DJIA Tumbles 213 Points; VIX Vaults Above 20

Wall Street is wary as earnings season revs up

by 4/10/2012 4:30:29 PM
Stocks quoted in this article:
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Oil futures turned south, falling to their lowest price since February as equities plummeted. Crude oil for May delivery lost $1.44, or 1.4%, to land at $101.02 a barrel.

On the other hand, gold futures bounced back from early weakness, solidifying a third consecutive win as speculators continued to seek the precious metal's safe-haven appeal. Gold for June delivery added $16.80, or 1%, to settle at $1,660.70 an ounce.

Levels to Watch in Trading:

  • Dow Jones Industrial Average (DJIA 12,715.93) - support at 11,500; resistance at 14,000
  • S&P 500 Index (SPX 1,358.59) - support at 1,100; resistance at 1,500
  • Nasdaq Composite (COMP 2,991.22) - support at 2,400; resistance at 3,400



OUTPERFORMING AND UNDERPERFORMING SECTORS

STOCKS  MOVERS

STOCKS  EARNINGS

STOCKS  NOTABLE CALL ACTIVITY

STOCKS  NOTABLE PUT ACTIVITY

STOCKS  NEW ANNUAL HIGHS

STOCKS  NEW ANNUAL LOWS

SCHAEFFER'S MARKET POSTURE


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