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Author: InTheMoneyStocks

QCOM Sells Off. Watch This Support Level.

Nearly every single trading day I write about the inverse relationship between the U.S. Dollar Index and the inflated stock market. This afternoon was another example of how the major stock indexes will catch a bid higher when...

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Markets Await Jobs On Friday

The markets have gone into sleeper mode after a monster rally yesterday. The Dow Jones Industrial Average surged over 12,000 and the S&P500 jumped over 1,300 as all of the massive sell off last Friday was negated. Today, it...

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Key Play: U.S Steel Double Tops

United States Steel Corporation (NYSE:X) surged dramatically higher today, jumping into a key double top from the beginning of January.  This level was $61.25. After piercing this double top, the stock pulled back dramatically,...

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Alert: Solar Stocks Surge, What To Do

Solar stocks continue to rocket higher on the back of positive press releases and high oil prices. MEMC Electronic Materials, Inc. (NYSE:WFR) reported earnings and raised their full year guidance. The stock soared on this news,...

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JCP Losing More Than A Penny

J.C. Penney Inc.(NYSE:JCP) is declining sharply this morning by 0.69 cents to $31.12 a share. The stock has been under selling pressure for four consecutive trading session. Short term scalp traders can look for intra-day...

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Forget The News! Just Watch This

There is a lot going on around the world today. Egypt, Europe, tension between North and South Korea, food riots, raising inflation in all emerging markets, rigged currencies, and much more. However, yesterday the major stock...

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