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Author: InTheMoneyStocks

New 2010 Highs Are Coming

As the markets move higher again today, it seems pretty clear, before the month is out, the markets will be at new 2010 highs. The SPDR S&P 500 ETF (NYSE:SPY) is higher again today, trading at $122.12, +1.11 (+0.92%). As I...

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Nordstrom Declines. Watch This Level.

Nordstrom Inc.(NYSE:JWN) is a leading high end retailer that is declining by over $1.10 to $42.33. This stock is one of the few retail stocks that are trading lower this morning. JWN will have short term intra-day support around...

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Las Vegas Sands Craps Out Today

Las Vegas Sands Corp.(NYSE:LVS) has been an outstanding performing stock in 2010. However, the stock has struggled when it trades in the low $50.00 area. Today LVS is trading lower by 0.93 cents to $50.40. The leading casino...

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Inflation Rally Back On Once Again

Just a few days ago every talking head in the media was worried about China Inflation and the tension between North and South Korea. The European Debt crisis was spreading like wildfire with Ireland, and Portugal on the list for...

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TATA Is Doing Nada

The popular Indian automaker Tata Motors Ltd.(NYSE:TTM) is one of the few stocks that are failing to participate in today’s rally. This stock is declining today on very sharp volume. The daily chart 50 moving average is...

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U.S. Gasoline Fund At New 3 Month Highs

This morning the United States Gasoline Fund(NYSE:UGA) is making a new three month high. The popular UGA is trading higher by $1.03 to $39.00. It is important to note that since the famous Ben Bernanke speech in Jackson Hole,...

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Yield Spike Drops Bonds Sharply

This morning the yields on the 10 and 30 Year Treasuries are spiking higher. The yield on the 10 Year Treasury bond is surging higher by 14 basis points to 2.94%. This bond has a sharp effect on mortgage rates. The yield on the...

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Bouncing Euro Lifts Markets

This morning the Euro is catching a sharp bid higher from a very oversold technical condition. The European Central Bank announced that they will start buying bonds from distressed nations. In other words the ECB will be...

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