S&P 500 Movers for Friday (1/14)
Major bank stocks declined after their earnings reports on Friday, weighing on the U.S. markets as Wall Street notched a second straight negative week to start the year.
The $Dow Jones Industrial Average(.DJI.US$ slid 201.81 points, or 0.56%, to 35,911.81. The $S&P 500 Index(.SPX.US$ inched up 0.08% to 4,662.85, while the tech-heavy $Nasdaq Composite Index(.IXIC.US$ outperformed with a 0.59% gain to close at 14,893.75.
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FearlessSinnerz : they're going to really go negative for going short on $AMC Entertainment (AMC.US)$
MindThink : Nice
Elizabethy : The percent of S&P 500 stocks trading above their 200-day moving average (SMA) begins the week at almost 68%.
Ideally, we'd like to see this below 10% or 20% for the best long-term setups.