CHICAGO, Sept. 13, 2011 /PRNewswire/ -- Zacks highlights commentary from People and Picks Trader "inthemoneystocks".
(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)
For more Voice of the People, visit http://at.zacks.com/?id=5851
Featured Post
Do Not Stop Looking at This Chart
Traders must continue to watch a chart of the U.S. Dollar Index. This morning, the U.S. Dollar Index futures (DX U1) has pulled back a bit from its overnight high. This pullback in the DXY has helped the major stock market indexes to bounce a little off the morning lows.
When the DXY declines the major stock indexes will usually inflate and trade higher. Should the DXY rally higher throughout the trading session traders should expect the major stock indexes to see some more selling pressure as the markets continue to deflate.
Energy and commodity stocks are very sensitive to the action in the DXY, therefore, these stocks will usually trade inverse to the U.S. Dollar Index. Traders can watch leading stocks such as Exxon Mobil Corp. (NYSE: XOM), ConocoPhillips (NYSE: COP) and Freeport McMoRan Copper & Gold Inc. (NYSE: FCX) to be under pressure on the back of a stronger U.S. Dollar Index. Should the U.S. Dollar Index decline or fade from the open these stocks are likely to bounce off the morning lows.
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Contact: Brent Billock
People & Picks Manager
Company: Zacks.com
Phone: 312-265-9307
Email: [email protected]
Visit: www.Zacks.com
SOURCE Zacks Investment Research, Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article