1)  1136.80    Support (s2)  1130.56
  •   Resistance (r1)  1149.20  Resistance (r2)  1155.36
  •   Simple Moving Average (Close 50):   1137.34
  •   52 week performance  -0.06%  YTD performance  -0.12%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)
  •   Closed 12/8 down @ 1159.40
  •   :: Pivot point  1158.13
  •   Support (s1)  1152.54     Support (s2)  1145.67
  •   Resistance (r1) 1165.00   Resistance (r2)  1170.59
  •   Simple Moving Average (Close 50):  1165.74
  •   52 week performance  -2.41%  YTD performance  -3.76%
 
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
  •   Closed 12/8 down @ 1218.99
  •   :: Pivot point   1218.79
  •   Support (s1) 1212.34   Support (s2)  1205.69
  •   Resistance (r1)  1225.44   Resistance (r2)  1231.89
  •   Simple Moving Average (Close 50):   1213.83
  •   52 week performance +1.47%  YTD performance  -0.42%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
  •   Closed 12/8 up @ 22.38
  •   :: Pivot point    22.26
  •   Support (s1)  22.09      Support (s2)  21.80
  •   Resistance (r1)  22.55    Resistance (r2)  22.72
  •   Simple Moving Average (Close 50):  21.64
  •   Simple Moving Average (Close 200)  21.93
  •   :: Close ( 2 days) above/below (+/-) sma200  +0.450 (+2.050%)
  •   :: 52 week performance  +0.81%   YTD performance  +3.13%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
  •   Closed 12/8 up @ 17.60
  •   :: Pivot point    17.48
  •   Support (s1)  16.64      Support (s2)  15.67
  •   Resistance (r1)  18.45    Resistance (r2)  19.29
  •   Simple Moving Average (Close 50):  16.63
  •   :: 52 week performance -5.02%  YTD performance  -8.33%

_______   Wednesday, 12/9/2015

 

 Please read:
 (4) Chesapeake Energy Corp (NYSE: CHK)
  Have a great day investing, or trading …
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