Presented by Gareth Soloway
March 10, 2014 01:59PM
Watch this video as our Chief Market Strategist, Gareth Soloway analyzes the current market environment and what the Pros are trading now. Join the Elite InTheMoneyStocks services and get all of the trades now; the Research Center, where swing traders & investors profit from the multiple day moves in the markets. View the Research Center track record of every single call given in 2013 right here(live/open calls are reserved for members). Or if you are day trading, enter our live trading room, the Intra Day Stock Chat, where the Pros day trade the market action live everyday during market hours... get the expert market calls and analysis now, start with both services for 7 FREE DAYS here.
Presented by Gareth Soloway
March 10, 2014 12:42PM
Over the weekend, China reported an 18.1% drop in exports year-over-year. In addition, they saw an 18% drop in crude oil imports, month over month. Considering the Chinese government fakes their economic numbers more than the United States does, this is absolutely shocking. That type of slow down is epic and considering China is the second biggest economy in the world, it spells major trouble for all countries. If you add into the mix the fact that it is extremely likely Crimea will be part of Russia within a week and sanctions/stress will mount because of it, it amazes me the markets have not seen more selling today. Lastly, add in the fact that the most recent Non Farm Payrolls report came in better than expected at 175,000, any chance of the Federal Reserve not tapering another $10 billion just went out the window.
Wild times to be a trader and investor. Make sure your analysis is dead on and your stock picks are low risk. Take the seven day free trial to the Research Center. Get swing trade alerts with entry and exit points, daily videos with proprietary signals as well as live broadcasts. The Research Center helped many investors make millions of Dollars. Join today by taking the seven day free trial.
Presented by Gareth Soloway
March 10, 2014 12:30PM
Stocks like Plug Power Inc (NASDAQ:PLUG), FuelCell Energy Inc (NASDAQ:FCEL) and Ballard Power Systems Inc. (NASDAQ:BLDP) continue to be on fire. PLUG is up another 32% today, trading at $10.94 +2.67 (32.29%). Just in the last two weeks, it is up almost 200%. When these stocks get this extended, I begin to salivate and look to short them. It is often a high risk trade so I short with options or lighter share size. PLUG has crossed the $10 even number level, this is a psychological level that will create sellers (once the short squeeze is over). In addition, the stock is now worth over $1 billion, another psychological selling level (once reality sets back in). I think it is also important to mention that the stock is in need of capital. This drastic price move will give them the ability to do a stock offering at a solid price. This stock offering will cause dilution to current shareholders and could be the catalyst for a pull back.
In my opinion, the stock will fall in the coming weeks to $7.00 before finding support.Take the seven day free trial to the Research Center. Get swing trade alerts with entry and exit points, daily videos with market cycle information, pivot points and master levels. Join today and profit for life.
Disclosure: I am short Plug Power Inc (NASDAQ:PLUG).
Gold has been rallying higher since the start of 2014. In late December 2013, the precious metal was trading as low as $1181.40 an ounce, today the spot price of gold is $1342.50 an ounce. The current pattern on the daily chart of gold futures looks poised to trade into the $1400.00 level.
Here are three reasons why gold should continue to rally in the near term:
1. Gold is once again being viewed as a currency and not as a useless relic. At this time, investors are questioning all of this money printing by the central banks around the world. How long can these central bankers continue to just print money in order to inflate asset prices and boost exports? Think about it, record money printing is taking place by the Bank of Japan, Federal Reserve, Bank of England, and other central banks around the world. The money printing by the central banks has even helped the virtual currency Bitcoin to gain traction over the past year. Remember, the reason why gold was used as a currency throughout history is because governments could not print it at will, unlike a fiat currency such as the U.S. Dollar or Japanese Yen.
2. The consumer sentiment for gold in 2011 was enormous as almost everyone was bullish, but that is not the case today. Currently, many analysts and financial firms are still extremely bearish on gold since it plunged from its 2011 top. As long as the sentiment remains negative for gold it should continue to hold up and trade nicely higher. When everyone gets bullish on gold again, that is probably the time to jump ship and become less bullish on the precious metal.
3. The current chart pattern on spot gold is bullish. Gold futures (GC J4) are trading sideways around the $1350.00 level. Whenever an equity consolidates and builds a sideways base it is getting poised to trade higher on the chart.
Presented by InTheMoneyStocks Radio
March 09, 2014 12:33PM
At InTheMoneyStocks, our Pro Traders and Chief Market Strategists, Gareth Soloway and Nick Santiago are firm believers in giving back, helping others and making a difference in peoples lives. That is the main reason they created this company over 6 years ago after personally profiting from the markets for over 2 decades combined. Maybe you had the privilege of meeting them at our trading floor in Tampa, FL (if not, come join us now). Or you have been one of their multiple thousand members from around the world who have followed their guidance and profited consistently for the past +6 years (view member videos). Either way, one thing is certain within minutes of speaking with them, their passion for helping others cannot be denied, and it is contagious.
In keeping with their goals of helping as many people as possible, around the world. Gareth has taken to the radio waves to not only help educated the masses on the markets and help the public take control of their financial future, but also benefit charity organizations that are in need of help.
In this show, Gareth welcomes Martin Armstrong to talk markets and gain his expert insight into where the markets and economy is headed. Don't miss our next scheduled guests; Jim Rogers, the CEO of Overstock.com and many more incredible people!
Listen to the show, gain the expert insight, control your financial future and join the Charity Trading Challenge... It is your money, take it seriously!
Within this course Nick will teach his coveted trading tools, time counts, cycle analysis, recognizing the trend, expert charting techniques, understanding fibonacci, trading the gap and much, much more, in-depth. It is no secret that our Pros have been earning consistent profits for members over the past +six years and 2013's performance has confirmed this once again as seen by the Research Center's documented Track Record of every single call here.
All attendees will receive the entire presentation which is taught to you in PDF format and will serve as a great tool for your future review and mastery of the content.
Please note, while this course will reveal a large amount of valuable information, Nick has been conducting this course for over 6 years now and has a firm ability on delivering the content in a clear, concise and understandable manner. Also, no question will go unanswered and no topic not 100% understood.