Interview with Tesla CEO Elon Musk

Oracle lifts Nasdaq while S&P rises on banks

S&P and Nasdaq dip, Dow up after Fed comments, home sales

CBOE prices initial public offering

CBOE prices initial public offering

By 2010-06-15T04:24:15Z

CHICAGO (AP) -- CBOE Holdings Inc. said Monday that its initial public offering of 11.7 million shares of unrestricted common stock would be priced at $29 per share. The shares will begin trading on the Nasdaq Stock Market on June 15 under the symbol "CBOE."...

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Is the NASDAQ Now in Thin Air?

Of the three major indexes I track: DOW, NASDAQ and the S&P 500, only the NASDAQ is in thin air.

What do I mean by that? So far the NASDAQ is the only index to make it past the 50% Fibonacci retracement levels as measured from the highs seen in 2007 and the lows that were made in March of this year.

Both the Dow and the S&P 500 have rallied strongly from their March lows but have not made it over the 50% retracement level.

Many professional traders – myself included – are looking at the NASDAQ’s Fibonacci retracement as it represents a potentially key turning point for this year’s market.

While not all the pieces are in place to go short or get out of long positions, one of the first clues is being put in place today by the Japanese candlestick charts.

Watch our video on the NASDAQ retracement levels, as well as one of the key components that could lead to a potential reversal to the downside.

Nasdaq Fibonacci Retracement Levels