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Author: InTheMoneyStocks

European Debacle Sends Stocks Reeling

The European situation continues to unravel after Ireland got a $113 billion bailout over the weekend. Spain and Portugal are next, with more countries on the horizon.  This sent the Dollar spiking higher. A stronger Dollar is...

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SLV Intra-day Resistance Levels

The iShares Silver Trust(NYSE:SLV) is trading positive by just 0.05 cents to $26.18. When the U.S. Dollar Index pulls back silver catches a bid and trades higher. The SLV will have short term intra-day resistance around the...

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As Inverse As It Gets

Below is an intra-day chart of the U.S. Dollar Index and the S&P 500 Index e-mini. Notice that these two charts are almost inverse tick for tick.

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IBM Puts Pressure On the DJIA

International Business Machines Corp.(NYSE:IBM) is a leading technology stock and a major Dow Jones Industrial Average component. Today IBM is trading lower by $2.10 cents to $141.85. It is important to remember that the Dow...

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Supply and Demand Is The Solution

The U.S. Dollar Index is trading sharply higher this morning gaining 0.68 cents to $81.00. On November 4th, 2010 the U.S. Dollar Index was trading as low as $75.63. At the same time the S&P 500 Index was making new highs...

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Ugly Start To Black Friday

The major stock market indexes all opened sharply lower this morning. The catalyst for today’s early decline was the increased tension between North and South Korea. Nothing seems to have been resolved between the two...

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Retail Hot But Do Not Believe The Hype

Retail has been hotter than the sun over the last two months. Many stocks continue to hit new all time highs ahead of the biggest shopping day of the year, Black Friday. Retailers and Wall Street continue to be extremely...

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HPQ Inching Lower. Watch This Support.

Hewlett Packard Co.(NYSE:HPQ) is a leading tech stock that is not participating in today’s light volume holiday rally. The stock is trading lower by 0.57 cents to $43.60. Should the stock trade down to the $43.30 this...

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