Recent InTheMoney's Commentaries
Groundhod Day Again And Again
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 Tr...
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Tags: spy | dia | vxx | sso | ddm
Attempted Market Break Down Is Foiled Again
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 ...
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Tags: spy | aapl | jpm | gs
Cloud Stocks Reaching A Short Term Ceiling
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 Rac...
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Tags: rax | ctxs | arun | ffiv
Everyday Is Groundhog Day
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 t...
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Tags: spy | dia | vxx | sso | ddm | stocks
Chinese Stocks Heat Up
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 Ho...
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Tags: tsl | jaso | stp | scei | stocks
Key Stock Trading Analysis
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. ...
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Tags: spy | bac | aapl | smh | stocks
Joy Global Could Be Telling Us Something
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 tha...
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Tags: joy | bhp | cat | de | tsco | stocks
Joy Global Could Be Telling Us Something
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 tha...
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Tags: joy | bhp | cat | de | tsco | stocks
Agriculture Stocks Send Mixed Signals
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 techni...
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Tags: moo | pot | cf | agu | mon | stocks
The Inverse Trade Works Again
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. Man...
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Tags: spy | dia | sso | ddm | stocks | etfs
Stock Market Update
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 Sa...
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Tags: gs | aapl | stocks
Manipulated Market: A Tale Of The Federal...
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 ...
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Tags: spy | dia | uup | qqq | etfs
Oil Services Stocks Run Out Of Steam Early
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 leve...
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Tags: oih | slb | hal | bhi | rig | stocks
Financial Stocks Dip Early, Watch These Levels
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...
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Tags: jpm | blk | gs | ms | xlf | etfs | stocks
Financial Stocks Dip Early, Watch These Levels
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...
Read More »
Tags: jpm | blk | gs | ms | xlf | etfs | stocks
