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February 2012

Recs

2

Railroad Stocks Get Derailed

February 29, 2012 – Comments (0) | RELATED TICKERS: UNP , CSX , NSC

This afternoon, the leading railroad stocks are declining lower. Traders and investors will look to the railroad stocks and the transportation stocks as an economic barometer. When this industry group declines or trades lower it is sign that things could be slowing down in the economy. The opposite is true when this sector rallies and trades higher, it is generally a sign of economic expansion.

Leading railroad stocks such as Union Pacific Corp (NYSE:UNP), CSX Corp (NYSE:CSX), and Norfolk Southern Corp (NYSE:NSC) all trading lower today. These stocks are now trading at or below their daily chart 50 moving average and that is a sign of short term weakness. These stocks all seem to have a little further downside in the near term according to their daily charts.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

1

Major Cracks Emerge As The Market Downfall Begins

February 29, 2012 – Comments (1) | RELATED TICKERS: GLD , SLV , AAPL

Gold and silver collapsed in epic fashion as the Dollar had a rare sharp spike intra-day. This was just one of the reasons for the market fall off new 52 week highs. In this article, I will show you why the markets are ready to fall and on the verge of a steep correction.

The collapse in gold and silver must be mentioned first. The SPDR Gold Trust (ETF) (NYSEARCA:GLD)  is trading at $167.10, -6.39 (-3.68%) and the iShares Silver Trust (ETF) (NYSEARCA:SLV)  is trading at $33.82, -2.01 (-5.61%). The reason for this massive drop is two pronged. First, gold and silver have been ripping higher for the last two months. The GLD bottomed on December 29th, 2011 at $148.00. Yesterday, it hit a high of $174.00. This massive move created a major overbought scenario and was due for a correction. Secondly, the Dollar had a major spike higher intra-day. This is rare but as it happened, traders ran for the exits. As they dumped, more investors sold creating a domino effect. This drop on gold is one of the biggest one day drops ever..

Next, the Dow Jones Industrial Average closed above 13,000 yesterday. This was significant on a psychological level. As the media pumped this level yesterday, the average investor reacts by getting coaxed into the markets, thinking all is safe. They also feel they are missing out on making money, a powerful emotion called greed. As amateur retail money flows in, history has shown us the top is in or near. Sure enough, early upside gave way to selling.

In addition to the 13,000 level on the Dow Jones Industrial Average, the NASDAQ hit 3,000 for the first time since the year 2000. This is another psychological barrier. Is the market really at technology bubble levels from 2000? If so, that is a scary thought when one connects the bubble dots. No sooner did the NASDAQ break 3,000, the markets dropped.

Lastly, Apple Inc. (NASDAQ:AAPL) hit the amazing market capitalization of half-a-trillion Dollars. This puts the worth of Apple on par with the 20th biggest economy in the world. Psychologically, that is a hard apple to chew and something that must make investors slightly wary.

All these factors are mixing with an overbought market. Downside is close at hand regardless of Federal Reserve and European Central Bank continued intervention. While the markets find themselves in another bubble, the pop is not far away.

Gareth Soloway
InTheMoneyStocks.com

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Recs

0

This Chart Says It All

February 29, 2012 – Comments (0) | RELATED TICKERS: TCK , CL , XOM

This morning, the U.S. Dollar Index futures (ES H2) have surged higher from the morning lows. As we all should know by now, when the dollar climbs the stock and commodity markets will deflate and trade lower. That is ecactly what we are seeing this morning as the major stock indexes such as the Powershares QQQ Trust (NASDAQ:QQQ), SPDR S&P 500 Trust (NYSEARCA:SPY), and the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) have faded from earlier highs.  

Some stocks that will be adversely affected by the stronger U.S. Dollar Index is Exxon Mobil Corp (NYSE:XOM), Cliff Natural Resources Inc (NYSE:CLF), and Teck Resources Ltd (NYSE:TCK). Traders must remember that commodity stocks are usually the first to fall when the greenback gains in strength.

Nicholas Santiago
InTheMoneyStocks.com
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Recs

0

Will High Gasoline Prices Eat Into The Restaurant Stocks?

February 29, 2012 – Comments (0) | RELATED TICKERS: UGA , YUM , BWLD

As we all know by now, the United States Gasoline Fund (NYSEARCA:UGA) has soared higher since December 19, 2012. At that time, the UGA was trading around the $45.50 level. Earlier this week, the UGA hit a new 52 week high at $57.22 a share before pulling back slightly. This morning, the UGA is trading higher by 0.46 cents to $55.95 a share. Traders and investors have to wonder if the high energy prices will start to affect the economic spending habits of consumers. Normally, high energy prices will have a negative effect on consumers spending and the restaurant stocks can be some of the first stocks to be affected.

Yum Brands Inc (NYSE:YUM), Chipotle Mexican Grill Inc (NYSE:CMG), Panera Bread Co (NASDAQ:PNRA), and Buffalo Wild Wings Inc (NASDAQ:BWLD) have been very strong and market leaders recently. These stocks could be directly affected by the high energy prices in the near term. Other leading restaurant stocks such as McDonalds Corp (NYSE:MCD), and Wendys Co (NYSE:WEN) could benefit since they have cheaper items on their menu. It is important to note that all of the restaurant stocks are holding up well on the daily charts and have not been affected by the high energy prices yet.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

2

Falling U.S. Dollar Saves The Markets Again

February 28, 2012 – Comments (0) | RELATED TICKERS: DIA , SPY , SLV

Once again, the U.S. Dollar Index futures (DX H2) sold off shortly after the opening bell rang at the New York Stock Exchange. Most traders should know that when the U.S. Dollar declines the major stock and commodity indexes will inflate and trade higher. That is certainly what has happened this afternoon. Earlier today, when the U.S. Dollar Index caught a strong bid higher the SPDR Dow Jones Industrial Average (NYSEARCA:DIA), and the SPDR S&P 500 Trust (NYSEARCA:SPY) all declined very quickly. These major indexes all recovered as soon as the U.S. Dollar Index sold off.

Leading commodities will also rally and trade higher when the U.S. Dollar Index declines. The iShares Silver Trust (NYSEARCA:SLV) is trading higher by $1.62 to $35.99 a share. Gold is also climbing today as the SPDR Gold Shares (NYSEARCA:GLD) are trading higher by $1.86 to $173.57 a share. Gold and silver are leading indicators of inflation. As many of you already know, higher gold and silver prices are a byproduct of a weaker U.S. Dollar Index.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

0

Dow Battling 13,000 As Apple Fights Towards A Half Trillion

February 28, 2012 – Comments (0) | RELATED TICKERS: AAPL , MSFT , GOOGL

The Dow Jones Industrial Average is once again battling the 13,000 level. This is the third consecutive trading day it has been above that level on an intra-day basis. The big question is, will it finally close above that master level? As it battles this level, psychologically it becomes bigger and bigger. All signals point to this day being the final chance for the Dow to close above 13,000.

The market is clearly being headed by technology. Apple Inc. (NASDAQ:AAPL), which makes up almost 20% of the NASDAQ 100 is pushing higher again. The stock is trading at $532.40, +6.64 (+1.26%). The market cap of this mega goliath is approaching half a trillion Dollars. The major talk today is of the iPad 3 being unveiled next week. This may be a classic sell the news event for a short late this week or early next week.

Other stocks leading the rally today are Microsoft Corporation (NASDAQ:MSFT), Google Inc (NASDAQ:GOOG) and Intel Corporation (NASDAQ:INTC). They are all up more than one-percent on the day and leading this market higher.

Gareth Soloway
InTheMoneyStocks.com

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Recs

0

Home-builder Stocks Show Early Weakness

February 28, 2012 – Comments (0) | RELATED TICKERS: TOL , LEN , DHI

The home-builder stocks are now on everyone's radar. These stocks have soared since the stock market bottomed on October 4, 2011. The home-builder stocks have gone from laggard to leader as almost every talking head in the financial media continues to call for a low in the housing market.

This morning, the leading home-builder stocks are all trading lower to start the day. Toll Brothers Inc (NYSE:TOL) is considered the best of the home-builder stocks since it caters to the high income client. The stock has pulled back since February 21, 2012 when the stock traded as high as $24.22 a share. Short term traders can watch for intra-day support around the $22.35 and $22.00 levels. The daily chart of TOL will have decent support around the $21.50 area.

Other leading home-builder stocks that are declining this morning include DR Horton Inc (NYSE:DHI), Lennar Corp (NYSE:LEN), and KB Home (NYSE:KBH). All of these stocks continue to hold up well on the daily charts at this time.

Nicholas Santiago
InTheMoneyStocks.com
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Recs

0

Third Time The Charm For Dow 13K?

February 27, 2012 – Comments (0) | RELATED TICKERS: SPY , DIA

The Dow Jones Industrial Average again pushed above 13,000 intra day. This is the third time in the last week it has happened, yet each time the market has pulled back into the 4PM ET close. The big question is being asked, is the third time the charm for the Dow? In terms of understanding proprietary counts and levels, today is very important. Should the markets close back below that level it could actually mean a pull back is coming instead of further upside. Stay tuned and pay close attention.

This same action is occurring on the S&P 500. The pivot high on the tracking ETF SPDR S&P 500 ETF (NYSEARCA:SPY)  was $137.20. With the markets hitting that level three times now on three difference days, today remains absolutely important in terms of the bull case scenario.

Gareth Soloway
InTheMoneyStocks.com
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Recs

2

Metals Not Confirming Market Strength

February 27, 2012 – Comments (0) | RELATED TICKERS: JJC , X

The metal stocks have stalled and fallen sharply over the last few weeks, not confirming the market strength. This has to be a warning of possible economic weakness in the coming months. Look at the iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEARCA:JJC) . This topped out in mid January and has since chopped sideways while the markets have gone higher. In addition, stocks like United States Steel Corporation (NYSE:X)  topped out weeks ago and have been pulling back.

The markets are up on fluff and buy programs. Note the weakness in the metals as a key indicator that the economic picture is not as rosy as the markets make it seem. Be on alert and start accumulating shorts.

