Advertisement

Author: InTheMoneyStocks

GLD POPS

The SPDR Gold Shares(NYSE:GLD) caught a strong bid at the open on the back of the weak U.S. Dollar Index. When the U.S. Dollar declines everything in the stock market especially precious metals and commodities will usually spike...

Read More

The Zombie Market Lives On

The major stock indexes all rallied sharply higher today as the U.S. Dollar Index pulled back from it’s intra-day high. This is truly a zombie market that gets propped up nearly almost every afternoon. Today is really no...

Read More

West Side Story

When the U.S. Dollar Index pops the stock market drops. The opposite is true when the U.S. Dollar Index drops the stock market pops. Just look at an intra-day chart of the U.S. Dollar Index below and notice how the SPDR S&P...

Read More

Financial Stocks Shine In A Red Market

Financial stocks shine brightly as the rest of the market takes a hit today. The financial institutions are not reacting favorably to a weak Dollar policy. While a weak Dollar policy sends investors running for commodity plays...

Read More

Markets Find Support At Master Level

The markets are getting crushed today after worries over how much quantitative easing the Federal Reserve will do, bubbled up.  On this worry, the Dollar spiked higher taking the markets sharply lower.  In addition, Durable...

Read More

InTheMoneyStocks Roar: Market Dumps Further

Market dumping further. This is a rare case scenerio as usually the Federal Reserve usually props it higher. There is no POMO today and it appears without that market support, the markets cannot hold their gains.  In addition,...

Read More

Steel Stocks Weaker After Key Earnings

Commodity stocks are mixed on the day as oil plays are flat to slightly higher and steel stocks are lower.  United States Steel Corporation (NYSE:X) reported a loss of $51 million (-$0.35 per share).  This sent steel stocks...

Read More

Federal Reserve POMO Day

The markets are flat on the day after a solid gap lower. Today is another POMO (Permanent Open Market Operation) day by the Federal Reserve.  This information can be found on the New York Federal Reserve website and is known for...

Read More

SIGN UP TO NEWSLETTER

Join our mailing list to receive the latest news and updates from our team.