Use access key #2 to skip to page content.

inthemoneystock (< 20)

December 2013

Recs

0

Solar Stocks: Swing Trade Bounce Into Year End

December 12, 2013 – Comments (0) | RELATED TICKERS: FSLR , HSOL

Many solar stocks have been crushed lately, coming off epic moves to the upside. As light, holiday volume takes over, these stocks should see buying into the end of the year. Many of these stocks have pulled back into key technical levels as well. For instance, take a look at the First Solar, Inc. (NASDAQ:FSLR) chart. It has pulled back into the 200 day moving average. Also, take a look at Chinese solar Hanwha Solarone Co Ltd (NASDAQ:HSOL). This stock has also had a big pull back into the daily 200 moving average.

Please note that this is just a swing trade into the end of the year. After they get a bounce, selling will resume in 2014. 

Gareth Soloway
InTheMoneyStocks.com
  [more]

Recs

0

Bullish Consolidation On Tesla: Long Day Trade

December 12, 2013 – Comments (1) | RELATED TICKERS: TSLA

Tesla Motors Inc (NASDAQ:TSLA) is consolidating throughout the lunch time period as the markets have fallen. This consolidation pattern is bullish and with the market weakness, it signals upside soon, on any market bounce. Look for a pop intra day on TSLA to the $144.25 level, then $145.15 and $146.00.

Gareth Soloway
InTheMoneyStocks.com  [more]

Recs

0

Will Santa Bring 401k's And IRA's Joy This Holiday?

December 12, 2013 – Comments (0)

Over the past few trading sessions the major stock indexes have come under some serious selling pressure. Many traders and investors have been focusing on the possible tapering of QE-3 by the Federal Reserve next week. Remember, the major stock indexes have surged on the back of the easy money policies that have been implemented by the Federal Reserve since 2008. So if the central bank decided that they would begin to cut the easy money policies it could certainly hurt the stock markets. Why would the Federal Reserve start to taper now? After all, this is the last FOMC meeting that Ben Bernanke will be in charge of. As you all know, he is stepping down as chairman and being replaced by Janet Yellen. She might be more dovish than Ben Bernanke, so there is a fair chance that there will not be a taper at all in December. Should the Federal Reserve decide to taper it would probably be very small, perhaps $5 billion to $10 billion in U.S. Treasuries.

We all know that the U.S consumer accounts for roughly 70.0 percent of the consumer spending in the United States. The only way the easy money policies can last is if the public spends money. This tells us that the central bankers need the U.S. consumer to spend money in a big way. If the stock market declines then the U.S. consumer that has a 401K or a retirement plan might cut their holiday spending into the new year. We all know that the Federal Reserve does not want that happen, so they will probably do their best to keep this rally alive. So there is still a fair chance that there could be a Santa Clause rally before the end of the year. 

Nicholas Santiago
InTheMoneyStocks.com
  [more]

Recs

1

Is Silver Cheaper Than Gold Right Now?

December 11, 2013 – Comments (0) | RELATED TICKERS: GLD , SLV

There are so many times when people will ask me if they should buy gold or silver. Well historically, the way to tell if gold is a better buy than silver is to take the spot price of gold and divide it by 60 (gold price/60). If the price of silver is less than that calculation than silver is the better deal at the time. If silver is trading higher than the sum of that calculation then it is expensive. 

Currently, the price of gold is trading at $1257.00 an ounce. So if you divide the current price of gold ($1257.00) by 60 you get $20.95. Today, the spot price of silver is $20.40 an ounce, so silver is the better deal than gold at this time. Traders should note that this formula is used by most professional traders so it is a good idea to adopt it. As far as the charts are concerned, the patterns between gold and silver look very similar. Silver also has high industrial demand because it is a lot less expensive, so traders may want to follow the new uses for silver as well. 

Nicholas Santiago
InTheMoneyStocks.com
  [more]

Recs

1

The One True Sector Bubble: Profits Here When It Crashes Soon

December 10, 2013 – Comments (1) | RELATED TICKERS: CELG , GILD

There has been constant talk about the overall market being in a bubble. Is it a bubble? To some extent yes, however there is one particular sector that is in the stratosphere. The biotechnology sector is the equivalent of the dot.com sector in 1999. To see the type of moves I am talking about, take a quick look at Celgene Corporation (NASDAQ:CELG) and Gilead Sciences, Inc. (NASDAQ:GILD). Both stocks are up more than 100% in 2013 with market caps exceeding mega cap stature.