Gareth Soloway
InTheMoneyStocks.com
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Recs

0

Metals Not Confirming Market Strength

February 27, 2012 – Comments (0) | RELATED TICKERS: JJC , X

The metal stocks have stalled and fallen sharply over the last few weeks, not confirming the market strength. This has to be a warning of possible economic weakness in the coming months. Look at the iPath Dow Jones-UBS Copper Subindex Total Return ETN (NYSEARCA:JJC) . This topped out in mid January and has since chopped sideways while the markets have gone higher. In addition, stocks like United States Steel Corporation (NYSE:X)  topped out weeks ago and have been pulling back.

The markets are up on fluff and buy programs. Note the weakness in the metals as a key indicator that the economic picture is not as rosy as the markets make it seem. Be on alert and start accumulating shorts.

Gareth Soloway
InTheMoneyStocks.com
  [more]

Recs

0

Another Buy Program Lifts The Market Off Lows

February 27, 2012 – Comments (0) | RELATED TICKERS: SPY

Stocks recovered once again from an initial drop to turn positive. This has happened many times in this 2012 trading year as early selling has yielded to massive buy programs, triggered by powers most have no idea exist. The vertical nature of the move pushed the markets back to 13,000 on the Dow Jones Industrial Average. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $137.07, +0.14 (+0.10%). The big question for the day is whether or not the markets can close above the key 13,000 level on the Dow.

The below chart shows the key supports and resistance levels on the SPY. These levels are great for day trading.

Gareth Soloway
InTheMoneyStocks.com

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Recs

0

Financial Stocks Still Tell The Tale

February 27, 2012 – Comments (0) | RELATED TICKERS: JPM , GS , MS

This morning, all of the leading financial stocks are holding up after an early morning dip. J.P. Morgan Chase & Co (NYSE:JPM) is considered the most important financial stock in the United States. As long as JPM holds up it is very difficult to see the major stock market indexes stage any meaningful decline. Traders that follow JPM stock can watch for intra-day resistance around the $38.25, and $38.50 levels.

Other important financial stocks that traders should follow are Goldman Sachs Group Inc (NYSE:GS), Morgan Stanley (NYSE:MS), and Deutsche Bank AG (NYSE:DB). All of these leading stocks have rebounded off of their morning lows. As long as the financial stocks hold up the major stock indexes will likely hold up as well.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

1

U.S. Dollar Plummets, That Is All you Need To Know

February 24, 2012 – Comments (0) | RELATED TICKERS: CLF , FCX , CVX

This morning, the U.S. Dollar Index is declining and that is helping to inflate the major stock indexes once again. Normally, energy and commodity stocks will be the first equities to inflate when the U.S. Dollar declines, however, these days everything in the market including technology stocks will inflate as soon as the U.S. Dollar dips. It seems that the institutional traders simply have the computers set to buy the markets on any decline in the greenback.

This morning, leading stocks such as Cliffs Natural Resources Inc (NYSE:CLF), Freeport McMoRan Copper & Gold Inc (NYSE:FCX), and Chevron Corp (NYSE:CVX) are all trading higher as the U.S. Dollar Index fades from the open. Most leading technology stocks such as Apple Inc (NASDAQ:AAPL), Akamai Inc (NASDAQ:AKAM), and Sandisk Corp (NASDAQ:SNDK) are all trading higher today. The markets seem to be able to shrug off the high price of crude and this is simply the by product of the U.S. Dollar Index. Enjoy the inflation rally while it lasts. If the U.S. Dollar catches a real bid this inflation party will come to an abrupt end.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

0

IBM Leads As Investors Hope For Apple Dividend

February 23, 2012 – Comments (0) | RELATED TICKERS: IBM , AAPL

The markets are floating higher as International Business Machines Corp. (NYSE:IBM) leads the charge. The stock is hitting new all time highs at $198.86, +4.99 (+2.57%). This is accounting for about 20 points in the Dow Jones Industrial Average on the day. It is the biggest component and is making up a majority of the Dow move today.

In addition, the NASDAQ is leading today as all eyes are on Apple Inc. (NASDAQ:AAPL). At 1PM ET an investor meeting will get under way. Investors are hoping the company declares a dividend. Apple makes up 20% of the NASDAQ 100. This makes any move in Apple a major market move.

The Dow Jones Industrial Average is getting very close to 13,000. As the institutions and Federal Reserve continue to push more and more people into the market, a close over 13,000 for the weekend is likely. The media would pounce on this and it would ultimately coax more investors to the long side next week. This always happens towards the end of an up cycle in the market and should be a big warning to smart traders and investors.

Gareth Soloway
InTheMoneyStocks.com
  [more]

Recs

0

IBM Leads As Investors Hope For Apple Dividend

February 23, 2012 – Comments (0) | RELATED TICKERS: IBM , AAPL

The markets are floating higher as International Business Machines Corp. (NYSE:IBM) leads the charge. The stock is hitting new all time highs at $198.86, +4.99 (+2.57%). This is accounting for about 20 points in the Dow Jones Industrial Average on the day. It is the biggest component and is making up a majority of the Dow move today.

In addition, the NASDAQ is leading today as all eyes are on Apple Inc. (NASDAQ:AAPL). At 1PM ET an investor meeting will get under way. Investors are hoping the company declares a dividend. Apple makes up 20% of the NASDAQ 100. This makes any move in Apple a major market move.

The Dow Jones Industrial Average is getting very close to 13,000. As the institutions and Federal Reserve continue to push more and more people into the market, a close over 13,000 for the weekend is likely. The media would pounce on this and it would ultimately coax more investors to the long side next week. This always happens towards the end of an up cycle in the market and should be a big warning to smart traders and investors.

Gareth Soloway
InTheMoneyStocks.com
  [more]

Recs

0

The Chart That Dominates The World

February 23, 2012 – Comments (0) | RELATED TICKERS: FXY , FXC , FXB

There is simply no chart in the world that is more important than the U.S. Dollar Index. The U.S. Dollar Indexmeasures the performance of the U.S. Dollar against a basket of six leading currencies including the Euro(58.6%), Japanese Yen (12.6%), Pound Sterling (11.9%), Canadian Dollar (9.1%), Swedish Krona (4.2%), and the Swiss Franc (3.6%). Traders can follow CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC), CurrencyShares Japanese Yen Trust (NYSEARCA:FXY), and the CurrencyShares British Pound Sterling Trust (NYSEARCA:FXB) and see how they react wit the U.S. Dollar.

Traders can easily see in the chart below how the major stock indexes will inflate higher as the U.S. Dollar Index declines intra-day. The opposite effect will occur when the U.S. Dollar Index trades higher, the major stock indexes will deflate and sell off. This inverse relationship between the U.S. Dollar Index and the major stock market indexes is as tightly correlated as it has ever been. This morning, gold and silver have started to trade higher once the U.S. Dollar began to sell off around 10:00 am EST. This tells us that the U.S. Dollar Index chart is the most important chart that any trader can follow at this time. It gives us the gauge of inflation that is occurring at any given time in the markets.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

0

Oil Service Stocks Pause Despite Geopolitical Events

February 23, 2012 – Comments (0) | RELATED TICKERS: OIH , SLB , HAL

Almost everyone that trades energy or the oil service stocks is talking about the Iranian situation in the Middle East. The tensions in the region seem to be building on a daily basis. This event is certainly keeping a bid in the oil and energy markets. Normally, these geopolitical events will keep a bid under the oil service stocks, however, at some point that will change. That is why it is best to use charts and not rely on the news when trading.

The Market Vectors Oil Services ETF (NYSEARCA:OIH) has been inflating with the major stock indexes since December 19, 2011. This morning, the OIH is trading lower by 0.14 cents to $44.35 a share. The daily chart remains strong as the OIH is now trading above the important 200 moving average. The OIH now has an upside bias to the $46.50 area. Short term traders can watch for intra-day support around the $44.12, and $43.50 area. Some leading oil services stocks that are trading slightly lower today include Baker Hughes Inc (NYSE:BHI), Halliburton Co (NYSE:HAL), and Schlumberger Ltd (NYSE:SLB).

NIcholas Santiago
InTheMoneyStocks.com

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Recs

0

How High Can The Euro Dollar Go?

February 23, 2012 – Comments (0) | RELATED TICKERS: FXE , EUO , EUFN

The EUR/USD (Euro Dollar) bottomed on January 13, 2012 at 1.262 from a severely oversold technical condition. Since that time, the EUR/USD has surged sharply higher and is now trading into the 1.329 level. This type of robust rebound is very common after such a steep downdraft. In fact, the EUR/USD still could have some more upside left in the tank before another major pullback takes place.

Currency traders must watch for near term daily chart resistance around the 1.339 area. This is a likely area that traders can sell short the EUR/USD, this resistance level is very strong. The fifty percent retrace level from the October 27, 2011 top to the January 2012 low will be at 1.344, this is definitely another important resistance point should the EUR/USD trade up to that level. Personally I do not expect this level to get tagged; however, you just never know for sure what the central banks will do. This morning, the EUR/USD will have intra-day support around the 1.327, 1.325, and 1.322 levels.

Some other vehicles for traders to play the EuroDollar will be to use the CurrencyShares Euro Trust (NYSEARCA:FXE), and the ProShares Ultra Short Euro ETF (NYSEARCA:EUO).

Nicholas Santiago
InTheMoneyStocks.com


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Recs

0

How High Can The Euro Dollar Go?

February 23, 2012 – Comments (0) | RELATED TICKERS: FXE , EUO , EUFN

The EUR/USD (Euro Dollar) bottomed on January 13, 2012 at 1.262 from a severely oversold technical condition. Since that time, the EUR/USD has surged sharply higher and is now trading into the 1.329 level. This type of robust rebound is very common after such a steep downdraft. In fact, the EUR/USD still could have some more upside left in the tank before another major pullback takes place.

Currency traders must watch for near term daily chart resistance around the 1.339 area. This is a likely area that traders can sell short the EUR/USD, this resistance level is very strong. The fifty percent retrace level from the October 27, 2011 top to the January 2012 low will be at 1.344, this is definitely another important resistance point should the EUR/USD trade up to that level. Personally I do not expect this level to get tagged; however, you just never know for sure what the central banks will do. This morning, the EUR/USD will have intra-day support around the 1.327, 1.325, and 1.322 levels.

Some other vehicles for traders to play the EuroDollar will be to use the CurrencyShares Euro Trust (NYSEARCA:FXE), and the ProShares Ultra Short Euro ETF (NYSEARCA:EUO).

