Track Record
FB 4 (+5%) Z 9.76 (+10%) SCTY 5.25 (+11%) DD 2.65 (+4%) DVN -4.5 (-7%) TAN 4 (+12%) FEYE 4.2 (+17%) PEIX 2.2 (+23%) IBB 12 (+4%) QQQ 5.5 (+6%) SPY 9 (+5%) NTAP 2.51 (+6%) BIDU 12.54 (+6%) IYT 6.4 (+4%) SGG 2.33 (+5%) Options: MCP 0.23 (+57%) PSX -3.91 (-5%) BIDU 10 (+5%) SMH 1.82 (+4%) SYMC 1.13 (+5%) URBN 2.28 (+5%) Options: SWN 0.22 (+22%) SDRL -3.39 (-11%) CORN -3.02 (-11%) TMUS 1.23 (+4%) SWN -3.76 (-9%) SINA 0.25 (+1%) NUS 3 (+7%) CLF 1.31 (+9%) DNDN 0.22 (+16%) LUV -3.3 (-11%) CGA 0.6 (+20%) S 0.52 (+9%) X 2.45 (+6%) PHO 1.25 (+5%) FXE -2.95 (-2%) VXX 0.57 (+2%) YHOO 2.05 (+6%) DIS -6.2 (-7%) VXX 2.1 (+7%) SINA 2.4 (+4%) EWG 0.94 (+3%) BRK.B -5.1 (-4%) SPY 0.56 (+1%) Options: WFM 0.41 (+16%) EWC 1 (+3%) HIMX 0.57 (+9%) CVX 1.55 (+1%) UNG 0.07 (0%) Options: HPQ 0.3 (+34%) MMM 2.2 (+2%) FXC 0.6 (+1%) TBT -4.92 (-8%) IYT 4.3 (+2%) USO 0.62 (+1%) AXP -3.37 (-3%) CMG -77.75 (-13%) QCOM 3.55 (+4%) ORLY 3.9 (+3%) KO -1.74 (-4%) SNDK 10.65 (+10%) MA 3.42 (+5%) IBB 11.5 (+4%) CSCO 0.22 (+1%) RDY 3.36 (+8%) HDGE -0.57 (-5%) DD 2.4 (+4%) Options: CVX 0.18 (+12%) MU 0.8 (+2%) INTC -1.99 (-7%) VXX -5.5 (-15%) CLF 0.34 (+2%) FB -6.34 (-11%) TJX 0.78 (+1%) BA 4.9 (+4%) Options: IYT 0.4 (+26%) Options: DAL 1.05 (+100%) IYT -8.9 (-6%) CVX 2.2 (+2%) GE -0.48 (-2%) TWTR 2 (+6%) UNH 3.24 (+4%) TSN 2.2 (+5%) IWM 6.3 (+5%) WHR 8 (+5%) VXX -4.05 (-10%) FEYE -9.35 (-26%) CRM 2.64 (+5%) DANG 1.05 (+10%) WFM 0.51 (+1%) QCOM 4.35 (+5%) IBB 22 (+10%) NFLX 22 (+7%) SH 0.27 (+1%) IWM 5.35 (+5%) RIG 0.63 (+2%) MOS 0.77 (+2%) VXX 2.3 (+6%) NFLX 16.4 (+5%) GLD 1.75 (+1%) COG 1.07 (+2%) LNKD 17 (+11%) P 2.35 (+9%) VXX 2.2 (+5%) DDD 4.67 (+8%) FDX 2.46 (+2%) YHOO 3.6 (+9%) ADBE 2.62 (+4%) WDC -7.75 (-9%) PCLN 51 (+4%) FB 5.65 (+8%) AUY -1.34 (-13%) JJC 0.56 (+1%) SPY 1.6 (+1%) USO 0.37 (+1%) JO 3 (+8%) PCLN 42 (+3%) GILD 7.5 (+9%) PLUG 0.6 (+10%) PRGO -13.3 (-9%) VXX 2.4 (+5%) CORN 1.75 (+6%) BBBY 2.53 (+4%) TGT 0.00 (0%) HAL 0.4 (+1%) FCX 0.66 (+2%) MCP 0.32 (+7%) SINA 3 (+5%) PBR 0.56 (+5%) BA 5 (+4%) JCP -1.35 (-21%) PCLN 25 (+2%) BA 2 (+2%) ANF 2.3 (+7%) F 0.76 (+4%) AMZN 15 (+4%) VXX 3 (+7%) YHOO 2.17 (+5%) WYNN 3 (+2%) HAL 0.25 (+1%) AUY 0.6 (+7%) ROSG 0.95 (+30%) SINA -6.24 (-7%) TWTR 12 (+17%) ABIO 0.67 (+43%) CCXI 1 (+19%) TWGP 0.72 (+29%) TWTR 2.5 (+3%) NEWL 0.3 (+17%) WPRT -1.25 (-6%) ECTE 0.58 (+21%) FB 4.11 (+9%) CELG -15.66 (-10%)


