S&P 500
1994.29
-16.11 -0.81%
Dow Indu
17172.68
-107.06 -0.62%
Nasdaq
4527.24
-52.55 -1.16%
Crude Oil
91.46
+0.59 +0.65%
Gold
1233.72
+14.98 +1.23%
Euro
1.288655
+0.003335 +0.26%
US Dollar
84.391
-0.305 -0.39%
Weak

Poll: Will you buy Alibaba stock?

IPO day has finally arrived for the Chinese e-commerce giant Alibaba Group Holding. Alibaba Group Holding will trade on the NYSE using the symbol BABA. Alibaba's IPO debut has become a hot debate for the market. The demand for its shares has risen so much so that the bankers had to stop taking orders in some places recently.

That leads us to our poll question today....

Will you buy Alibaba stock?

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As always, we would love to hear what you thing about Alibaba Group Holding (NYSE:BABA).

Every Success,
Jeremy

Fed Signals It Plans To Keep Key Interest Rate At Record Low

The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low for a considerable period because a broad range of U.S. economic measures remain subpar.

The Fed said it planned to keep its benchmark rate near zero as long as inflation remains under control, until it sees consistent gains in wage growth, long-term unemployment and other gauges of the job market.

The central bank retained language signaling its plans to keep short-term rates low "for a considerable time" after it ends its monthly bond purchases after its next meeting in October.

Stock prices rose after the Fed issued its statement at 2 p.m. Eastern time. Traders appeared pleased that the Fed seems in no hurry to raise rates. [Read more...]

A Closer Look at the US Dollar

Using the standard weekly currency chart we followed along for months as the Euro found resistance at the long-term downtrend line as expected, the commodity currencies long ago lost major support and non-confirmed the commodity complex and the US dollar moved from a hold of critical support, to a trend line breakout, to its current impulsive and over bought status.  It is time now for a closer look at Uncle Buck since this reserve currency is key to so many asset markets the world over.

As the charts below show, USD is over bought on both daily and weekly time frames.  But the monthly is interesting because its big picture view is that of a basing/bottoming pattern, and it is bullish.  That is a long-term director, so regardless of what happens in the short-term, a process of unwinding the hyper-inflationist ‘Dollar Collapse’ cult is ongoing.  Signs point to disinflation toward deflation.

We’ll start with a daily chart and then ascend right through the weekly and then the monthly to take the pulse of USD.

As noted, the daily chart below is very over bought.  It is currently consolidating the big jerk upward that has come against Euro-negative policy from the ECB and an increasing drum beat about an eventual rise in the Fed Funds rate in the US.  People are finally catching on to the fact that the US economy has been strengthening since early 2013 and that the Fed is looking out of touch holding ZIRP despite this strength.

So the dollar is getting bid up.  The question the chart asks is whether the current consolidation will work-off of another over bought situation, or is a prelude to a reversal?  The answer is going to be key to the bounce potential in many asset markets, but especially commodities, which are generally tanking and precious metals, with gold eventually due to firm after it finishes its bear market and its fundamentals come in line.

usd.daily

You will recognize the weekly chart as it is the top panel of our long-running multi-currency chart.  RSI has been added to this view to show the over bought level.  Note that the weekly has joined the daily in over bought status on this most recent drive, whereas it was merely healthy – and not over bought – the last time the daily registered an over bought reading in July. [Read more...]

Top Dividend Plays - Stock and ETF

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Free Report: Top Dividend Plays (Stock and ETF)In this report, you'll learn…

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Enter your name and email address to receive instant access to this complimentary report and daily analysis on all the major markets impacting your portfolio.

Enjoy,




Wayne Burritt
Market Research Contributor
INO.com, Inc.

Do you plan on buying one of Apple's new iPhones?

Today is Apple's big day as it announces new products at 1 pm ET. What Apple, Inc. (NASDAQ:APPL) will announce has been the talk and buzz of the tech world for the past several weeks and we want to know what you think.

So here is today's question....

Do you plan on buying one of Apple's new iPhone?

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Thank you for participating in our poll.

Poll: Labor Day Weekend

Labor Day is upon us here in the U.S. and it marks the unofficial end of summer. The kids are back in school, the NFL is about to start their season and investors will come back to the markets after their summer break.

When they come back, they will see that the S&P 500 hit the 2000 level and we are in the 4th longest bull run in market history. There seems to be a growing confidence for the market to head higher. What do you think?

Will the market head higher after Labor Day?

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As always we would love to hear your thoughts on the markets. Please take a moment to vote and leave a comment.

Have a great holiday weekend,
The INO.com Team

Is It Time To Buy Yelp, Inc. (NYSE:YELP)?

Yelp (NYSE:YELP) is the go-to app for reviews on restaurants, shopping, local services and the like.

Earlier this year in March, Yelp was trading over $100 a share and looked on its way to the moon. However, just the reverse happened and Yelp lost half its value by early June. Since that time, the stock has recovered and traded as high as $80 in early July.

There are several reasons why I like this stock right now and they're all technical. I have no inside knowledge of what is going on inside Yelp, but I can say that the technicals are looking very positive for the stock. Today, the weekly Trade Triangle kicked in, indicating that the intermediate trend is now inline with the longer term uptrend.

1. All of the Trade Triangles are positive and displaying a +100 Chart Analysis Score.
2. There is a monthly Trade Triangle in place.
3. Pivot Point - measures the move to $85 a share.
4. Weekly Trade Triangle kicked in today at $76.49.
5. The RSI indicator is trending to the upside and is over 50.
6. The MACD indicator has recently turned up.

Just remember, there are no guarantees in trading, even with all the positive indicators. I'm looking for Yelp, Inc. (NYSE:YELP) to trade back to the $85 level in the near-term. As always, please remember to use money management and stops that work for your own trading strategy.

Good luck and every success trading in Yelp shares,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Steady Profits in Uncertain Times

Steady profits in uncertain times, that's the dream of every investor. The question is, how do you achieve that goal?

Let's face it, there are a lot of distractions in this crazy world that we are living in. Those distractions, whether we like it or not, do play on our emotions and in turn, affect our decisions.

The same is true for making trading decisions. We are distracted many times by external events. These events, for reasons perhaps unknown to ourselves, lead us to make decisions that we ordinarily would not make.

Emotions are the #1 element to control when you are trading and certainly more money has been lost trading on emotion than has been made.

So what's an investor to do? [Read more...]

Time To Buy Tesla

Yesterday, Tesla Motors Inc. (NASDAQ:TSLA) flashed a buy signal at $229.78. This put all three Trade Triangles in a positive trend.

The RSI indicator moved over the 50 level, which is also another strong confirmation. I view that action as the continuation of a strong upward trend for Tesla.

CHART LEGEND
1. Long-term positive trend line
2. All Trade Triangles are positive
3. Weekly buy Trade Triangle yesterday
4. The RSI indicator is now over 50
5. Upside target zone of $300

Technically, I can see Tesla Motors Inc. (NASDAQ:TSLA) moving to the $300 range. Look for near-term resistance around the $240 and $260 levels.

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

3 Profitable Forex Strategies For 2014

Today, I would like to share with you 3 easy-to-use, profitable Forex strategies based on the Trade Triangle technology. There is a strategy available for short-term, intermediate-term, and long-term trading styles. All strategies have been time tested and have proven to be winners over time.

If you are a short-term trader, watch this Forex video:

If you are an intermediate-term trader, this is the Forex strategy for you: [Read more...]

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