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Inthemoneystocks's Blog – February 2011 Archive (2)

The Oil Services Holders Trust(NYSE:OIH) is trading higher by $1.08 to $159.78 a share this morning. This is a slight up-tick today after a three day slide from the $165.00 high made on February 22, …

The Oil Services Holders Trust(NYSE:OIH) is trading higher by $1.08 to $159.78 a share this morning. This is a slight up-tick today after a three day slide from the $165.00 high made on February 22, 2011. Traders can watch for intra-day resistance around the $160.50 and $161.80 levels. Both areas could see intra-day pullbacks.

Schlumberger Ltd.(NYSE:SLB) is trading trading higher this morning by $1.08 to $90.73 a share. This stock should have intra-day resistance around the… Continue

Added by inthemoneystocks on February 25, 2011 at 11:06am — No Comments

Financial Stocks Can Only Lead For So Long

Since late November 2010, it has been the large major bank stocks that have taken over as the leading sector. Stocks such as J.P. Morgan Chase & Co.(NYSE:JPM), Wells Fargo & Co.(NYSE:WFC), Bank of America Corp.(NYSE:BAC), and Citigroup Inc.(NYSE:C) have soared higher by more than 20 percent in less than three months. The steeper yield curve has certainly been one of the key catalysts for these giant financial institutions.

It is important for investors to remember that… Continue

Added by inthemoneystocks on February 9, 2011 at 11:22am — No Comments

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