Rant & Rave Blog

Volume, The Underutilized Voice Of Market Direction

Posted by InTheMoneyStocks.com Friday, September 11, 2009, 08:00PM ET

Read 164 times

Volume, The Underutilized Voice Of Market DirectionThe Pro Traders at ITMS utilize a set of tools that enable them to remain on the right side of the trade more often than not. The understanding of volume is an important tool in their trading kit. Unlike most indicators and oscillators, volume is real time and does not lag. Therefore, it must be incorporated, and considered on all time frames, for all trades.


The Chart below displays how a long period of gains on light volume preceded a large decline in February of 2007. As the Pro Traders say, light volume always favors the upside. Interestingly today, Tuesday, September 8th, 2009, was the lightest volume of the year and the last month has been the lightest trading volume in the last couple years in total. Watch for the direction in this market when true volume returns. That could be the real key to where this market is headed.





 
There is only one way to be the best, learn from them!

Research Center = PROFITS!!

Posted by InTheMoneyStocks.com Thursday, September 10, 2009, 08:00PM ET

Read 161 times

Research Center = PROFITS!!
The Numbers Do Lie – Corporate America Trying To Pull The Wool Over Your Eyes

Posted by InTheMoneyStocks.com Thursday, September 10, 2009, 08:00PM ET

Read 1073 times

The Numbers Do Lie – Corporate America Trying To Pull The Wool Over Your EyesAs earnings season is now in full swing, I cannot help but analyze the earnings results from countless companies. So far the markets have rallied 10% in just the last two weeks. Most earnings have blown through estimates. It has been a meteoric rise, the markets blasting up through the double top from mid June. Things seem to be rosy once more on Wall Street. Talk of a recovery, V-bottom and the next monster bull market are now spewing from the media.

Be afraid. Main Street is having a major disconnect from Wall Street. Along with Wall Street, our government, Federal Reserve and the media are too blame. The wool is been pulled over your eyes!

While the markets continue to soar, I sit back and shutter. Why you ask? Because for those of us that really analyze the numbers, it is a very scary thing to behold. For the common investor, they will simply look at the earnings per share and do their P/E calculations. This tells them whether or not a stock is cheap relative to the S&P historic multiples. If it were only that simple these days.... Accounting changes for financial firms have given them the ability to knock the earnings out of the park. Recently, JP Morgan Chase (JPM) and Goldman Sachs (GS) both blew away estimates. However, does anyone really wonder what the accounting changes actually did to these numbers? Why AIG was saved? Or look at the credit card defaults and risk these companies face going forward? Or better yet, does anyone note the new risks companies like Goldman Sachs are now undertaking in order to turn such big profits? I continue to shutter. The next disaster may be in the works.

While the financial companies are in a league of their own when it comes to earnings, I am here to discuss the earnings of other companies, non financial firms.

What has me so scared for the next two years? While most companies are blowing out earnings per share (EPS) numbers, they are missing on revenue. So how are they able to beat on earnings but then miss on revenue? Simple. Cutting costs. Now think about this. How are they cutting costs? Obviously, as the unemployment numbers tell us, they are cutting jobs. In addition, they are cutting out projects that were not profitable, buying less inventory, trimming the fat in other words. While this is a smart thing to do to make these companies more efficient, in an economy that has unemployment spinning out of control, it may not be the best scenario. Each person that is laid off spends less money. With less money spent by that one person, the trickle down effect is drastic. Imagine how each person with a job spends a certain amount, each place they spend, someone else must work and is paid. They spend, others need jobs and the cycle continues. So imagine the effect of just one layoff.

In addition, cutting costs can only go so far. Think of it as a company on steroids in the near term. Yes, they look very strong but wait until certain things start to shrivel or the steroid supply ceases. This is right around the corner, once cost cutting can go no further. Eventually, there is nothing left to cut. So while earnings are blowing away estimates, the real key is to watch the revenue numbers. Within a quarter or two, earnings will start to lag as revenue continues to decline and there are no more costs to cut.

