Category: Stock Charts

October 7, 2017

SPY Chart Forecasts a Drop

Filed under: Finance,Indices,Stock Charts - 07 Oct 2017

The chart below shows the daily prices for the past year on SPY, the SPDR ETF that tracks the S&P 500 Index, after closing the week at $254.37, on October 6, 2017.

SPY has had an incredibly boring and strong 12 months, recording one of the lowest periods of volatility in the history …



July 14, 2017

Closed August TLT Vertical Call Spread

Filed under: Finance,Stock Charts,Stock Picks - 14 Jul 2017

I closed my TLT August 129/132 vertical call spread for a profit today. While TLT was trading at $123.33, I bought my six short TLT August $129 calls for $0.14 and sold my six long TLT August $132 calls for $0.04. The net spread purchase was for $0.10 and I paid $72.71 including $12.71 in commission for the combination option trade. After selling the spread for $292.68 on June 20, I made a net profit of $219.97 by closing it …



July 8, 2017

SPY Chart – July 7, 2017

Filed under: Finance,Indices,Stock Charts - 08 Jul 2017

The chart below shows the daily prices for the past three months on SPY, the SPDR ETF that tracks the S&P 500 Index, after closing the week at $242.11, on July 7, 2017.

SPY retreated 2.0% from its intraday high of $245.01 set on June 9 before having a slight recovery and then dropping …



May 9, 2017

QQQ August Ratio Spread

Filed under: Finance,Stock Charts,Stock Picks - 09 May 2017

Volatility is so low right now that it’s barely worth selling options. The NASDAQ Composite hit a record high again and I opted to sell a ratio spread on QQQ with the belief that QQQ will move slightly lower before expiration in August. If I’m wrong and QQQ climbs further, I still make a few bucks since I received a tiny credit for this ratio spread. If I’m right and QQQ ends exactly at $133 at expiration, I’ll gain more …



April 8, 2017

SPY Chart – April 7, 2017

Filed under: Finance,Indices,Stock Charts - 08 Apr 2017

The chart below shows the daily prices for the past six months on SPY, the SPDR ETF that tracks the S&P 500 Index, after closing the week at $235.20, on April 7, 2017.

The S&P 500 has edged lower since peaking at the beginning of March, but the chart shows it hasn’t rolled over yet. …



January 8, 2017

Dow Jones Chart – January 6, 2017

Filed under: Finance,Indices,Stock Charts - 08 Jan 2017

The chart below shows the daily prices for the past three months on the Dow Jones Industrial Average (aka $DJIA, $INDU, $DJI) after the index closed for the week at 19,963.80 on Friday, January 6, 2017.

The Dow has gained almost 9% since the election as animal spirits took over trader sentiment …



October 9, 2016

SPY Chart – YTD Through October 7, 2016

Filed under: Finance,Indices,Stock Charts - 09 Oct 2016

The chart below shows the daily prices for the year-to-date on SPY, an ETF that tracks the S&P 500 Index, after closing the week at $215.04, on October 7, 2016.

While the large intraday price swings seen recently make the markets seem out of control, stock indexes have been moving in a tight …



July 9, 2016

TLT Chart – July 8, 2016

Filed under: Finance,Indices,Stock Charts - 09 Jul 2016

The chart below shows the monthly prices for the past 10 years on TLT, an ETF that tracks the US 20-year Treasury Index, after closing the week at $143.60, on July 8, 2016.

Technical indicators are not infallible, but are popular because they provide accurate guidance in most instances, especially when multiple indicators …



April 3, 2016

SPY Chart – April 1, 2016

Filed under: Finance,Indices,Stock Charts - 03 Apr 2016

The chart below shows the monthly prices for the past year on SPY, an S&P 500 Index ETF, after closing the week at $206.92, on April 1, 2016.

Technical indicators can be cruel sometimes.  As with every stock and index prediction tool, sometimes they give false positives.  If they didn’t, everyone would use them and nobody would fall prey to a …



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