Cycle Confirms: Only Idiots Don’t See These Signals And Profit

Marathon Petroleum Corp Sprinting Into Key Resistance

Shares of oil refiner Marathon Petroleum Corp (NYSE:MPC) are racing higher today, as the stock is up over 6.0%. This is a very impressive move as the overall markets are seeing some severe selling pressure. The company reported earnings today that beat the street expectations, couple that with a sharp decline in Crude Oil and you have the perfect elixir for a strong move up in the share price. However, Marathon Petroleum Corp (NYSE:MPC) is into a fair bit of resistance as seen on the chart below. A break through of this down sloping trendline and you could see a move right back up to the 52 weeks highs.

 

 

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CNBC Owes Bill Ackman An Apology: Herbalife Ltd. Back To Lows

CNBC hammered Bill Ackman following his ‘epic’ presentation on Herbalife Ltd. (NYSE:HLF). According to Ackman, this presentation was going to divulge major fraud at the company. Following his showcase event, the stock popped higher by over 25% and CNBC roasted him for days. To an intelligent trader, this pop was no more than a short squeeze that would be over within days. Sure enough, the stock has fallen sharply, back to near its 52 week. This clearly shows Ackman has a good basis for his concerns and CNBC should have him on and say ‘I’m sorry’.

 

Gareth Soloway

Chief Market Strategist

www.InTheMoneyStocks.com

 

SPDR S&P 500 ETF Trust Scalp Support Levels Revealed

Enjoy these levels, I will be scalping both of them. The first level of $193.65 is being kissed as I post this.

 

Gareth Soloway

Chief Market Strategist

www.InTheMoneyStocks.com

 

This Topping Tail Should Scare You: SPDR Dow Jones Industrial Average ETF

The SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) is up around 150% from the 2009 lows. Since that low, the markets have rallied, almost non stop on the back of Federal Reserve monetary policy. This policy has been to push interest rates to near zero and print trillions of Dollars. The market has become addicted. Based on yesterday’s GDP number and the FOMC Policy Statement, the free, print money policy is coming to an end. In other words, the drugs will be stopping. The market is beginning to freak out.

 

The worst and most scary part of this is that the monthly chart of the SPDR Dow Jones Industrial Average ETF(NYSEARCA:DIA) and the S&P 500 have topping tails that will officially be in the books today. These are extremely scary and bad signals for the market going forward. Be warned, be alerted. Members are ready and already profiting in the Research Center. Take the seven day free trial.

 

Gareth Soloway

Chief Market Strategist

www.InTheMoneyStocks.com

 

Cycle Takes Hold, Looks To Confirm: SPDR S&P 500 ETF Trust

For months prior, the investing public was told a major cycle was approaching.  According to research, this cycle could pose a major top in the markets and lead to the first 10% correction in years. The cycle period hit in mid-July. No sooner did it hit, the markets began to stall and chop sideways. This showed the start of the cycle as institutional sellers began to unload into retail buyers. When the markets have volatile moves up and down from day to day, this screams of distribution. Two days ago the S&P 500 closed below an epic trend line. This was step one to the major break down beginning. Step two was to see the Confirmation Signal. The massive move down today should officially confirm the break and the downswing in the cycle leading to an eventual 10% drop in the markets. While there will be buy the dip bounces, the S&P could see as much as a 200 point drop before all is said and done. For those that were preparing for the cycle by putting their money in cash or short, congrats. You will be paid handsomely.

 

Gareth Soloway

Chief Market Strategist

www.InTheMoneyStocks.com

 

Related: SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

 

Kraft Foods Group, Inc.: Who Cut The Cheese?

Today, the leading consumer packaged food and beverage company Kraft Foods Group, Inc. (NASDAQ:KRFT) is dropping by $2.31 to $54.93 a share. While this decline may not seem like much it should be noted that the stock has been dropping since July 8th when it traded as high as $61.10 a share. Kraft Foods Group stock is now trading below the important 200-day moving average. This is a very psychological breakdown for many money managers and traders. Short term day traders should be aware that there will be very good intra-day support around the $53.90 area. This is a spot where day-traders can look for an intra-day bounce.

 

Join us as we guide members to enter and exit the best trades at the best time. Take a look at the calls we have made in our documented performance track record dating back years from now right here. The only thing left to do is to join us and our members as we control our financial freedom now.

 

 

 

Nick Santiago

Chief Market Strategist

www.InTheMoneyStocks.com

L-3 Communications Holdings Inc: Catching A Falling Knife

This morning, leading provider of communication and electronic systems to the U.S. military L-3 Communications Holdings Inc (NYSE:LLL) is plunging by 14.0 percent. According to the Wall Street Journal the company disclosed accounting irregularities linked to its aerospace logistics support contract. Traders and investors should now watch for some intra-day support for L-3 Communications stock around the $101.00 level.

Join us as we guide members to enter and exit the best trades at the best time. Take a look at the calls we have made in our documented performance track record dating back years from now right here. The only thing left to do is to join us and our members as we control our financial freedom now.

 

Nick Santiago

Chief Market Strategist

www.InTheMoneyStocks.com

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