Author: InTheMoneyStocks

The markets are again testing the double bottom from yesterdays low. This level on the SPDR S&P 500 ETF (NYSE:SPY) is $126.50. If this area breaks, the SPY will fall to $125.90. Earlier today, the $126.50 level was tested...

Google Inc. (NASDAQ:GOOG) is selling sharply again on overall market weakness. It is trading lower today at 556.88, -12.68 (-2.23%). Google has been hammered over the last month and down sharply off the 2011 and 52 week highs....

Apple Inc. (NASDAQ:AAPL) is taking a hit today, trading at $334.36, -11.07 (-3.20%). The stock was downgraded by JMP Securities to ‘Market Perform’ from ‘Market Outperform’. Apple is dropping today as the...

The markets opened slightly lower and slowly started their light volume climb back to the flat line. Things in Japan appeared to be quiet for the time being as the Nikkei rallied 5% last night. The markets came all the way back...

After a disaster of the magnitude that the Japanese people are experiencing there will be a lot of goods needed to rebuild the country. This morning the steel sector is trading higher on the back of that anticipation for steel...

This morning gold and silver are both trading higher this morning. The highly popular SPDR Gold Shares (NYSE:GLD) are trading higher by 0.72 cents to $136.99 a share. Traders can watch for intra-day resistance around the $137.51...

Everyone in the world is watching to see the damage from the Japanese nuclear reactors. As news leaks out that the nuclear reactors are leaking more nuclear waste it seems that the major stock market indexes in the United States...

The major stock market indexes have traded sharply off of their intra-day lows. This morning the Dow Jones Industrial Average was lower by nearly 300 points. However, once the trading volume subsided and oil and the U.S. Dollar...

The gap lower today took many key stocks and indexes to major support levels. Whenever a panic gap lower nails massive supports the markets will almost always rise of these lows. This is why using charts is so important for...

As Japan crashed last night, the U.S futures dropped sharply. A situation which was already ugly in Japan, turned down right nasty as radiation spewed into the atmosphere. When the Japanese stock market closed, it had lost 11%...