S&P 500
2076.78
-0.64 -0.03%
Dow Indu
17730.11
-27.80 -0.16%
Nasdaq
5013.68
+0.56 +0.01%
Crude Oil
54.72
-2.21 -3.98%
Gold
1164.90
-3.95 -0.34%
Euro
1.108580
+0.004160 +0.38%
US Dollar
96.224
-0.175 -0.23%
Weak

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...]

How To Trade Like A Hedge Fund

Today, I would like to show you how to create your own private hedge fund for your own account. It's not that difficult and it can make a huge difference to your bottom-line. Let me explain what I mean by that.

What Is A Hedge?

A hedge is an investment position intended to offset potential losses/gains that may be incurred by a companion investment. In simple language, a hedge is used to reduce any substantial losses/gains suffered by an individual or an organization.

A hedge can be constructed from many types of financial instruments, including stocks, exchange-traded funds, insurance, forward contracts, swaps, options, many types of over-the-counter and derivative products, and futures contracts.

Public futures markets were established in the 19th century to allow transparent, standardized, and efficient hedging of agricultural commodity prices; they have since expanded to include futures contracts for hedging the values of energy, precious metals, foreign currency, and interest rate fluctuations.[1]
Source: Wikipedia.org.

For our purposes today I'm going to be looking at hedging stocks. I'm going to give you specific examples of what you can do today. One stock you're going to buy and go long, the other stock you're going sell and go short.

In order to make this work, you need to have the same amount of invested capital in each stock. The two stocks I'm looking at today are traded on the New York Stock Exchange (NYSE). The first stock is ONEOK Inc. (NYSE:OKE), the second stock is Basic Sanitation Co. (NYSE:SBS).

For discussion's sake, let's say you have $10,000 to invest. Divide the money up into two buckets of $5,000 each. You would then look at what price each stock was trading at. OKE is currently trading around $43 a share and SBS is trading around $6 a share. Then divide the value of 1 OKE share (presently at $43) into $5,000. This gives you 116.27 shares that you can buy or short with your $5,000. To make things easier, I would round this down to either 110 or 115 shares.

NYSE:OKE

ONEOK, Inc. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. [Read more...]

Did This Multi-Billion Dollar Company Just Make A Major Reversal To The Upside?

Today, I'm going to be looking at a very well-known stock that has all the tell-tale signs of having put in a major low this week. This company also just announced a new CEO, as well as a significant earnings beat.

In addition to this stock, I will also be looking at all three of the major indices. All three indices flashed warning signals yesterday to move to the sidelines.

The broad trading range that is the gold market right now continues. Today, gold experienced a sizable decline and is rapidly approaching the lower levels of its trading range.

Crude oil has taken a bit of a pause, but remains on its upside trajectory. I'm still thinking that an upside target zone of somewhere around $68-$70 a barrel is in the cards.

The dominant dollar has been losing ground against the Euro for the past four weeks. While we may see another dollar bounce, the dollar continues to look less powerful than it did just four weeks ago. I still think that the euro can go somewhat higher (1.1500) from where it is right now.

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

There Is Not Much Difference Between The Fed And Greece

Hello everyone and happy Cinco de Mayo.

Let's start with Greece. It is an ongoing disaster that nobody wants to face, especially the bankers who may have to take a 50% haircut on their loans, that's if they're lucky. I think it was Citibank's former chairman, Walter Wriston, that said, "Countries don't go bankrupt." Welcome to the real world Walter. Greece is going to default or there is going to be a revolution in the country.

That leads us to the Federal Reserve. I'm not sure they fully understand and know what they're doing. I think this grand experiment of quantitative easing has gotten way out of hand. In hindsight, it looks like the Fed got the country into something that we didn't have a plan to get out of. The answer to this conundrum was always down the line and some time in the future. The Fed has had over six years to figure this out and there is still no plan to get out of it. "More data" is another way for the Fed to say, "we don’t know!" Ben Bernanke is gone and now has a new job with a hedge fund and Janet Yellen, the new Fed chairwoman, is another disciple from the same school of thought that Ben came from. So, what do you think? Do you think the Fed has any idea what it's doing? [Read more...]

Time To Buy These 5 Buy Stocks?

Hello MarketClub members and traders everywhere! As you start a new week, it is important to look at what happened last week in the markets.

There's no doubt that last week was tough week for most traders with Apple sliding almost 4% which was enough to drag practically every other market down. But what interested me was the market action on Friday. Last Friday we saw a recovery in the market and when one looks at the RSI indicator, all the major indices closed over the 50 line. In fact, all of the Trade Triangles on both the indices and Apple remain positive in both the intermediate and long-term trends.

I would not be surprised to see the market chop around these areas for a while, but I would rather be a buyer here, than a seller.

Here are some of the stocks I think are worthy of your attention: [Read more...]

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