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Author: InTheMoneyStocks

Oil Dips Markets Jump

This morning the Unites States Oil Fund(NYSE:USO) has pulled back sharply from its morning highs. The USO is now trading higher by just 0.15 cents to $42.48 a share. Spot crude for April delivery has declined sharply from...

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Oil Refiners Retreat

The major oil refining stocks are coming under some pressure this morning as spot oil trades at a new high for the year. Often when oil surges higher it will hinder the use of gasoline, and other refined oil products that are...

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Pre-Market News and Views

This morning the S&P 500 e-mini futures(ES H1) are actually trading higher by 1.00 point to 1321.25 despite the surge higher in oil. Oil is trading higher today by $2.18 to $106.60 a barrel. This is a new 52 week high for...

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And The Gold Metal Goes To… Silver

Silver has been a stellar performer today trading higher by 3.00 percent today. In electronic trading silver for April delivery is trading around $35.50 a troy ounce. The popular iShares Silver Trust(NYSE:SLV) is trading higher...

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Alert: Major Level On Oil Tagged

Could this be a short term top? Anything is possible now that the $42.25 level has been tagged on the United States Oil Fund LP (NYSE:USO). This may be major in the bigger picture. We will know more next week. A possible short...

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Markets Find Support On Key Level

The SPDR S&P 500 ETF (NYSE:SPY) traded down to a low of $131.61 today as oil shot higher. The SPY found major support at the pivot higher from Wednesday. This level represents a major support for the market intra day and...

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Gasoline Makes Another New 52 Week High

The Unites States Gasoline Fund ETF(NYSE:UGA) is making a new 52 week high this morning. The UGA is trading higher by 0.39 cents to $49.57 a share. Short term traders should watch for some minor intra-day resistance around the...

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Silver and Gold On The Move Early

This morning, silver and gold are rallying higher again. The move higher in the precious metals come as the U.S. Dollar Index declines and the tension in the Middle East continues to surge. The iShares Silver Trust(NYSE:SLV) is...

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Goldman Sachs Under Early Pressure

Goldman Sachs Group Inc.(NYSE:GS) is trading lower this morning in the pre-market as a board member has agreed to testify in an insider trading case. Goldman Sachs stock will have intra-day support around the $161.50 area....

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