Nicholas Santiago
InTheMoneyStocks.com


  [more]

Recs

1

Financials Could Signal There Is A Chink In The Armour

February 22, 2012 – Comments (1) | RELATED TICKERS: XLF , C , GS

The financial stocks have now lead the major stock indexes higher since late November 2011. Traders and investors that have followed the financial sector very closely know that every crisis over the past five years has been a banking crisis. Even today, the problems in the European Union are simply just more banking problems. This afternoon, the financial stocks are all trading slightly lower on the day. The popular and highly traded Financial Select Sector SPDR Fund (NYSEARCA:XLF) is trading lower by 0.17 cents to $14.60 a share. This is the first time in 2012 that the financial stocks are showing some signs of weakness. The action today is nothing to be alarmed about yet, however, it is worth noting.

Some leading financial stocks that are coming under some selling pressure include Citigroup Inc (NYSE:C), Goldman Sachs Group Inc (NYSE:GS), and Morgan Stanley (NYSE:MS). Traders must keep these stocks on the radar at all times as they have signaled rallies and corrections for years now. If the financial stocks begin to deflate it could be a sign that the 2012 stock market rally is coming to an end for a while.

Nicholas Santiago
InTheMoneyStocks.com
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Recs

0

Key Upside Silver Level To Short

February 22, 2012 – Comments (1) | RELATED TICKERS: SLV , GLD , UUP

The iShares Silver Trust (ETF) (NYSEARCA:SLV) has had a great run in 2012. Many traders are wondering when it will start to collapse back down. The key is to look at the chart. By looking at the chart you can discover key entries and exits on longs and shorts that will make you millions.

Connect the highs from 2011. Drag that line all the way down to the current time frame. That is your target on the SLV. Once the level is tagged, a short can be taken.

Gareth Soloway
InTheMoneyStocks.com
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Recs

2

Cracks In The Market Emerge, Downside Imminent

February 22, 2012 – Comments (3) | RELATED TICKERS: SPY , AAPL , QQQ

The markets are seeing red today with the SPDR S&P 500 ETF (NYSEARCA:SPY) trading at $135.86, -0.60 (-0.44%). After Greece received its second bailout over the holiday weekend, the markets have started to show major cracks. Interestingly enough, this is happening just as the retail investor is jumping back into the market. This is setting up for a sell off and pivot top of 2012. Yes, you heard it first here, we are close, if not at the highs of 2012.

The first crack must be recognized by viewing the reaction to the Greek bailout. Any positive news out of Europe since the start of the year has been met with buying. Even negative news has only sent the markets lower early in the day, then higher into the close. This positive reaction has failed in the two days of trading this week. This is a sign of a market top approaching.

Secondly, the Dow Jones Industrial Average tagged the master 13,000 level yesterday. No sooner did it tag that level, then it collapsed back down. The lack of conviction on the buy side to hold the Dow above 13,000 must be noted. In addition, the SPY 2011 high on May 2nd was $137.18. Yesterday, the SPY hit a high of $137.05 and reversed. The fact that the SPY could not even touch the 2011 highs is something to note and signals weakness.

There are other factors as well.  Dow Theory is not confirming for one. The transports are not leading along with the Dow Jones Industrial Average. This is problematic for the overall market health. Also, ever since Apple Inc. (NASDAQ:AAPL)  topped at $526.29, the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)  has not made a new high. Technology has lead this market higher and is now faltering.

As the markets top out, some great short trades start to emerge. The proprietary radar is picking up Caterpillar Inc. (NYSE:CAT) and Mastercard Inc (NYSE:MA) as two stocks that are perfect for a short. Others are available as well.

Gareth Soloway
InTheMoneyStocks.com


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Recs

0

Airline Stocks Descend As Oil Soars

February 22, 2012 – Comments (0) | RELATED TICKERS: UAL , DAL , LCC

All of the major airline stocks have been coming under some heavy selling pressure since early February 2012. The catalyst for the decline in the airlines sector has been the sharp increase in oil. Crude has been soaring higher by more than $100.00 a barrel since early February and this happens to coincide with the decline in the airline stocks. Yesterday, spot crude closed at over $106.00 a barrel, and this is a problematic number for the airline industry. All of the leading airline stocks still look to have further weakness ahead.

United Continental Holdings Inc (NYSE:UAL) is one of the largest airlines in the world. This stock has topped out on February 3, 2012 at $25.84 a share. This morning, this leading airline stock is trading lower by 0.22 cents to $21.02 a share. Traders should watch for near term daily chart support around the $19.00 area. Other airlines that still look as if they have further downside on the daily charts include Delta Air Lines Inc (NYSE:DAL), U.S. Airways Group Inc (NYSE:LCC), and Jetblue Airways Inc (NASDAQ:JBLU).

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

0

Gold Miners Are Stuck In A Ditch

February 22, 2012 – Comments (0) | RELATED TICKERS: GDX , NEM , RGLD

This morning, all of the leading gold mining stocks seem to be under some slight selling pressure. The Market Vectors Gold Miners ETF (NYSEARCA:GDX) is trading lower this morning by 0.34 cents to $55.48 a share. The daily chart for the GDX remains very range bound at this time. The GDX has made a series of lower highs since November 2011 and this is a sign of weakness. The high end of the trading range would be around the $58.00 area, the low end of the range is around the $50.00 level. Short term traders should watch for intra-day support around the $55.00, and $54.00 levels.

Some leading gold mining stocks that are declining lower today include Royal Gold Inc (NASDAQ:RGLD), Randgold Resources Ltd (NASDAQ:GOLD), and Newmont Mining Corp (NYSE:NEM). All of these stocks will usually catch a bid when the U.S. Dollar Index pulls back intra-day.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

0

Some Minor Technical Damage Done In Today's Session

February 21, 2012 – Comments (0) | RELATED TICKERS: SOHU , KLAC , LRCX

This afternoon, the major stock indexes are trading slightly lower on the trading day. Earlier today, the Dow Jones Industrial Average pierced the psychological 13,000 level. Since that high was made around the noon hour the markets have been slowly declining lower. Despite today’s shallow point decline in the major stock indexes there are still some technical sell offs worth noting.

The iShares Dow Jones Transportation ETF (NYSEARCA:IYT) is trading lower by 1.75 percent. That decline in the highly followed transportation index translates into a decline of 92.00 points in the Dow Jones Transportation Average.

Almost every seasoned trader follows the semiconductors stocks very closely. This afternoon, the leading semiconductor equipment makers are dropping sharply lower. KLA-Tencor Corp (NASDAQ:KLAC) is trading lower by $2.00 to $48.16 a share. Lam Research Corp (NASDAQ:LRCX) is another leading semiconductor equipment maker that is dropping by $1.63 to $40.35 a share. It is important to note that these stocks were market leaders in early February.

High oil and energy prices are also a major problem for these markets. How can the average person afford $4.00 gasoline. All traders know that it was high oil and energy prices that broke the stock market and the economy in 2008.

The leading Chinese ADR's are all trading lower today despite the Chinese easing their bank reserve requirements. Leading Chinese ADR's such as Baidu Inc (NASDAQ:BIDU), Sohu.com Inc (NASDAQ:SOHU), and Sina Corp (NASDAQ:SINA) have been under selling pressure for most of the day. If the Chinese economy begins to decline again this stock market rally; that started in December 2011, could be in jeopardy.

Another factor that is telling us this market could be facing headwinds soon is simply that the markets are trading lower into the close. Since December 19, 2011, the major stock indexes have usually rallied after the lunch hour. This late day decline is a small change in character from what we have been accustomed to seeing.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

1

The Must Know Stock Market Analysis Of The Day

February 21, 2012 – Comments (0) | RELATED TICKERS: SPY , AAPL , DIA

The markets are floating higher today after an agreement was reached on a second Greek bailout. This market float is the same light volume we have seen for almost two months now, no change based on the European news.  Based on the market reaction, the bailout was fully expected and priced in. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $136.80, +0.39 (+0.29%).

After options expiration ended on Friday, Apple Inc. (NASDAQ:AAPL) found itself near the $500.00 level. Always remember, institutions push key stocks to major levels like $500 on AAPL on options expiration. The reason for this?  Institutions know that a major level will have the largest amount of options at that strike, both puts and calls. Institutions make the most money when a stock closes at its strike as neither puts nor calls pay off.  The institutions walk away with the premium as pure profit. After options expiration, Apple is jumping, trading at $512.36, +10.24 (+2.04%).

The Dow Jones Industrial Average is striving to capture the 13,000 level. As of now it is just 20 points away. It is also worth to note that the technology sector is no longer leading the market. While the S&P 500 and Dow Jones Industrial Average are making new highs, the NASDAQ 100 has been stuck below the high from last Wednesday.

All in all, it is business as usual with this market. Light volume continues to propel the market slightly higher each and every day.

Gareth Soloway
InTheMoneyStocks.com

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Recs

2

Gold Rush

February 21, 2012 – Comments (0) | RELATED TICKERS: GLD , AGQ , IAU

This morning, the precious metals are trading sharply higher. The catalyst for the advance in gold, and silver is the weaker U.S. Dollar Index, and the pledge by central banks to keep easy money available. Last night, the People Bank of China (Chinese central bank) cut reserve requirements for lenders. This is just another example of easy credit. All of these similar actions by the central banks around the world are inflationary and that is exactly what gold and most other precious metals are saying to us today.

This morning, the SPDR Gold Shares (NYSEARCA:GLD) is trading higher by $3.25 to $170.60 a share. Other precious metal ETF's that are trading higher today include ProShares Ultra Silver ETF (NYSEARCA:AGQ), Central Fund of Canada Limited (NYSEAMEX:CEF), and the iShares Gold Trust ETF (NYSEARCA:IAU). Traders and investors should continue to follow the U.S. Dollar Index as a weaker dollar will usually inflate these equities higher.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

1

Gasoline On Fire

February 21, 2012 – Comments (0) | RELATED TICKERS: UHN , USO , UGA

This morning, the United States Gasoline Fund (NYSEARCA:UGA) is trading higher by 0.45 cents to $55.50 a share. This tells us that gasoline prices at the pump are going to be higher if you have not noticed already. The average price for a gallon of regular gasoline in the United States is $3.57 according to AAA. High gasoline prices are a direct tax on the U.S. consumer. It is always important to remember that consumer spending accounts for roughly 70.0 percent of the gross domestic product in the United States. Short term traders should watch for intra-day resistance on the UGA around the $56.00 level.

