Seeking Alpha

InTheMoneyStocks'  Instablog

InTheMoneyStocks
Send Message
InTheMoneyStocks.com is a proprietary research, consulting and investment alerts company focused on guiding investors, swing traders and day traders to financial success. Their PPT Methodology is a proprietary blend of price, pattern and time discoveries that has helped produce 216.37% net... More
My company:
InTheMoneyStocks.com
My blog:
Rant & Rave - Pro Traders Blog
  • Financial Stocks Tell You Everything 0 comments
    Jun 26, 2013 10:43 AM | about stocks: JPM

    This morning, many of the leading financial stocks are fading from their gap higher open. Some of the leading financial stocks that every trader should follow is JPMorgan Chase & Co. (NYSE:JPM), Goldman Sachs Group Inc (NYSE:GS), and BlackRock, Inc. (NYSE:BLK). As long as these stocks hold up the major stock indexes are likely to hold up. Should these stocks start to decline or sell off then it is an indication that downside could be in the cards for the major stock indexes.

    Today, leading financial stock JPM is trading higher by 0.17 cents to $52.25 a share. Day traders should watch for intra-day support around the $51.75, and $51.44 levels. Both levels depending on the intra-day chart pattern could be bounce areas for the stock.

    Nicholas Santiago
    InTheMoneyStocks.com

    (click to enlarge)

    Stocks: JPM
Back To InTheMoneyStocks' 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.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


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.