If you believe the market will pull back in 2014, which I believe. The biotech sector could see the biggest fall from these bubble levels. Imagine even a 50% retrace of the 2013 moves. Major profits to be had. If interested, you can short the iShares NASDAQ Biotechnology Index (NASDAQ:IBB) or buy the ProShares UltraShort Nasdaq Biotech ETF (NYSEARCA:BIS). Both give you plenty of exposure to the collapse in the biotech sector.  [more]

Recs

1

Can The Gold Rally Last Longer Than A Day?

December 10, 2013 – Comments (0) | RELATED TICKERS: GLD

Gold has become the most hated commodity lately. What happened to the days when everyone had to own the precious metal? After all, more and more central banks around the world are printing money faster than ever. The Federal Reserve (U.S. central bank) is still creating $85 billion a month out of thin air. Other central banks in England, Japan, Asia, and Europe continue to do the same thing. So why has gold struggled so much? 

It seems that gold is now trading inversely to the USD/JPY (U.S. Dollar vs the Japanese Yen). Today, the USD/JPY is falling sharply and this is causing gold futures to rally. Currently, the USD/JPY chart remains in an up-trend on the daily chart. Up-trending markets are very tough to fight since that is where the momentum is. Should the USD/JPY chart start to fall gold should start to trade higher. Traders and investors might need to take a wait and see approach, but I would say that you shouldn’t get too bearish on gold at this stage of the game. Gold could be setting up to make a sharp move higher very soon if that up-trend in the USD/JPY chart starts to reverse. 

Nicholas Santiago
InTheMoneyStocks
  [more]

Recs

0

Interesting Insight Into Today's Market Action

December 09, 2013 – Comments (0) | RELATED TICKERS: AMZN , GOOGL , SPY

Stocks opened higher today. This was coming off of the solid Non Farm Payroll Report on Friday that saw the Dow Jones Industrial Average surge 200 points. As the markets moved higher again, I could not help but note the inability for the S&P 500 to take out the all time highs. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) hit $181.67 while the all time high was just $0.08 higher at $181.75. The market tried three separate times to break through but each time sold off. As of now, the S&P is close to the lows of the day, still slightly positive.

Amazon.com, Inc. (NASDAQ:AMZN) has been lower all day, even with stocks like Google Inc (NASDAQ:GOOG) and Apple Inc. (NASDAQ:AAPL) solidly higher. This shows relative weakness. Last week, Amazon appeared to put in a major hyped-top when Jeff Bezos talked about drones delivering packages. On significant volume, the stock opened higher and sold off fast. Since then, the stock is having trouble catching any sort of bid, even when the market is higher. The daily chart is beginning to form a classic bear flag and should signal continued weakness.

These are two interesting things to watch in the market today. Both carry weight and should be monitored going forward. 

Gareth Soloway
InTheMoneyStocks.com  [more]

Recs

0

Interesting Insight Into Today's Market Action

December 09, 2013 – Comments (0) | RELATED TICKERS: AMZN , GOOGL , SPY

Stocks opened higher today. This was coming off of the solid Non Farm Payroll Report on Friday that saw the Dow Jones Industrial Average surge 200 points. As the markets moved higher again, I could not help but note the inability for the S&P 500 to take out the all time highs. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) hit $181.67 while the all time high was just $0.08 higher at $181.75. The market tried three separate times to break through but each time sold off. As of now, the S&P is close to the lows of the day, still slightly positive.

Amazon.com, Inc. (NASDAQ:AMZN) has been lower all day, even with stocks like Google Inc (NASDAQ:GOOG) and Apple Inc. (NASDAQ:AAPL) solidly higher. This shows relative weakness. Last week, Amazon appeared to put in a major hyped-top when Jeff Bezos talked about drones delivering packages. On significant volume, the stock opened higher and sold off fast. Since then, the stock is having trouble catching any sort of bid, even when the market is higher. The daily chart is beginning to form a classic bear flag and should signal continued weakness.

These are two interesting things to watch in the market today. Both carry weight and should be monitored going forward. 

Gareth Soloway
InTheMoneyStocks.com  [more]

Recs

0

Interesting Insight Into Today's Market Action

December 09, 2013 – Comments (0) | RELATED TICKERS: AMZN , GOOGL , SPY

Stocks opened higher today. This was coming off of the solid Non Farm Payroll Report on Friday that saw the Dow Jones Industrial Average surge 200 points. As the markets moved higher again, I could not help but note the inability for the S&P 500 to take out the all time highs. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) hit $181.67 while the all time high was just $0.08 higher at $181.75. The market tried three separate times to break through but each time sold off. As of now, the S&P is close to the lows of the day, still slightly positive.

Amazon.com, Inc. (NASDAQ:AMZN) has been lower all day, even with stocks like Google Inc (NASDAQ:GOOG) and Apple Inc. (NASDAQ:AAPL) solidly higher. This shows relative weakness. Last week, Amazon appeared to put in a major hyped-top when Jeff Bezos talked about drones delivering packages. On significant volume, the stock opened higher and sold off fast. Since then, the stock is having trouble catching any sort of bid, even when the market is higher. The daily chart is beginning to form a classic bear flag and should signal continued weakness.

