Stock Market Today – Stock Prices Turn Around - Verizon (NYSE:VZ) and Intel (NASDAQ:INTC) Drop

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(Best Syndication News) Most stocks turned around finally today, but there were some exceptions (see stock charts below).

Dow Jones

The Dow Jones Industrial Average (DJIA) advanced 75.42 points (+0.63%) to 12,124.36. The Dow was lower six days in a row (see world market chart below).

The index broke through yesterday’s R1 resistance level of 12,094.06 (see Dow technical chart below). The range was 8.94 percent higher than average, but the volume was 12.28 percent below average. The low volume made the market less volatile.

Only four Dow constituents were lower Thursday (see Dow constituent chart below). JPMorgan Chase & Co. (NYSE:JPM) was the big winner today.

Verizon Communications Inc. (NYSE:VZ) fell more than any other Dow constituent. The share price dropped 0.23 (-0.64%) to $35.67. In after hours the share price rose 0.19 (0.53%) to $35.86.

The stock gained two-days in a row while the rest of the Dow declined. Investors could be taking their profits.

The stock price of Intel Corporation (Public, NASDAQ:INTC) fell 0.06 (-0.27%) to $21.76. In after hours the stock continued to decline, falling 0.02 (-0.09%) to $21.74.

The stock was down 1.09 percent yesterday, but was higher the previous two days. There were no exceptional news for the stock today, but on Tuesday seven employees were injured at a plant in Chandler, Arizona. One of the employees was severely burned in a chemical-storage room.

S&P 500 and Nasdaq

The S&P 500 Index rose 9.44 points (+0.74%) to 1,289.00 and the Nasdaq index advanced 9.49 points (+0.35%) to 2,684.87.

All of the S&P sectors were higher today with the exception of the Telecom (see sector chart below). Energy, materials, and financials were all up over one percent.

By: Dan Wilson

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World Markets:

Thursday U.S. Markets 1 Day 1 Day 1 Week 30-Day 100-Day
6/9/2011 Pt Change % Change % Change % Change % Change
12,124.36 Dow Jones Industrial Avg 75.42 0.63% -1.01% -5.36% 2.13%
1,289.00 S&P 500 9.44 0.74% -1.82% -5.47% 0.44%
2,684.87 Nasdaq Composite Index 9.49 0.35% -3.19% -6.57% -0.17%
Thursday World Market Indexes 1 Day 1 Day 1 Week 30-Day 100-Day
9-Jun-11 Pt Change % Change % Change % Change % Change
135.58 DJ Asian Titans 50 -0.56 -0.41% -1.57% -6.02% -6.21%
2103.26 The Global Dow 7.07 0.34% -1.32% -6.74% -1.85%
9,467.15 Nikkei 225 Japan 17.69 0.19% -0.92% -3.88% -7.86%
2,703.32 Shanghai China -46.97 -1.71% -0.07% -7.17% -0.47%
22,609.83 Hang Seng Hong Kong China -51.80 -0.23% -2.77% -4.68% -5.31%
2541.82 Dow Stoxx - 50 Europe 24.86 0.99% -0.84% -4.49% -4.89%
2778.12 DJ Euro Stoxx - 50 Europe 26.06 0.95% -0.16% -7.74% -6.48%
5,856.34 FTSE 100 England 47.45 0.82% 0.14% -3.52% -0.68%
3,878.65 CAC 40 France 40.67 1.06% -0.29% -5.56% -3.45%
7,159.66 DAX Germany 99.43 1.41% 1.21% -4.72% 1.38%
4,549.60 S&P ASX 200 Australia 12.80 0.28% -1.10% -5.67% -4.33%
18,384.90 BSE Sensex Bombay India -9.39 -0.05% -0.59% -3.92% -3.28%
63,468.82 Brazil Bovespa Stock Index 435.85 0.69% -1.17% -4.03% -8.76%
13,255.74 Canada S&P/TSX Comp 71.95 0.55% -1.95% -4.94% -0.02%

Dow Technical Data:

Dow Technical Data
Thursday, June 09, 2011 Value Support and Resistance
Dow Value - Close Today 12,124.36 Yesterday Close 12,048.94
Point Change Today 75.42 Support/Res Today
% Change Today 0.63% S3 11,833.45
Today's Open 12,049.47 S2 11,967.48
Today's Low 12,049.09 S1 12,019.90
Today's High 12,183.12 Pivot Pt 12,101.51
Today's Range (High - Low) 134.03 R1 12,153.93
Average Daily Range 100 Days 123.03 R2 12,235.54
% Today Daily Range w/ Average Range 8.94% R3 12,369.57
100 Day Low 11,613.30
100 Day High 12,810.54 Support/ Res Yesterday
Today's Volume * 149,630,675 S3 11,911.26
Average 100 Day Volume * 170,577,754 S2 11,985.36
% of Today Daily Vol. w/ Average Volume -12.28% S1 12,020.56
Point Change MTD (165.78) Pivot Pt 12,059.46
% Change Month To Date (MTD) -1.35% R1 12,094.66
Point Change YTD 449.60 R2 12,133.56
% Change Year To Date (YTD) 3.85% R3 12,207.66
Best Syndication Today Volatility BSNVX1 -1.10%
Average Volatility Last 100 Days BSNVX1 1% Moving Averages
Best Syndication Today Volatility BSNVX2 -3% 50 Day Moving 12,449.50
Average Volatility Last 100 Days BSNVX2 14% 100 Day Moving 12,255.86
* Volume reflects weighted average

