Index Support and Resistance for Tuesday (1/24/2017)

  Below you will find the Index Support and Resistance for Tuesday, 1/24/2017 as calculated from the changes in Index points through Monday, 1/23/2017’s close.    See  below for Section IV. Index “projected” Highs and Lows for today’s day and date.

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 I.  Index performance Monday, 1/23/2017

• DJ Indu Avg  19,799.85 -27.40 (-0.14%)    (chart: blue)
• Nasdaq ….       5,552.94  -2.39 (-0.04%)    (chart: gold)
• S&P 500  …     2,265.20  -6.11 (-0.27%)    (chart: red )
•   ——————————————-
• DJ Trans Avg   9,138.19 -86.38 (-0.94%)
• Rus 1k (RUI)    1,257.46  -3.24 (-0.26%)
• Rus 2k (RUT)   1,347.84  -4.01 (-0.30%)
• Rus 3k (RUA)   1,346.59  -3.51 (-0.26%)
• CBOE (TNX)          24.03  -0.64 (-2.59%)
• Volatility(VIX)       11.77  +0.23 (+1.99%)

 I. a. Select stocks of interest, from Monday, 1/23/2017

• AAPL … 120.08 +0.08 (+0.07%) After Hours: 120.19 +0.11 (0.09%)
• C ……….. 55.68 -0.44 (-0.78%) After Hours: 55.73 +0.05 (0.09%)
• CHK …….. 6.68 -0.02 (-0.22%) After Hours: 6.69 +0.01 (0.15%)
• DHT …….. 4.37 -0.03 (-0.57%) After Hours: 4.36 -0.01 (-0.19%)
• FH ………. 2.25 +0.05 (+2.27%)
• GE ……..  29.75 -0.76 (-2.49%) After Hours: 29.76 +0.01 (0.03%)
• JCP ……..   6.85 -0.01 (-0.07%) After Hours: 6.85 0.00 (0.00%)
• MPC …..  48.72 -0.04 (-0.08%) After Hours: 48.72 0.00 (0.00%)
• MU …….  21.89 -0.07 (-0.32%) After Hours: 21.91 +0.02 (0.09%)
• VZ ……..  52.41 -0.31 (-0.59%) After Hours: 52.47 +0.06 (0.11%)
•      select ETFs …
• DIA …  197.78 -0.18 (-0.09%)
• QQQ …  123.35 +0.10 (+0.08%) After Hours: 123.39 +0.04 (0.03%)
• SPY …  226.15 -0.59 (-0.26%)
• GLD …  115.79 +0.74 (+0.64%)
• SLV ….  16.29 +0.10 (+0.62%)
• IWD …  111.95 -0.58 (-0.52%)
• IWF …  107.66 +0.08 (+0.07%)
• IWM …  133.88 -0.56 (-0.42%)
• IWV …  134.51 -0.35 (-0.26%)
•     other
• CUR …..  3.48 -0.34 (-8.90%) After Hours: 3.59 +0.11 (3.16%)
• GST …..  1.45 -0.03 (-2.03%)
• LOR …   10.06 +0.02 (+0.20%)
• MVPI ….  0.0289 0.0000 (0.00%)
• QCOM …. 54.88 -8.00 (-12.72%) After Hours: 54.98 +0.10 (0.18%)
• WDDD ….  0.0275 -0.0020 (-6.78%)

 I. b. Sector summary from Monday, 1/23/2017

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

• Basic Materials …………… +1.05%
• Non-Cyclical Cons. Goods …… +0.53%
• Telecommunications Srvcs …… +0.49%
• Technology ……………….. +0.13%
• Financials ……………….. -0.07%
• Cyclical Cons. Goods ………. -0.13%
• Utilities ………………… -0.37%
• Healthcare ……………….. -0.38%
• Industrials ………………. -0.50%
• Energy …………………… -0.71%
• Real Estate ……………….

 II. Bonds, and/or Currencies, and/or Commodities

  II. a.  USA  Bonds from Monday, 1/23/2017

• 3 Month 0.48% +0.00 (+0.00%)
• 6 Month 0.55% +0.00 (+0.00%)
•  2 Year 1.14% -0.04 (-3.39%)
•  5 Year 1.86% -0.04 (-2.11%)
• 10 Year 2.40% -0.04 (-1.64%)
• 30 Year 2.99% -0.04 (-1.32%)

  II. b.  Currencies from Monday, 1/23/2017

• AUD/USD .. 0.7571 -0.0010 (-0.13%)
• EUR/USD .. 1.0750 -0.0009 (-0.08%)
• GBP/USD .. 1.2499 -0.0018 (-0.14%)
• USD/CAD .. 1.3238 -0.0001 (-0.01%)
• USD/CNY .. 6.8567 +0.0012 (+0.02%)
• USD/HKD .. 7.7574 +0.0007 (+0.01%)
• USD/JPY  113.0240 +0.2340 (+0.21%)

 

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

• Petroleum & Other Liquids

• Weekly Supply Estimates
• This Week in Petroleum
• Crude oil storage and capacity have increased in Cushing, Oklahoma and U.S. Gulf Coast

For both Bulls and Bears:

current XLE quote (Reuters) and more

Related previous XLE analysis:

• Energy Select Sector SPDR ETF (XLE.P) (d-w-m) for Tuesday (9/6/2016)
• SELECT SECTOR SPDR ENERGY FUND (XLE) (d-w-m) (p2)
• SELECT SECTOR SPDR ENERGY FUND (XLE) d/w/m
• –      –   –           –   –   –   –           –   –   –   –

 II. d.   US Department of Labor

•           Bureau of Labor Statistics       http://www.bls.gov/
•     To view the “jobs” report for yourself in various formats, including downloadable PDFs, … check it out at the above link.

  II. e.    Federal Open Market Committee (FOMC)

 Planned 2017  meetings:    ( FOMC  Calendar & info )

• 2017 FOMC Meetings
• Jan/Feb  31-1
• March 14-15*
• May  2-3
• June 13-14*
• July  25-26
• September  19-20*
• Oct/Nov  31-1
• December  12-13*

• * Meeting associated with a Summary of Economic Projections and a press conference by the Fed Chairperson  Ms. J. Yellen.

• Don’t forget to view downloadable PDFs from previous years
• Don’t forget to check the above dates against 3rd Friday of the month options/futures expiry…  Especially, Quadruple Witching months March, June, September, and December

 

 

Note:  I’ll be back to update this blog with the Support, Resistance and the rest of the story as soon as possible …