Tag Archives: S&P 500 Index

S&P 500 Index: Back to the Future or to the Past?

Posted on February 12, 2012 by Michael Harris

The S&P 500 index has recently returned to levels seen in July of 2011 in the 1300 to 1360 range. Those are levels where a correction started last year with the index losing about 8% of its value in a just … Continue reading →

Posted in Technical Analysis | Tagged , , , | Comments Off

S&P 500 Index Bouncing off its 200-SMA. Self-fulfilling Prophecy?

Posted on June 24, 2011 by Michael Harris

This question is proper for the whole of Technical Analysis; Is Technical Analysis a self-fulfilling prophecy? Take a look for example at the daily S&P 500 chart below, updated as of the close of yesterday. The low for the day was … Continue reading →

Posted in Technical Analysis | Tagged , , | Comments Off

Does 1313 Mean Bad Luck for SPX? – Maybe not This Time

Posted on March 27, 2011 by Michael Harris

The S&P 500 index closed at 1,313.8 last Friday, up 2.7% for the week. The 1,313 level is quite significant for the index because back in August 16, 2008 it acted as strong resistance when prices failed to penetrate it to the upside on an intraday … Continue reading →

Posted in Economic Analysis, Risk Management | Tagged , , , | Comments Off