Author: The INO.com Team

A Perfect Day For A Reversal And Some Stocks To Buy

Posted on by The INO.com Team

Hello MarketClub members everywhere, no doubt you have seen the sharp rally which started on Friday and continued yesterday. Tuesdays typically are days when you see a reversal and I expect today will be no different from other trend reversal days.

The proximity of major resistance for all three indices indicates that professionals will be selling against those highs. I'm talking about the DOW which has major resistance at 16,993.43, the S&P 500 which has major resistance at 2020.86 and finally the NASDAQ which has resistance at 4960.87. I do not expect those levels to be taken out on this current rally.

The choppy trading action we had been seeing for the past six weeks is a fight between the bullish forces and bearish forces of the market. At times like this, it is best to look at the big picture for the true trend. That picture still indicates to me that the major trend is down for all three indices. Continue reading "A Perfect Day For A Reversal And Some Stocks To Buy" →

Stock Whisper Of The Day

Posted on by The INO.com Team

The Stock Whisperer, Stefanie Kammerman, shows you how she uses pre-market price action to pick the hottest stocks of the day.

Stefanie Kammerman has taught thousands of traders worldwide how to day trade and swing trade over the past 21 years. She is the founder and director of The Stock Whisperer Trading Company, where she runs an online trading room called The Java Pit.

She offers numerous workshops, live classes and bootcamps on everything from discipline and the psychological aspects of trading, to how to identify the best levels to trade and how to spot when the big money is buying. Learn by watching her trade as she teaches her students how to read the tape and trade around the dark pool.

Enjoy,
The INO.com Team

Two Stocks That Are Ready To Explode To The Upside

Posted on by The INO.com Team

Hello MarketClub members everywhere, I hope you all had a great and restful weekend. It's the start of another trading week and we had a strong opening in the market. What's going on, aren't we supposed to be in a bear market?

We are in a bear market overall, but even bear markets have rallies. I believe that the current rally will fade and the market will once a gain resume its downward trend. In today's video, I will be showing you the exact points where I expect the market to fail on the upside.

I will also be looking at two stocks that I believe are ready to explode to the upside and defy the general market's overall negative tone. Continue reading "Two Stocks That Are Ready To Explode To The Upside" →

The Three Biggest Mistakes Traders Make - Volume 1

Posted on by The INO.com Team

INOTV

Why a Seminar About Mistakes?

We often learn more from mistakes than from successes. But traders tend to focus on, and are fascinated by, success – especially the success of others.

Unfortunately, the advice these pros offer on how to make money is often contradictory.

People lose money in the markets either because of errors in their analysis or because of psychological factors that prevent the application of good analysis. Most of the losses are due to the latter.

All analytical methods have some validity and make allowances for the times when they will not work. But psychological factors can keep you in a losing position and cause you to abandon one method for another when the first one produces a losing position.

Most discussions of the psychological aspects of the markets focus on behavioral psychology or psychoanalysis, i.e. sublimation, regression, suppression, anger, self-punishment.

This isn't to say such approaches aren't instructive; it's just that most people find it hard to digest and apply the information presented. But more importantly, such approaches are trying to change your natural psychology – a difficult, if not impossible, task.

WATCH NOW: The Three Biggest Mistakes Traders Make - Volume 1

Best,
The INOTV Team

The Two Faces Of Stock Market Volatility

Posted on by The INO.com Team

By Elliott Wave International

Volatility, volatility, volatility. It's all the financial world can talk about lately... and, well, for good reason. In the past few months, the world's stock markets have endured some of the most gut-wrenching price swings since the 2007-2009 financial crisis.

But for many investors, it's still not clear what this volatility means for the status of the bull market in U.S. stocks.

The reason why said status remains unclear is in large part because the mainstream pundits haven't exactly been consistent with their punditing. (Note: NOT a real word!)

Take, for example, this summer. Before U.S. stocks fell off the cliff this August, the market was about as volatile as a yoga retreat. The trend was a slow, calm, and steady ascension to a higher self. In fact, the ultimate "fear gauge" known as the CBOE Volatility Index (VIX) had dipped below 12 for the first time since 2014.

Now, according to the usual experts, this extended period of market calm was a bullish sign, as these news items from the time explain: Continue reading "The Two Faces Of Stock Market Volatility" →