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

GOOG Drops After Earnings While IBM Trades Slightly Higher

Posted by InTheMoneyStocks.com Wednesday, July 15, 2009, 08:00PM ET

Read 183 times

GOOG Drops After Earnings While IBM Trades Slightly HigherGOOG reported earnings that did not quite meet expectations of the whisper number.  Shares dumped after hours as noted below in the level II.  IBM reported stellar earnings but is only trading slightly higher after a 10% gain in the previous few sessions.  Basically, these amazing earnings were mostly factored in the current price of IBM.  One last tidbit.  The late day rally was attributed by many media outlets and TV stations to Rubbini saying the worst was behind us and the recession would be over by year end.  He has now come out and said he did not make those comments and actually made some pretty ugly predictions going forward.  Once again, the media takes falty information and runs with it.  Trust the charts folks, use our Research Center to get around all the junk.  See you soon!


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
From The Mind Of A Pro Trader - Convince Yourself Not To Buy It

Posted by InTheMoneyStocks.com Wednesday, July 15, 2009, 08:00PM ET

Read 167 times

From The Mind Of A Pro Trader - Convince Yourself Not To Buy ItOver the years I have found myself being gradually refined, on my way from being an amateur to a pro trader. As time passes and I trade amongst beginners, I find more and more differences that stand out. This is the normal progression showing itself in any trader over the course of their trading career. From amateur to pro, each of us will learn a vast amount of rules and lessons. In fact, as a trader you will never cease to refine your technique and learn new lessons. I wish to convey one of the biggest differences and rules I have learned. It is quite possibly the most notable difference I see when discussing a trade with those less seasoned than I.

Throughout the day, I search literally hundreds of charts to try and isolate the best/optimal patterns and setups for a profitable trade. When I glance at a chart my mind is racing through hundreds of pattern, price and time setups to see if one fits a possible trade. The amateur will isolate a chart and the first thing they are thinking about is the profit. This is the key difference with seasoned trader. When I look at a possible trade, my eye is scouting the chat for how much I could lose. I look at the pattern, moving averages, time of day along with many other possible issues. I am looking at my max loss before I even think about the profit. Once I have isolated my max loss and risk of the trade, then I move on to the profitable side to see if the risk reward fits. This is extremely important to do as a pro trader is concerned not what they will make at first, but what they will not lose. Think about it like a parent. A parent’s eye is scouting a park for possible things their child could hurt themselves on before they let their child go play. Often times an amateur trader is too caught up in the emotion of making money that they will forget to examine the downside risk and focus purely on the upside. This is disastrous.

When I find a trade that looks promising, I do my best to convince myself NOT to buy it. I make myself give 3 reasons NOT to buy this chart. If I cannot come up with any, I may take the position. This mentality is opposite of an amateur. I know this, I used to be one.

By Gareth Soloway,
www.InTheMoneyStocks.com
The Leader In Market Technical Guidance

U.S Futures Point To A Strong Open

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

Read 168 times

U.S Futures Point To A Strong OpenAn upbeat report from Intel has U.S. futures poised for a strong opening. Alot of economic data is due out today. June consumer prices, capacity utilization and industrial production. Also due out are the FOMC minutes which are expected at 2pm
Gold Rises Above $930 An Ounce

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

Read 173 times

Gold Rises Above $930 An OunceGold futures rose Wednesday for a third session in a row, climbing over $930 an ounce for the first time in a week. August gold futures rose $12 to $934.80 an ounce in early trading.
Mortgage Applications Rise

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

Read 175 times

Mortgage Applications RiseU.S. mortgage applications rose for a second straight week, driven by a rise in demand for refinancing loans as interest rates fell. However home purchase loans fell to its lowest level since late May. The 30 year fixed rate mortgage rate averaged 5.05 percent, down 0.29 percantage point from the previous week.
CPI Rises

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

Read 197 times

CPI RisesThe Labor Department said the rise in the Consumer Price Index was the largest since July 2008. Analysts had forecast a 0.6 percent increase, compared with the 0.1 percent gain reported in May. The index rose at a slightly higher than expected 0.7 percent in June.
Futures Roar Higher On Intel Corp (INTC) Earnings. Oil Higher On Demand. Watch Major Levels

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

Read 189 times

Futures Roar Higher On Intel Corp (INTC) Earnings. Oil Higher On Demand. Watch Major Levels

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

Master Level From Major Gap Fill In Play

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

Read 181 times

Master Level From Major Gap Fill In Play

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
SPY RESISTANCE LEVELS LOOK SOLID INTRADAY

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

Read 196 times

SPY RESISTANCE LEVELS LOOK SOLID INTRADAY
Today's Market Movers

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

Read 208 times

Today's Market MoversAdvancers

ALU +12.50%
ALTR +5.50%
GCI +19.48%
INTC +6.54%


Decliners

FSC -6.07%
JNS -3.58%
YUM _5.65%

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