Category: Indices

I charted the past year of daily prices for the S&P 400 Mid-Cap Index ($MID.X) after the index closed at 1,000.73 on Friday, March 16, 2012.

I’m short on time this weekend, but a lot of this MidCap 400 chart speaks for itself.  Resistance could surface from the previous high last spring and from the trend line of …

This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,370.87 on Friday, March 9, 2012.

The S&P 500 maintained a narrow trading path for more than two months using the same trend line of higher lows as support for the entire run.  That ended this …

I charted the past three months of daily prices for the Dow Jones Industrial Average ($DJIA, $INDU, $DJI) after the index closed at 12,977.57 on Friday, March 2, 2012.

Nothing has changed in the past few weeks.  I could almost recycle a chart analysis from a couple of weeks ago and just change the date.  The …

February surprised me and stocks stayed healthy all month.  I’m still trying to avoid flat out stupid moves and have held back in some respects.  That allowed most of the indexes to move ahead of my returns for the year so far.  With 10 months remaining I’m not too concerned.  Eventually stocks will stop moving higher every single month and I’ll gain back some ground.  I think keeping my options’ expiration periods to the two front months will continue to …

I charted the past three months of daily prices for the Russell 2000 Index ($RUT.X) after the index closed at 826.92 on Friday, February 24, 2012.

The small cap index had a great rally from the middle of December through the first few days of February.  That’s when it broke out of its narrow trading channel …

I charted the past six months of daily prices for the S&P 400 Mid-Cap Index ($MID.X) after the index closed at 984.60 on Friday, February 17, 2012.

In most of my charts recently I’ve been posting three month periods of indexes.  The main reason was to be able to focus on the near term trends without …

I charted the past three months of daily prices for the Dow Jones Industrial Average ($INDU, $DJI, DJIA) after the index closed at 12,801.23 on Friday, February 10, 2012.

Two weeks ago when I last charted the Dow, I suggested the index might have one more trip to the …

This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,344.90 on Friday, February 3, 2012.

Three trend lines stand out in this chart.  All are ascending.  The lowest line traces the trend of higher lows that started in November.  The top line tracks the trend …

January was a great month for me and set me up for a great start to the year with my returns better than most stock indexes so far.  My goal for the year is to avoid stupidity.  It sounds so easy up front, but yet somehow I’m not so sure I can pass up the lure of the exciting trade every day for a full year.  I’m trying to keep most of my trades with closer month expiration dates to …