Author: InTheMoneyStocks

The markets are trading in normal late August fashion with most stocks flat to lower on extremely light volume.  There are a few standouts today that are higher and can be given the credit for keeping the markets flat instead of...

The markets gapped higher today only to fall to the flat line.  Volume is light as expected on this Monday in late August.  The SPDR S&P 500 ETF (NYSE:SPY) is trading down $0.10 on the day at $107.43.  Many large cap stocks...

Buyout rumors continue to swirl around the agricultural stocks after a hostile bid was place on Potash Corp. (NYSE:POT). BHP Billiton Limited (NYSE:BHP) bid $38 billion or $130.00 per share the fertilizer stock. Potash rejected...

Ever since the mining giant BHP Billiton (NYSE:BHP) made an offer to buyout Potash Corp (NYSE:POT) for nearly $39 billion the markets have seen takeover news nearly everyday since that announcement. Last week the computer maker...

So far today the ‘Friday Effect’ has taken over. As mentioned in the earlier post at 10:02 am EST the Dow Jones Industrial Average rarely declines sharply and closes under 100.00 points on a Friday. So far today the...

The GLD which tracks spot gold is trading off it’s intra-day lows and now is forming a consolidation pattern. This intra-day chart formation could lead to a short term intra-day move higher. The next important intra-day...

Corinthian Colleges, Inc. (NASDAQ:COCO) has been hammered lately. Fears over government regulation, oversight and a miss on earnings announced today have caused the stock to drop from a 52 week high of $20.29 to the low of the...

Research In Motion Limited (NASDAQ:RIMM) has sold sharply after breaking a major support line on the daily chart. That break down line can be seen on the chart below.  As the selling continues, Research In Motion is moving into...

WMT is showing some intra-day strength trading higher by 0.32 cents to $50.37. This stock should have short term intra-day resistance around the $50.60 – $50.69 area. This could be a possible short term pullback area for...

WFC has been a very weak stock as of late. On August 2nd the stock was trading at $28.50. Today this leading financial stock is trading lower by 0.57 cents to $24.80. WFC should have some short term intra-day support around the...