S&P 500
2107.39
-13.40 -0.64%
Dow Indu
18010.68
-115.44 -0.64%
Nasdaq
5074.21
-23.77 -0.47%
Crude Oil
60.30
+2.62 +4.35%
Gold
1190.55
0.00 0.00%
Euro
1.0993
0.0000 0.00%
US Dollar
96.853
-0.025 -0.03%
Strong

What Are The Big Trends?

Today, the last trading day of May, I'm going to be looking at where the markets are in comparison to the last trading day of April.

Traders sometimes lose sight of the big picture and big market trends. That's where the monthly charts come in and are so useful.

If you just look at the action today you might think the general market was down for the month. The reality is that it's not down and is higher for the month. At the time of this writing, the S&P 500 index is up 1% for the month. The NASDAQ is doing even better and is up 2.4% for the month of May. The DOW is also positive with a gain of 1.3%. In fact, if you look at the charts, the S&P 500 is going to close at an all time monthly high - if nothing dramatically changes from now until the close. The same holds true for the NASDAQ which will be closing at its best levels ever on a monthly basis. [Read more...]

Don't Let Choppy Markets Get The Best Of You!

Sometimes markets can be very frustrating when they lack direction and appear to be indecisive as to which direction they want to move. When that happens, I always take a look at the major trend, as that gives you a strong clue as to what the future is going to bring.

Every market cycle has its ups and downs and markets tend to go higher and lower than most people anticipate. It is just the nature of the beast.

In today's video, I'm going to look at the big picture in the Dow, NASDAQ and the S&P 500. Each of these indexes are microcosms of what traders are thinking. [Read more...]

7 Stocks That Are Set To Rip

Today I'm going to be looking at seven stocks that are very close to making a breakout and move to the upside.

As this is a shortened week with no trading on Monday, you will want to pay particular attention to how these stocks close this Friday. All of the stocks are well-known and are setting themselves up for continuation moves.

The seven stocks I will be looking at are: [Read more...]

Surprise, Greece Has No Money

It just seems to this observer that the Greek kabuki dance is never ending. How can banks keep lending money to a country that is insolvent? That seems a little backward and just stupid to me. What do you think of the situation in Greece?

Here's the reality of the situation, Greece is going to default, the bankers may as well get ready to write off those loans as the money is not coming back. The next question is, whose next, Portugal, Spain or Italy? The next buzzword that is going to come out of all this is contagion. I think when Greece exits the eurozone it will be good for the euro longer-term. Think of it like when a company announces bad earnings and fires the CEO. The stock price has anticipated and discounted all the bad news and for the most part things get better over time for that company. The euro is the same way as pretty much all the bad news is out, except the actual exit of Greece from the euro.

Sooner or later it's going to come to crunch time and time is getting short. Angela Merkel and Germany are going to have to swallow their pride and make some important decisions very soon.

So onto the only economy that seems to be working and that is the US. Today I'm are going to be looking at the major indices to see if they are beginning to tire or getting ready for another upward push.

I'm also going to be looking at three stocks today. [Read more...]

Alibaba Springs To Life With A Buy Signal Today!

Alibaba Group Holding Limited (NYSE:BABA) sprang to life with a buy signal today (5/21). After being in a prolonged sideways movement for the past 3.5 months, Alibaba gave a major trend change buy signal today with a green monthly Trade Triangle kicking in at $91.88.

NYSE:BABA

A Fibonacci retracement of this stock would take it back to between $100.21 and $104.88. You would use this as your initial target zone.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Hey, It's Just The Cost Of Doing Business

Today the Justice Department announced that it was levying fines against some of the world's major banks for rigging the foreign-exchange markets. The fines announced totaled $2.8 billion. Yes, I know that's a lot of money, but the reality is it's just the cost of doing business for these banks.

If the Justice Department really wants to get serious on this issue I think they should put some of these bankers in jail, that's what they fear the most - not the money fines. Jail time is the answer to stamping out the illegal activity and white collar crime.

Meanwhile, Citigroup Inc. (NYSE:C), a stock I discussed last week as a buy, is practically unchanged for the day and remains higher for the week. The fines levied by the Justice Department against the banks were like water off a duck's back.

In today's video, I'm going to be looking at all the major markets including the three major indices. I will also be looking at gold, crude oil and the euro and time permitting, one or two stocks.

Tell us what you think, do you think that these bankers should go to jail or was the fine large enough to satisfy everyone?

Have a great day treating everyone.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

5 Stocks You Need To Know About

Well it's Friday and it's been quite a week, but I found five stocks that I believe will do well in the coming weeks.

Three of these stocks are going to be weekend trades as they just made 52-week highs today. The other two stocks gave Trade Triangle signals and are moving out of great chart formations. Both look ready to go higher and I will show you why I think they're headed higher and why I think you should be looking at them seriously.

Here are the three stocks I like for weekend trades: [Read more...]

Did You Miss These Two Signals?

At the beginning of the week, I stated that this week would be a game changing week. It's beginning to play out that way with tomorrow being the key day.

Yesterday, the Trade Triangles issued a major buy signal in gold (FOREX:XAUUSDO). Could this possibly be indicating that inflation is on its way? I have said all along that the only way the United States can get out of its multi-trillion dollar deficit hole is to inflate asset prices.

Today, the Trade Triangles issued a buy signal on the Dow (INDEX:DJI). Can the NASDAQ and S&P 500 follow behind?

In today's video, I will be looking at gold and where I think it's headed to the upside and the implications it could have on equity prices. [Read more...]

Time To Check Out The Internet Portfolio

Hello MarketClub members and traders everywhere. I thought today I would take a look at the Internet portfolio to see exactly how it is positioned in the following Internet stocks. This particular portfolio has shown returns of 65% in 2013, the first year we began tracking this portfolio, to a return of 16.4% last year.

The portfolio consists of only five stocks and is very easy to follow. Now, I understand that there are a lot more popular Internet stocks out there which we don't track in this portfolio, but these are the five stocks I believe will have big moves. As long as the stock moves up or down, you should be making money with this portfolio.

Here are the five stocks that we follow: [Read more...]

3 Reasons Why This Week Could Be A Game Changer

Hello everyone, welcome to the beginning of a new trading week and what could be a game-changing week for the markets.

What stood out to me last week was the massive rally on Friday with the jobs numbers that were perceived to be better than expected. If that were not enough over the weekend, we had interest rates cut in China, with stocks over there rallying to the best levels in two weeks.

Here are the three reasons why I think stocks have the potential to go higher. [Read more...]

© Copyright INO.com, Inc. All Rights Reserved.