S&P 500
2010.40
-0.96 -0.05%
Dow Indu
17279.74
+13.75 +0.08%
Nasdaq
4579.72
-13.71 -0.30%
Crude Oil
91.72
+0.07 +0.08%
Gold
1214.160
+1.400 +0.12%
Euro
1.28347
-0.00204 -0.16%
US Dollar
84.782
+0.492 +0.63%
Strong

What Is The Greatest Market Indicator In The World?

Now some would argue that fundamentals are the most important element in trading, others might argue that technicals are the most important. It might also be argued that perception is the key to trading.

I would have to say there's a certain element of truth in the fundamentals, the technicals, and perception. But to me, the greatest market indicator in the world is the market itself. You can't argue with the market and win.

In today's example, I'm going to look at crude oil futures (NYMEX:CL.V14.E). I think this is an excellent example of how potential fundamental elements did not play out. When crude oil was trading over $100 a barrel, many were calling for it to go significantly higher based on the turmoil in the Middle East and also what was happening in the Ukraine.

Well, the exact opposite occurred as oil tumbled lower month after month. Now you could stick to your guns and say to yourself that fundamentally I think crude oil is going higher. If you had adopted that strategy no matter how logical it may seem to you at the time, you'd be sitting on a tremendous loss at this present time.

Holding onto losses is not the way to trade in any market, whether it's stocks, futures, foreign exchange, ETFs or precious metals. The name of the game is making money - less we all forget.

The market may fool you every once in a while, but what program or approach doesn't do that? But overall, the market gets it right every time as it is a total of everyone's knowledge. When you have so many brains working for you around the world, how could you not pay attention to what the market is actually doing?

So let's take a look at the October crude oil contract (NYMEX:CL.V14.E) to see how MarketClub's Trade Triangle technology handled the 10% drop over the last few months.

CHART LEGEND
1. All Trade Triangles are red and negative and show a -100 Score.
2. On 7/7/14 the Weekly Trade Triangle indicates a short position at $102.40.
3. RSI moves below the 50 line.
4. RSI now acts as resistance at the 50 line.
5. RSI now acts as resistance at the 50 line.

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

High Oil Prices Are Here To Stay -- Here's How To Profit

American oil production is surging. Yet oil prices remain near $100 a barrel.

You may be wondering: When will all of this additional production finally overtake demand and push the price of oil down?

You can find one answer in the price of oil futures -- which say we can expect oil to fall to closer to $80 in the coming few years and stay there.

 

Is the market correct? Are oil prices heading south?

I think that the answer is no, for several reasons -- especially after I listened to a recent presentation by Bill Thomas, the CEO and chairman of EOG Resources (NYSE: EOG).

EOG is, by a considerable margin, the largest horizontal oil producer in the world. That means the company has access to the best data available on horizontal oil production and resources.

Put simply, EOG and Thomas believe that the futures market is all wrong about oil prices. The company is bullish on oil and focused on producing more of it.

What EOG sees -- and the market doesn't seem to grasp -- is that for all intents and purposes, the horizontal oil boom is coming from only two plays: the Bakken Formation in the upper Midwest and the Eagle Ford Shale in South Texas. A slide from EOG's most recent investor presentation illustrates this clearly: [Read more...]

Article source: http://www.streetauthority.com/node/30462447

Why Major Trends Are Important

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Thursday, the 3rd of April.

Indices

Major Trend : BULLISH
Intermediate Trend : BULLISH

One lesson I learned a long time ago in my trading career was to never fight the trend. Trends tend to persist longer and go further than most expect. Yesterday, the Dow 30 gave a signal that it was once again resuming its upward trend, joining the S&P 500 in a positive trend. The NASDAQ is in a neutral and sideways mode. Watch today’s video to see my upside target levels.

[Read more...]

Are The Markets Just Teasing Us?

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Wednesday, the 26th of March.

It would appear as though most of the major indices have just been spinning their wheels and going nowhere fast in the past 4 to 5 weeks as they have all been in a broad trading range. This type of market action can lull investors to complacency, but for me it has always been a wake-up call to pay close attention to the market as something big is going to happen.

