AAPL, NFLX, FB, YELP, all in today's update

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 21st of October.

In today's report, I will be covering many of the major markets that have been pushing the indices to new highs.

I'll start with Apple (NASDAQ:AAPL), who is rolling out new products tomorrow at 10am PT/1pm ET at San Francisco’s Yerba Buena Center. The slogan for the Apple roll out is, "we still have a lot to cover," so it should be a market mover.

I will also be looking at Netflix (NASDAQ:NFLX), which has turned out to be a big winner for us this year. Netflix is reporting earnings today after the bell. Continue reading "AAPL, NFLX, FB, YELP, all in today's update"

How to Find Trading Opportunities in ANY Market

Learn ways to spot trading opportunities using wave analysis and other technical analysis methods

By: Elliott Wave International

Senior Analyst Jeffrey Kennedy is the editor of our Elliott Wave Junctures and one of our most popular instructors. Jeffrey's primary analytical method is the Elliott Wave Principle, but he also uses several other technical tools to supplement his analysis.

In this trading lesson, Jeffrey demonstrates how to determine when an Elliott wave trade setup becomes a trade.

You can apply these methods across any market and timeframe. Continue reading "How to Find Trading Opportunities in ANY Market"

Federal Reserve Policy Failures Are Mounting

By Lacy H. Hunt, Ph.D., Economist

The Fed's capabilities to engineer changes in economic growth and inflation are asymmetric. It has been historically documented that central bank tools are well suited to fight excess demand and rampant inflation; the Fed showed great resolve in containing the fast price increases in the aftermath of World Wars I and II and the Korean War. In the late 1970s and early 1980s, rampant inflation was again brought under control by a determined and persistent Federal Reserve.

However, when an economy is excessively over-indebted and disinflationary factors force central banks to cut overnight interest rates to as close to zero as possible, central bank policy is powerless to further move inflation or growth metrics. The periods between 1927 and 1939 in the U.S. (and elsewhere), and from 1989 to the present in Japan, are clear examples of the impotence of central bank policy actions during periods of over-indebtedness.

Four considerations suggest the Fed will continue to be unsuccessful in engineering increasing growth and higher inflation with their continuation of the current program of Large Scale Asset Purchases (LSAP): Continue reading "Federal Reserve Policy Failures Are Mounting"

What's Happening To The Smaller Banks?

By: Tim Melvin of Benzinga

Consider the life of a banker running a small bank today.

It used to be a great life running one of these little banks. You oversaw a network of 10 or 15 branches in smaller towns or suburbs across the country and were a well-liked business leader of your community.

More than likely you weren't just a member of the Rotary and other civic groups, you were an officer of the group.

Bankers helped people buy homes, grow their businesses, put their kids through college and even save for and fund their retirement. The employees had good jobs and made decent money and really liked the bank and the officers. The stock price was at a nice premium from the original offering price and most folks in town were pretty excited about that. On weekends, the bankers probably played golf and went to local college games with local politicians, developers and car dealers. Continue reading "What's Happening To The Smaller Banks?"

Chart to Watch - Natural Gas

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 December Natural Gas Futures (NYMEX:NG.Z13.E).

I hope you are having a GREAT week !

This week we will take a look at December Natural Gas.

When trading futures with the MarketClub system we use the weekly Trade Triangles for the trend and the daily Trade Triangles to time the entries and exits.

Natural Gas has put in a green weekly MarketClub Trade Triangle and has put in a red daily MarketClub red Trade Triangle. Continue reading "Chart to Watch - Natural Gas"