Off the Charts

The S&P failed to break its three-day losing streak as it could not hold onto the mid-day gains in the last hour of the day. The S&P closed below 1700 in today's session as it finished the day down 0.26%.

The financials continue to weigh on this market as they were one of the hardest hit groups in today's session. Industrials and technology stocks hold up well. Overall the S&P has seen a big move from the Aug. 28 low up to the Sept. 19 high, so a rest or pullback would be healthy. Breakout failures can lead to pull-backs or corrections, and right now I feel traders are in wait-and-see mode before looking to buy dips. Given recent volatility I think a cautious approach is best....532 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.