Some other oil and energy ETF's that are trading higher this morning include the United States Oil Fund (NYSEARCA:USO), iPath S&P GSCI Crude Oil Total Return (NYSEARCA:OIL), and the United States Heating Oil Fund, LP. (NYSEARCA:UHN). Traders and investors must remember that high energy prices have always come back to hurt the stock markets. These energy vehicles will usually trade inverse to the U.S. Dollar Index.
 
Nicholas Santiago
InTheMoneyStocks.com

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Recs

0

Chinese Internet Stocks Are The Weak Link Today

February 17, 2012 – Comments (0) | RELATED TICKERS: BIDU , SOHU , SINA

This morning, all of the leading Chinese internet stocks are declining lower. Baidu Inc (NASDAQ:BIDU) is considered the leading Chinese ADR in the market. Today, BIDU stock is trading lower by $2.83 a share. Short term traders should watch for intra-day support around the $137.00, and $135.00 levels. The daily chart is holding up fine for BIDU at the moment.

Some other leading Chinese internet stocks that are declining lower this morning include Netease.com Inc (NASDAQ:NTES), Sina Corp (NASDAQ:SINA), and Sohu Corp (NASDAQ:SOHU). All of these stocks have different daily charts, however, these stocks will often follow BIDU closely intra-day.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

0

Chinese Internet Stocks Are The Weak Link Today

February 17, 2012 – Comments (0) | RELATED TICKERS: BIDU , SOHU , SINA

This morning, all of the leading Chinese internet stocks are declining lower. Baidu Inc (NASDAQ:BIDU) is considered the leading Chinese ADR in the market. Today, BIDU stock is trading lower by $2.83 a share. Short term traders should watch for intra-day support around the $137.00, and $135.00 levels. The daily chart is holding up fine for BIDU at the moment.

Some other leading Chinese internet stocks that are declining lower this morning include Netease.com Inc (NASDAQ:NTES), Sina Corp (NASDAQ:SINA), and Sohu Corp (NASDAQ:SOHU). All of these stocks have different daily charts, however, these stocks will often follow BIDU closely intra-day.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

2

Markets Advance As Options Ex Whips Continue

February 16, 2012 – Comments (0) | RELATED TICKERS: AAPL , SPY , DIA

This has been a classic options expiration week. Options expiration is known for whipping up and down, taking money from call and put holders. After weeks of a market that just floated higher, this week saw major up and down moves. Even the epic stock Apple Inc. (NASDAQ:AAPL) has seen a massive rise and fall this week.

After a mega reversal yesterday, the markets are moving higher once again. The SPDR S&P 500 ETF (NYSEARCA:SPY)  is trading at $135.48, +0.94 (+0.70%). Investors got some positive economic news this morning in the United States and Europe continues to hold up well. Light volume buyers are lifting the markets towards their double top highs from yesterday.

The master cycle date has not arrived. This is why the markets have not dumped out in a major way. Sure, down days will occur here and there but the multiple big drops will wait until the InTheMoneyStocks cycle date arrives. Even without the cycle date, there is still money to be made. InTheMoneyStocks members were alerted to short Apple yesterday at $514.26. Today, they covered the first half at $489.26 for a $25.00 profit. They will hold the second half with a break even stop. Another profitable trade based on master calculations and levels.

Gareth Soloway
InTheMoneyStocks.com
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Recs

0

Semiconductors Keep Nasdaq In the Green

February 16, 2012 – Comments (0) | RELATED TICKERS: SMH , KLAC , ARMH

This morning, the big three leading technology stocks are all trading lower. They are Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN), and Google Inc (NASDAQ:GOOG). These three stocks will usually dominate the action in the NASDAQ Composite and the NASDAQ 100 Index, however, today it is the semiconductor stocks that are keeping the tech heavy index in the green. The Market Vectors Semiconductor ETF (NYSEARCA:SMH) is trading higher by 0.30 cents to $34.79 a share. Short term traders can watch for intra-day resistance on the SMH around the $34.85, and $35.05 levels. The daily chart for the SMH continues to hold up well.

Some leading semiconductor stocks that are trading higher this morning include Broadcom Corp (NASDAQ:BRCM), ARM Holdings plc (NASDAQ:ARMH), and KLA-Tencor Corp (NASDAQ:KLAC). Traders should remember that the semiconductor stocks will often lead the NASDAQ Composite higher and lower.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

0

Retail Stocks Hold Steady So Far

February 16, 2012 – Comments (0) | RELATED TICKERS: RTH , HD , WMT

This morning, the retail sector is showing some strength. The popular Market Vectors Retail ETF (NYSEARCA:RTH) is trading higher by 0.06 cents to $39.50 a share. Traders can watch for intra-day resistance around the $39.58, and $39.70 levels. The daily chart remains strong and in an uptrend at this time. When the retail stocks hold up and trade higher this is a sign of consumer spending. It is important to note that consumer spending accounts for roughly 70.0 percent of the gross domestic product (GDP) in the United States.

Some leading retail stocks that are rallying higher this morning include Home Depot Inc (NYSE:HD), Lululemon Athletica inc (NASDAQ:LULU), WalMart Stores inc (NYSE:WMT), and Costco Wholesale Corp (NASDAQ:COST). The daily charts in all of these stocks are holding up fine at the moment.

Nicholas Santiago
InTheMoneyStocks.com


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Recs

0

Tata Motors At Major Resistance Plus Topping Tail

February 15, 2012 – Comments (0) | RELATED TICKERS: TTM

Tata Motors Limited (NYSE:TTM) has had an epic move higher since the new year. On the last trading day of 2011, Tata Motors closed at $16.90. The high of today was $28.74. When finding a good short opportunity, a pro trader must look at the daily chart and find the best resistance point. This level is clearly between $28.75 and $29.00. In other words, this level has been tagged as of today. In addition, there is a topping tail forming on the daily chart. A topping tail is a great short signal.

Gareth Soloway
InTheMoneyStocks.com

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Recs

1

Stocks Market Drunk Off Apple Schnapps

February 15, 2012 – Comments (0) | RELATED TICKERS: AAPL , JPM , XOM

The S&P 500 and NASDAQ continue to push higher, even with weakness in many leading stocks. This push higher is a result of the market being drunk, euphoric over the continued major pop in Apple Inc. (NASDAQ:AAPL) . The leading technology stock is trading at $524.42, +14.96 (2.94%) and makes up a huge percentage of the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ). Its weighting inside the NASDAQ 100 means it can carry the index higher itself.  To put it in even more of a crazy perspective, the last day of 2011, AAPL closed at $405.00. The high of the day today is $525.32. That is a whopping 2012 gain of 29.71%.

While Apple continues to rip higher and keeps the markets higher, it is even more insane to look at other leading stocks fall. For instance, JPMorgan Chase & Co.(NYSE:JPM)  is trading at $37.91, -0.01 (-0.03%), Exxon Mobil Corporation (NYSE:XOM) is trading at $84.29, -0.38 (-0.45%). Even technology big boy Amazon.com, Inc. (NASDAQ:AMZN) is trading at $191.00, -0.30 (-0.16%).

The fact that the other leading stocks in the market are flat to lower truly shows the power of Apple Inc. While extremely extended, the push continues. According to what Wall Street is seeing, when Apple pulls back, the whole market will pull back.

Gareth Soloway
InTheMoneyStocks.com
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Recs

0

Coal Stocks Still Have Little Spark

February 15, 2012 – Comments (0) | RELATED TICKERS: KOL , BTU , ANR

The coal sector has severely underperformed the major stock averages and the overall energy sector. This morning, the major coal stocks are trading in positive territory, however, they remain weak on the daily charts. The Market Vectors Coal ETF (NYSEARCA:KOL) is trading higher by 0.27 cents to $35.33 a share. KOL will have intra-day resistance around the $35.60, and $36.00 levels. Should KOL decline intra-day the ETF will have support around the $35.00, and $34.30 levels. The daily chart for KOL remains weak and will have daily chart support around the $32.90 level.

Some leading coal stocks that remain weak on the daily chart include Peabody Energy Corp (NYSE:BTU), Alpha Natural Resources Inc (NYSE:ANR), and Arch Coal Inc (NYSE:ACI). It is likely that the metallurgical coal divisions have been slowing down for these companies. It is metallurgical coal that is used to make steel and other industrial products.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

1

Beware of Whipsaw Wednesday

February 15, 2012 – Comments (0) | RELATED TICKERS: GMCR , FSLR , NFLX

The Wednesday before options expiration is usually the most volatile trading session of the week. We call this trading day 'Whipsaw Wednesday' as the action will usually be very erratic. This is a time when the large institutional traders will try and shake out the small retail options traders that is playing the near term expiration. As it goes in life, the big fish will most often eat the little fish, it is no different in the stock market during the week of options expiration.

Traders must always be cautious when trading many of the popular stocks. Stocks such as Apple Inc (NASDAQ:AAPL), Amazon.com Inc (NASDAQ:AMZN), Netflix Inc (NASDAQ:NFLX), and Wynn Resorts Ltd (NASDAQ:WYNN), First Solar Inc (NASDAQ:FSLR), and Green Mountain Coffee Roasters Inc (NASDAQ:GMCR) are just a few stocks that will be candidates for extreme volatility this week. The major stock indexes could also be very volatile today. Traders should not be surprised if they hear endless rumors about stocks, or possible geopolitical events around the world into the closing bell. The big institutions have an agenda to make sure the small retail options trader winds up with worthless options by Friday.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

2

Is This The First Real Decline, Or Options Ex Game Playing?

February 14, 2012 – Comments (0) | RELATED TICKERS: DIA , AMZN , NFLX

The major stock indexes are finally declining lower. Since December 19, 2011 the markets have rallied higher. Lately, every intra-day pullback was being bought by investors and traders. Many people are now calling this a market top, however, one day does not make a trend. These market were severely overbought and extended, therefore, a pullback or decline was certainly overdue.

This coming Friday is also options expiration. There were many small retail investors that were buying call options near the recent highs in the market. Rarely if ever, will the institutional money ever allow the small retain options traders to collect a gain in the near term call options. Traders and investors must not make too much out of today's pullback. After all, the trading volume that has lacked conviction on the upside is also lacking the conviction on the downside today. The trading volume on the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) is just 4.05 million shares as of 3:30 pm EST.

