This stock market seems to have an illness called schizophrenia. In late September, the major stock indexes declined lower, the Dow Jones Industrial Average dropped by over 1000.0 points only to recapture all of those declines in 15 trading days in the month of October. Ten percent rallies and declines are becoming normal trading ranges these days. In the past, the stock markets would rally higher or lower by ten percent in a year. These are certainly not normal times.

What causes these large wide range stock market swings? Well, there are several things that can affect markets, however, the main catalyst is currency. The major stock markets seem to be moving on the back of currency intervention, mainly the U.S. Dollar. As you all know, the U.S. Dollar is the world’s reserve currency, therefore, most every commodity must be purchased with U.S. Dollars. If you have ever traveled to Asia you may have noticed that most businesses will take the U.S. Dollar for payment before they take their own currency. This tells us that the strength of the U.S. Dollar is what is moving the stock markets around the world.

]]>

Recently, the leading commodity stocks have bounced higher as the U.S. Dollar Index sold off. This morning, the U.S. Dollar Index is trading higher and just about every leading commodity stock is selling off today. The only commodity that is not declining lower today is WTI oil, traders must remember that oil can be affected by weather. Currently there is a hurricane that is developing in the Caribbean Sea and is expected to reach the Gulf of Mexico by the end of the week. This is certainly part of the catalyst for higher oil.

The news out of the European Union is simply one of the most bizarre scenarios that we have ever seen in our life times. Traders cannot follow all of the news that comes out of that region regarding the European bank bailout. Therefore, traders should simply watch the U.S. Dollar Index(DXY). When the DXY rallies the major stock indexes will decline and deflate lower. The opposite is true when the DXY sells off or pulls back, the major stock indexes will inflate and trade higher. Traders should continue to expect these schizophrenic markets going forward. The only beacon of light that we have as a trader to navigate us through these turbulent markets is going to be to follow the U.S. Dollar Index.

Nicholas Santiago InTheMoneyStocks.com

Schizophrenic Market Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets. Article Source

The Dow Jones industrial average rose 47 points in very light trading. It was the seventh day of gains out of the past eight for the index. Treasury prices eased as traders became more willing to take on risk.  Stocks have shaken off the doldrums of August and marched steadily higher in September thanks to a series of encouraging signals on the economy. The latest came Friday morning with a report that wholesale inventories shot up in July, a sign of confidence that retail sales will pick up.

“It’s becoming more evident that confidence by consumers and the labor market is improving,” said Tim Speiss, chairman of EisnerAmper’s Personal Wealth Advisors practice. “It’s tepid; It’s weak; But it’s progress.” The energy sector got a lift from a jump in oil prices. Oil climbed about 2 percent after a pipeline that delivers oil to Midwest refineries was shut down. Oil companies like Chevron Corp. and Schlumberger rose on the news. The market‘s September rally has paused only once so far, when concerns resurfaced about European banks. European markets fluctuated Friday after a report that German banking giant Deutsche Bank is considering raising new cash through a stock sale.

Many of the recent improvements in economic indicators have been incremental, but given the deep pessimism about the economy that had set in during August even faint glimmers of hope on the job market and other parts of the economy like trade have been enough to please investors.  “There’s been so much negativity that it doesn’t take much in terms of data beating expectations to propel the market,” said Hank Smith, chief investment officer at Haverford Investments.

The Dow rose 47.53, or 0.5 percent, to close at 10,462.77.  Broader indexes also rose. The Standard & Poor’s 500 index rose 5.37, or 0.5 percent, to 1,109.55, while the Nasdaq composite index rose 6.28, or 0.3 percent, to 2,242.48.  About two stocks rose for every one that fell on the New York Stock Exchange, where volume was extremely low at 755 million shares.

