Author: InTheMoneyStocks

One of the best and most simple patterns to find is the double top. While most intraday double tops will be a good resistance level and a possible intraday scalp area they are not all created equal. As traders all we look to do...

Industrial production numbers from China came out very strong with a year over year gain on the monthly number of 19.2%.  In addition, U.S. Retail Sales numbers were very strong.  This gave the market a solid gap...

Frictions between the United States and China continue to escalate in what looks to be an inevitable all out trade war. Over the past year or so, China has continually signaled their displeasure with the US and their weak dollar...

I cannot help but watch this market like I am watching a cheesy horror movie which is both disgusting, funny and scary all rolled up into a perfect 90 minutes. The problem is, this 90 minute horror flick seems like it is lasting...

Citigroup(NYSE:C) is expected to pay back the TARP money soon. They have been rumored to raise capital by issuing a huge secondary offering. This is similar to what Bank of America(NYSE:BAC) just completed. Citigroup is expected...

There has been a major change in the dollar over the last few days. Today it is the most apparent of all.  Early this morning the dollar was much weaker.  Just before the US markets opened, Spain was dropped to...

One of the most volatile days came to an end on Friday. The markets initially reacting to the amazing jobs report of just 11,000 jobs lost in November. Then, selling hard as the dollar began to squeeze. So where is this market...