Bounce For Profit: Metal Stocks Holding Major Supports
The metal stocks continue to hold key support levels on their daily charts. Stocks like Goldcorp Inc. (USA) (NYSE:GG) and Silver Wheaton Corp. (USA) (NYSE:SLW) are into major support as shown in the chart below. These stocks have seen a dramatic decline in recent months as the Dollar has surged and gold and silver have fallen.
(ORN, MJGCF, AIT, CMI, SLW) Featured Stocks by CRWEFinance.com
(CSII, CRWE, ISIL, SLW) Stock Report from PennyGovernance.com
(SLW, CLNO, UIL, ATO) Featured Stocks by PennyOTCStock.com
(AAN, SLW, GBLHF, MMC) Stocks in Review by StockHotTips.com
Aaron's, Inc. (NYSE:AAN) announced that Cynthia N. Day has been elected to its Board of Directors. Day is the senior executive vice president and chief operating officer of Atlanta-based Citizens Trust Bank.
Aaron's, Inc. operates as a specialty retailer of consumer electronics, computers, residential furniture, household appliances, and accessories in the United States and Canada.
(SLW, CLNO, PPS, SUI) Notable Stock by CRWEWallStreet.com
Friday, September 23, 2011 Stock Market Performance
•After yesterday's brutal sell-off stocks rose with the indices gaining at least 0.4% today palpable to the prior session's losses.
•The broader SP 500 $SPX $SPY support level moved up slightly from 1,128 to 1,130 while resistance remains the same at 1,150.
•The support/resistance levels for the Nasdaq Composite $COMPX $QQQ moved higher from 2,381 to 2,470 and from 2,468 to 2,483.
Thursday, September 22, 2011 Stock Market Performance
•Stocks declined heavy again with major indexes down at least 3.2% each today.
•SP 500 $SPX $SPY support/resistance moved down from 1,165 to 1,128 and 1,173 to 1,150.
•Nasdaq Composite $COMPX $QQQ support moved lower from 2,531 to 2,381 and resistance moved lower from 2,549 to 2,468.
•SP 500 and Nasdaq Composite are now both below their moving averages (21, 50, 200).