Sector Watch
Thursday, April 19, 2001
Sectors sliced through resistance like a hot knife through butter, with 14 resistance alerts being triggered since Tuesday.
Tuesday, April 17, 2001
Resistance alerts were triggered by OEX and HCX on Tuesday.
Thursday, April 12, 2001
Only one resistance alert was triggered today, but several sectors are within inches of triggering more.
Tuesday, April 10, 2001
Much like the companies that are going hit their lowered earnings estimates, we have finally hit 3 resistance alerts.
Friday, April 06, 2001
Fridays decline was not big enough to trigger any support alerts.
Thursday, April 05, 2001
3 support alerts were triggered before todays rally took hold.
Tuesday, April 03, 2001
8 support alerts were triggered on Tuesday, mostly in technology sectors.
Friday, March 30, 2001
One alert was triggered to the downside on Friday and that came early in the trading session in the MSH.
Thursday, March 29, 2001
3 support alerts were triggered Thursday.
Tuesday, March 27, 2001
No alerts were triggered Tuesday, but 12 sectors have moved up one notch.
Friday, March 23, 2001
No support alerts were triggered Friday!
Thursday, March 22, 2001
16 support alerts, or shall we call them speed bumps since they only seem to slow down the decline instead of stop it, were hit today.
Tuesday, March 20, 2001
No alerts were triggered today, but several sectors came within a few points of touching off a support alert.
Sunday, March 18, 2001
Friday’s decline triggered 12 more support alerts.
Thursday, March 15, 2001
Wednesday’s decline took out 10 support levels.
Tuesday, March 13, 2001
13 out of 21 indices hit their support alerts over the past two sessions.
Sunday, March 11, 2001
Four alerts were triggered at support levels on Friday .
Thursday, March 08, 2001
Two alerts were triggered at support levels, and one alert was triggered at resistance. Lowering support for DRG and HCX as money flowed out of these sectors and into tech.
Tuesday, March 06, 2001
No alerts were triggered today, and no support or resistance levels were moved.
Sunday, March 04, 2001
Zero alerts were hit on Friday, but the DOW came within 28 points of 11,050 before getting hit to the downside.
Thursday, March 01, 2001
The market is currently digesting the recent Fed interest rate cut and things have held together pretty well.
Tuesday, February 27, 2001
No alerts were triggered in the past two trading sessions.
Friday, February 25, 2001
Nine alerts were triggered at support levels on Friday before a short-covering rally took hold late in the session.
Friday, February 23, 2001
Nine alerts were triggered at support levels on Friday before a short-covering rally took hold late in the session.
Thursday, February 22, 2001
We are not going to detail all the alerts that were triggered to the downside today, but will point out those indexes that closed above their support alerts.
Tuesday, February 20, 2001
Nine alerts were triggered on Tuesday and they all came at support level.
Friday, February 18, 2001
One alert was triggered on Friday and it should not be a surprise that it came at support in the NWX.
Thursday, February 15, 2001
Four alerts were triggered at support levels on Wednesday and those levels looked to have had buyers nearby.
Tuesday, February 13, 2001
Zero alerts were triggered in the last two sessions, but that does not mean we did not come close to some support levels in the technology area.
Friday, February 09, 2001
Four alerts were triggered at support levels on Friday and they came in the technology group.
Thursday, February 08, 2001
Poor earnings from Cisco Systems was not enough to trigger any downside alerts, but they did send many tech indexes lower.
Tuesday, February 06, 2001
After the closing bell, Cisco Systems (CSCO) missed earnings by a penny and that should have technology stocks active in the morning.
Friday, February 04, 2001
Zero alerts were hit on Friday, but the DOW came within 28 points of 11,050 before getting hit to the downside.
Thursday, February 01, 2001
The market is currently digesting the recent Fed interest rate cut and things have held together pretty well.
Tuesday, January 30, 2001
The small caps are on the move as the RUT hit another upside alert at 505 and closed firmly above that level.
Friday, January 28, 2001
Bad news in technology saw a lower open, but that was erased by sessions end.
Thursday, January 25, 2001
Wednesday was a day of consolidation and today we witnessed rotation. Out of technology and back into defensive indices looks to be the play.
Tuesday, January 23, 2001
One alert was triggered in the past two sessions and that alert came to the upside in the COMPX.
Friday, January 21, 2001
Three alerts were triggered on Friday. Two were at resistance (NDX,GOS.X) and one at support (RLX).
Thursday, January 18, 2001
Four alerts were triggered to the upside in the last two sessions and they were all technology related. The INX has now triggered three upside alerts, but once again failed to close above its resistance alert.
Tuesday, January 16, 2001
The INX triggered an upside alert today at 240, but was not able to close above that level. However, this is the second upside alert on this index.
Friday, January 07, 2001
The BTK.X triggered a support alert on Friday.
Thursday, January 04, 2001
Twelve alerts were triggered in the past two sessions.
Tuesday, January 02, 2001
Five support alerts were triggered Tuesday.
Friday, December 31, 2000
Three resistance alerts were triggered on Friday. The RLX closed higher than our 850 alert as did the XAL when it hit our 166 alert.
Thursday, December 28, 2000
The Sector Watch is a tool that has been designed to give you a snapshot glance of where the major market sector and indices are headed.
Tuesday, December 26, 2000
The Sector Watch is a tool that has been designed to give you a snapshot glance of where the major market sector and indices are headed.
Friday, December 24, 2000
One alert was triggered at resistance in the last session. Raising support (BIX, XBD).
Thursday, December 21, 2000
Twelve alerts were triggered in the past two sessions and all were at support.
Tuesday, December 19, 2000
Six alerts were triggered in the past two sessions, with the BIX triggering a resistance alert.
Friday, December 17, 2000
Eight alerts were triggered at support in the past session. Lowering support (SPX, COMPX, NDX, MSH, XCI, GSO.X, NWX, XBD).
Thursday, December 14, 2000
Two alerts were triggered in the past two sessions, one alert was at support and one alert was at resistance.
Tuesday, December 12, 2000
Four alerts were triggered at resistance in the past two sessions. Raising support (RUT, XCI, GSO.X, NWX, BIX, XBD).
Friday, December 10, 2000
Four alerts were triggered at resistance in the past session.
Thursday, December 07, 2000
Five alerts were triggered in the past two sessions with the OIX triggering a support alert.
Tuesday, December 05, 2000
No alerts were triggered in the past two sessions.
Friday, December 03, 2000
No alerts were triggered in the last session.
|