Many leading stocks will often experience erratic action during the trading week leading up to Friday's option expiration. Just look at the action in popular stocks such as Amazon.com Inc (NASDAQ:AMZN), Google Inc (NASDAQ:GOOG), Netflix Inc (NASDAQ:NFLX), and CF Industries Holdings Inc (NYSE:CF). Traders and investors should expect the crazy action to last into the end of the week.

Nicholas Santiago
InTheMoneyStocks.com
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Recs

1

Priceline.com Inc Puts In Topping Tail

February 14, 2012 – Comments (0) | RELATED TICKERS: PCLN

Priceline.com Inc (NASDAQ:PCLN) is forming a topping tail on the daily chart. This is a bearish signal of a coming decline in the stock price near term. Today, the stock hit a high of $588.56 and is currently trading at $573.55, +2.40 (+0.42%). Just in 2012, the stock has gone from $467.00 to the high of today at $588.56. This is a move of 26%. Based on the current chart, a pull back is on the horizon. First support would be at $547.00.

Gareth Soloway
InTheMoneyStocks.com

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Recs

0

Financial Stocks Dip Early, Will The Decline Last?

February 14, 2012 – Comments (0) | RELATED TICKERS: JPM , GS , C

The financial stocks have been very strong since December 19, 2011. J.P. Morgan Chase & Co (NYSE:JPM) is the leading financial stock in the market. This morning, JPM stock is declining lower by 0.43 to $37.86 a share. Nearly everyday, the financial stock will trade right along with the SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA). This leading sector will normally decline in the early part of the trading session and rally back in the second half of the day. Traders can watch for intra-day support on JPM around the $37.60, and $36.85 levels.

Other leading financial stocks that are coming under early selling pressure include Goldman Sachs Group Inc (NYSE:GS), Citigroup Inc (NYSE:C), and Deutsche Bank AG (NYSE:DB). These financial stocks have lead the major stock indexes higher and lower over the past five years. Traders must remember that every crisis since 2007 has been a banking crisis.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

0

High Gasoline Prices Will Come Back To Haunt Us

February 14, 2012 – Comments (0) | RELATED TICKERS: UHN , USO , OIL

While many people are rejoicing over the recent inflation rally they may want to look at the price of gasoline. The United States Gasoline Fund (NYSEARCA:UGA) has surged higher with the stock market since December 19, 2011. At that time, the UGA was trading as low as $45.17 a share. This morning, the UGA is trading at $54.53 a share. That is a gain of $9.36 a share in just eight weeks. The average price for regular unleaded gasoline at the pump is now $3.51 a gallon in the United States. Prices in California and other parts of the country are around the $4.00 a gallon level.

High gasoline prices are a direct tax on the U.S. consumer. U.S. consumer spending accounts for roughly 70.0 percent of the gross domestic product (GDP) in the United States. If this inflation rally is going to last a while it will require the U.S. consumer to continue to spend more money. Unfortunately, high gasoline prices will usually put a crimp in personal spending. High gasoline prices have usually led to important stock market pullbacks and corrections. Just look at what high gasoline prices did to the economy in 2008.

The United States heating Oil Fund (NYSEARCA:UHN) has also been on the rise as of late. The UNH has surged higher since December 19, 2011 as well. Once again, these high energy prices are the product of a weak U.S. Dollar policy. Unfortunately, this policy will come back to haunt us in one form or another.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

0

Once Again It Is Groundhog Day In The Markets

February 13, 2012 – Comments (0) | RELATED TICKERS: SPY , DIA , VXX

Once again, the major stock indexes rallied higher after a quick decline in the first hour of the trading session. This same pattern seems to be repeating nearly every trading day since late December 2011. Many traders and investors are now looking for this pattern to occur on a daily basis before the noon hour.

The trading volume on all of the major stock indexes remains extremely light and this will usually favor the upside in the stock market. This afternoon, the SPDR S&P 500 Trust (NYSEARCA:SPY) is trading just 88 million shares as of 3:20 pm EST. In early December 2011, the daily average volume on the SPY was around 230 million shares a day.  

Nicholas Santiago
InTheMoneyStocks.com

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Recs

1

Once Again It Is Groundhog Day In The Markets

February 13, 2012 – Comments (0) | RELATED TICKERS: SPY , DIA , VXX

Once again, the major stock indexes rallied higher after a quick decline in the first hour of the trading session. This same pattern seems to be repeating nearly every trading day since late December 2011. Many traders and investors are now looking for this pattern to occur on a daily basis before the noon hour.

The trading volume on all of the major stock indexes remains extremely light and this will usually favor the upside in the stock market. This afternoon, the SPDR S&P 500 Trust (NYSEARCA:SPY) is trading just 88 million shares as of 3:20 pm EST. In early December 2011, the daily average volume on the SPY was around 230 million shares a day.  

Nicholas Santiago
InTheMoneyStocks.com

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Recs

0

FOREX Trading: Here Is Your Game Plan

February 13, 2012 – Comments (0) | RELATED TICKERS: FXS , FXC , FXA

All markets seem to be dominated by the action in the U.S. Dollar and the other major currencies around the globe. The foreign exchange markets (FOREX) are now the most heavily traded markets in the world and they continue to grow in popularity everyday. In this week's report we will examine three currencies besides the U.S. Dollar that can move markets at any given time.

The CurrencyShares Swedish Krona Trust (NYSEARCA:FXS) seeks to reflect the price in U.S. Dollars of the Swedish Krona. The FXS has been soaring higher since January 13, 2012 when it traded as low as $141.44 a share. Last week, the FXS traded as high as $150.07 a share which is near term resistance. Should the FXS trade above the recent high the next resistance level will be at the $153.75 area. Last Friday, the FXS pulled back closing at $148.98 a share. Should the FXS pullback further from current levels traders can find short term support around the $146.75, $144.75, and $143.50.  Place these levels on your charts, trade them accordingly.





The CurrencyShares Canadian Dollar Trust (NYSEARCA:FXC) seeks to reflect the price of the Canadian Dollar. The FXC has struggled to climb above the $100.00 level. It is important to note that the FXC is still trading below its October 27, 2011 pivot high of $100.52 a share. This ETF will often reflect the action in many of the base metals as Canada is a commodity rich nation. Should the FXC trade higher there will be near term resistance around the $101.00, and $103.50 levels. If the FXC pulls back from its current level traders should watch for near term support around the $98.00, and $97.00 levels.




The CurrencyShares Australian Dollar Trust (NYSEARCA:FXA) is another ETF that will often follow the trend of the base metals. The Australian economy is very much like the Canadian economy in that respect. Last week, this important ETF closed at $106.71 a share. Traders can watch for near term support around the $105.50, $104.00, and $102.50 levels. Should the FXA rally from current levels trader must watch for resistance around the $110.00 and $114.00 levels. Take careful note of these levels, understand what moves the currencies and profit from the relationship.


Nicholas Santiago
InTheMoneyStocks.com  [more]

Recs

0

Prime Time Analysis On The Daily Market Situation

February 13, 2012 – Comments (0) | RELATED TICKERS: SPY , AAPL , SMH

The markets are slightly higher today after Greece approved tough austerity measures over the weekend. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $135.03, +0.60 (0.45%). As riots in Greece continue, the markets rejoice. For now, the European Union has been saved.

Many argue that Greece should drop out of the Euro or that Greece is too small to matter. This is a nonsensical argument and those making it have no sense whatsoever. It has nothing to do with Greece being large or small. It is more about the precedence that dropping out would send to other troubled Euro countries like Italy, Spain and Portugal. If one domino falls, they all may fall. In any case, the markets are slightly higher as the austerity measures passed and the markets breath a sigh of relief.

There are some key stocks moving today. First, Apple Inc. (NASDAQ:AAPL) hit a high of $503.83. This marks the first time Apple has gone through this psychological even number. The chart is extremely extended and a pull back is likely in the near term now that the $500 level has been achieved.

Technology is mostly higher but for semiconductors. The Merrill Lynch Semiconductors HOLDRS ETF (NYSEARCA:SMH) is trading at $34.04, -0.13 (-0.38%). This is in contrast to the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)  which is trading at $62.94, +0.47 (+0.75%). When the semi's lag, it is often a sign that a top is near. Watch this divergence closely.

Volume is once again insanely light in the market. The same pattern that has played out over the last six weeks is playing out again. Early sell when volume is decent then once volume dries up, the markets float higher. Today is no difference in that respect.

Gareth Soloway
InTheMoneyStocks.com

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Recs

0

Energy Stocks Lose Early Steam

February 13, 2012 – Comments (0) | RELATED TICKERS: XOM , COP , CVX

This morning, the leading integrated energy stocks have pulled back from the opening highs. Traders must remember that the energy sector accounts for roughly 15.0 percent of the S&P 500 Index. The leading energy stock in the world is Exxon Mobil Corp (NYSE:XOM). This stock was trading as high as $84.50 just after the opening bell rang at the New York Stock Exchange. The stock is now trading higher by just 0.24 cents to $84.04 a share. XOM stock will have intra-day support around the $83.75, and $83.00 levels.

Other leading integrated energy stocks that have pulled back from the morning highs include Chevron Corp (NYSE:CVX), ConocoPhillips (NYSE:COP), and BP plc (NYSE:BP). When these leading energy stocks decline they will often cause the Dow Jones Industrial Average, S&P 500 Index, and most of the other important energy stocks to trade lower.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

0

Options Expiration Week, Let The Games Begin

February 13, 2012 – Comments (0) | RELATED TICKERS: AAPL , NFLX , GMCR

On February 17, 2012, it will be options expiration. The days leading up to the actual expiration will usually make for a lot of volatility in many of the popular and highly traded stocks. Traders and investors must understand that this week is notorious for rumors and game playing by the large financial institutions. You see, it is the institutions that move market indexes and stocks, it is not the individual at home with an online account that cause the popular stocks to rally or decline. This is a week when traders will see a lot of choppy action in stocks such as Apple Inc (NASDAQ:AAPL), Netflix Inc (NASDAQ:NFLX), Green Mountain Coffee Roasters inc (NASDAQ:GMCR), Amazon.com Inc (NASDAQ:AMZN) and many others popular equities.

