Chart to Watch - JMBA

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 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 Jamba Inc. (JMBA).

I hope you are having a GREAT week!

This week let's take a look at a low priced stock that looks to have explosive upside potential.

All three MarketClub Trade Triangles Daily, Weekly, and Monthly are pointing up, which means all systems are GO for JMBA as of right now as far as the MarketClub Trade Triangles are concerned.

JMBA has been in a clear up trend and has hit a resistance area.

If JMBA breaks through resistance that will be extremely bullish price action, especially if the move through resistance happens on higher than normal volume, so please keep an eye on the volume, if JMBA continues higher. Continue reading "Chart to Watch - JMBA"

Today's Video Newsletter: Apple implodes, Netflix explodes, and Starbucks reports after the bell

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 24th of January.

The news after the bell yesterday was not so good for Apple. In after hours trading, Apple plunged down over 10%, losing over $40 billion its value in a little less than 90 minutes! To put that in perspective, Apple's loss of $40 billion in shareholders' value was greater than the total value of Wells Fargo Bank! Our Trade Triangle technology nailed Apple stock months ago and signaled its move to the downside. Continue reading "Today's Video Newsletter: Apple implodes, Netflix explodes, and Starbucks reports after the bell"

The 12 Rules to Follow for Buying Dividend Stocks

Many of you have probably filled out one of the "retirement planner" forms available online. Plenty of tax and accounting programs also have "Lifetime Planner" sections for folks to determine if they can afford to retire.

These sorts of programs plug certain assumptions into a formula, such as projected inflation rate, retirement income, anticipated spending levels, and portfolio growth rate. After you add your personal information, it projects how much money you'll be able to produce annually during retirement, and how long it will last.

The first time I ran these numbers, the program said I was good until 116 years of age. At the time, I believed that if we followed the plan as outlined, my wife and I would never have any real money worries. We'd be set for the rest of our lives and could proudly leave some to our children to help with their retirement. How naïve of me! Continue reading "The 12 Rules to Follow for Buying Dividend Stocks"

Today's MarketClub TV: Apple reports earnings after the close … and the world waits

Hello traders everywhere! Adam Hewison here, President of INO.com and co-founder of MarketClub with MarketClub TV for Wednesday, the 23rd of January.

After the bell today, Apple reports its fourth-quarter earnings and it could be a surprise. The stock is very close to its recent lows of $488, which represents a 61.8% Fibonacci retracement from the highs around $700 a share.

Can Apple regain its mojo? Will a perceived poor earnings report overcome the current negative attitude that has driven this stock down to the basement?

Any rally in an Apple surprise should be viewed as a "dead cat bounce" in a longer term downtrend. The waiting will be over after the bell. Continue reading "Today's MarketClub TV: Apple reports earnings after the close … and the world waits"

Ding, Ding, Ding?

Behold the beauty of this title: Investors Most Optimistic on Stocks in 3-1/2 Years in Poll

I was reviewing this morning’s news items the above headline stuck out like a sore thumb.

A little stroll down memory lane:

In May of 2012 NFTRH 188 used this graph among other indicators to get bullish on a risk vs. reward basis, stating “and then there is this beauty… the dumb money has lurched hard to ‘risk off’.

Smart/Dumb money confidence, May, 2012

I personally took some pretty good grief for writing Dumb Money Sold in May and Went Away over at Contrary Indicator Central – AKA the Seeking Alpha comments system – to the version of the article published at SA.  The most memorable of the responses by defensive bears was “Gary = Dumb Investor”.  I considered these comments to be of great value, because to be an effective contrary market player you must, almost by definition, appear dumb to most people a lot of the time. Continue reading "Ding, Ding, Ding?"