Author: The INO.com Team

Can An Old Chinese Custom Save Greece?

Posted on by The INO.com Team

It seems like this weekend is crunch time for Greece and the EU. At first I thought it was inevitable that Greece would exit the euro... Now I'm not so sure and it all has to do with Face.

In Chinese culture, nothing is quite as important as the concept of Face. Face represents a person's reputation and feelings of prestige within multiple social circles, including the workplace, family, friends, and society. This perhaps is the one of the most difficult concepts for most Western societies to understand.

Gaining and losing Face is serious business and could be why the EU and Greece may resort to a Face-saving solution. Greece will get what it needs (53 to 55 billion dollars) and the EU saves Face by keeping Greece in the euro zone.

So in my opinion, the whole EU deal rests on Face and not on billions of dollars. We should see this tragic, comedy of errors play out this weekend and be settled. Certainly the markets would like that to be the case.

Just talks of a solution was enough to rally the markets overnight and going into the weekend it's going to be very important to see where these markets close. Continue reading "Can An Old Chinese Custom Save Greece?" →

Q2 Produced Double-Digit Returns For The Internet Portfolio

Posted on by The INO.com Team

The Internet Portfolio managed to produce a gain of 11.8% for Q2. The big winners in this portfolio when Netflix Inc. (NASDAQ:NFLX) and Amazon.com Inc. (NASDAQ:AMZN).

What is all the more remarkable is the fact that the NASDAQ was practically flat during Q2 with a modest gain of a little over 1%.

You can learn more about MarketClub's Internet portfolio here.

Here are the five stocks that are tracked in the Internet portfolio:

Facebook Inc. (NASDAQ:FB)
Netflix Inc. (NASDAQ:NFLX)
Yelp Inc. (NYSE:YELP)
Yahoo! Inc. (NASDAQ:YHOO)
Amazon.com Inc. (NASDAQ:AMZN)

Out of those five stocks, there were gains in three and losses in two for a 60% winning edge.

How this portfolio works, we track and publish a model $50,000 account that you divide into five buckets of $10,000 each. Depending on the value of the share that determines how many shares you buy rounded down. For example, Facebook trading at $82.50 would allow you to buy 120 shares. It's entirely different when you look at a stock like Netflix trading at $441.69 you would've just purchased 22 shares of that stock. The idea is to keep the portfolio balanced percentage wise. For example, a 1% gain in Netflix would be the same as a 1% gain in Yahoo based on a $10,000 bucket. The idea is not to bet big on any one stock or to try to pick the big winner for the year. The reality is no one knows and this approach is conservative and has produced outstanding results in our research.

Here are the actual number of shares traded and the recent gains and losses. Continue reading "Q2 Produced Double-Digit Returns For The Internet Portfolio" →

Greece, China And The Trade Triangles Have A Lot In Common

Posted on by The INO.com Team

It seems all we can talk about in the markets are the ongoing Greek charade or the next talking point China. You will hear no end of experts telling you what they think of Greece and China and what will happen if this or that takes place. The reality is, no one knows for sure what's going to happen.

My advice, simplify, simplify, simplify. Keep it simple as the market doesn't pay you more for overthinking. In fact the market doesn't care what you or anyone else thinks, it's going to go its own way no matter what.

And that's the beauty of the Trade Triangle technology it doesn't over think the markets. In fact it doesn't think at all it's an algorithm.

To the best of my knowledge, no one predicted the recent weakness in crude oil. As everyone knows usage tends to be high in the summer months when people travel for vacations.

Remember I said no one knows, however, the Trade Triangle technology is an unbiased algorithm that literally goes with the flow and does not overthink any situation. You only have to look at a chart of crude oil to see just how this simple unbiased approach has performed. The Trade Triangles have made close to a 150% return in the last eight days based on latest Trade Triangle signal. That represents a gain of about $6,000 per contract in just over a week, and that's not listening to anyone except what the market is telling the algorithm!

So when it comes to investing and trading look no further than MarketClub's Trade Triangle technology as it will over time far outperform most of the so-called experts out there.

Today, I will be looking at two stocks that gave important buy signals yesterday.

They are: Continue reading "Greece, China And The Trade Triangles Have A Lot In Common" →

The "NO" Vote Heard Around The World

Posted on by The INO.com Team

I am sure by now you have heard that the citizens of Greece voted no to austerity and the latest deal that was presented to their country.

Here's a question for you, how is it that a small country like Greece with only 6.6 million people can suck in so much money from the international banking community?

It may be just a normal part of the Greek culture that they use deception to get what they want. Look back in history it started with the Trojan horse that the Greeks used to enter the city of Troy and win that war.

More recently in order to gain entry and acceptance into the European Union in 1981 and to later adopt the euro as its official currency in 2001. This was all done with deception, as the Greeks stated that their debt to GDP was 5% when in reality it was 15% and on an unsustainable track. I am sure that the Greeks looked upon it as another Trojan horse and they got what they wanted.

To put this perspective, the Greek economy only accounts for 2/10 of one percent of the world economy. In other words, it's not an economic powerhouse by anyone's imagination.

The question now is with the contentious Greek finance minister Yanis Varoufakis resigning shortly after the 61.3% NO vote, can Greece make a deal. His departure/removal was a clear gesture by Prime Minister Alexis Tsipras that he wants to begin fresh debt renegotiation.

The vote is indicating that Greek people did not want, nor would accept more austerity for their poor beleaguered country. Who in their right mind would vote to hurt and punish themselves? It was a brilliant political move by Prime Minister Alexis Tsipras to call the referendum when he did.

Okay, now for the big question, what's this No vote going to do to the markets? Continue reading "The "NO" Vote Heard Around The World" →

The U.S. Dollar's 2014-2015 Rally: Wave 3 in Action

Posted on by The INO.com Team

An excerpt from our free 14-page report shows you how the Elliott Wave Principle can "Boost Your Forex Success"

By: Elliott Wave International

I always say trading forex markets is like riding a bike -- except that said bike has one flat tire and the ground beneath it is covered in ice.

So why are they so popular, you might ask? In fact, forex is the most liquid market on earth, where trillions of dollars change millions of hands every day.

The reason people are so willing to ride that bike -- so to speak -- is because if you can stay on, the rewards are often unmatched. The trick, of course, is staying on.

There's no such thing as a fool-proof strategy. Slips and scrapes are bound to happen. But as the title of Elliott Wave International's chief currency strategist Jim Martens' go-to guide reveals, there is definitely a way "The Elliott Wave Principle Can Boost Your Forex Success."

Here below, you can read an exclusive excerpt from Chapter 1: Continue reading "The U.S. Dollar's 2014-2015 Rally: Wave 3 in Action" →