As I see it, the market is doing one of two things, it's either building a base to move higher or it's a distribution top – only time will tell which is the correct answer.

One of our members suggested that the Dow 30 could be making an inverse head and shoulders formation. Certainly this is possible, but I need to see a clear breakout to the upside to confirm this formation.

The other concern I have is the damage done to the NASDAQ earlier this week as it fell to a 6-week low. How this particular index closes on Friday is going to be very important in my mind. Again, I will be watching this market very closely for signs of either a continuation of the bullish trend or a top. [Read more...]

2 Troubling Trends For Investors

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Thursday, the 20th of March.

If you have read my posts for any length of time, you will see that I frequently refer to the saying, "the trend is your friend." However in this case, there appear to be two developing trends that will offer some amazing opportunities, but at the same time create some very dangerous times for the planet.

I'm sure like many investors, you are tracking what is going on in the Ukraine and Crimea. I do not view this as a positive, in fact, I think this is a once-in-every-two-generations kind of event and a very negative trend not just for the US and Europe, but for the global community in general. [Read more...]

Gold's Grinding Message

Precious metals boosters will see gold's nominal price break upward and probably get excited.  They will marshal the troops for what could one day turn out to be a full fledged tout, as if the 40% decline of the last 2.5 years had never happened.

gold

But it is gold’s ratios to positively correlated assets that tells the interesting story.  Vs. Crude Oil, the story could be shaping up to be a positive one for the gold mining industry, which is counter cyclical and obviously energy and fuel intensive. [Read more...]

Bulls or Bears - Who Will Win?

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Tuesday, the 11th of March.

The Dow Is Balanced

Looking at the Dow Jones Industrial Average (INDEX:DJI), you have half of the stocks in a bull trend and the other half in a bear trend, giving a very mixed picture and somewhat neutral look to the Dow 30. The question is, which side is going to win out, the bulls or the bears? As with any market, I will be watching the Trade Triangles for an indication of this index's next move.

Gold Adjusting To New Levels

After rallying over $150 from the lows that were seen in late December, the gold market has gone into a sideways pattern as it begins to readjust to its new trading levels of $1,320 to $1,360. At the moment, it would look like short-term traders should be out of this market and that long-term traders could hold on to long gold positions. I'm still see the Gold (FOREX:XAUUSDO) moving higher longer-term. [Read more...]

It's Tricky Tuesday, So Be Careful

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Tuesday, the 11th of February.

Tricky Tuesdays

What are they and why do they matter? Oftentimes bull and bear markets come to an end on a Tuesday, why is that? It all has to do with momentum. Typically a market builds up momentum over the weekend and that enthusiasm tends to carry over into Monday and early Tuesday trading. This is the same momentum rule I use for the "52-Week New Highs on a Friday" trading strategy.

Rule #1: On a new 52-week high when the market closes at or close to its high on a Friday, buy and go home long for the weekend. [Read more...]

A Big Win For Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR)

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Thursday, the 6th of February.

Yesterday, the Coca-Cola Company (NYSE:KO) announced it was buying a 10% stake in Green Mountain Coffee Roasters, Inc. (NASDAQ:GMCR). Under the terms of the deal, Coke will purchase 16.7 million shares in Green Mountain for about $1.5 billion.

This appears to be a match made in heaven as Green Mountain will now become the official maker of the soda giant's single-serve cold beverages, built on its Keurig pod-based system. [Read more...]

The Big One Reports Today - Amazon.com Inc. (NASADQ:AMZN)

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Thursday, the 30th of January.

Reporting After The Close Today

Amazon.com Inc. (NASDAQ:AMZN) reports earnings after the close today and analysts are looking for a beat on sales. Amazon.com, Inc. operates as an online retailer in North America and internationally. Technically, Amazon is in a trading range bound by $408 on the upside and $380 on the downside. Before getting positive on Amazon again, the stock would have to make new all-time highs over $408 a share. All will be revealed after the market closes today.

What Is Going On With Apple?

[Read more...]

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