Author: InTheMoneyStocks

It was a beautiful day on Wall Street, the sun was shining, not a cloud in the deep blue sky. My day started just like every other day; wake up at 6am, catch the train into the city, in the office by 8am where I would have my...

Often many day traders use only a small time-frame in order to find their daily scalps.  Many day traders that we meet prefer the 1, 3, or 5 minute time frames.  Our motto is use whatever works as long as you are...

The VIX (CBOE VOLATILITY INDEX) has put in a very nice bottoming tail on the 60 minute chart. This tail was on heavy volume and could be signaling further upside to the VIX. Often the VIX rises when there is fear in the market...

One of the most common and best patterns is the double bottom pattern.  This is simply when the market seems to retest a low and then bounces higher off the low level.  It is important to watch for the double bottom...

Often when a stock cannot catch a bid or rally higher with the major indexes it is signaling weak relative strength. Stocks that have or signal weak relative strength compared to the market are good candidates to be sold short...

For nearly nine months the market averted big declines on Friday’s by usually finishing flat or slightly negative or positive for the day. However, the past two weeks we have seen major selloffs in the markets on...

This morning there was news out in the premarket that Warren Buffet’s firm Birkshire Hathaway was going to buy Burlington Northern(BNI) for a $25 dollar premium above the previous day’s closing share price.  BNI...