These are two interesting things to watch in the market today. Both carry weight and should be monitored going forward. 

Gareth Soloway
InTheMoneyStocks.com  [more]

Recs

0

Bond Yields Up, These Stocks Move

December 09, 2013 – Comments (0) | RELATED TICKERS: LEN , PHM , TOL

Almost everyone in the financial media has been talking about the yield on the 10-year U.S. Treasury Note. When the yield moves higher the home-builder stocks, real estate investment trusts (REITs), and the utility sector will usually suffer. All of these important sectors are very sensitive to higher interest rates. 

Today, the leading home-builder stocks such as Lennar Corp (LEN), Toll  Brothers Inc (TOL), DR Horton Inc (DHI), and PulteGroup, Inc (PHM) are all trading higher as yields have pulled back from the near term highs made last week. Day traders that are following LEN stock should watch for intra-day resistance around the $35.76, and 36.43 levels. 

Nicholas Santiago
InTheMoneyStocks.com
  [more]

Recs

2

No Santa Claus Rally For Wal-Mart

December 05, 2013 – Comments (0) | RELATED TICKERS: WMT

This morning, many of the leading retail stocks are declining lower to start the session. Weak retail sales reports are certainly hurting the sector. There is also a lot of chatter that the minimum wage will increase dramatically in 2014, should this happen it will certainly hurt the bottom line. WMT stock is falling lower by $1.25 to $78.97 a share. Swing traders can watch for solid daily chart support around the $76.00 level which is where the 200-day moving average is. The next major support level for WMT stock is going to be around the $72.50 level should the stock decline further.

Nicholas Santiago
InTheMoneyStocks.com
  [more]

Recs

0

Refinery Stocks Get Smoked, Watch This Daily Chart Level For HFC

December 04, 2013 – Comments (0) | RELATED TICKERS: TSO , VLO , PSX

This morning, the leading oil refinery stocks are trading sharply lower at the start of the day. Over the past few days the price of oil has rebounded and often higher oil prices will hurt the refinery stocks due to contango. Some of the leading oil refinery stocks that are falling today include Phillips 66 (PSX), Tesoro Corporation (TSO), Marathon Petroleum Corporation (MPC), and HollyFrontier Corporation (HFC) just to name a few companies in the industry group. Swing traders should watch for near term daily chart support for HFC stock around the 443.70 level. This is an area where the stock was defended by the institutional money and should hold up when initially retested. 

Nicholas Santiago
InTheMoneyStocks.com
  [more]

Recs

0

3M Co Quick Money Making Trade Setup

December 03, 2013 – Comments (0) | RELATED TICKERS: MMM

3M Co (NYSE:MMM) has been crushed over the last couple days. While many are too scared to step up for a swing trade, I am watching the daily 50 moving average and the $124.70 level. Should this point be hit today or tomorrow (only), a long swing trade is likely to pay profits. Look for a $2.00-$3.00 bounce should the $124.70 level be tagged.

Gareth Soloway
InTheMoneyStocks.com
  [more]

Recs

0

Airline Stocks Nosedive, Watch This Level On LCC

December 03, 2013 – Comments (0) | RELATED TICKERS: LCC , DAL , UAL

This morning, many of the leading airline stocks are declining sharply lower at the start of the trading session. Airline stocks such as US Airways Group Inc (LCC), Delta Air Lines Inc (DAL), United Continental Holdings Inc (UAL), and Southwest Airlines Co (LUV) are just a few of the leading airline stocks selling lower. Short term day traders can watch for intra-day support on LCC stock around the $21.24 level. This is an area where the institutional money should come and defend the equity. Please remember, this is only a day trading level. 

Nicholas Santiago
InTheMoneyStocks.com

   [more]

Recs

0

Watch This Lockstep Relationship

December 03, 2013 – Comments (0)

Many traders and investors will often buy and sell stocks on the back of a news report or a story that was invented by their broker or some analyst. The truth of the matter is that the currency market is usually the driving force behind every stock market move. After all, what is trading all about between one nation to another. Over the past few years we have seen almost every modern nation try to devalue their currency to help increase their exports. Japan has done this most aggressively over the past year. Usually, the institutional money jumps on this trend and puts on a pair trade. In other words, the institutional traders have been selling the Japanese Yen and buying the S&P 500 Index. 

