Tuesday, May 22, 2018

On Watch: SOHU.com $SOHU Nearing Key Breakout Level

Shares of China company SOHU.com (SOHU) are consolidating in a bullish manner just underneath a major breakout level. Should the stock trade through the $38.00 breakout point, SOHU will likely surge as high as $44.00-$45.00. The backing off of trade war fears means Chinese ADR's are back in play for big money hedge funds. Just an added positive. Watch for the breakout and enjoy the swing trade.




Gareth Soloway
InTheMoneyStocks

If This Level Breaks, 10 Year Yields Spike to 3.50%, Then 4.05%

10 year bond yields are hammering on the 3.10% level. This was the pivot high from 2013 and current resistance. However, should the 10 year yield break over 3.10%, there is no resistance until 3.50%, then 4.05%. While to average investors it may mean little, to smart traders this is huge. The stock market could literally lose 25% of its value if rates spike to 4.05% as big money runs for yields versus the risk of stocks. In addition, U.S. debt payments will spike, likely causing an S&P warning and possible default. The Federal Reserve has put us in a corner where easy/cheap money is the only way to survive. This is a major catastrophe waiting to happen. In my opinion it is not IF rates jump to 3.50 and 4.05%, it is when?...





Gareth Soloway
InTheMoneyStocks

Dycom Industries Inc $DY is Crushed After Earnings, Watch This Level

Dycom Industries Inc (NYSE:DY) is a leading provider of engineering, construction, and installation services to telecommunication providers. Earlier today, the company reported earnings that are not being well received by the street. The stock is trading lower by over 17.0 percent to $95.46 a share. Traders and investors should note that the stock is now trading sharply below its important 200-day moving average, this is a very bearish indication. The next important support area for the stock will be around the $90.00 level. This is where the stocks has a major gap window from November 17, 2017. Often, major past gap windows should serve as solid support when initially filled in the chart.





Nicholas Santiago
InTheMoneyStocks

Lots Of Morning Trade Action: TOL, KSS, PSTG, TJX & More In Play

Monday, May 21, 2018

Transports Trying To Breakout, See The Upside Target

Shares of the Transportation ETF (IYT) are breaking a quad top today. This means a possible breakout, should confirmation occur tomorrow. If this happens, the upside on the transports is $207 from its current $196. That is some major juice to the ETF plus a good omen for the stock market. Let's see if confirmation triggers tomorrow...




Gareth Soloway
InTheMoneyStocks

Fifth Third Bancorp $FITB Drops After Acquisition, Watch This Trade Level

Fifth Third Bancorp (NASDAQ:FITB) is a leading bank holding company throughout the Midwestern and Southeastern regions of the United States. Earlier today the firm announced that they would buy MB Financial Inc (NASDAQ:MBFI) for $4.7 billion in stock and cash. The news is causing MBFI stock to surge by more than 13.0 percent to $49.44 a share. Unfortunately, FITB stock is declining by more than 7.00 percent to $30.92 a share, this is type of weakness is very common for the company that is doing the buying. Traders and investors must now look at the charts for the next major support level on FITB. One level for the stock that stands out to me is around the $28.00 area. This is where the stock broke out in November 2017. Often, prior breakout level are excellent support when retested. I will be looking to buy FITB stock around this important trade level.



Nicholas Santiago
InTheMoneyStocks

Stock Futures Jump After U.S. Suspends Trade War With China

Thursday, May 17, 2018

Make Millions From Trading: See The Analysis & Profit

This Pattern Signals $17.50 Target On General Electric $GE

Shares of General Electric (GE) are one of the best performing S&P stocks in the last two months. Up 22% in since April 2018 has investors cheering after the company beat earnings and put to rest any worry that they would cut the dividend. There may in fact be reason to cheer for more upside. The stock just broke the neckline of an inverse head and shoulder pattern. This is an extreme bullish signal for General Electric and has a calculated price target of $17.50 attached. While it may pause around this $15.00 level for a week or so, upside should resume quickly as the target could be achieved in June.





Gareth Soloway
InTheMoneyStocks