Dow Jones Constituents:

Thursday Dow Constituents One Day One Day 5-Day 30 Day 100-Day
6/9/2011 Name Symbol Point Ch. % Change % Change % Change % Change
35.67 Verizon Communication VZ (0.23) -0.64% 0.11% -6.79% 3.81%
21.76 Intel Corporation INTC (0.06) -0.27% 0.14% -4.56% 3.23%
53.62 Wal-Mart Stores, Inc. WMT (0.07) -0.13% -0.07% -1.96% -2.76%
30.33 AT&T Inc. T (0.01) -0.03% -1.04% -3.32% 7.06%
15.31 Cisco Systems, Inc. CSCO 0.01 0.07% -4.37% -11.45% -27.85%
23.96 Microsoft Corporation MSFT 0.02 0.08% 0.21% -10.30% -16.40%
81.26 McDonald's Corporation MCD 0.11 0.14% 0.89% 4.14% 8.81%
65.01 The Procter & Gamble... PG 0.16 0.25% -0.64% 0.79% -0.75%
35.46 Hewlett-Packard Co HPQ 0.10 0.28% -1.80% -12.51% -23.48%
164.84 Intl. Business Machines IBM 0.50 0.30% -0.13% -3.48% 9.42%
20.75 Pfizer Inc. PFE 0.07 0.34% -0.43% -0.38% 12.89%
39.37 The Walt Disney Co DIS 0.14 0.36% -0.03% -8.48% -0.05%
18.58 General Electric Co GE 0.07 0.38% -1.28% -9.81% -0.11%
74.18 The Boeing Company BA 0.33 0.45% -0.88% -5.56% 2.36%
34.22 Kraft Foods Inc. KFT 0.16 0.47% 0.35% 1.85% 10.21%
48.33 American Express Co AXP 0.23 0.48% -1.93% -0.39% 4.23%
81.18 Exxon Mobil Corp XOM 0.42 0.52% 0.00% -7.05% 3.14%
15.5 Alcoa Inc. AA 0.09 0.58% -2.64% -9.30% -4.73%
36 Merck & Co., Inc. MRK 0.21 0.59% 0.50% 0.64% 6.29%
61.08 The Travelers Co TRV 0.39 0.64% -0.16% -3.14% 11.72%
34.33 The Home Depot, Inc. HD 0.23 0.67% -0.87% -8.38% -4.69%
65.89 The Coca-Cola Co KO 0.49 0.75% 0.55% -2.25% 3.80%
66.78 Johnson & Johnson JNJ 0.64 0.97% 1.04% 2.14% 7.54%
10.65 Bank of America... BAC 0.11 1.04% -5.59% -14.25% -29.00%
91.96 3M Company MMM 1.05 1.15% 1.39% -5.42% 4.33%
99.26 Caterpillar Inc. CAT 1.22 1.24% -1.82% -11.88% 3.15%
84.09 United Technologies... UTX 1.05 1.26% 1.02% -5.53% 5.68%
101.23 Chevron Corporation CVX 1.28 1.28% 0.23% -6.97% 8.44%
50.46 E.I. du Pont DD 0.72 1.45% 0.34% -11.08% 1.53%
40.98 JPMorgan Chase & Co. JPM 0.59 1.46% -1.42% -10.62% -8.42%

S&P Sector:

Thursday Sector Name One-Day One-Week 30-Day 100-Day 100-Day
6/9/2011 % Change % Change % Change % Change High
553.6 Energy 1.24% -0.52% -6.03% 4.52% 598.02
236.65 Materials 1.58% -0.01% -6.80% -2.56% 254.77
308.44 Industrials 0.71% -0.91% -7.50% -1.10% 334.56
303.84 Consumer Discretionary 0.77% -0.91% -5.20% 1.17% 322.58
321.43 Consumer Staples 0.53% -0.15% -0.70% 5.86% 333.63
408.54 Health Care 0.98% 0.64% 0.19% 9.34% 420.57
200.62 Financials 1.19% -1.95% -9.20% -10.31% 231.16
400.22 Info Tech 0.08% -1.79% -6.79% -5.83% 438.64
130.13 Telecom Svc -0.08% -1.14% -3.61% 4.87% 136.34
167.06 Utilities 0.05% -0.16% -0.42% 3.30% 172.81
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