Even with their recent gains, most indexes had only modest advances for the week because of a downturn on Tuesday because of the worries about European banks. The Dow is up 0.1 percent for the week, the S&P is up 0.5 percent, and the Nasdaq is up 0.4 percent.  Bond prices dipped. The yield on the 10-year Treasury note, which moves opposite its price, rose to 2.80 percent from 2.76 percent late Thursday. Its yield is used to help set interest rates on mortgages and other consumer loans.

Oil rose $2.20, or 3 percent, to $76.45 a barrel on the New York Mercantile Exchange. Chevron rose $1.46 to $78.82, while Schlumberger Ltd. rose 78 cents to $59.31.

For more information visit   http://www.worldmarketmedia.com/779/section.aspx/2363/post/market-finishes-week-on-the-upswing

- About the Author: WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source

The Dow Jones industrial average fell about 10 points Wednesday afternoon following news that sales of new homes fell last month to the lowest level on record. It was the latest indication that home sales are stagnating after the expiration of a homebuyer tax credit this spring.

A separate report from the Commerce Department showed that durable goods orders grew only slightly last month, falling shy of expectations and disappointing investors who had been hoping that the U.S. manufacturing sector would continue to pick up.

Market indicators came off their lows for the day as some investors saw value in beaten-down shares. “There are some buyers today,” said Albert Meyer, portfolio manager of the Mirzam Capital Appreciation Fund. Meyer said some investors might see the market as oversold after its recent losing streak. The Dow briefly fell below 10,000 for the second straight day Wednesday before climbing back above that psychological benchmark. It had been down as much as 102 points during the day but recouped much of its losses.

Sandy Mehta, principal and chief investment officer of Value Investment Principals, said stocks are in a volatile range right now, which has been exacerbated by the seasonal summer slowdown in trading. “We rally, we sell off. We rally, we sell off,” Mehta said. “It’s just the nature of the market right now.” The newest signs that the economic recovery is sputtering led many investors to move money into the relative safety of Treasurys, sending their yields lower. The yield on the 10-year Treasury note touched levels not reached since January 2009, when the stock market was heading toward its lowest level in 12 years, and the yield on the two-year remained near a record low. Stocks have been hit hard in recent days because of concerns about whether the economy will fall back into recession or at least be stuck in a prolonged period of very slow growth. The Dow is heading into its fifth straight day of declines. New home sales fell 12.4 percent in July to an annual rate of 276,600, the Commerce Department reported. That was the slowest pace on records dating back to 1963 and worse than the pace forecast by economists polled by Thomson Reuters. A day earlier, the National Association of Realtors said sales of existing homes, a far greater proportion of the housing market, fell to a 15-year low in July. The Dow Jones industrial average fell 9.99, or 0.1 percent, to 10,030.46 in afternoon trading. Broader market barometers were mixed. The Standard & Poor’s 500 index fell 1.74, or 0.2 percent, to 1,050.13, while the Nasdaq composite index rose 1.81, or 0.1 percent, to 2,125.57. About three stocks fell for every two that rose on the New York Stock Exchange, where volume came to 591.7 million shares. The fear among investors is that if the economy continues to worsen, corporate earnings will start to weaken, just as economic indicators have.

For more information visit http://www.worldmarketmedia.com/779/section.aspx/2288/post/market-up-and-down-interday-as-august-slogs-thru

- About the Author: WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source

Stocks tumbled Thursday after two disappointing economic reports renewed investors’ concerns about the pace of a recovery. The Dow Jones industrial average fell about 165 points in afternoon trading. Broader indexes also fell by more than 1.5 percent. Interest rates also fell sharply as investors flocked to the safety of Treasury bonds.

The Labor Department said claims for unemployment benefits rose unexpectedly last week and the Federal Reserve of Philadelphia said manufacturing activity in the mid-Atlantic region has dropped during August.“The Philly Fed number was just awful,” said Randy Frederick, director of trading and derivatives at Charles Schwab. “The jobs number was bad, but not as far off the mark as the Philly number.”The pair of economic reports followed news that Intel Corp. was acquiring McAfee Inc. The deal, valued at $7.68 billion, was not enough to offset the weaker economic readings.

