Because of the market's strength, I was not surprised that my weekly scan of the stocks in the S&P 500 revealed that 23 closed above their weekly starc+ bands on Friday.
The S&P 500 (SPX) dropped 0.1 percent to 1,665.36 at 1:48 p.m. in New York. The Dow Jones Industrial Average fell 17.19 points, or 0.1 percent, to 15,337.21.
The following table shows the largest weekly changes in the 90%-110% skew spread, a measure of how expensive puts, or bearish bets, are relative to calls.
The S&P 500 reached records in 10 of the previous 12 sessions, extending its 2013 rally to 17 percent. The index has jumped almost 147 percent from its bear-market low in 2009 amid Federal Reserve bond purchases and earnings growth.
You have to admit - we were right. Last week was indeed a big week for the S&P 500! From Monday, 13 May 2013 to Friday, 17 May 2013, the S&P 500 rose by nearly 2%, or 32.35 points, from 1630.77 to a new record high of 1666.12. Over half the gain for ...
Last Thursday, I focused on the Guggenheim S&P 500 Equal Weight ETF (NYSEArca: RSP). Instead of tracking a traditional market-cap S&P 500, investors can take an equal-weight approach, which has consistently outperformed the broad S&P 500 Index ...
General Motors is still in the "early innings" of its recovery, but it won't be long before it rejoins the S&P 500 largest companies and gets its bond rating back to investment grade, GM CEO Dan Akerson said Saturday. Speaking at the commencement for ...
The company brought in $44.9 billion in profit last fiscal year, making the most profitable company on an absolute basis, says S&P Capital IQ. Right behind Exxon Mobil was gadget maker Apple with its profit of $41.7 billion. And rounding out the top ...
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