Author: InTheMoneyStocks

Today the government job report was a disappointment. The housing market has been slumping since the government tax credit has expired. The 10 year Treasury yield is under 3.00 percent which tells us that money is still going...

The popular and highly traded GLD also known as the gold ETF is trading higher by $1.25 to $118.23. This morning the major stock market indexes have inflated higher after the dissappointing job report. However, the U.S. Dollar...

This morning the Labor Department released the July non-farm payroll report and the major stock indexes have reacted very negative initially. This morning the SPDR S&P 500 ETF (NYSE:SPY) is trading lower by $1.06 to...

Today the market indexes have been in a long sideways range inching higher off the intra-day lows. The overall volume is extremely light as the highly traded SPDR S&P 500 ETF (NYSE:SPY) has traded just 103 million shares as...

Major moves over the last month have left many oil stocks extremely extended in the short run.  If you take a look at charts like Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM), ConocoPhillips (NYSE:COP) and...

The markets received the Jobless Claims report this morning at 8:30am ET.  This number was poor, showing an increase in filings for unemployment to 479,000 last week.  Economists had expected a number in the range of 450,000...

Yamana Gold inc is trading slightly higher on the trading session by 0.9 cents to $9.81. This mining stock will have intra-day resistance around the $9.90 level and more intra-day resistance around the $10.00 level.

This morning the major stock market indexes are slightly under pressure after the weekly initial jobless claims report was slightly worst than expected. While this economic news is important most traders and investors will have...

Goldman Sachs Group Inc is trading lower this morning by $1.37 to $155.08. This stock has rallied sharply since the company settled fraud charges with the SEC. Goldman will have intra-day support around the $154.40 area and more...

BAC is a leading financial stock that is showing weak relative strength today comapred to the major stock indexes. The stock will have short term intra-day support around the $14.00 – $13.95 area. This could be a short...