Thursday, June 22, 2017

General Electric (GE): Big Buying Opportunity Right Here...

Just last week, shares of General Electric Company (NYSE:GE) surged almost 10% after it was announced that the CEO would be stepping down. General Electric is one of those old school companies that is having a hard time getting investors to believe they are on the cutting edge of the future. Thus, they have not traded at a price-to-earnings ratio of many other technology companies, even after selling off GE Financial and getting rid of the boring parts of the company. Investors view the current CEO as part of the problem. He is old school when the stock market demands new school. When it was announced, Wall Street cheered and General Electric shares jumped. However, since that day, the stock has faltered and faded, coming back to the gap fill from the sharp pop day. This is known as major support.

Believe it or not, the stock has even moved slightly lower, now into a major level I believe is a strong buy. The level is $27.75 and is a major trend line as seen in the chart below. This is a gift. Investors can buy the stock below levels prior to the announcement. I am looking to swing trade the stock with an upside target of $30.50.

Gareth Soloway

Today's Morning Trading Action: ORCL, AAL, HAIN, SINA, WB & More

Wednesday, June 21, 2017

Chipotle Mexican Grill Gets Roasted, Where's The Trade?

Yesterday, leading fast food restaurant stock Chipotle Mexican Grill, Inc. (NYSE:CMG) sold off after announcing Q2 guidance. Despite the stock price falling sharply lower on yesterday's news the stock actually peaked out on May 16, 2017 at $499.00 a share. Today, CMG stock trades at $416.00 a share. Many traders are now wondering if the stock is cheap, but unfortunately it should trade lower according to the charts.

Traders and investors should note that the stock was defended in March 2017 at around the $394.00 level. This should be the next major support area for CMG stock when it is retested. At this stage of the game the stock should have the selling momentum to test that key support level.

Nicholas Santiago

There Are Lots Of Stocks To Trade Today: FDX, ADBE, RHT, AMD & More In Play

Tuesday, June 20, 2017

PERFORMANCE FACTS: This Is How The REAL Pros Invest For Wealth...

In a world filled with so much misinformation it is often hard to know who to trust, especially when it comes to stock market guidance. The internet created a place for anyone, even a kid in his Grandmothers basement to launch a fancy website, add a mostly fake performance track record and call himself a "stock market guru." The problem is, most people are unknowingly mislead as there is so many of these fake "traders" out there.

Well we give you a simple solution to weeding through the garbage and getting straight to the profit making guidance you need!

There is very few, if ANY who have been guiding members for over TEN YEARS like our Pros, Nick and Gareth, at You can see their videos on the markets dating back a decade on youtube here. What members have been saying here.

But MOST IMPORTANTLY is this information we are about to show you...

Here is the documented track record of every trade members have been provided with over the past decade. You you can verify every trade as a member, with the time stamped and market timed trade details. As you can plainly see... the performance is not only AMAZING, it is CONSISTENT! That right there is one simple defining factor that separates the boys (these fake traders) from the REAL PROS (InTheMoneyStocks). This in indisputable, verified and documented performance that can only be provided by some of the best traders on the web, period. The only thing you need to do is take your financial future seriously, step up and start learning and earning with the best! Take a look at the track record here and below...

Nasty Reversal On McDonald's Corp (MCD) Seals Bearish Fate. Note This Chart...

McDonald's Corporation (NYSE:MCD) just put in a major top. Not only is trading above a 27 P/E, historically insane, but McDonald's Corp opened higher today and sold hard on volume. The jump this morning came after Cowen upgraded the fast food company and placed a $180 price target. Let's think about this for a second. In October 2016, McDonald's Corp traded at $110.00. Today it hit a high of $155.28. That is a whopping percentage gain of 41% in 8 months.

Think about that, after a 41% gain, now an analyst upgrades it? That is some sort of wacky joke. This is how tops are created. The reversal signals institutions are selling into the upgrade volume. I have a downside target on McDonald's Corporation at $134.25. This would be about a 50% retrace of the 8 month up move. Hold on and enjoy the ride. I am loving the short trade.

Gareth Soloway

Know This Institutional Trade Level For This Leading Food Product Company

Last week, most of the leading food processing stocks sold off after (NASDAQ:AMZN) announced that they were acquiring Whole Foods Market Inc (NASDAQ:WFM) for $13.7 billion. Many of these leading food processing stocks are still coming under pressure since that news was released. At some point some of these leading food processing stocks will look attractive.

General Mills, Inc. (NYSE:GIS) is a leading is a manufacturer and marketer of branded consumer foods. This stock peaked out in July 2016 at $72.95 a share. Since that high pivot the stock has plunged lower and is currently trading at $56.85 a share. Many traders are now wondering if the stock is on sale, but the chart pattern indicates that the shares are headed lower. At this time, the stock has major support around the $52.50 area. This is a level where GIS stock based for roughly two years before breaking out. Very often, prior base patterns will serve as major support when retested. It should also be noted that General Mills, Inc. (NYSE:GIS) will report earnings on June 28th, 2017 before the opening bell.

Nicholas Santiago

Homebuilder Stocks In Play After Lennar Corp Earnings

Monday, June 19, 2017

Two Mega Cap Stocks That Scream Short: See Them Here

Major Top Alert: Tesla Inc (TSLA) Weaker Than Market Here Is The Trade...

Shares of Tesla Inc (NASDAQ:TSLA) have topped. I expect the stock to have a large corrective move to $325, possible as low as $285. Last Wednesday, euphoria hit an all-time high as the stock jumped sharply to new all time highs. The chart on Tesla Inc put in a doji topping signal and has since been under performing the stock market. Volume was huge on that doji day, signaling major distribution by institutions and smart money. In the days that have followed, volume has remained high. As the big money exits, the small investors who bought into the hype are left holding the bag. Investors buying north of $370 are insane. If they stepped back and did not let the emotion get the best of them, they would notice the stock has moved higher from $180 to $385. That is a monster 113% move since last November. That is not normal unless Elon Must cured cancer...and he did not. I love Elon Musk as much as the next guy but I am also a realist, and all signs point to a major top and correction in shares of Tesla Inc.

Gareth Soloway