In many ways it is a double edged sword. Near term, the earnings are blowing out expectations, but as a result of the cost cutting, unemployment is spiking higher. This will cause the recession to last much longer. As I have pointed out, cutting costs to boost earnings is not showing the true nature of a company.

To give proof of this you only have to look at the earnings over the past couple weeks. Pick out any handful of companies that reported earnings. Most have blasted through earnings yet revenue was in line or missed.

Let's start with EI DuPont de Nemours & Co. (Symbol: DD). Analysts had projected that they would make $.53 on $7.10 billion in revenue. The stock reported earnings excluding items of $0.61 which beat estimates. However, revenue came in light at $7.09 billion.

Next, let's take a look at Coca Cola (Symbol: KO). Analysts estimated they would make $1.00 per share while raking in $10.95 billion in revenue. The company reported earnings per share at $1.02, beating by $.02 but revenue missed, coming in at $10.59 billion.

Last, take a look at Chipotle Mexican Grill (Symbol: CMG). Analyst expected earnings of $.88 per share on revenue of $391.2 million. When the company reported, they blew the earnings out of the water at $1.10 per share. However, revenue again came in light at $388.8 million.

These are just a few of the many earnings beats but revenue misses. As of now the market has swept the revenue misses under the rug. A rally on hope and ignorance continues. It will only last so long. The average investor has no clue as the media is pumping the recovery and the great earnings results. The cost cutting can only last another quarter or two and it will level off. After that, earnings could see a massive plunge. Contrary to many, I see no recovery starting yet. As long as the unemployment rate climbs, people will hold back from spending, not buy houses and continue to struggle to pay their bills.

Unfortunately, earnings numbers do lie and the wool is being successfully pulled over the average investors eyes. They have bought in, hook, line and sinker, putting their hard earned money at what could be a major top.


By: Gareth Soloway
President & CFO
InTheMoneyStocks.com

Weekend Technical Guidance Video - Stock Market Morphing?...Alerting To A Possible Major Move

Posted by InTheMoneyStocks.com Friday, July 31, 2009, 08:00PM ET

Read 171 times

Weekend Technical Guidance Video - Stock Market Morphing?...Alerting To A Possible Major Move

RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd
 
Disney Profit Declines 26%

Posted by InTheMoneyStocks.com Thursday, July 30, 2009, 08:00PM ET

Read 143 times

Disney Profit Declines 26%Walt Disney Co.said Thursday that its third fiscal quarter profit declined 26% on a decrease in advertising sales at Disney's television networks, lower DVD sales and gains impacting the same quarter a year ago. The company earned $954 million or 51 cents a share, compared with a profit of $1.29 billion or 66 cents a share a year ago. Revenue fell 7% to $8.6 billion from $9.24 billion.
Disney Downgraded By J.P. Morgan

Posted by InTheMoneyStocks.com Thursday, July 30, 2009, 08:00PM ET

Read 160 times

Disney Downgraded By J.P. MorganJ.P. Morgan cut their rating on Walt Disney Co. to underweight from neutral and set a December 2010 price target on Disney shares of $22.
GDP Falls 1%

Posted by InTheMoneyStocks.com Thursday, July 30, 2009, 08:00PM ET

Read 153 times

GDP Falls 1%The U.S. economy contracted at a slower than expected pace in the second quarter. Gross domestic product, which measures total goods and services output in the U.S. fell at a 1% annual rate. Analyst had expected a fall of 1.5%.
Futures Drop On GDP Number But Friday Light Volume Could Keep Markets Neutral

Posted by InTheMoneyStocks.com Thursday, July 30, 2009, 08:00PM ET

Read 157 times

Futures Drop On GDP Number But Friday Light Volume Could Keep Markets Neutral

RealTick graphics used with permission of Townsend Analytics, Ltd. ©1986-2009 townsend Analytics, Ltd. All Rights Reserved. RealTick is a registered trademark of Townsend Analytics, Ltd
Chevron Net Income Falls 71%

Posted by InTheMoneyStocks.com Thursday, July 30, 2009, 08:00PM ET

Read 146 times

Chevron Net Income Falls 71%Chevron said second quarter net income fell 71%. The earnings dropped to $1.75 billion, or 87 cents a share, from $5.98 billion, or $2.90 a share a year ago.
Chicago PMI Strengthens In July

Posted by InTheMoneyStocks.com Thursday, July 30, 2009, 08:00PM ET

Read 142 times

Chicago PMI Strengthens In JulyManufacturing activity improved for the second straight month in the Chicago region in July. The Chicago PMI rose to 43.4% in July form 39.9% in June. The index has been improving since hitting an all time low in March.
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