If there are too many small retail options traders owning calls or puts at a popular strike price the large institutions will usually drive the price away from that level. It is important to remember that the large institutions have enough capital on hand to move stocks anyway that they see fit to make a profit. One of the worse mistakes that a small retail options trader can make is that they will buy options that are expiring at the end of the week. The institutions also know that the the small retail options trader will normally try and capture a gain in the premium paid and will rarely want to take possession of the stock. Most small retail options traders do not have the capital to buy the stock and the option trade is a cheaper way for them to play the market. Once again, the institutions know this and will capitalize by moving the stock away from the popular strike price. This game happens every month by the large institutions.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

1

Options Expiration Week, Let The Games Begin

February 13, 2012 – Comments (1) | RELATED TICKERS: AAPL , NFLX , GMCR

On February 17, 2012, it will be options expiration. The days leading up to the actual expiration will usually make for a lot of volatility in many of the popular and highly traded stocks. Traders and investors must understand that this week is notorious for rumors and game playing by the large financial institutions. You see, it is the institutions that move market indexes and stocks, it is not the individual at home with an online account that cause the popular stocks to rally or decline. This is a week when traders will see a lot of choppy action in stocks such as Apple Inc (NASDAQ:AAPL), Netflix Inc (NASDAQ:NFLX), Green Mountain Coffee Roasters inc (NASDAQ:GMCR), Amazon.com Inc (NASDAQ:AMZN) and many others popular equities.

If there are too many small retail options traders owning calls or puts at a popular strike price the large institutions will usually drive the price away from that level. It is important to remember that the large institutions have enough capital on hand to move stocks anyway that they see fit to make a profit. One of the worse mistakes that a small retail options trader can make is that they will buy options that are expiring at the end of the week. The institutions also know that the the small retail options trader will normally try and capture a gain in the premium paid and will rarely want to take possession of the stock. Most small retail options traders do not have the capital to buy the stock and the option trade is a cheaper way for them to play the market. Once again, the institutions know this and will capitalize by moving the stock away from the popular strike price. This game happens every month by the large institutions.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

1

Transports Head South

February 10, 2012 – Comments (0) | RELATED TICKERS: IYT , FDX , UPS

This morning, the important transportation sector is declining sharply lower. The iShares Dow Jones Transportation Index (NYSEARCA:IYT) is trading down by $1.41 to $$93.40 a share. This index is followed by many institutional traders as a leading indicator. When the transports decline it is a sign of economic weakness and contraction. The opposite is true when the transports advance, it is viewed as a sign of economic expansion and growth. Traders can watch for intra-day support on the ITY around the $93.00, and $91.70 levels.

Some leading transport stocks that are retreating lower today include FedEx Corp (NYSE:FDX), Union Pacific Corp (NYSE:UNP), and United Parcel Service Inc (NYSE:UPS). All of these stocks still remain strong on the daily charts, therefore, this simply looks like a normal pullback at this time.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

1

ConocoPhillips Bucks The Morning Trend

February 10, 2012 – Comments (0) | RELATED TICKERS: XOM , COP , CVX

Conocophillips (NYSE:COP) is one of the world's leading integrated energy stocks. This morning, the stock is trading higher by 0.50 cents to $72.05 a share. COP stock is trading higher despite the sharp early morning sell off in most other energy stocks. This early move in COP tells us that the stock has intra-day relative strength. If the major stock indexes do bounce higher at some point today this stock could lead the markets higher. Short term traders must watch for intra-day resistance around the $72.50 and $73.00 levels.

Other leading energy stocks that are declining lower this morning include Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), and BP plc (NYSE:BP). Traders should watch the U.S. Dollar Index very closely today as these stocks will often bounce when the U.S. Dollar declines.

Nicholas Santiago
InTheMoneyStocks.com

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Recs

3

Groundhod Day Again And Again

February 09, 2012 – Comments (0) | RELATED TICKERS: SPY , DIA , VXX

Yesterday, we wrote about the major stock indexes declining in the first half of the trading session only to bounce higher throughout the afternoon. Well, it happened again today. The same exact pattern repeats nearly every trading day since mid-December.

 The trading volume in the SPDR S&P 500 Trust (NYSEARCA:SPY), and the SPDR Dow Jones Industrial Average (NYSEARCA:DIA) remains extremely light. The light volume will generally favor the upside as there are simply no institutional sellers to take the market lower. Traders must enjoy this inflation rally while it lasts.

Nicholas Santiago
InTheMoneyStocks.com
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Recs

1

Attempted Market Break Down Is Foiled Again

February 09, 2012 – Comments (0) | RELATED TICKERS: SPY , AAPL , JPM

There is a key trend line on the SPDR S&P 500 ETF (NYSEARCA:SPY) stretching from January 31st, to the low of yesterday. This line has been hit multiple times between these two points and has bounced each and every time. Again, the market hammered this line twice in the morning session of trading today. Each time the 10 minute candle on the SPY closed below. As traders were set to pounce, the market spiked higher, negative the close. Each time the markets got below this major trend line, a buy program of epic proportions hit the market. Simply put, computer programs have been set up by institutions in league with the Federal Reserve to keep the markets from breaking this line. It is scary to think of the stock market as being so heavily manipulated. However, watching it trade over the last six weeks leaves little doubt.

As the markets are back in the green, Apple Inc. (NASDAQ:AAPL) is heading towards the major $500 level. It is currently trading at $495.73, +19.05 (+4.00%).

On the opposite side, banks are weak with JPMorgan Chase & Co. (NYSE:JPM) and Goldman Sachs Group, Inc.(NYSE:GS) both negative. The financial stocks lagging does usually send up a caution signal but with the powers that be backing this market, shorting is not smart.

Gareth Soloway
InTheMoneyStocks.com


  [more]

Recs

0

Base Metal Stocks Struggle Early

February 09, 2012 – Comments (0) | RELATED TICKERS: RIO , SCCO , BHP

Many of the leading base metal producing stocks are struggling to catch a bid this morning. Rio Tinto Plc (NYSE:RIO) is a leading stock in the base metals and materials sector that is coming under some early selling pressure. This market leader is declining by $1.31 to $60.22 a share. The decline in this market leader comes despite a strong copper, gold, and silver market today. RIO will have short term intra-day support around the $60.00 and $58.75 levels.

Some other leading base metal stocks that are declining lower this morning include BHP Billiton Ltd (NYSE:BHP), Vale S A (NYSE:VALE), and Southern Copper Corp (NYSE:SCCO). Traders should watch the U.S. Dollar Index closely as these stock will usually catch a bid when the U.S. Dollar declines.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

0

Cloud Stocks Reaching A Short Term Ceiling

February 09, 2012 – Comments (1) | RELATED TICKERS: RAX , CTXS , ARUN

All of the cloud computing stocks are trading higher again this morning. Earlier today, Oracle Corp (NASDAQ:ORCL) purchased Taleo Corp (NASDAQ:TLEO) for $1.9 billion. This deal is certainly helping many of the leading cloud computing stocks to trade higher today.

Leading cloud stocks such as Rackspace Hosting Inc (NYSE:RAX), Citrix Systems Inc (NASDAQ:CTXS), and Aruba Networks Inc (NASDAQ:ARUN) are all approaching daily chart resistance levels. All of these stocks remain very strong on the charts by trading above the major daily chart moving averages. This tells technical traders that a pullback or some consolidation is likely to occur soon before these stocks can trade higher. Short term traders can watch for intra-day support on RAX around the $48.95, and $48.00 levels.

Nicholas Santiago
InTheMoneyStocks.com
  [more]

Recs

1

Everyday Is Groundhog Day

February 08, 2012 – Comments (0) | RELATED TICKERS: SPY , DIA , VXX

Once again, the major stock indexes have found a low by the noon hour and then floated higher into the afternoon. Nearly everyday we see the same pattern repeat over and over. The trading volume remains extremely light which generally favors the upside in the stock market. Traders must remember the old market adage that states, never short a dull market. The words light volume can be substituted for dull. Since December 19, 2011 the average volume in the SPDR S&P 500 Trust (NYSEARCA:SPY) is around 120 million shares a day. The three month average volume in the SPY is around 210 million shares. It is easy to see what a dull market this really is at this time.

Traders must continue to watch and follow the U.S. Dollar Index Index very closely. When the U.S. Dollar dips the major stock indexes flips higher;. the opposite is also true when the U.S. Dollar Index rallies. This is exactly what we have seen today and nearly everyday since mid-December. Everyday is Groundhog Day in this market.

Nicholas Santiago
InTheMoneyStocks.com
  [more]

Recs

0

Everyday Is Groundhog Day

February 08, 2012 – Comments (0) | RELATED TICKERS: SPY , DIA , VXX

Once again, the major stock indexes have found a low by the noon hour and then floated higher into the afternoon. Nearly everyday we see the same pattern repeat over and over. The trading volume remains extremely light which generally favors the upside in the stock market. Traders must remember the old market adage that states, never short a dull market. The words light volume can be substituted for dull. Since December 19, 2011 the average volume in the SPDR S&P 500 Trust (NYSEARCA:SPY) is around 120 million shares a day. The three month average volume in the SPY is around 210 million shares. It is easy to see what a dull market this really is at this time.

Traders must continue to watch and follow the U.S. Dollar Index Index very closely. When the U.S. Dollar dips the major stock indexes flips higher;. the opposite is also true when the U.S. Dollar Index rallies. This is exactly what we have seen today and nearly everyday since mid-December. Everyday is Groundhog Day in this market.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

2

Chinese Stocks Heat Up

February 08, 2012 – Comments (0) | RELATED TICKERS: TSL , JASO , STPFQ

Chinese stocks are flourishing today after the Shanghai Index jumped to 2347.53, +57.04(+2.43%). This pop set the China solar stocks on fire with Trina Solar Limited (ADR) (NYSE:TSL) trading at $9.00, +0.80 (+9.76%). Others like JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) and Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) are also having a big day.

Some Chinese small caps are still at or near their 52 week lows despite the market rally in January 2012. These are catching fire. Sino Clean Energy Inc. (NASDAQ:SCEI) is surging today, trading at $1.44, +0.09 (+6.67%).

The key is to look for Chinese stocks that are still trading at or near their chart lows. These may be the next explosive movers. There are not many stocks that are still cheap in this market, and speculative money is searching for the next big mover. Any small cap trading near its lows is a candidate, especially Chinese plays.