The reports are the latest in a months-long string of conflicting readings on the economy. The reports have shown the pace of a rebound is slowing and that companies are skittish about adding new workers. That has hurt stocks on some days in recent weeks. It has also stoked fears about the economy falling back into recession.At the same time, corporate announcements, including earnings reports for the past six weeks, have largely showed companies are doing well. Mergers and acquisitions activity is often considered a positive sign because it means companies are willing to spend money to expand their businesses and are confident that prospects are improving.

In afternoon trading, the Dow fell 165.90, or 1.6 percent, to 10,249.64. The Standard & Poor’s 500 index fell 20.12, or 1.8 percent, to 1,074.04, while the Nasdaq composite index fell 38.84, or 1.8 percent, to 2,176.86.About six stocks fell for every one that rose on the New York Stock Exchange, where volume came to 484.6 million shares.

Volume has been particularly light in recent weeks, even by summer standards, meaning many investors are still uncertain about the direction of the economy.Joe Benanti, managing director at Rosenblatt Securities, said low volume is probably adding to the sell-off.It’s “probably taking trading a little to an extreme, more than it should,” Benanti said about the light trading volume.If economic reports over the coming months continues to show the economy is growing, even slowly, it could alleviate fears of a second recession. That, in turn, could bring many investors back into the stock market.

For more information visit  http://www.worldmarketmedia.com/779/section.aspx/2263/post/market-slides-in-mid-august-swoon

- About the Author: WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source

Stocks fluctuated Monday as investors did a little buying after four days of heavy selling. The Dow Jones industrial average erased its early losses and was up 27 points. Other major stock indexes rose slightly. Interest rates dropped as investors looking for safe investments bought U.S. Treasury notes and bonds. The market initially pulled back after a regional manufacturing report fell short of forecasts and Japan became the latest country to show signs of slowing growth. Both reports raised investors’ concerns about the pace of the global economic recovery. Analysts said Monday’s trading was just a pause following four days of losses that sent the Dow down almost 400 points.

“The market is really being controlled by (short-term) traders,” said Mike Rubino, CEO at Rubino Financial Group in Troy, Mich. “The long-term investor doesn’t appear to be anywhere in sight.” Without those long-term investors, trading is expected to remain erratic for the foreseeable future. In midday trading, the Dow rose 26.72, or 0.3 percent, to 10,329.87. The Standard & Poor’s 500 index rose 3.05, or 0.3 percent, to 1,082.30, while the Nasdaq composite index rose 19.67, or 0.9 percent, to 2,193.15. About two stocks rose for every one that fell on the New York Stock Exchange, where volume came to 329.6 million shares. Investors continued buying Treasurys Monday, driving interest rates lower. U.S. government bonds are looking more and more appealing to investors wanting to find a safe place for their money as the economy cools and stocks drop. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 2.60 percent from 2.68 percent late Monday. Its yield is often used to help set interest rates on mortgages and consumer loans. The yield on the 10-year note is near the level it last hit in March 2009 when stocks fell to a 12-year low. “It’s a sign of pessimism that investors accept that low a yield,” said Joe Heider, principal at Rehmann Financial in Cleveland. Investors who are concerned about the U.S. economy got some bad news from overseas Monday. Japan said its economy grew just 0.1 percent in the second quarter, well below the 1.2 percent growth in the first quarter and short of expectations. The report follows signs last week that both the U.S. and Chinese economies are not growing as fast as earlier in the year. Meanwhile, the Federal Reserve Bank of New York said manufacturing activity in the state rebounded slightly this month after falling sharply in July. Despite the modest gain, activity did not expand as much as had been forecast, which indicates that economic growth remains tepid.

