Index Support and Resistance for Thursday, 4/14/2016

  Below you will find the Index Support and Resistance for Thursday, 4/14/2016 as calculated from the changes in Index points through Wednesday, 4/13/2016’s close.  Tomorrow, Friday, 4/15/2016, is 3rd Friday of the month options expiry … expect greater volatility.
 Citigroup Inc. (NYSE:C) is expected to issue its Q1’2016 quarterly earnings report tomorrow, Friday, April 15th.  Analysts expect Citigroup Inc. to report earnings of $1.07 per share with revenue of $17.61 billion for the quarter.   Citigroup (NYSE:C) last reported its earnings results on Thursday, January 21st. Citigroup Inc.  reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimate of $1.05 by $0.01.  Citigroup Inc.  had revenue of $18.50 billion for the quarter. During the same period in the prior year, the company posted $0.06 earnings per share. The firm’s revenue was up 3.1% compared to the same quarter last year.  Analysts expect Citigroup to post $4.85 EPS for the current 2016 fiscal year and $5.53 EPS for the next 2017 fiscal year.
  We need the Financial Sector stocks like Citigroup Inc. (NYSE:C)  to lead the markets higher.
 Index chart 20160413
 Index performance Wednesday, 4/13/2016
  • Dow Jones    17,908.28   +187.03  (+1.06%)      (chart: blue)
  • Nasdaq  …      4,947.42     +75.33  (+1.55%)      (chart: gold)
  • S&P 500 …     2,082.42    +20.70  (+1.00%)      (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)    1,152.12   +12.38  (+1.09%)
  • Rus 2k (RUT)  1,129.93   +24.21  (+2.19%)
  • Rus 3k (RUA)  1,225.53   +14.15  (+1.17%)
  • CBOE (TNX)          17.62    -0.19  (-1.07%)
  • Volatility(VIX)      13.84    -1.01  (-6.80%)
 I. a. Select stocks of interest, from Wednesday, 4/13/2016
  • AAPL   112.04  +1.60  (+1.45%)   After Hours: 112.13 +0.09 (+0.08%)
  • C  …     44.27  +2.37  (+5.66%)   After Hours:  44.26 -0.01 (-0.02%)
  • CHK .     6.06  +0.01  (+0.17%)   After Hours:   5.99 -0.07 (-1.16%)
  • GE ..     30.99  +0.18  (+0.58%)   After Hours:  30.96 -0.03 (-0.10%)
  • JCP  ..   10.06  +0.31  (3.18%)   After Hours: 10.07 +0.01 (0.10%)
  • MPC     39.66  +0.67  (1.72%)   After Hours: 39.68 +0.02 (0.05%)
  • MU      10.88  +0.71  (6.98%)   After Hours: 10.83 -0.05 (-0.46%)
  • VRNG     1.78  +0.17 (10.56%)
  • VZ  ..    51.29  -0.67 (-1.29%)   After Hours: 51.33 +0.04 (0.08%)
 I. b. Sector summary from Wednesday, 4/13/2016
Sector Change +/-% (best (or least worst) to worst)
  • Financials ………………… +2.27%  
  • Basic Materials ………….. +2.23% 
  • Cyclical Cons. Goods …… +1.60%
  • Technology ………………. +1.56% 
  • Industrials ……………….. +1.41% 
  • Healthcare  ………………..+1.03%    
  • Energy …………………….. +1.02%  
  • Telecommunications Srvcs … +0.43%    
  • Non-Cyclical Cons. Goods ………… -0.08% 
  • Utilities ………………………………… -0.24%
 II. Bonds, and/or Currencies, and/or Commodities from Wednesday, 4/13/2016
  II. a.  USA  Bonds
  • 3 Month  0.21%  0.00 (0.00%)
  • 6 Month  0.33%  0.00 (0.00%)
  •  2 Year  0.75%  0.00 (0.00%)
  •  5 Year  1.21%  0.00 (0.00%)
  • 10 Year  1.76%  -0.01 (-0.56%)
  • 30 Year  2.58%  -0.02 (-0.77%)

II. b.   US Energy Information Administration   (US EIA)

For both Bulls and Bears:

current XLE quote (Reuters) and more

Related previous XLE analysis:

SELECT SECTOR SPDR ENERGY FUND (XLE) (d-w-m) (p2)

