All Posts (10731)

Sort by
By ITMS News on April 10th, 2010 1:44pm Eastern Time "Methodology Revealed" Webinar Is Being Held Right NOW As of this very moment, Novice and Experienced traders and investors are advancing their knowledge to that of the Pros! They are learning the key profit making tool and tactics that no one else teaches to the public. If you missed this webinar, don't fret! There will be another "Methodology Revealed" Webinar scheduled for next month! Keep an eye on our page: Education, Seminars, Webinar and take note of the next webinar date - Plan Ahead, Reserve You Space ASAP, Learn What No One Else Is Teaching, Dominate The Markets! http://www.inthemoneystocks.com/education.php
Read more…
Higher Highs + Higher Lows -> Upside bias to price discovery LH's + LL's -> Downside "" "" LH's + HL's -> Consolidation HH's + LL's -> avoid Prev. High ~= Recent High / Prev. Low ~= Recent Low -> Rangebound It's more of an art than a Science very wise words from Mr Gecko http://www.trade2win.com/boards/swing-position-trading/88974-how-tell-if-market-ranging-trending.html#post1100700
Read more…
By Nicholas Santiago on April 9th, 2010 4:06pm Eastern Time The volume has been absolutely dead for the month of March and April so far. This is unusual because the months around the spring and fall equinoxes are usually the heaviest volume times of the year. However, next week is the start of the earnings season, therefore, volume and volatility may pick up. On Monday, April 12th, Alcoa Inc. (NYSE:AA) will report earnings after the bell. This is usually not a big market mover; however, it did cause a reaction last quarter when it reported earnings. April 13th, the tech bellwether stock Intel Corp. (NASDAQ:INTC) will report earnings. This stock may not see a big reaction in its own stock; however, it will usually move the technology sector. Therefore, Intel Corp is very important and should be watched closely. J.P. Morgan Chase & Co. (NYSE:JPM) will report on Wednesday, April 14th. This stock is a leading financial stock and a market leader. This stock will certainly be a market mover especially for the financial sector. J.P. Morgan Chase and Co. has already had a huge rally and their expected positive numbers could already be priced in. However, financial stocks have lead the markets higher since February 5th, 2010 and remain in an uptrend. Google Inc. (NASDAQ:GOOG) will report earnings on Thursday, April 15th. This is a big one and should stir up the markets. Recently Google Inc. pulled out of China and many investors are still unsure how this will affect the company going forward. Google Inc. is a leading technology stock and a market mover. Finally, on Friday, April 16th before the opening bell at the New York Stock Exchange the financial giant Bank of America Corporation (NYSE:BAC) will report their earnings. This earnings report will be very important and should at least move the markets early in the session. April 16th, will also be options expiration and the market will usually slow down after the first 2 -3 hours of the trading day. Next week will be very interesting as volume and volatility should pick up. The week during options expiration is always choppy and volatile; therefore, expect some wild action as opposed to the recent activity. Nicholas Santiago Chief Market Strategist www.InTheMoneyStocks.com
Read more…

The Trick Of DOW 11,000: How The Game Is Played.