For more information visit  http://www.worldmarketmedia.com/779/section.aspx/2244/post/stocks-finishthe-day-unchanged

- About the Author: WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source

Stocks fluctuated Friday after a mixed batch of readings on consumer spending contributed to a muddled picture of the economy. The major stock indexes moved in a narrow band, alternately rising and falling in very light trading. Many traders were away on vacation, and those who were working had little reason to make any major moves because of economic data that remains confusing.

The Commerce Department said that retail sales rose 0.4 percent in July. That was an improvement after two months of sales declines. But the number was just below economists’ forecast of a gain of 0.5 percent. The report did show strength in auto sales, but it also showed that consumers are shying away from other purchases. Some better news came from the University of Michigan/Reuters survey of consumer sentiment for the first part of August, which showed consumers are slightly more optimistic. An index based on the survey came in at 69.6, slightly above analysts’ estimates and up from July’s 67.8.

Earlier Friday, retailer J.C. Penney Co. lowered its earnings forecast for the year, citing expectations that consumer spending will be slow. J.C. Penney joined competitor Kohl’s Corp., which lowered its earnings outlook on Thursday.

These latest reports fell in line with a long string of conflicting data that has left investors unsure about where the economy is headed. Consumer spending has remained weak along with the labor market. And there are no signs that employers are ready to start hiring at a pace to help lift the economy. On Thursday, the Labor Department said the number of people filing for unemployment benefits for the first time rose last week. Although J.C. Penney and Kohl’s had disappointments for investors, second-quarter earnings overall have been strong and company executives are optimistic. The split between economic and earnings numbers has added to investors’ murky view of the economy.

That uncertainty has led to heavy selling this week. The Dow Jones industrial average has lost 380 points over the past three days. But the big drop may also have lured some buyers back into the market Friday. “Maybe it’s getting ready to be bought again,” Philip S. Dow, director of equity strategy at RBC Wealth Management in Minneapolis, said of the market. He noted that the market‘s recent declines have made stocks more attractive. Still, that doesn’t mean analysts are looking for the market to rally. “We’re in a fragile market,” said Steven Goldman, chief market strategist, Weeden & Co. in Greenwich, Conn. He noted that the market‘s decline is feeding the lack of confidence among consumers and investors. That inevitably has an impact on the economy.

The Dow Jones industrial average was up 22.29, or 0.2 percent, at 10,342.32. The Standard & Poor’s 500 index rose 0.43, or 0.04 percent, to 1,084.04. The Nasdaq composite index fell 4.28, or 0.2 percent, to 2,185.99. Rising stocks were ahead of losers by 4 to 3 on the New York Stock Exchange, where volume came to a light 445 million shares.

For more information visit http://www.worldmarketmedia.com/779/section.aspx/2230/post/traders-head-out-early-friday

- About the Author: WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source

Stocks fluctuated in early trading Friday after the latest consumer spending readings disappointed investors. The Commerce Department said that retail sales rose 0.4 percent in July. That was an improvement after two months of sales declines. But the number was just below economists’ forecast of a gain of 0.5 percent. The report did show strength in auto sales, but it also showed that consumers are shying away from other purchases. The report came out shortly after retailer JCPenney Co. lowered its earnings forecast for the year, citing expectations that consumer spending will be slow. On Thursday, competitor Kohl’s Corp. lowered its earnings outlook. Consumer spending has remained weak along with the labor market. And there are no signs that employers are ready to start hiring at a pace to help lift the economy. On Thursday, the Labor Department said the number of people filing for unemployment benefits for the first time rose last week. Stocks have been falling as investors’ take on the economic recovery grows more pessimistic. The Dow Jones industrial average has lost 380 points over the past three days. Analysts say many traders are on vacation or just not willing to make any big moves on stocks. That has led to lower trading volume and some skewing of price changes. The big drop may also have lured some buyers back into the market Friday. The Dow Jones industrial average was up 3.03, or 0.03 percent, at 10,325.25. The Standard & Poor’s 500 index rose 0.18, or 0.02 percent, to 1,083.79. The Nasdaq composite index fell 4.41, or 0.2 percent, to 2,185.86. The yield on the Treasury’s 10-year note, which is used to set rates on consumer loans including mortgages, was 2.72 percent, down from late Wednesday’s 2.75 percent. Yields fall as prices rise. Treasury prices have risen sharply this week as investors — worried about the economy and watching stocks fall — sought a safer place for their money. Overseas markets were down. London’s FTSE-100 index was up 0.1 percent, while Germany’s DAX fell 0.1 percent and the CAC-40 index in Paris fell 0.2 percent. Investors in Europe were more concerned with signs of slowing growth in the U.S. than in their own economies. News that the European economy had grown 1 percent during the second quarter gave some support to stocks, but it was not enough to lift them across the board.

