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Stock Market Technical Analysis S&P 500, 600, 400, 100

Date: 12/1/2011


Stock Market Technical Analysis S&P 500, 600, 400, 100 (VIDEO). Central Banks Save European Bank Failure, What's Next for the Stock Market? In this live "Stock Index Analysis" video, we'll cover all the major stock market indices and the how to interpret and trade the recent "Federal Reserve" and "Central Bank" liquidity injections.

Stocks rallied yesterday and traded flat today. Traders will be waiting on tomorrow's "Job's Number" and we'll see if the markets can continue the upward momentum or if we'll reverse and go lower.

Yesterday's rally had the Dow Jones industrial average closed at 12,046. Up 490 points or 4.24%. The NASDAQ composite index closed at 2620.3 up 104.83 points or 4.17%, Dow Jones utility index closed at 448.84 up 11.74 points or 2.69%, the Dow Jones transportation index closed at 4946.2 up 226 points or 4.79%, the NASDAQ 100 index closed at 2295.2 up 83.81 points or 3.79%, the Russell 2000 closed at 737.42 up 41.32 points or 5.94%, the S&P 500 closed at 1246.96 up 51.77 points or 4.33%.

Yesterday gold traded higher by more than $30 per ounce and silver adding over $1 following the Fed announcement that the world will soon be flooded with more dollars due to the coordinated cut in the swaps rate, the US currency dropped sharply against its peers which comprise the $USD.Today, results were mixed as markets digested the gains.

The Dow Jones industrial average closed at 12,020 down 26 points or -.22%. The NASDAQ composite index closed at 2626.2 up 5.86 points or .22%, the S&P 500 closed at 1244.58 down -2.38 points or -.19%.Headlines from Europe weighed on the market slightly along with China manufacturing slowing. Markets continue to battle the "MF Global" collapse and people are looking to see where "Jon Corzine" has been since the scandal broke.