InTheMoneyStocks'  Instablog

The NIKKEI 225 (INDEXNIKKEI:NI225) dropped 1,060.23 (-7.32%) to close at 14,483.98 last night. This was after a 30% rise in their stock market in the last 6 months. These type of sharp declines are a result of market bubbles built by Central Bank intervention. In the case of Japan and the Nikkei, the Japanese Central Bank has printed even more money than the Federal Reserve.

Bubble after bubble and bust after bust, the average investor is starting to get savvy. When a stock market can drop over 7% in one day and it is no big deal because it is just a small correction, something is wrong. In addition, the average investor gets in late to the party, usually near the highs. Therefore, the drop actually hurts them the most, often causing substantial losses.

Bottom line is, investors are usually screwed by buying high and selling low. They know the game Wall Street plays with pumping the markets and are finally saying 'enough is enough!'

F#ck Wall Street and start making more money than the institutions who rape the average investor.

Gareth Soloway
InTheMoneyStocks.com<

Yesterday, the House Republicans pushed through a bill Wednesday to bypass the president to speed up the approval of the Keystone pipeline. The oil pipeline stretches from Canada to Texas. At this time, most of the energy being transported is done by the railroads. The 1,700-mile pipeline would travel though Montana, South Dakota, Nebraska, Kansas and Oklahoma on its way to refineries in Houston and Port Arthur, Texas. This news is certainly a negative for the leading railroad stocks.

Some leading railroad stocks that are trading sharply lower today include Kansas City Southern (NYSE:KSU), CSX Corp. (NYSE:CSX), Union Pacific Corporation (NYSE:UNP), and Norfolk Southern Corp (NYSE:NSC). It is still important to note that President Obama rejected the use of the pipeline because of environmental fears.

Nicholas Santiago
InTheMoneyStocks.com

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The important energy sector accounts for roughly 16.0 percent of the S&P 500 Index. Today, most of the leading energy stocks are declining lower at the start of the session. Exxon Mobil Corp (NYSE:XOM) is the leading stock in the sector. This stock also has the largest market capitalization in the stock market at $406 billion, so it is safe to say that this stock carries a lot of weight in the markets. Day traders should watch for three important support levels on XOM at $91.00, and $90.45, and $89.43. These are all levels where XOM stock could bounce intra-day.

Some other leading energy stocks that are declining lower today include Devon Energy Corp (NYSE:DVN), ConocoPhillips (NYSE:COP), BP plc (NYSE:BP), and Suncor Energy Inc (NYSE:SU). Traders should follow XOM very closely as it is the leader of the industry group. Should the energy stocks decline further it will help to pull down the major stock indexes much further.

Nicholas Santiago
InTheMoneyStocks.com

(click to enlarge)