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The day ends on a weak note… Chart Courtesy of Thomson Financial Index Index Value Point Change Percent Change S&P 500 (SPX) 1330.6 -21.5 points -1.59 percent Dow Jones Industrial Average (DJIA) 12207.2 -171 points -1.38 percent Nasdaq Composite (COMP) 2326.2 -34.7 points -1.47 percent Russell 2000 (RUT) 688.6 -4.1 points -0.59 percent CBOE Market Volatility Index (VIX) 29.08 1.30 points 4.7 percent Click here for symbol descriptionsThe day started with the S&P 500 (SPX) testing resistance…(Read More)

In a post on Wednesday I looked at the weekly charts of Apple Inc. (AAPL), Microsoft Corp…(Read More)

In a post earlier this month – Illumina, Inc. (ILMN) – Look for a Pullback – we saw that shares of ILMN had broken new highs…(Read More)

We head into the second half of the session with the market now in negative territory… Chart Courtesy of Thomson Financial Click here for symbol descriptions Earlier I noted the S&P 500 (SPX) had tested resistance and now we find the index sitting just a points above yesterdays low…(Read More)

One of the leading stocks today is ScanSource, Inc. (SCSC). The shares are up more than 20% today and, as the daily chart below shows, have now recouped much of their recent decline…(Read More)

We are an hour into the session and find the S&P 500 (SPX) testing the bottom of the range that I discussed yesterday… Chart Courtesy of Thomson Financial Chart Courtesy of Thomson FinancialThe first chart is an expanded view of the daily that I talked about in yesterday’s video and shows this initial test of the bottom of the range…(Read More)