The price action on Apple Inc. (NASDAQ:AAPL) continues to be poor. The weeks prior to earnings, Apple took a beating. After a one day mega pop on solid quarterly earnings, it is taking a beating again. Today, the iEverything company is trading at 8.59, -14.41 (-2.39%). The weakness (more…)
Stock Investing :Daily Chart: Priceline.com Inc Tags Double Top
Priceline.com Inc (NASDAQ:PCLN) tagged the double top on the daily chart today. This level is between 0 and 5. Double tops are known for being solid resistance points. This means it is likely that the stock will pull back off this level. Gareth Soloway InTheMoneyStocks.com (more…)
Stocks and Investing :BTU Heats Up
Everyone knows that the coal sector has been extremely weak as of late. There is one leading coal stock that is catching a bid higher today and it is Peabody Energy Corp (NYSE:BTU). Today, BTU stock is trading higher by .01 to .21 a share. The stock will have intra-day resistance (more…)
Stocks Investing :Market Spikes, Gives Great Shorting Opportunity
The markets are spiking sharply higher today on extremely light volume. Most markets in Europe are closed today. This is like the analogy, when the cat is away, the mice will play. Light volume, no problems in Europe mean solid upside but also a great shorting opportunity for smart (more…)
Stocks Investing :Market Key: AAPL Has Trouble Holding Gains
Just a couple months ago, Apple Inc. (NASDAQ:AAPL) would open higher and climb all day long. Those days are long in the past as even today, Apple finds itself struggling to keep the gains from the morning session. In dramatic fashion, the stock opened slightly higher, and surged, (more…)
Stock Market Investing :The One Stock That Leads The Markets
It is always important for traders to follow the leading stocks as an indication of where the markets may trade in the future. Generally, when the leading stocks trade higher the overall stock market indexes will trade higher. When traders talk about leading stocks they will usually (more…)
Stocks and Investing :Mining Equipment Stocks Dig An Early Hole
This morning, all of the leading mining equipment stocks are coming under early selling pressure. Caterpillar Inc (NYSE:CAT) is considered the leading stock in the mining equipment sector. Today, CAT stock is trading lower by .24 to 0.87 a share. Short term traders should watch (more…)
Stock Investment :Stock Market Jittery Over Europe, Jobs
Stocks are trading lower today on the back of a poor ADP Private Sector Jobs Report and continued problems in Europe. The SPDR S&P 500 ETF (NYSEARCA:SPY) is trading at 9.96, -0.78 (-0.55%). Yesterdays ISM Manufacturing Report rallied the markets on hopes that jobs would show (more…)
Stocks and Investing :CHK
2MAY12Big swings both ways in the past few days, with a long down trend. Quick look and I’m seeing a bullish 3drives forming with the first set nearing completion on both the hourly and daily. I don’t know how harmonic patterns work with CH… (more…)