Gareth Soloway
InTheMoneyStocks.com

  [more]

Recs

1

Key Stock Trading Analysis

February 08, 2012 – Comments (0) | RELATED TICKERS: SPY , BAC , AAPL

The markets are hovering slightly lower on the trading day. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $134.58, -0.21 (-0.16%). While the markets remain overbought, the free money policy of the Federal Reserve and light volume propping has created the best start in 25 years in the market. The scary aspect of this is that the rocket will eventually run out of fuel and fall to earth quickly. The question is simply when?

Bank of America Corp (NYSE:BAC) hit the daily 200 moving average today at $8.09. It now looks like it could pull back. The chart is extended with the market and upside potential is limited short term.

Apple Inc. (NASDAQ:AAPL) continues to plow higher. It is trading at $472.10, +3.27 (+0.70%). This stock continues to be the leader in the technology sector, following amazing earnings. If you are looking for a short, it is wise to look in other places until Apple at least hits $500 a share.

Semiconductors continue their trek higher. However, major resistance on the Merrill Lynch Semiconductors HOLDRS ETF (NYSEARCA:SMH) is coming into play. Look at the $35.25 as a short term top and shorting opportunity if hit. Stocks like Intel Corporation (NASDAQ:INTC)  remain dramatically extended.

As the market continues to float, preparation must be made for the next big move.

Gareth Soloway
InTheMoneyStocks.com


  [more]

Recs

1

Joy Global Could Be Telling Us Something

February 08, 2012 – Comments (1) | RELATED TICKERS: JOY , BHP , CAT

Joy Global Inc (NYSE:JOY) is a leading manufacturer of mining and farming equipment. The stock has been selling off over the past two trading sessions. This morning, JOY stock is declining lower by $2.00 to $90.70 a share. When a market leader such as JOY stock declines it could be telling us that the mining business is beginning to slow down. BHP Billiton Ltd (NYSE:BHP) is also trading lower today by $1.15 to $80.62 a share. Earlier today. BHP reported earnings and guided slightly lower in 2012. It is important to note that mining and mining equipment related companies have lead the markets higher recently.

Leading mining and farm equipment manufacturers such as Caterpillar Inc (NYSE:CAT), Deere & Co (NYSE:DE), and Tractor Supply Co (NYSE:TSCO) are all trading lower. If the mining and mining equipment sectors starts to rollover it could tell us that the recent stock market rally is coming to an end.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

0

Agriculture Stocks Send Mixed Signals

February 08, 2012 – Comments (0) | RELATED TICKERS: MOO , POT , CF

This morning, the leading agriculture stocks are all trading higher to start the day. The Market Vectors Agribusiness ETF (NYSEARCA:MOO) is trading higher by 0.46 cents to $53.34 a share. The MOO is trading above all of the major daily chart moving averages which puts the stock in a strong technical position. Traders must recognize that the MOO is now getting a little extended and overbought. This tells us that a pullback or consolidation could be in the cards soon for the agriculture ETF. Short term traders can watch for intra-day resistance around the $53.50, and $54.00 levels.

Other leading agriculture stocks that are trading higher today include Potash Corp Sask Inc (NYSE:POT), Agrium Inc (NYSE:AGU), and CF Industries Inc (NYSE:CF). All of these stocks remain very strong on the daily charts. These stocks are now getting short term overbought and may need to pullback or consolidate soon.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

1

The Inverse Trade Works Again

February 07, 2012 – Comments (0) | RELATED TICKERS: SPY , DIA , SSO

Once again, the inverse relationship between the U.S. Dollar Index and the major stock indexes works. This morning, the U.S. Dollar Index futures started the day higher and then just plummeted before the opening bell. This same pattern played out yesterday and the nearly everyday before that. Many traders are now looking for the early decline in the SPDR S&P 500 Index ETF (NYSE:SPY), or the SPDR Dow Jones Industrial Average (NYSE:DIA) as a buying opportunity for the day. Earlier today before the open, I alerted traders to look for a decline in the U.S. Dollar Index once the opening bell rang at the New York Stock Exchange. That is exactly what happened, and this is the catalyst for the rally in the major stock indexes.

The weak U.S. Dollar Index has helped to lift the United States Oil Fund (NYSEARCA:USO), SPDR Gold Shares (NYSEARCA:GLD), and the United States Gasoline Fund (NYSEARCA:UGA). Many of the leading energy stocks will also trade higher when the U.S. Dollar Index plummets lower. Leading integrated energy stocks such as Exxon Mobil Corp (NYSE:XOM), and ConocoPhillips (NYSE:COP) caught a strong bid higher intra-day when the U.S. Dollar sold off. Traders should continue to look for pattern until it fails.

Nicholas Santiago
InTheMoneyStocks.com
  [more]

Recs

1

Stock Market Update

February 07, 2012 – Comments (0) | RELATED TICKERS: GS , AAPL

The markets continue their float neutral to higher as optimism remains high. Positive news from Greece is helping the Euro pop. The stronger Euro is pushing the Dollar lower, which in turn is helping the markets continue their multi month rally.

Banks are slightly weaker on the day with Goldman Sachs Group, Inc. (NYSE:GS) trading at $116.34, -1.05 (-0.89%). On the other hand, leading technology player Apple Inc. (NASDAQ:AAPL)  is trading at $468.61, +4.64 (+1.00%).

The bottom line remains, as long as volume is light and the Federal Reserve continues its free money policy, further upside is likely

Gareth Soloway
InTheMoneyStocks.com
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Recs

3

Manipulated Market: A Tale Of The Federal Reserve

February 07, 2012 – Comments (0) | RELATED TICKERS: SPY , DIA , UUP

Sometimes it is scary to see manipulation in full swing in the stock market. Actually, it is always scary to think such blatant manipulation can occur and by the leading powers in the "free" world. Let's set the stage. The markets opened slightly lower. No big deal here. They slowly inched lower on light volume, heading for the master support of $133.80 on the SPDR S&P 500 ETF (NYSEARCA:SPY). This level was the gap window from Friday and had also touched yesterday. Simply put, it is key support.

As the markets traded towards that level, any intelligent trader knows this is the level that will either be held or broken. A break means further downside and a possible market correction. Intra day, the SPY trades to the level around 10am ET. This is where things get fishy in multiple ways.

At this moment in time, three factors come together to save the day. During the last sixty seconds of the ten minute candle, someone or something pushes the market back above the gap window support of $133.80, At the very same time, Bernanke steps to the podium to give a speech and finally, the Dollar starts to collapse. The Dollar dropping always pushes the markets higher as the two trade inversely to each other.

The shady nature of this event is clearly seen as it all happened at the split second Bernanke began his speech and which coincided with the last minute saving of the market above a major technical level. The retail investor is at work and will only see the closing prints on this market. However, true traders know the real deal in the market when light volume allows for manipulation. Thank you Federal Reserve for continuing to allow market bubbles.

Gareth Soloway
InTheMoneyStocks.com


  [more]

Recs

0

Oil Services Stocks Run Out Of Steam Early

February 07, 2012 – Comments (0) | RELATED TICKERS: OIH , SLB , HAL

This morning, all of the leading oil service stocks are coming under selling pressure. The popular and highly traded Market Vectors Oil Services ETF (NYSEARCA:OIH) is trading lower by $2.25 to $128.85 a share. Short term traders can watch for intra-day support around the $128.00, and $127.00 levels. Traders can watch for intra-day bounces around these levels.

Some of the leading oil service stocks that are trading lower this morning include Halliburton Co (NYSE:HAL), Baker Hughes Inc (NYSE:BHI), and Schlumberger ltd (NYSE:SLB). All of these stocks are short term overbought on the daily chart and may need to pullback or consolidate in the near term.

Nicholas Santiago
IntheMoneyStocks.com

  [more]

Recs

0

Financial Stocks Dip Early, Watch These Levels

February 07, 2012 – Comments (0) | RELATED TICKERS: JPM , BLK , GS

J.P. Morgan Chase & Co (NYSE:JPM) is considered the leading financial stock in the United States and possibly the world. This morning, JPM is coming under some early selling pressure. This important financial stock is trading lower by 0.42 to $37.72 a share. Short term traders can watch for intra-day support around the $37.55, and $37.40 areas. The daily chart of JPM is still very strong and the stock remains in an uptrend.

Some other leading financial stocks that are declining lower today include Goldman Sachs Group Inc (NYSE:GS), Morgan Stanley (NYSE:MS), and BlackRock Inc (NYSE:BLK). Traders should remember that when the markets trade with such light volume as they have recently; support levels usually present buying opportunities.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

5

History Repeating Itself: Market Collapse Signs

February 06, 2012 – Comments (4) | RELATED TICKERS: SPY , DIA , QQQ

As the market trades near 52 week and multi year highs, the media continues to pump an economic recovery that has every retail investor turning into a bull. Strange and scary coincidences are emerging in comparison to previous market mega drops. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at $134.21, -0.36 (-0.27%).

First, the volume over the past few months has continued to get lighter and lighter. Not only does this mean the institutions are no longer buying but it also is the lightest volume since 1999. This was just prior to the technology bubble collapsing.

As if that was not ominous enough, the top of the market during the real estate market occurred in 2007. The top was nailed perfectly by the IPO of The Blackstone Group L.P. (NYSE:BX). This IPO to the real estate bubble is what Facebook is to the social media bubble. The markets rallied up into the IPO debut of Blackstone and collapsed soon after. We all know where they went following 2007.

So here the markets sit, gently floating higher day after day, ignoring European issues and allowing the retail investor to jump back in the market and the highs. History has a way of repeating itself and these commonalities are far too scary to ignore. Beware of the next few months in this market.

Gareth Soloway
InTheMoneyStocks.com

  [more]

Recs

0

The U.S. Dollar Index Drives Every Move

February 06, 2012 – Comments (0) | RELATED TICKERS: UDN , FXE , SCCO

Once again, the U.S. Dollar Index futures (DX H2) declined at 9:30am EST to help keep the major stock indexes from declining further. Nearly every trading day that the U.S. Dollar Index starts the day higher; then proceeds to fade once the stock market opens. Traders must remember, if the U.S. Dollar Index rallies higher throughout the trading day the major stock indexes will likely come under some selling pressure. The trading volume is extremely light today as the majority of market participants recover from a late night watching the Superbowl.

When the U.S. Dollar shows strength traders can watch for weakness in other leading currencies and commodities. The CurrencyShares Euro Trust (NYSEARCA:FXE) is trading lower this morning as the U.S. Dollar still remains positive. Most leading commodity stocks are also trading slightly lower. Leading commodity stocks such as Freeport McMoRan Copper & Gold Inc (NYSE:FCX), Southern Copper Corp (NYSE:SCCO), and Teck Resources Ltd (NYSE:TCK) are trading lower to start the day.

