Author: The INO.com Team

Chart to Watch - Starbucks Corp. (Nasdaq:SBUX)

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the Starbucks Corp. (NASDAQ:SBUX).

I hope you are having a GREAT week !

With stocks you use the monthly MarketClub Trade Triangles to tell trend and the weekly MarketClub Trade Triangles to time the entry and exit points.

With the monthly Trade Triangle pointing up and the weekly pointing down Starbucks Corp. (NASDAQ:SBUX) has set up a buying opportunity.

When the weekly Trade Triangle turns red (down) you wait for a new green weekly Trade Triangle (up) and then as long as the monthly Trade Triangle is still green you would go long Starbucks Corp.(NASDAQ:SBUX). Continue reading "Chart to Watch - Starbucks Corp. (Nasdaq:SBUX)" →

U.S. unemployment benefit applications fall to 330,000

Posted on by The INO.com Team

The number of Americans seeking unemployment benefits fell 15,000 last week to a seasonally adjusted 330,000, signaling fewer layoffs and steady job growth.

The Labor Department said Thursday that the less volatile four-week average dropped 9,750 to 349,000.

A Labor spokesman said there was no indication that snow and freezing weather around much of the country caused the drop in applications. The number of applications could fluctuate in the coming weeks because of harsh winter weather that closed some offices this week and last, said Yelena Shulyatyeva, a U.S. economist at the bank BNP Paribas.

Applications are a proxy for layoffs. They appear to have stabilized near pre-recession levels after a period of volatility around the Thanksgiving and Christmas holidays. That suggests recent job gains will continue. Continue reading "U.S. unemployment benefit applications fall to 330,000" →

Why Trade Triangles Matter For 2014

Posted on by The INO.com Team

Today, I'm going to be looking at two stocks and their recent Trade Triangle signals.

Netflix (NASDAQ:NFLX)

Netflix, Inc. (NASDAQ:NFLX) provides Internet television network service that enables subscribers to stream TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.

Netflix had a recent Trade Triangle exit signal at $359.04 on 1/6/14. The very next day this stock dropped like a brick and shaved 5.58% off the value of this company. That’s why Trade Triangles matter.

Want to analyze Netflix Inc.(NASDAQ:NFLX) or another symbol? Try our Free Stock Trend Analysis Report.

BLACK CHART NUMBERS
1. Weekly Trade Triangle entry signal @ $334.50
2. Trade Triangle information
3. Weekly Trade Triangle entry signal @ $359.04
4. Netflix down 5.58% in one day.

To summarize, I expect Netflix to be on the defensive in the near-term, unless I see otherwise in the Trade Triangle technology. Continue reading "Why Trade Triangles Matter For 2014" →

Precious Metals: Risk Management to Opportunity

Posted on by The INO.com Team

What Has Been

A solid 2.5 years of risk management (to varying degrees) has been required of precious metals investors.  It was most intensely required after the announcement of QE3, when the net commercial short position in silver began a relentless march toward a very bearish alignment in late 2012 and then the HUI Gold Bugs index lost an important support level at around 460.  Here is the chart of silver with a heavy commercial net short position from NFTRH 215, dated 12.2.12:

si.cot

As for the HUI, NFTRH 215 also noted this on 12.2.12: Continue reading "Precious Metals: Risk Management to Opportunity" →

On My Radar Today - Solarwinds, Inc. (NYSE:SWI)

Posted on by The INO.com Team

Today, I'm going to be analyzing the stock of SolarWinds (NYSE:SWI).

SolarWinds, Inc. designs, develops, markets, sells, and supports enterprise-class information technology (IT) and infrastructure management software to IT professionals in various organizations worldwide.

Solarwinds SWI Analysis

The most outstanding chart feature to me is the 10-month long term downtrend line, which has seen a breakout to the upside. This trend line touches three price points, making it a valid and important trend line. Continue reading "On My Radar Today - Solarwinds, Inc. (NYSE:SWI)" →