Seeking Alpha

InTheMoneyStocks.com's  Instablog

Gareth Soloway has been an avid trader since his days at Binghamton University where he studied Economics. After receiving a BA in Economics he began work as a financial advisor. While working as a financial advisor, Gareth continued to study the markets and trade for himself. Following his work... More
My business:
InTheMoneyStocks.com
My blog:
Pro Traders Rant and Rave
  • TRADE LESSON: KNOWING THE TRADING ENVIRONMENT TO PROFIT INTRA-DAY 0 comments
    Nov 4, 2009 11:27 AM | about stocks: POT, SPY
    It is very important to understand the current trading environment. If you were a construction worker or a landscaper it is safe to say that you may check the weather outside before going to work. Therefore, as a trader it is important to know what the pulse of the market is. One simple way to do this is to follow the U.S Dollar. When ever you see the dollar lower it will generally give and upside bias to all commodity and inflationary stocks. For example, if the dollar is lower it is important to look at stocks such as Potash(POT). POT is a leading agriculture stock and very inflationary. In this case a weak U.S. Dollar would be beneficial to agriculture stocks.

    Simply put, it is important to know the trading environment to start the day.



    Stocks: POT, SPY
Back To InTheMoneyStocks.com's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »
Latest Followers

StockTalks

  • The SPY has sold off from it's high made at noon. Watch the 111.00-110.95 intraday support level. Possible bounce are for the SPY.
    about 16 hours ago
  • (CHK)has been slipping lower after hitting highs around 12ET.There will be good intraday support at the 26.26 level. This is a bounce area.
    about 16 hours ago
  • BIDU $18 Point Winner On Pro Trader Watch List
    about 16 hours ago
More »
Posts by Ticker
AA, AAPL, AKS, AMZN, BAC, BNI, BX, C, CAT, CHK, CMG, COST, CPSL, DD, DDSS, DXD, EDZ, FAZ, FDX, FSLR, GLD, GOLD, GOOG, GS, INTC, JPM, KO, LNG, MGM, NGAS, NIV, NLST, NVDA, OIH, POT, RIMM, ROYL, SPX, SPY, SUTR, TOL, UNG, UPS, USO, UUP, VVUS, X, XOM

Latest Comments


Most Commented
  1. Volume, The Underutilized Voice Of Market Direction (1 Comment)
  2. Cataclysmic Event On Horizon For Markets...Either $107 Or Huge Drop Coming Based On Blast In Next... (1 Comment)
  3. SEMICONDUCTORS ARE STRONG TODAY, HERE IS THE REASON WHY (1 Comment)
  4. TRADE LESSON: LEARN THE RELATIVE STRENGTH OF A STOCK (1 Comment)
  5. All Of A Sudden Zombie Dollar Alert...The Dead Are Walking Again And Just Will Not Die... (1 Comment)
Posts by Themes
day trading, dollar, forex, futures, goldman, hedge funds, investing, money, obama, options x, short selling, stock market, stocks, swing trading, technical analysis, trading, trendline, volume, wall street
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.