For more information visit http://www.worldmarketmedia.com/779/section.aspx/2227/post/3-things-you-need-to-know-before-trading

- About the Author: WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source

Stocks Pulled back mid day around 2%, and few think about the fact that they have run 10% since bottom May 5th post Flash Crash.  The Fed news sent a few Global shivers to fan this broad based sell off.  I would look for a normal 5% correction in this move and we should see a few bargain hunters showing up somewhere across the normal retracement levels.

(Reuters) – Stocks dropped more than 2 percent on Wednesday as worse-than-expected Chinese factory data and a weaker outlook from the Federal Reserve added to worries about the economic recovery. The S&P 500 once again fell into negative territory for the year, with the S&P materials index (^GSPM – News) down more than 3 percent and an index of semiconductors (^SOXX – News) tumbling 4.3 percent.

A volatility index was up sharply, suggesting investors see further choppiness in the market. On Tuesday the Federal Reserve downgraded its outlook on the economy, and said it would begin funneling proceeds from maturing mortgage bonds it holds into longer-term government debt to keep borrowing costs low. The Fed’s assessment of the economy highlighted growth worries.

“Maybe the Fed made investors realize the economy is growing at an anemic pace at best,” said Alan Lancz, president, Alan B. Lancz & Associates Inc., an investment advisory firm, based in Toledo, Ohio. The Dow Jones industrial average (DJI:^DJI – News) was down 226.06 points, or 2.12 percent, at 10,418.19. The Standard & Poor’s 500 Index (^SPX – News) was down 28.53 points, or 2.54 percent, at 1,092.53, and was down 2 percent for the year. The Nasdaq Composite Index (Nasdaq:^IXIC – News) was down 65.74 points, or 2.89 percent, at 2,211.43.

China reported a slowdown in factory output, adding to the picture of softening domestic demand painted by other data a day earlier that showed a sharp drop in import growth. Among top decliners was Cisco Systems (NasdaqGS:CSCO – News), which is due to report earnings after the bell. The stock was down 2.8 percent to $23.64.

For more information visit http://www.worldmarketmedia.com/779/section.aspx/2221/post/market-slumps-into-mid-week

- About the Author: WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source

Summer Friday and GDP is slighly worse than expected and the economy grew slower, thats not really a shocker, as we digst earnings.  Lets face it Q3 can be a bore and all we really wait for is the Football Season and hope to avoid a market sell off in October.  On this Friday the best thing to do is head to weekend thinking and avoid closing on the lows for the day.

(AP) — Stocks fell and interest rates rose in the Treasury market Friday after the government said the economy grew at a slower pace than expected during the second quarter. The Commerce Department said the gross domestic product, the broadest measure of the economy, grew at an annual pace of 2.4 percent from April to June. That’s less than the 2.5 percent economists polled by Thomson Reuters had forecast.

The Dow Jones industrial average tumbled 106 points in early morning trading.

The report confirmed investors’ belief that the recovery is weakening as unemployment remains high and government stimulus programs end. Consumers cut back on their spending because of job worries and companies spent less to rebuild inventories.

