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Author: InTheMoneyStocks

Will the “Friday Effect” Save the Day?

This week has been a brutal decline for the major stock indexes such as the S&P 500, NASDAQ, and the Dow Jones Industrial Average. Yesterday the market indexes followed through to the downside declining even further closing...

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Typical Aftershock Action So Far

Yesterday was a nasty sell day anyway you slice it or dice. The severe point decline in the major indexes yesterday did cause a lot of technical damage on the daily charts. Whenever the Dow Jones Industrial Average closes lower...

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TXN Is Trying To Trade Higher

TXN is a leading technology stock and often veiwed as a very important stock for the chip sector. This morning the stock is trading lower by 0.47 cents to $24.50. While the stock is trying to form an intra-day higher low pattern...

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Gold Miners Soar Early

This morning the major stock market indexes are all starting under pressure. However, gold and gold miners are trading sharply higher this morning to start the session. The move higher in the gold sector comes as many investors...

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Big Support $109.50 Area On The SPY

Solid support showing on the intra day SPDR S&P 500 ETF (NYSE:SPY) chart at $109.50.  Watch this level closely.  Massive drop on the markets off the InTheMoneyStocks.com turn date.  Chief Market Strategists continue to nail...

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FCX Gets Slammed

FCX is the leading copper stock in the stock market and often looked upon as an economic barometer. Today FCX is trading lower by $2.79 to $70.42. On a day when the U.S. Dollar is trading sharply higher and most commodity stocks...

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