Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 9th of September.
Finding winning trades among literally thousands of stocks used to be difficult and time consuming. Now, thanks to high-speed computers, that task is so much easier. One of the many things I like about MarketCub is its ability to sort through thousands of symbols with just a few mouse clicks.
Personally, I like to see ETFs that have good volume and I do not trade in markets that trade less than a hundred thousand shares a day. It is too easy for a market like that to be manipulated by a few players. Like everybody else, I don't like to be manipulated.
Today, I found seven ETFs that show potential buy signals using our Trade Triangle and Smart Scan technology. I'll show you how I used our scanning tools and share with you what ETFs I found in this video. Who knows? These ETFs could be just right for your portfolio.
Tomorrow, Apple (NASDAQ:AAPL) unveils its long-awaited iPhone 5S and 5C. Much has been written and rumored about Apple's new iPhones, new color, new operating system and fingerprint security. Lest we forget, Apple is still the most valuable company in the world and the stock has being doing very well lately. It looks set to move up to my $540-$550 target zone. The general market is not looking for any surprises to come out of their press event. If something should come out of left field that no one has written or reported on, it could be a real game changer and accelerate Apple stock to the upside. I would not rule out a surprise from Apple tomorrow.
What are your thoughts on Apple? Would you buy Apple today before tomorrow's press event?
Have a great trading day,
Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.