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

Copper Market Sees Surplus

Posted by InTheMoneyStocks.com Tuesday, July 14, 2009, 08:00PM ET

Read 153 times

Copper Market Sees SurplusThe global copper market recorded a surplus of 90,000 metric tons during the first five monthe of the year, compared with a deficit of 170,000 metric tons the same period a year ago.
Oil Closes Above $61

Posted by InTheMoneyStocks.com Tuesday, July 14, 2009, 08:00PM ET

Read 148 times

Oil Closes Above $61Crude oil futures rose Wednesday for the first time in four sessions, climbing above $61 a barrel as government data showed a bigger than expected drop in crude inventories. Crude for August delivery gained $2.02 to end the session at $61.54 a barrel, the highest settlement price since July 7.
Major Trend Line On Watch Late In The Trading Day. This Will Be Key Tomorrow As Well

Posted by InTheMoneyStocks.com Tuesday, July 14, 2009, 08:00PM ET

Read 161 times

Major Trend Line On Watch Late In The Trading Day. This Will Be Key Tomorrow As Well

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
Interview: Top Strategist Who Helps Put The Money... InTheMoneyStocks.com!

Posted by InTheMoneyStocks.com Tuesday, July 14, 2009, 08:00PM ET

Read 353 times

Interview: Top Strategist Who Helps Put The Money... InTheMoneyStocks.com!
 
CIT Talks Fall Apart

Posted by InTheMoneyStocks.com Tuesday, July 14, 2009, 08:00PM ET

Read 178 times

CIT Talks Fall ApartCIT Group said on Wednesday that talks with the government to bail out the company had ended, a development that could make bankruptcy likely.
NEW: Free Premium Archives!

Posted by InTheMoneyStocks.com Tuesday, July 14, 2009, 08:00PM ET

Read 190 times

NEW: Free Premium Archives!

Inside The Markets: Is Exxon Mobil Telling Us Something?

Posted by InTheMoneyStocks.com Tuesday, July 14, 2009, 08:00PM ET

Read 174 times

Inside The Markets: Is Exxon Mobil Telling Us Something?The rally has lasted just a few days but it has already changed the mindset of the media and average investor.  Last week it was panic, could the market retest the lows from early March, now it is whether or not the S&P 500 will hit 1000 by the end of the week.  The sentiment and psychology of the markets is changing more quickly than ever.  Technology has made that possible, as the media streams through every avenue of our daily lives.  As quickly as the markets and individuals were falling off a cliff, the charts told us the market was going to rally off a pivot called last Friday by Chief Market Strategists at InTheMoneyStocks.com.  Now the rally has started and the bullish sentiment is nearing the highs.  Is the market going to sell hard or continue to new highs of the year?

One piece of information I wish to discuss is the head and shoulders patterns that were so easily picked up by the media. The media hyped the head and shoulders so much it was destined to fail.  This is another classic psychological trick and something I utilize in a contrarian manner.  If too many people know about a bearish pattern, it will fail because too many people jump on the short side.  Think of a see-saw or a scale.  For the markets to stay perfectly still, at all times there must be an equal amount of longs and shorts.  As soon as that becomes distored, the markets will swing the opposite way of the larger group.  The head and shoulder pattern on the SPY and S&P 500 failed with the monster move Monday.  This pattern failed as soon as the neckline was closed above.  This happened as of Monday's close.  Frankly, there were just too many people short/holding puts. See chart below.


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

While this pattern failed, tricking all the shorts, catching the put holders off guard on options expiration week, it may not be the end of the wild swings.  The only chart not to negate the head and shouldrs breakdown is XOM. As of the close of trading today, XOM closed on the neckline. See chart below.
 

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

A close higher today, and it would have negated the pattern.  So this leaves us to question.  Does this tell us something about tomorrow?  Does this tell us something about the next few days?  XOM is a leading stock.  It carries a lot of weight and maybe, just maybe, it is telling us something.   All of a sudden the markets are ripping higher again, the closely followed bearish pattern on the S&P 500 has failed signaling a bullish move.  However,  the little talked about head and shoulders pattern on XOM is still intact.  Should we be worried? Only time will tell.    Pattern tells us the future, learn it and profit. 

By: Gareth Soloway
President & CFO
Chief Market Strategist
InTheMoneyStocks.com
J&J Reports Lower Earnings

Posted by InTheMoneyStocks.com Monday, July 13, 2009, 08:00PM ET

Read 190 times

J&J Reports Lower EarningsJohnson & Johnson reported its second quarter net income dropped to $3.2 billion, or $1.15 a share, from $3.3 billion, or $1.17 a share for the same quarter a year ago. The number of outstanding shares fell to 2.78 billion from 2.85 billion. Revenue declinde 7.4% to $15.2 billion.
Goldman Sachs Profit Rises

Posted by InTheMoneyStocks.com Monday, July 13, 2009, 08:00PM ET

Read 186 times

Goldman Sachs Profit RisesGoldman Sachs Group said that its second quarter net income rose to $3.44 billion, or $4.93 a share compared to $2.05 billion or $4.58 billion a year ago. Analysts had expected the company to earn $3.54 a share in the quarter. Net revenues were $13.76 billion in the second quarter, compared to $9.42 billion last year.
Producer Prices, Retail Sales Rise

Posted by InTheMoneyStocks.com Monday, July 13, 2009, 08:00PM ET

Read 190 times

Producer Prices, Retail Sales RiseCommerce Department data showed sales at U.S. retailers rose 0.6 percent from a month earlier. Producer prices jumped 1.8 percent last month. Retail sales were up 0.3 percent.
Google+
Disclaimer: All comments made by InTheMoneyStocks, LLC and its subsidiaries, instructors, and representatives are for educational and informational purposes only and should not be construed as investment advice regarding the purchase or sale of securities, or any other financial instrument of any kind. Please consult with your financial adviser before making an investment decision regarding any securities mentioned herein. InTheMoneyStocks, LLC and its representatives assume no responsibility for your trading and investment results. All information on the website was obtained from sources believed to be reliable., but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. InTheMoneyStocks, LLC, its employees, representatives and affiliated individuals may have a position or effect transactions in the securities herein and or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. Trading of any type involves a very high degree of risk. Futures and Options trading are not suitable for all investors. Past results are not indicative of future results. InTheMoneyStocks, LLC, its subsidiaries and all affiliated individuals assume no responsibility for your trading and investment results.