Market Trends, Charts, Stats: Inside Stocks To Reveal Profit Setups

June 30, 2014

Molycorp Inc May Be Getting Ready To Rip Higher

June 30, 2014

Molycorp Inc (NYSE:MCP) is trading at 52 week lows and hated by most investors for its poor performance. While the markets trade near all time highs, this stock has fallen throughout 2014. That may be about to change. Commodity stocks in all sectors have started to catch a big bid. Look at stocks like ConocoPhillips (NYSE:COP) in the oil sector or Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) in the copper and gold sector. They are all taking off to the upside. One of the few commodity sectors that has not started to run is rare earth mineral plays. This is the bread and butter for Molycorp Inc. At a current price of $2.55, it is priced at almost bankruptcy levels. This can be looked at as a high risk but also very high reward play. Commodities are hot and likely to get hotter.

 

Gareth Soloway

Chief Market Strategist

www.InTheMoneyStocks.com

 


Monday’s Trades: MNKD, FB, MBI, X, & More

June 30, 2014

Friday Morning Trades: DD, NKE, FL, MTW, LMT

June 27, 2014

Pandora Media Inc Remains Boxed In This Year

June 26, 2014

2014 has been a somewhat of a sour note for investors of Pandora Media Inc (NYSE:P). This year the stock of the internet radio company has been all over the map. It came flying out of the gate with a price surge eclipsing the $40 level ($40.44 to be exact). It was up some 52% in a little over 2 months, which was on top of the nearly 200% gain it had in 2013. All shareholders were singing a happy tune all the way to the bank.

 

Then on March 5 of this year the music came to a screeching halt. All of sudden this can’t miss social media stock, which was constantly being rumored to get taken out by various tech companies, couldn’t seem to find “that loving feeling” from investors. Shares of Pandora Media Inc (NYSE:P) got smacked down hard to the tune of almost 47%! And as always, the pendulum, which had been on the side of the bulls for so long, clearly swung the other way in favor of the bears.

 

This equity put in a bottom in late April at $21.47 and has slowly clawed its way higher and is actually positive for the year. Now before we all get ready to jam and rock out on the bullish side, lets take a look at the chart below. As you can see the stock remains below its daily 200ma and is into a big resistance level, not to mention a 38.2 fibonacci retrace. This tells us that Pandora Media Inc (NYSE:P) is still singing the blues.

 

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Elite Round Table

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Action Alert: Markets Fall Sharply Off Bear Flag, Then Float

June 26, 2014

Bed Bath & Beyond Slides Below Critical Moving Averages

June 26, 2014

This morning, share of the home-furnishing retailer, Bed Bath & Beyond Inc (NASDAQ:BBBY) are getting slammed lower after reporting quarterly result that were lower than expectations. The popular retail stock is declining lower by $5.61 to $55.50 a share. Traders and investors should note that the stock is now trading below its important 50-week moving average. Anytime a stock falls below this critical moving average it is generally a sign of sharp institutional distribution. Traders will now have to look at the chart to find the next near term support area for the stock. In December 2012, Bed Bath & Beyond Inc stock traded as low as $54.33 before reversing and trading to new all time highs earlier this year. This tells us that the $54.00 area will be the next near term support level for the stock. Should that support level fail to hold Bed Bath & Beyond Inc stock will have more support around the $48.35 level. This support area was a break-out point in 2011. Often, past breakout points will serve as excellent support levels when retested.

 

Step inside our swing trader service with our seven day free trial to the Research Center; get swing trade alerts when we buy, sell and enter new positions. Check out our track record of calls given in the Research Center right here. You can’t deny the facts, if you follow our trades you will earn consistent profits… join us today and profit for life.

 

 

 

 

Nick Santiago
Chief Market Strategist
www.InTheMoneyStocks.com

Go Pro With These Trades: DB, BCS, BBBY, AA, MNST

June 26, 2014

Imagine What The GDP Would Be Without Drones?

June 25, 2014

Did you know that San Diego, California is the drone capital of the United States? The proper name for a drone is unmanned aerial vehicles (UAV). Northrop Grumman Corporation (NYSE:NOC) is the maker of the Global Hawk surveillance drones which are manufactured in San Diego, California. The other large manufacturer of drones is General Atomics Aeronautical Systems Inc. Both of these companies employ thousands of people. Experts have stated that drone-related businesses in San Diego County generate as much as $2 billion in annual revenue and have created as many as 14,000 jobs. Believe it or not, due to classified projects these numbers could actually be much higher. The drone business is only expected to grow as companies such as Amazon.com Inc (NASDAQ:AMZN), Facebook, Inc. (NASDAQ:FB), and other tech firms plan on using drones in the near term future. The FAA estimates that 30,000 drones will be flying in the United States by the end of the decade, so this industry is just getting started.
Northrop Grumman Corporation (NYSE:NOC) stock looks very strong by forming a long sideways base on the weekly chart. This tells us that the institutional money is accumulating the stock at this time. Any close above the $126.00 level on volume is a likely breakout play for the NOC stock.

 

Step inside our swing trader service with our seven day free trial to the Research Center; get swing trade alerts when we buy, sell and enter new positions. Check out our track record of calls given in the Research Center right here. You can’t deny the facts, if you follow our trades you will earn consistent profits… join us today and profit for life.
 

 

 

Nick Santiago
Chief Market Strategist
www.InTheMoneyStocks.com

Monsanto Company Wreaks Of Pesticide: Top Likely In

June 25, 2014

Monsanto Company (NYSE:MON) reported earnings this morning. The agriculture chemical maker beat on earnings but missed on revenues. Monsanto initially shot higher, Wall Street cheering the results and investors eager to buy. However, since the initial push higher, it has fallen substantially and is putting in the technical signal called a topping tail. A topping tail that occurs at the highs of a chart has a high probability of being a long term pivot to a bigger down move. The key here is to monitor Monsanto and at the close today, confirm it is a topping tail. If it is, look for substantial downside in the coming months.

 

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Gareth Soloway

Chief Market Strategist

www.InTheMoneyStocks.com