Home-builder Stocks In Play After KBH Earnings

September 29, 2017
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Why I Alerted Investors To Buying Puts On The $XLE (Oil Stocks)

September 28, 2017

The Energy Select Sector SPDR (ETF)(NYSEARCA:XLE) is a strong short in my opinion. This comes from pure technical analysis. First, the $XLE hit the daily 200 moving average, after surging since mid-August from under $62.00 to a high today of $68.90. This is a monster move in a very short time frame. Next, oil is trading in the upper range around $52.00. Just weeks ago it was near $45.00 at the low end of the range. This range has been active for most of 2017 and continues to hold. Next, the $XLE is pulling back off the daily 200 moving average forming a topping tail. Topping tails are great reversal signals. Off these factors, I alerted members to buy puts on the $XLE. I expect the price of the $XLE to fall to $66.00 Р$66.50.

 


Gilead Sciences Inc (NASDAQ:GILD) Retreats, Watch This Trade Level

September 28, 2017

Today, leading biotechnology company Gilead Sciences Inc (NASDAQ:GILD) is trading lower by $2.24 to $81.62 a share. The stock is pulling back from an overbought condition on the charts. GILD stock put a recent high in the charts at $86.26 on September 8th. This tells me that the current decline in the stock should be just a minor fall. Traders and investors should watch the $75.50 – $76.00 level for major daily chart support. It should be noted that GILD stock broke out to the upside on August 30th around this area. This level should be a solid level for a bounce when it is retested.

 


With The Market Open ONLY 4 MINS

September 28, 2017

With the market open ONLY 4 MINS… Gareth nails $DXCM for +$1.01 profit! He is just getting started! TRADE NOW: https://www.inthemoneystocks.com/intra-day-stock-chat


Trade The Morning Action! JBL, CAG, BBRY, HAIN & More

September 28, 2017

 

When you are ready to step up your trading and investing game


Consumer Staples Get Whacked, But Trade Levels Are Near

September 27, 2017

This morning, the leading consumer staples stocks are selling off sharply. Stocks such as Kimberly Clark Corp(NYSE:KMB), Procter & Gamble Co(NYSE:PG), Clorox Co(NYSE:CLX), and Colgate-Palmolive Company(NYSE:CL) remain under pressure since the opening bell. It should be noted that all of these stocks have struggled since late June. Many of these stocks are now nearing important support levels for a trade.

Kimberly Clark Corp(NYSE:KMB) is a leading consumer staple stock that is trading lower today. The stock has been selling off since June 26, 2017 when it traded as high as $134.29 a share. Since that pivot high the stock has plunged to $116.63 a share. Traders and investors should now watch the $115.00 level for major support. This is where the stock broke out in January 2017. Often, when a stock retests a break-out level it will serve as major support and be defended by the institutional money.


Chip Stocks In Play After MU Earnings

September 27, 2017