Real-Time Market Insights
Hot Stock News for Options Traders

Dow Can't Hold Triple-Digit Gain; Can Rally Continue Without Tech?

Both the SPX and COMP settled in negative territory

by 4/16/2012 4:18:01 PM
Stocks quoted in this article:
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Oil futures edged up slightly today, as better-than-expected retail sales data strengthened the dollar and supported the commodity. May-dated crude added 10 cents, or 0.1%, to land at $102.93 a barrel.

Gold futures extended Friday's pullback, and finished with their worst close in a week. As the greenback continued to trek higher, the precious metal's safe-haven appeal took a backseat, and gold for June delivery trimmed $10.50, or 0.6%, to settle at $1,649.70 an ounce.

Levels to Watch in Trading:

  • Dow Jones Industrial Average (DJI – 12,921.41) - support at 11,500; resistance at 14,000
  • S&P 500 Index (SPX – 1,369.57) - support at 1,100; resistance at 1,500
  • Nasdaq Composite (COMP – 2,988.40) - support at 2,400; resistance at 3,400



OUTPERFORMING AND UNDERPERFORMING SECTORS

STOCKS – MOVERS

STOCKS – EARNINGS

STOCKS – NOTABLE CALL ACTIVITY

STOCKS – NOTABLE PUT ACTIVITY

For today's notable annual highs and lows, click here.

SCHAEFFER'S MARKET POSTURE


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