The figure was especially discouraging after the government revised first-quarter growth to a pace of 3.7 percent from 2.7 percent.

The Dow Jones industrial average entered the last day of July up 7.1 percent for the month. The market‘s big gains have come on strong corporate earnings and profit forecasts that conflict with economic reports that point to a slowdown.

In the past few days, however, investors have been more focused on economic reports. Disappointing numbers on housing and unemployment and cautious words from the Federal Reserve have sent stocks lower.

In early morning trading, the Dow Jones industrial average fell 105.96, or 1 percent, to 10,361.20. The Standard & Poor’s 500 index dropped 11.88, or 1.1 percent, to 1,089.65, while the Nasdaq composite index fell 28.50, or 1.3 percent, to 2,223.19.

The disappointing GDP report sent investors into the safety of the Treasury market, which drove interest rates lower. The yield on the 10-year Treasury note, which moves opposite its price, fell to 2.93 percent from 2.99 percent late Thursday. Its yield is used to set rates on mortgages and other consumer loans.

European markets fell after reports that Spain’s credit rating is likely to be cut by Moody’s Investors Service. The potential downgrade comes as the country’s unemployment rate jumped to a 13-year high of 20.09 percent and the government continues to grapple with rising debt problems.

Losses also accelerated in Europe after the weak GDP report.

Spain’s IBEX 35 fell 2 percent. Britain’s FTSE 100 fell 0.8 percent, Germany’s DAX index dropped 0.8 percent, and France’s CAC-40 fell 0.8 percent. Japan’s Nikkei stock average fell 1.6 percent.

Click here for more information.

- About the Author: WorldMarketMedia.com (The Global Online Investment Community) is a high traffic stock market, news data website providing cutting edge new media products and services to publicly traded companies worldwide. Our Editor’s Desk authors insightful real-time coverage on the economy, the capital markets and their listed companies. Article Source

Since the early July stock market low the sentiment has completely changed. In late June and early July every business talk show in the media was mentioning a stock market death cross (50 moving average crossing over to the downside the 200 moving average) and a massive head and shoulders top pattern (symmetrical bearish pattern that can often predict the target) in the S&P 500 Index and the Dow Jones Industrial Average. It seemed that Armageddon was upon us. However, as we all know when everyone is looking at the same thing the market rarely does the market allows that to happen. As you all know by now the market has only rallied from early July and has now traded higher by over 10.0 percent.

Now the business shows in the media are feeling good again. Investors are once again getting bullish looking for new highs. It still amazes me that people hated the market around 1011.00 on the S&P 500, however, they love it at 1118.00 when it is higher by more than 10.0 percent. Traders and investors in the media are now telling traders to buy stocks when we are nearing major important resistance levels. Are you telling me you want to buy Freeport McMoRan Copper & Gold Inc (NYSE:FCX) now at $71.50 when you could have owned it in early July at $57.00? What about Cliffs Natural Resources Inc (NYSE:CLF)? These people want you to own it now at $56.00 when they could have owned it at $45.00 in early July. People, this is when the professional trader is selling it to the public. Remember the public is always late to the party.

When everyone loves the market, that is the time to get out. When everyone hates the market that is the time to get in. The talking heads in the media always tell people to chase stock moves higher. It is the same as when a major brokerage firm upgrades a stock at a high. Just look at what happened to Jetblue Airways Corp (NASDAQ:JBLU) on June 14th when it was upgraded $6.80. Ironically, there were not any upgrades to mention on July 2nd when the stock was trading down to $5.25 a share. Simply put just learn to read the charts and forget the news.

Nicholas SantiagoChief Market Strategistwww.InTheMoneyStocks.com

- About the Author: Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He managed money for a large, affluent private client group. After applying his knowledge to his client base, he decided it was time to begin teaching those interested in learning his methods. He is an expert in Technical Analysis. He has become an accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.Com and realize his dream of educating others about the truth of the markets. Article Source