  • –   –   –   –           –   –   –   –           –   –   –   –
 III.  Index Support and Resistance for Thursday, 4/14/2016
   Below you will find the 52 week performance, and the Year-to-Date (YTD) performance to the selected indexes.  See Section V.  Index: 52week High,  52week Low, (Close 12/31/2015) to track changes in this info.  See the 200 day simple moving average (SMA) calculations added 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 as they can be easily exceeded, up or down, by Mr. & Ms. Fickle Markets.
( 1) For the DJIA (INDEX DJX: .DJI) (ETF: DIA)
Closed 4/13 up  @  17,908.28  +187.03  (+1.06%) (above PP)
  •   :: Pivot point (PP)   17856.10
  • Support (s1)  17793.84       Support (s2)   17679.41
  • Resistance (r1)   17970.53   Resistance (r2)   18032.79
  • Simple Moving Average (Close 50):    16987.00       (uptrend  3/16)
  • 52 week performance  -0.71%  YTD performance  +2.77%
( 2) For the Nasdaq Comp (INDEX NASDAQ: .IXIC) (ETF: QQQ)
Closed 4/13 up  @  4,947.42   +75.33  (+1.55%)  (above PP)
  •   :: Pivot point (PP)  4934.31
  • Support (s1)   4916.71      Support (s2)  4886.00
  • Resistance (r1)  4965.02    Resistance (r2)  4982.62
  • Simple Moving Average (Close 50):  4663.31          (uptrend  3/21)
  • 52 week performance  -1.27%   YTD performance  -1.20%
( 3) For the S&P 500 (INDEX SP: .INX) (ETF: SPY)
Closed 4/13 up  @  2,082.42   +20.70  (+1.00%)  (above PP)
  •   :: Pivot point (PP)  2077.17
  • Support (s1)  2071.17        Support (s2)  2059.91
  • Resistance (r1)  2088.43     Resistance (r2)  2094.43
  • Simple Moving Average (Close 50):  1983.17          (uptrend  3/16)
  • 52 week performance  -1.15%  YTD performance  +1.88%
( 4) For the Russell 1000 (INDEX RUSSELL: RUI) (ETF: IWD)

    Closed 4/13 up  @  1,152.12   +12.38  (+1.09%)  (above PP)
  •   :: Pivot point (PP)   1148.38
  •   Support (s1)  1144.26      Support (s2)  1136.41
  •   Resistance (r1)  1156.23   Resistance (r2)  1160.35
  •   Simple Moving Average (Close 50):  1094.58          (uptrend  3/16)
  •   52 week performance  -1.67%  YTD performance  +1.79%
( 5) For the Russell 2000 (INDEX RUSSELL: RUT) (ETF: IWM)

    Closed 4/13 up  @  1,129.93   +24.21  (+2.19%)  (above PP)
  •   :: Pivot point (PP)  1122.11
  •   Support (s1)   1114.30      Support (s2)   1098.66
  •   Resistance (r1)  1137.75    Resistance (r2)  1145.56
  •   Simple Moving Average (Close 50):  1056.42          (uptrend  3/18)
  •   52 week performance  -11.40%   YTD performance   -0.52%
( 6) For the Russell 3000 (INDEX RUSSELL: RUA)
    Closed 4/13 up   @  1,225.53   +14.15  (+1.17%)  (above PP)
  •   :: Pivot point (PP)   1221.20
  •   Support (s1)   1216.55     Support (s2)  1207.58
  •   Resistance (r1)  1230.17   Resistance (r2)  1234.82
  •   Simple Moving Average (Close 50):   1161.02          (uptrend  3/16)
  •   52 week performance   -2.86%    YTD performance  +1.61%
( 7) For the CBOE Interest Rate 10 Year T Note (INDEX CBOE: TNX)
    Closed 4/13 down  @   17.62    -0.19  (-1.07%)  (below PP)
  •   :: Pivot point (PP)    17.71
  •   Support (s1)    17.48      Support (s2)  17.33
  •   Resistance (r1)  17.86     Resistance (r2)  18.09
  •   Simple Moving Average (Close 50):  18.16
  •   Simple Moving Average (Close 200)  21.23
  •   :: Close (68 days) above/below (+/-) sma200  (-3.611) (-17.006%)
  •   :: 52 week performance  -7.26%   YTD performance -22.34%
( 8) For the Volatility S&P500 (INDEX CBOE: VIX)
    Closed 4/13 down   @  13.84    -1.01  (-6.80%)  (below PP)
  •   :: Pivot point (PP)    13.99
  •   Support (s1)    13.45      Support (s2)   13.06
  •   Resistance (r1)  14.38     Resistance (r2)  14.92
  •   Simple Moving Average (Close 50):  18.17
  •   :: 52 week performance   +9.84%   YTD performance  -24.00%
  • –   –   –   –           –   –   –   –
 IV.  Index “projected” Highs and Lows for Thursday, 4/14/2016
  • Index,  :: Projected High,  Projected Low
  •    Dow Jones …. 18001.66  …  17824.97
  •   Nasdaq……..  4973.82  …   4925.51
  •   S&P 500 ……  2091.43  …   2074.17
  •   Russell 1000 .  1158.29  …   1146.32
  •   Russell 2000 .  1141.66  …   1118.21
  •   Russell 3000 .  1232.50  …   1218.88
  •   CBOE TNX ……   17.79  …     17.41
  •   Volatility …    14.19  …     13.26
 V.  Index: 52week High,  52week Low, (Close 12/31/15)
  • Dow Jones    18351.36 15370.33  (17425.03)
  • Nasdaq        5231.94    4209.76   (5007.41)
  • S&P 500       2134.72    1810.10   (2043.94)
  • ——————————————-
  • Rus 1k (RUI)  1191.59     995.55   (1069.65)
  • Rus 2k (RUT)  1296.00     943.10   (1135.89)
    Rus 3k (RUA)  1275.89    1056.45   (1206.10)
  • CBOE (TNX)       24.89     15.67     (22.69)
  • Volatility(VIX)  53.29     10.88     (18.21)
  • —     —     —     —     —     —
——  Monday, 4/11/2016 thru Friday 4/15/2016  ——-

 

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Hope the above Index Support and Resistance calculations for Thursday, 4/14/2016
help your investing and trading planning today …
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