By Gareth Soloway on April 9th, 2010 12:25pm Eastern Time DOW 11,000 is closing quickly. Today is Friday, light volume continues to plague the markets and this makes it a perfect opportunity for the "powers that be" to push the DOW over 11,000. As of now we are hovering within an jump of that key level. To understand the reasoning behind DOW 11,000, one must understand the markets over the last year. As volume has been suppressed, the markets have turned into somewhat of a game by large banks, the U.S. Government and of course the Federal Reserve. Ben Bernanke has a theory and he is putting it to the test. Make the U.S. consumer believe a recovery is underway and a recovery will happen. In other words, fool the public, making them believe there is a recovery of epic proportions and the consumer will go spend, spend, spend. The spending will in fact create the recovery. Why does this have anything to do with DOW 11,000? Often times, you will notice, major levels on the DOW are hit on Friday's. The understand this theory, think of when most consumers do their shopping. Yes, the weekend. To have the consumer spend the most money, key levels on indexes must be breached on Friday's. By doing this, the news pumps the level, consumers see this and feel more confident in spending money on the weekend. DOW 11,000 on Friday makes for a beautiful headline. It is truly a test of the Ben Bernanke theory. Let's hope it works for all our sakes. If it fails, we are even worse off than when we started just a few years ago. Trillions in stimulus have been pumped into the system to lift the markets and for that to be in vain would be a shame. The markets are hovering near their highs at lunch time. The U.S. Dollar has been hammered keeping the inflatable flotation device, also known as the markets, higher regardless of a downgrade to the debt rating in Greece. Stocks carrying the markets today are clearly Exxon Mobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX). XOM is up 1.50% while CVX is higher by 2.15%. Monstrous moves from two stocks in the DOW. Other leaders in the DOW are AT&T Inc. (NYSE:T), up 1.10%, Caterpillar Inc. (NYSE:CAT), up 1.25%, The Coca-Cola Company (NYSE:KO), The Walt Disney Company (NYSE:DIS), up a whopping 3.10%. These DOW components are lifting the index closer and closer to the infamous 11,000 level. One small buy program late in the day should send us over that magic number for the big headlines at the close and all weekend long. On Monday, prepare for earnings to begin. Alcoa Inc. (NYSE:AA) which is -2.90% on the day is reporting earnings after the close. They are expected to make $0.12 per share and the whisper number has now been trimmed to just $0.08. Expectations have been lowered on AA greatly in the last few weeks. Watch this one closely, to shape trading on Tuesday. Gareth Soloway Chief Market Strategist InTheMoneyStocks.com To get more in-depth analysis, along with exact entries/exits, swing trades, and scalp trades, join our Research Center or Intra Day Stock Chat NOW and join the ranks of the Pros!
Read more…
DAILY CRB CHART Index (23 commodities) http://chart.ly/kqqkhy failed to break above the right shoulder resistance of 280, which corresponds with the 61.8% retracement of the decline from the December high to the February low. The CRB is based on 23 commodities, but is dominated by WTI crude (23%), followed by natgas, gold, copper, corn each of which has 6% share in the basket. We continue to draw attention towards oil prices and their expected underperformance relative to gold and metals. This helps support expectations for a short-term slide in CAD vs. USD, GBP.
Read more…

By InTheMoneyStocks on April 9th, 2010 10:15am Eastern Time The U.S. Dollar Index has declined sharply just as the opening bell rang at the New York Stock Exchange. This dollar decline normally takes place everyday once the markets opens. It is important to remember that a weak dollar will benefit most commodities and inflationary stocks.
Read more…

The U.S. Dollar Did it Again

By Trader X on April 8th, 2010 3:02pm Eastern Time Nearly everyday the U.S. Dollar will decline once the New York Stock Exchange rings the opening bell. This decline in the dollar will often lift most commodity and inflationary stocks. As mentioned in this mornings 9:37 am EST blog post even financial stocks and everything else will now catch a bid when the dollar declines. Note the dollar dropped at the open today.
Read more…
ALTHOUGH GREEK 10-year bond yields have soared to a record 472 bps above their German counterpart (SEE CHART http://chart.ly/cfyrsp ), the rise in Portuguese and Spanish spreads has been limited to 2-month highs, half the level of the record highs reached in late January. EUR is increasingly victimized by Athens periodic manoeuvrings to raise 13 bln by end of next month, yet markets remain wary of recent funding developments. The chart http://chart.ly/cfyrsp illustrates the palpable divergence between the EURUSD exchange rate and the S&P500. What was a positive correlation between two legitimate representations of risk appetite, has now turned into a -0.48 daily correlation, the biggest negative correlation since May 2008. Year-to-date, EUR is the worst performing currency out of a group of 35 currencies, falling 7% against USD and as much as 10% against the Aussie. The road to $1.30 remains intact.
Read more…