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

Market Technical Guidance Video - Royal Flush Taking Markets Higher But Resistance Nears

Posted by InTheMoneyStocks.com Wednesday, June 03, 2009, 08:00PM ET

Read 241 times

Market Technical Guidance Video - Royal Flush Taking Markets Higher But Resistance Nears

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.
QQQQ's MOVING INTO A SHORT TERM RESISTANCE AREA

Posted by InTheMoneyStocks.com Wednesday, June 03, 2009, 08:00PM ET

Read 208 times

QQQQ's MOVING INTO A SHORT TERM RESISTANCE AREA
Major Levels Of Resistance And Support On The SPY (Market)

Posted by InTheMoneyStocks.com Wednesday, June 03, 2009, 08:00PM ET

Read 273 times

Major Levels Of Resistance And Support On The SPY (Market)

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.

Crude Rises Above $69

Posted by InTheMoneyStocks.com Wednesday, June 03, 2009, 08:00PM ET

Read 284 times

Crude Rises Above $69Crude oil futures rose almost 5% as upbeat U.S. jobless claims and a bullish oil price forecast issued by Goldman Sachs boosted oil up. Crude for July delivery rose $3.03 to $69.15 a barrel.
Goldman Sachs Resistance Level $150 In Play

Posted by InTheMoneyStocks.com Wednesday, June 03, 2009, 08:00PM ET

Read 237 times

Goldman Sachs Resistance Level $150 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.
"TO BECOME A PRO, TRADE WITH A PRO"

Posted by InTheMoneyStocks.com Wednesday, June 03, 2009, 08:00PM ET

Read 243 times

"TO BECOME A PRO, TRADE WITH A PRO"




 
Market Surges Into The Close Ahead Of The Unemployment Rate

Posted by InTheMoneyStocks.com Wednesday, June 03, 2009, 08:00PM ET

Read 230 times

Market Surges Into The Close Ahead Of The Unemployment Rate

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.
U.S. Mortgage Rates Jump to Highest Since December

Posted by InTheMoneyStocks.com Wednesday, June 03, 2009, 08:00PM ET

Read 241 times

U.S. Mortgage Rates Jump to Highest Since DecemberJune 4 (Bloomberg) -- Fixed U.S. mortgage rates jumped to the highest level this year, signaling the Federal Reserve’s plan to lower borrowing costs has stalled.

The average 30-year rate rose to 5.29 from 4.91 percent a week earlier, Freddie Mac, the McLean, Virginia-based mortgage buyer, said today in a statement. The last time the rate was higher was Dec. 11, when it was 5.47 percent. The average 15- year rate rose to 4.79 percent from 4.53 percent.

“That’s quite a jump,” said Donald Rissmiller, chief economist at New York-based Strategas Research Partners. “The more rates go up, the more we need home prices to go down to equalize consumers’ payments. It’s those payments that have brought about a level of stability in housing unit sales.”

Rising rates may deepen the U.S. housing slump and sideline consumers hoping to refinance or purchase their first house. The number of Americans signing contracts to buy previously owned homes climbed 6.7 percent in April, largely on cheaper financing costs, according to the National Association of Realtors.

This week’s rate increase translates into an additional $31.79 a month for a buyer purchasing the median-priced U.S. home of $170,200 with a 20 percent down payment.

“If people hear that rates are going up, I think they hesitate a little bit,” said Tom Burris, a mortgage banker at Supreme Lending in Dallas. “After a while the reality sets in that 5.5 is much better than 8 percent that we had ten years ago. It’s a good rate, it’s a fair rate.”

Yields Climb

Yields on the benchmark 10-year Treasury note and Fannie Mae mortgage bonds are higher than they were before the Federal Reserve said March 18 that it would buy as much as $1.25 trillion in mortgage-backed securities to help drive down borrowing costs.

The Fed’s program, along with a plan to buy as much as $300 billion in Treasury securities, helped push rates to a record low 4.78 percent twice in April.

Policymakers may be forced to increase purchases of securities if mortgage purchase applications, pending home sales and purchases of new and existing homes fade, Rissmiller said.

“They can’t want interest rates to go up a whole lot more,” Rissmiller said. “The question is, what will they do to fight the trend?”

Treasury yields are climbing as investors anticipate a greater supply of government debt being sold to fund federal spending. The yield on the 10-year Treasury was 3.54 percent yesterday, compared with 3 percent on March 17, the day before the Fed announced its plan to boost mortgage-backed bond purchases and to buy Treasuries.

Fed Effect

Yields on Washington-based Fannie Mae’s current-coupon 30- year fixed-rate mortgage bonds rose to 4.53 percent yesterday from 4.22 percent on March 17, data compiled by Bloomberg show.

The central bank’s purchases of mortgage bonds guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae brought down the yields on those securities. That allowed lenders to reduce the rates on new home loans and still sell the securities at a profit.

Fannie Mae and Freddie Mac are government-chartered mortgage companies that are being supported by $400 billion of backup taxpayer capital. The Fed has bought a net $507.1 billion of mortgage bonds so far, including $25.5 billion in the week ended May 27, according to Bloomberg data.

Mortgage applications in the U.S. fell last week as demand for home-loan refinancing slumped. The Mortgage Bankers Association’s index of applications to purchase a home or refinance a loan dropped 16 percent to 658.7 in the week ended May 29. Purchase applications rose 4.3 percent while requests to refinance fell 24 percent.


To contact the reporter on this story: Brian Louis in Chicago at blouis1@bloomberg.net.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aFdYSbDucSyo
Dollar Rebounds On Asian Support

Posted by InTheMoneyStocks.com Tuesday, June 02, 2009, 08:00PM ET

Read 264 times

Dollar Rebounds On Asian SupportThe dollar stopped its recent decline against the euro and other currencies, finding support on a news report that major Asian central banks are prepared to keep buying U.S. Treasurys.

ADP Employment Data Comes In At Expectations...The Real Kicker Is The Dollar Being Stronger

Posted by InTheMoneyStocks.com Tuesday, June 02, 2009, 08:00PM ET

Read 230 times

ADP Employment Data Comes In At Expectations...The Real Kicker Is The Dollar Being StrongerThe futures point to a lower open today as futures have continued to decline following the ADP Employment data.  This data was in line with expectations, basically what the market expected.  The real issue for this market is the weakness of the dollar.  That has been driving the markets higher as a weak dollar pushes up commodities and commodities are the driving backbone of this market.  This has been a beautiful re-inflation rally caused by the Federal Reserve printing money.  The printing of money causes the dollar to decrease in value and commodity prices soar.  Stocks like XOM have kept this market roaring higher.  Today, the dollar is finding some strength thus commodity prices like oil are lower.  Watch oil inventories at 10:30am ET.


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.
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.