Author: InTheMoneyStocks

The markets have rallied beautifully today on light volume and positive earnings and buyout news.  Walmart reported great numbers and raised guidance while Home Depot reported better than expected numbers as well. Both stocks...

The markets moved sharply higher on a weaker dollar and solid earnings from Wal-Mart Stores, Inc. (NYSE:WMT) and The Home Depot, Inc. (NYSE:HD) and a buyout offer for Potash Corp./Saskatchewan (USA) (NYSE:POT) for $130.00 a...

United States Steel Corp (NYSE:X) is trading sharply higher by 1.95 to $47.37. The stock should face very good intra-day resistance around the $47.75 – $48.00 level. This is a likely intra-day pullback area for the stock,...

TXN is a leading technology stock that is trading higher by 0.28 cents to $24.81. This $28.80 area is short term intra-day resistance. However, the next resistance area at $25.00 looks to be a stronger resistance level...

The GLD which is the popular gold tracking ETF is trading slightly higher by 0.15 cents to $119.88 on the session. There will be minor intra-day resistance around the 120.00 level and much more resistance around the $120.50...

This morning the two key economic reports were released. The first was industrial production and the second was capacity utilization. The numbers reported for both reports were slightly better than expected. The S&P 500...

CLF has been strong all trading session on the back of a weaker U.S. Dollar and a strong Chinese market last night. However, the stock has pulled back from it’s intra-day high. CLF will have good short term intra-day...

The transportation index is one of the most important sectors in  the stock market. Often traders and investors will look to the transportation index as a barometer of economic strength. Today the IYT is trading lower by 0.22...

The highly popular GLD has traded higher since the opening bell. This gold tracking ETF will have intra-day resistance around the $120.00 – $120.30 area. Since the Federal Reserve Bank meeting on August 10th, 2010 the GLD...

Amazon.com, Inc. (NASDAQ:AMZN) recovered quickly from sub par earnings and rallied higher just weeks ago.  It pulled back last week after hitting key resistance at $130.00.  The pull back took it to a beautiful support level on...