Is Wal-Mart in trouble?

Wal-Mart Stores Inc. (NYSE:WMT) is the largest retailer in the world, and if they are have problems, then we really have to examine and be concerned about what is really happening to the economy.

Yesterday, it was reported that Wal-Mart stores were cutting back on U.S. orders amid an inventory backlog. It was later denied by David Tovar a spokesperson for Wal-Mart. However, true or false it managed to push the stock of Wal-Mart down over 2% on the day.

That is a fundamental viewpoint. What is interesting technically about Wal-Mart is the fact that it recently broke below a 25 month trend line.Trend lines are enormously important for determining the momentum and trends of stocks, commodities, and any number of items that can be charted. In order to be a valid trend line, it must touch three points along the line to be truly meaningful. The longer the time frame, the more meaningful and powerful the trend line becomes. A two year trend line like Wal-Mart recently broke thru to the downside is significant and should not be ignored.

Continue reading "Is Wal-Mart in trouble?"

Real Estate, Are you Buying?

Sales of new homes increased 7.9 percent last month to a seasonally adjusted annual rate of 421,000, the Commerce Department reported Wednesday. That comes after sales plunged 14.1 percent in July to a 390,000 annual rate. The National Association of Realtors also reported last week that the sales of previously occupied homes rose in August to a seasonally adjusted 5.5 million annual pace. That's a healthy level and the highest in more than six years. With a positive outlook in the housing market we wanted to ask.....

What are your real estate plans?

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Every Success,
The INO.com team

Is it time to start looking at gold?

Gold (FOREX:XAUUSDO) has been so much out of favor over the last couple of years that it seems like no one is really looking or talking about this market anymore.

I was looking through a bunch of charts last night and I found some interesting technical aspects to gold that I would like to share with you today. Looking at the chart below, we can easily see the Fibonacci correction in gold. The gold market retraced back to an area of natural Fibonacci support, which is between the $1,170 and $1,308 levels. This represents major 61.8% and 50% Fibonacci retracements on the chart.

The gold market also found support in a long-term trend line, which started in 2005. This is extremely important in my view as the trend line is in an upward trajectory. We would need to see gold move into some sort of consolidation pattern before we would see a reversal to the upside in this market.

At the moment, all of our Trade Triangles are negative and I do not recommend going against these indicators. As you can see by the trading results, just by following the Weekly Trade Triangles, you do so at your own peril.

One of the hardest things for most investors and traders to do is to buy something that's been going down for a long time, investors are just not mentally prepared to do that. The purpose of today's posting is to mentally prepare you to start thinking about gold and putting gold on your radar screen for a future move. When it begins, I believe we could see a significant upside rally in this metal.

So let's wrap up with the positives and negatives for gold. Starting with the potential positives, the Fibonacci numbers and the long-term trend line from 2005 all support the long-term upward trend in gold. On the negative side, all of our Trade Triangles are red, indicating that the trend is still down.

Ideally what I would like to see in gold is a combination of the market moving out of its support area and our long and intermediate term Trade Triangles turning green and positive.

Have a great trading day.
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Using Economic Analysis To Trade Binary Options

Capital markets are generally driven by supply and demand for specific financial instruments.  There are many underlying factors that drive specific instruments such as stocks, commodity and currency rates.  One of the best ways for an investor to determine the future direction of certain financial instruments is to use economic analysis, to initiate and determine a trading position to and profit in Binary Options.

Economic Analysis:

Economic analysis is the process of analyzing new economic data to determine if new information is priced into a financial instrument.  Financial markets usually price in certain expectations of future economic information into a financial instrument and the release of new information will generally alter price action to incorporate the new information almost immediately.  Price action is generally volatile after an economic release which produces an opportunity to trade an instrument that takes advantage of short periods of volatility such as Binary Options – with customizable time frames to trade and profitability determined by the correct prediction in direction of a an asset price and trend . Continue reading "Using Economic Analysis To Trade Binary Options"

Is The Market Slide Over?

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 24th of September.

The four day slide in the DOW (INDEX:DJI) pulled this index back to a perfect 30.2% Fibonacci retracement, where the market found support. With our long and intermediate term Trade Triangles in a positive mode, I am looking for this and the other market indices to resume their upward trend. The headwinds are of course, funding of the federal government, tapering, Syria and Muslim extremism. Any of those events could spook the markets in the month of October.

Today, President Obama is speaking at the United Nations (now there is a misnomer). I'm not sure what that's going to do, as the UN has been a largely ineffective organization since its inception on 24th of October, 1945. The U.S., thanks to your tax dollars, funds 22% of the UN, China 5.15%, and Russia 2.5%.

Gold continues to struggle and the question is, is gold close to a major bottom? I will be examining gold, plus reporting on the following stocks in today's video report.

Apple (NASDAQ:AAPL)
Facebook (NASDAQ:FB)
Netflix (NASDAQ:NFLX)
Pandora Media (NYSE:P)
Tesla (NASDAQ:TSLA)

If you would like to leave a comment on anything I have discussed in today's video, we would love to get your feedback.

Have a great trading day,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

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Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.