Index Support and Resistance for Tuesday, 5/17/2016

 

  Below you will find the Index Support and Resistance for Tuesday, 5/17/2016 as calculated from the changes in Index points through Monday, 5/16/2016’s close.
    Who’s right on Apple Inc. (AAPL) : Mister Buffett or Mister Icahn?     Mr. Icahn sold his entire Apple Inc.  holdings based on his China outlook and opinion for Apple Inc.   Mr. Buffett’s Berkshire Hathaway (BRK.A, BRK.B)  bought a 1 billion dollar position in Apple Inc.   Homework in progress ….
  Note:   I apologize for  not assembling this draft for publication sooner.    I own my own charting software and was formulating and re-organizing my data to  test a new indicator …    While I didn’t get the outcome I was looking for, I did learn from the effort, and that is half the battle.   I am posting partials and will come back to add the rest once I’ve caught up and posted Wednesday’s 5/18/16 action.  
Index chart 201605116
 Index performance Monday, 5/16/2016
  • Dow Jones    17,710.71  +175.39  (+1.00%)    (chart: blue)
  • Nasdaq        4,775.46   +57.78  (+1.22%)    (chart: gold)
  • S&P 500       2,066.66   +20.05  (+0.98%)    (chart:  red)
  •   ——————————————-
  • Rus 1k (RUI)  1,143.12   +11.09  (+0.98%)
  • Rus 2k (RUT)  1,116.21   +13.77  (+1.25%)
  • Rus 3k (RUA)  1,215.56   +12.03  (+1.00%)
  • CBOE (TNX)       17.53    +0.48  (+2.82%)
  • Volatility(VIX)  14.78    -0.26  (-1.73%)
 I. a. Select stocks of interest, from Monday, 5/16/2016
  • AAPL … 93.88  +3.36 (+3.71%)   Pre-market:  94.74 +0.86 (0.92%)
  • C …… 43.14  +0.03 (+0.07%)   After Hours: 43.15 +0.01 (0.02%)
  • CHK ….  3.90  -0.16 (-3.94%)
  • FH …..  1.74  -0.04 (-2.25%)
  • GE ….. 29.94  +0.30 (+1.01%)   After Hours: 29.96 +0.02 (0.07%)
  • JCP ….  7.39  -0.19 (-2.51%)
  • MPC …. 35.63  +0.46 (+1.31%)   After Hours: 35.63 0.00 (0.00%)
  • MU …..  9.68  +0.12 (+1.26%)   After Hours:  9.68 0.00 (0.00%)
  • VZ  …. 51.22  +0.28 (+0.55%)
 I. b. Sector summary from Monday, 5/16/2016
Sector Change +/-% (best (or least worst) to worst)
  • Energy  ……………………… +2.03%
  • Basic Materials ………………. +1.71%
  • Technology …………………… +1.55%
  • Healthcare …………………… +1.43%
  • Industrials ………………….. +1.04%
  • Non-Cyclical Cons. Goods ………. +0.88%
  • Telecommunications Srvcs ………. +0.84%
  • Cyclical Cons. Goods ………….. +0.81%
  • Financials …………………… +0.76%
  • Utilities ……………………. +0.41%
 II. Bonds, and/or Currencies, and/or Commodities from Monday, 5/16/2016
  II. a.  USA  Bonds
  • 3 Month  0.26%  0.00 (0.00%)
  • 6 Month  0.34%  -0.02 (-5.56%)
  •  2 Year  0.78%  +0.01 (1.30%)
  •  5 Year  1.26%  +0.02 (1.61%)
  • 10 Year  1.76%  +0.02 (1.15%)
  • 30 Year  2.60%  +0.02 (0.78%)
  II. b.  Currencies
  • AUD/USD  0.7329  +0.0042 (0.58%)
  • EUR/USD  1.1326  +0.0010 (0.09%)
  • GBP/USD  1.4475  +0.0032 (0.22%)
  • USD/CAD  1.2891  -0.0011 (-0.08%)
  • USD/CNY  6.5270  +0.0056 (0.09%)
  • USD/HKD  7.7619  -0.0015 (-0.02%)
  • USD/JPY  109.6255  +0.5375 (0.49%)
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