Nicholas Santiago
InTheMoneyStocks.com


Nearly every trading day that the U.S. Dollar Index starts the day higher; then proceeds to fade once the stock market opens.   [more]

Recs

0

Chinese ADR's Get Swallowed By The Dragon

February 06, 2012 – Comments (0) | RELATED TICKERS: BIDU , SOHU , SINA

This morning, all of the leading Chinese ADR's are coming under sharp selling pressure. Sohu.com Inc (NASDAQ:SOHU); a leading the Chinese ADR, is trading down $9.43 to $53.62 a share. The company reported earning that were well below analyst expectations. Many investors are now thinking that other leading Chinese ADR's will report weaker than expected earnings going forward. SOHU stock will have intra-day support around the $52.75, and $48.90 levels.

Other leading Chinese ADR's that are declining lower in sympathy to SOHU stock include Sina Corp (NASDAQ:SINA), Baidu Inc (NASDAQ:BIDU), and China Mobile Ltd (NYSE:CHL). Last night, the important and highly followed Shanghai Index (China) finished the session basically flat. If there is any slowdown in the Chinese economy all of these leading stocks will come under further selling pressure over the next few weeks.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

0

Casino Stocks Are A Wild Card

February 03, 2012 – Comments (0) | RELATED TICKERS: LVS , MGM , WYNN

Wynn Resorts Ltd (NASDAQ:WYNN) is considered the leading casino stock in the market. This morning, WYNN stock is trading lower by $5.27 to $115.59 a share. Yesterday after the closing bell, the company released earnings that were below analyst expectations. WYNN stock has been struggling to trade above the December 2011 highs which tell us that the stock has weak relative strength. Traders can watch for intra-day support around the $114.00, and $112.00 levels.

MGM Resorts International (NYSE:MGM), and Las Vegas Sands Corp (NYSE:LVS) are two leading casino stocks that are trading higher despite the poor reaction to WYNN stock. It is important to note that MGM and LVS are getting extended on the daily charts and may need to pull back soon.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

3

Facebook Craze Means Mobile Ad Stocks May Run

February 02, 2012 – Comments (0) | RELATED TICKERS: SINA , RENN , MOTR.DL

As Facebook prepares to go public, anything in the social networking space has seen a monster increase in value. Stocks like Linkedin Corporation (NYSE:LNKD) are jumping today, trading at $76.45, +4.08 (+5.64%). In addition, Chinese social player Renren Inc. (NYSE:RENN)  is trading at $5.63, +0.62 (+12.38%). While these stocks have already run higher and are no longer plays, it is interesting to think about other sympathy plays that may run. The key is to look for the extension to the social networking websites, what will the publicity of social media attract.

Extending out of the circle one must think about mobile advertising companies.  As more smart phones are used and Facebook is obviously utilized on these phones as well as Twitter and Linkedin, phone banner adds will become a key income producer. The next step is to figure out who has the basis to help deliver the advertising.

My mind always looks for the cheapest, beaten down play. This brings up a clear winner that is high risk but very high reward. Motricity, Inc (NASDAQ:MOTR) may fill that void, allowing mobile operators and advertising firms to get their adds on the mobile networks. While the stock has been pounded to 52 week lows, it does have some significant upside if they can start producing and turn things around.

"Motricity, Inc. enables mobile operators, brands, and advertising agencies to maximize the reach and economic potential of the mobile ecosystem through the delivery of relevance-driven merchandising, marketing, and advertising solutions. It leverages predictive analytics capabilities to deliver the right content, to the right person at the right time. Motricity, Inc. provides their entire suite of mobile data service solutions through a managed service platform. The company was formerly known as Power By Hand, Inc. and changed its name to Motricity, Inc. in October 2004. Motricity, Inc. was incorporated in 2004 and is headquartered in Bellevue, Washington." -Company Profile

With Motricity trading at $0.77 per share, it appears to have a high level of upside should they piggy back of the mobile social crazy. As Facebook ramps up this side of their business, as well as others, look for companies that build this infrastructure to take off.

Gareth Soloway
InTheMoneyStocks.com


  [more]

Recs

0

Financial Stocks Hold All The Cards

February 02, 2012 – Comments (0) | RELATED TICKERS: JPM , GS , BAC

The leading financial stocks have been rallying higher since late November 2011. Many traders have discovered that J.P. Morgan Chase & Co (NYSE:JPM) seems to be the most important financial stock in the market at this time. This stock remains very strong on the daily chart. JPM stock is trading above the important daily chart 50, and 200 moving averages which signals strength in the near term. Traders must watch the big resistance levels that will approach around the $40.00 area. This is a level where the stock will face some major headwinds. Often, the action in the financial stocks will dictate the moves in the overall stock market indexes, therefore, this stock market rally could hold up until that time. JPM stock will have intra-day resistance around the $38.25 area.

Some leading financial stocks that are trading higher this morning include Citigroup Inc (NYSE:C), Bank of America Corp (NYSE:BAC), and Goldman Sachs Group Inc (NYSE:GS). While all of these stocks are very important it is JPM stock that leads these markets these days.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

Recs

0

Visa & MasterCard Lead Markets

February 02, 2012 – Comments (0) | RELATED TICKERS: V , AXP , DFS

This morning, Visa Inc (NYSE:V) and MasterCard Inc (NYSE:MA) are surging sharply higher. The catalyst for the rally in these two leading stocks is a strong reaction to the MasterCard earnings announcement. MA stock will have some short term intra-day resistance around the $385.00 level. Visa Inc stock is obviously trading higher in sympathy to the MasterCard earning report. Visa stock is now trading at a new all time high at $106.13 a share.

Other leading credit card stocks that are trading higher include American Express Co (NYSE:AXP) and Discover Financial Services (NYSE:DFS). It is important to note that AXP and DFS are also bank holding companies; therefore they will not always trade along with the credit card companies such as Visa and MasterCard.

Nicholas Santiago
InTheMoneyStocks.com
  [more]

Recs

1

Financial Stocks Rally Strong But Hit Key Resistance

February 01, 2012 – Comments (0) | RELATED TICKERS: JPM , GS , WFC

As the market heads higher, the financial stocks lead the way. These gains continue to mount as concerns over Europe remain muted and economic news from China is strong. Stocks like JPMorgan Chase & Co. (NYSE:JPM) are up from a late November low of $28 and now hover at $38.00 per share. This massive spike is seen in almost all financial stocks.

While the gains are impressive, banks are nearing major resistance levels. These must be respected. The most obvious resistance point can be seen on Goldman Sachs Group, Inc. (NYSE:GS). This stock has now moved into the 200ma and a pivot top from October 20th, 2011.

Keep an eye on the financial stocks. As they go, the market goes. If the banks are putting in tops and ready to pull back, be ready for a market pull back.

Gareth Soloway
InTheMoneyStocks.com
  [more]

Recs

0

Financial Stocks Rally Strong But Hit Key Resistance

February 01, 2012 – Comments (0) | RELATED TICKERS: JPM , GS , WFC

As the market heads higher, the financial stocks lead the way. These gains continue to mount as concerns over Europe remain muted and economic news from China is strong. Stocks like JPMorgan Chase & Co. (NYSE:JPM) are up from a late November low of $28 and now hover at $38.00 per share. This massive spike is seen in almost all financial stocks.

While the gains are impressive, banks are nearing major resistance levels. These must be respected. The most obvious resistance point can be seen on Goldman Sachs Group, Inc. (NYSE:GS). This stock has now moved into the 200ma and a pivot top from October 20th, 2011.

Keep an eye on the financial stocks. As they go, the market goes. If the banks are putting in tops and ready to pull back, be ready for a market pull back.

Gareth Soloway
InTheMoneyStocks.com
  [more]

Recs

0

Markets Shoot Higher But $133.30 Looms Large

February 01, 2012 – Comments (0) | RELATED TICKERS: SPY , AMZN , DIA

The markets are rallying today on the back of China's official Purchasing Managers' Index. This economic number came in better than expected and has the SPDR S&P 500 ETF (NYSEAMEX:SPY) trading at $132.71, +1.39 (+1.06%). The markets are still stuck below the master resistance level of $133.30 on the SPY. This level represents major resistance on the markets.

Amazon.com, Inc. (NASDAQ:AMZN) reported poor quarterly results yesterday, but it has done little to dampen the light volume float in the markets. Most technology players are higher today.

While the markets remain extremely extended, the light volume float continues. As the markets float higher, the risk of a major collapse grows stronger. For this reason, looking at the charts objectively without emotion because the most important trading tactic in the world. Know your levels and trade the market.

Gareth Soloway
InTheMoneyStocks.com

  [more]

Recs

0

Gasoline Nears Six Month Highs, Here Is The Reason

February 01, 2012 – Comments (2) | RELATED TICKERS: UGA , JJC , GLD

Nearly everyday we hear about the problems in the Middle East with Iran. While there could be conflict with the oil producing nation; it is important to realize that this is not causing gasoline to increase in price. Gasoline has been steadily rising over the past four months and is now trading near a six month high. On December 16, 2011 the United States Gasoline Fund (NYSE:UGA) was trading as low as $45.17 a share. This morning the UGA is trading higher by 0.64 cents to $53.14 a share. Last week, the UGA made a new five month high at $53.78 a share and remains strong on the charts at this time.

So what is the reason for the higher gasoline prices? It is simple, it is the weaker U.S. Dollar Index. When the U.S. Dollar Index declines gasoline, oil, and just about every commodity will inflate and trade higher. Gasoline prices affect every U.S. consumer and this could ultimately be problematic down the road. We must all remember that the U.S. consumer accounts for roughly 70.0 percent of the gross domestic product in the United States.

Traders can just as easily look at the price of copper and gold to see how much these commodities have climbed since the dollar has declined. The iPath Dow Jones UBS Copper Subindex Total Return ETN (NYSEARCA:JJC) has increased by $7.00 since December 15, 2011. The SPDR Gold Shares (NYSE:GLD) has increased by $22.00 since December 29, 2011. These are just some of the inflationary effects of a weaker U.S. Dollar.

Nicholas Santiago
InTheMoneyStocks.com

  [more]

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