Traders can easily see the lockstep relationship between the USD/JPY (U.S. Dollar vs the Japanese Yen) and the S&P 500 Index e-mini futures (ES Z3) in the chart below. Remember, when the USD/JPY rises it means that the Japanese Yen is declining. So basically, when the USD/JPY catches a bid so will the stock market indexes. On the flip side, should the USD/JPY decline so should the major stock market indexes. Right now, the action in the Japanese Yen is dominating the equity markets. I doubt you will hear this on CNBC. 

Nicholas Santiago
InTheMoneyStocks.com
   [more]

Recs

2

Amazon.com, Inc. Drones Could Signal Top

December 02, 2013 – Comments (0) | RELATED TICKERS: AMZN

Jeff Bezos sat down with Charlie Rose on 60 minutes just hours before Cyber Monday kicked off. Going into this interview, Amazon.com, Inc. (NASDAQ:AMZN) rallied for six days straight to new all time highs, just under the $400.00 level. 

Bezos talked about using drones to deliver packages from Amazon in near future. This has generated major buzz in the media and a lot of discussion on whether or not it is feasible. The stock opened higher and kissed $399.00 before reversing. The reversal is technically a bearish signal.

This wild news reminds pro investors of the hype that usually ends a strong run for the stock. In addition, the even number of $400 must be respected as resistance. The reality of drones is somewhat silly in the near term. First, FedEx and UPS will throw massive lobbying dollars to the government to try and block it. Afterall, this would hurt their business. In addition, I know many Americans that will shoot a drone out of the sky if they see it. #TargetPractice. Lastly, drones dropping packages on people #LawsuitsGalore, packages getting stolen, bad winds, weather ect. There are a ton of question marks and liabilities that Amazon will have to deal with to get this through, at least with the current technology. I tip my cap to Bezos as he is trying to be Elon Musk-like but drones are years away.

I am eyeing Amazon as a short up here for a solid pull back into 2014. The valuation is stretched even if the most expensive model.

Gareth Soloway
InTheMoneyStocks.com
  [more]

Recs

0

Amazon.com, Inc. Drones Could Signal Top

December 02, 2013 – Comments (0) | RELATED TICKERS: AMZN

Jeff Bezos sat down with Charlie Rose on 60 minutes just hours before Cyber Monday kicked off. Going into this interview, Amazon.com, Inc. (NASDAQ:AMZN) rallied for six days straight to new all time highs, just under the $400.00 level. 

Bezos talked about using drones to deliver packages from Amazon in near future. This has generated major buzz in the media and a lot of discussion on whether or not it is feasible. The stock opened higher and kissed $399.00 before reversing. The reversal is technically a bearish signal.

This wild news reminds pro investors of the hype that usually ends a strong run for the stock. In addition, the even number of $400 must be respected as resistance. The reality of drones is somewhat silly in the near term. First, FedEx and UPS will throw massive lobbying dollars to the government to try and block it. Afterall, this would hurt their business. In addition, I know many Americans that will shoot a drone out of the sky if they see it. #TargetPractice. Lastly, drones dropping packages on people #LawsuitsGalore, packages getting stolen, bad winds, weather ect. There are a ton of question marks and liabilities that Amazon will have to deal with to get this through, at least with the current technology. I tip my cap to Bezos as he is trying to be Elon Musk-like but drones are years away.

I am eyeing Amazon as a short up here for a solid pull back into 2014. The valuation is stretched even if the most expensive model.

Gareth Soloway
InTheMoneyStocks.com
  [more]

Recs

0

3 Ways To Know When To Sell The News

December 02, 2013 – Comments (0)

How many times have you heard the saying, buy the rumor and sell the news? What this saying really means is that the good news is already factored into the price of the stock at the time of the announcement. Just think about how often we have seen companies report terrific earnings, only to see the stock price decline sharply after the earnings announcement, it happens all the time. 

Here is a slightly different example, do you remember the Federal Reserve announcing its $85 billion a month QE-3 program in mid-September 2012? The major stock indexes were soaring into the day of that announcement. As you all know, the stock market staged a two month correction after the announcement. Obviously, the secret here is not really a secret at all, the institutional money just figured that all of the good news was baked into the cake already. Remember, before the QE-3 announcement the stock market indexes were surging higher on the anticipation that the central bank would continue its easy money policies. The stock market institutions love low interest rates and easy money, so when the  announcement was made that the easy money policies would continue from the central bank, the institutional investors locked in the profits. This "buy the rumor sell the news" cycle has been happening for hundreds of years, and will happen until the end of time if you ask me. It happens in all markets, not just the stock market. How often have you seen the latest fad or craze with a pair of shoes, designer pants, or latest electronic device? Once everyone in the public owns those products they become out of style and the price drops dramatically. Well, the stock market works the same way. Below are three ways that you tell when you can sell the news. 
  [more]

Featured Broker Partners


Advertisement