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Author: InTheMoneyStocks

Copper Collapse

This afternoon almost every leading commodity stock or ETF is selling off sharply. Leading copper stocks such as Freeport McMoRan Copper & Gold Inc.(NYSE:FCX), and Southern Copper Corp.(NYSE:SCCO), are declining lower today...

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Jobless Claims Shoot Back Up

Initial Claims for the first week of 2011 shot higher by 35,000, jumping to 445,000. This shocked the market slightly as many had hoped the jobs market had turned a corner. During the last couple weeks of December, jobless...

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Halliburton Slips After A 3 Day Bounce

Halliburton Co.(NYSE:HAL) is declining today by 0.60 cents to $39.29 a share. Recently the stock has staged a small three day bounce and today could be just some small profit taking. Halliburton stock will have minor intra-day...

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U.S. Dollar Index Gets Pounded

The U.S. Dollar Index has declined by over 2.00 points in four trading days. This is a sharp drop in the U.S. Dollar Index. The U.S. Dollar Index is measured against a basket of six leading currencies such as the Euro (57.6%),...

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JPMorgan Chase Roars But Nears Resistance

JPMorgan Chase & Co. (NYSE:JPM) is spiking dramatically higher today, leading the Dow Jones Industrial Average. The stock is trading at $44.70, +1.10 (+2.52%) on the day after the CEO said it was likely a dividend hike...

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Markets Higher On Weak Dollar

The U.S Dollar dropped today, pushing the stock markets higher. The inverse relationship continues to hold true. The PowerShares DB US Dollar Index Bullish (NYSE:UUP) is trading at $23.16, -0.11 (-0.47%) while the SPDR S&P...

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