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Author: InTheMoneyStocks

Muted Monday

This morning the major stock market indexes all opened slightly lower on this morning. Monday trading throughout the summertime in the United States have been very light volume trading sessions. When you combine a Monday in the...

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Commodity Stocks Bounce Reviving Markets

Commodity stocks have been extremely weak of late and one of the major causes of the weakness in the markets. Pessimism on the global economy has fueled fear of a major drop in demand for oil, copper, steel and others. Stocks...

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After Early Weakness, Markets Fly Higher

The markets gapped higher and sold sharply into key comments by Ben Bernanke.  Within minutes of those comments, the market started to rip higher and was off to the races.  I will explain why. The market had sold into the close...

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XOM Trades Higher. Watch This level.

XOM is the leading energy stock in the stock market. This stock has the largest market capitalization around $305 billion and is a major market mover. Today XOM is trading higher by 0.26 cents to $58.73. Earlier the stock traded...

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Goldman Sachs Still Declining

GS is a leading financial stock that has not bounced with the market indexes today. GS will have short term intra-day support around the 137.65 area. Rarely will the markets rally without this stock participating.

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UNG Remains Weak Despite Market Bounce

The U.S. Natural Gas ETF (UNG) is still very weak today trading lower by 0.12 cents to $6.33. The UNG will have short term support around the $6.30 level intraday. However, the daily chart still has a bearish pattern and the...

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