Author: The INO.com Team

Stocks Move Back To The Upside

Posted on by The INO.com Team

After moving mostly lower over the past few sessions, stocks moved notably higher over the course of the trading day on Thursday. The markets benefited from a positive reaction to the latest developments overseas as well as some upbeat U.S. jobs data.

The major averages gave back some ground in the final hour of trading but remained firmly positive. The Dow rose 72.46 points or 0.5 percent to 13,485.97, the Nasdaq jumped 42.90 points or 1.4 percent at 3,136.60 and the S&P 500 climbed 13.83 points or 1 percent to 1,447.15.

The strength on Wall Street was partly due to optimism about the possibility of further stimulus from China, with reports suggesting that the China Securities Regulatory Commission will take steps to prop up the domestic equity market. Continue reading "Stocks Move Back To The Upside" →

Daily Video Update: Forget politics, forget the news, forget the election... just focus on what the market is doing

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 27th of September.

How can anybody make any sense of this market with all of the conflicting signals in Europe, the looming fiscal cliff, and the upcoming general election?

At MarketClub, we listen to the most important voice of all, the market itself. I'm sure someone has impressed upon you at some point to "be a good listener". It is amazing what you can learn when you just listen to what is being said.

Simplify your life, go with the flow. Go with what the markets are telling you. Right now, they are telling us they want to go higher.

At the moment, the major trend in the all of the US indices is on the upside, so that's the way we are going to be approaching the market until the market tells us that the trend has changed.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

Click Here to view today's video

Is there hope for a profitable RadioShack?

Posted on by The INO.com Team

With James Gooch, the CEO of RadioShack stepping down, there are serious questions about the future of the former electronic retail powerhouse.

With mounting losses resulting from a change in consumer needs and decreasing market share to online retailers, is it still possible for brick and mortar stores to be successful?

The factors behind the decline in stock price of RadioShack are obvious. Many people have all of the electronic devices they need in their pocket, thanks to their smartphone. Desktop PCs and other items that were big-ticket items in the past have been consolidated into smaller phones and tablet devices, which are more competitively priced and have much smaller profit margins for retailers. Continue reading "Is there hope for a profitable RadioShack?" →

Stocks fall on European unrest

Posted on by The INO.com Team

Stocks saw considerable weakness during trading on Wednesday, adding to the steep losses posted in the previous session. Lingering concerns about the financial situation in Europe continued to weigh on the markets along with a negative reaction to U.S. housing data.

Housing stocks moved sharply lower on the heels of the new home sales report, dragging the Philadelphia Housing Sector Index down by 3 percent. With the loss, the index pulled back further off the nearly five-year closing high it set last Friday.

M/I Homes (MHO) and Meritage Homes (MTH) posted particularly steep losses within the housing sector, tumbling by 8 percent and 7.3 percent, respectively.

Oil service stocks also moved sharply lower over the course of the trading day, dragging the Philadelphia Oil Service Index down by 2 percent. The weakness in the sector came as the price of crude oil extended a recent downward move, closing below $90 a barrel. Continue reading "Stocks fall on European unrest" →

MarketClub TV for 9/26/12: Forget the iPhone 5 - I'm not upgrading!

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 26th of September.

Apple, Apple, Apple... by now I'm sure you've heard about the iPhone5. Yes, it is a wonderful phone, but I for one will not be upgrading to the iPhone5. I know it's faster, it's thinner, it's bigger, it has an App to leap over tall buildings. But what drives the iPhone is the software. The new iOS6 operating system, which I downloaded to my iPhone on Saturday, makes me a happy camper, plus I don't want to carry something around in my pocket that is bigger. I don't see any need to upgrade to the new iPhone5, and I think I'm not alone. After the initial surge, I think sales will drop off as others may share my same feeling. I was in my local Apple store this past weekend and the store was fairly busy, but no more than normal.

Riots in Spain and Greece today prove nobody wants to take a haircut with the new austerity measures that need to be implemented to receive the benefits of the European bailout.

The big question that concerns me, is the US next? With record gun sales and a persistent unemployment problem, can social unrest be that far away? Charles Plosser, the president of the Philadelphia Fed Bank, said that he did not think that QE3 or QE Infinity is going to help the economy anytime soon. Not exactly what you want to hear from a member of the Fed, and certainly not a ringing endorsement of the Fed's policy to just chuck more money at the economy, hoping something will work.

The reality is, the strategy that the Fed has embarked on has never worked over any length of time. Only businesses, not the Government, can create lasting jobs in America.

Okay, time to get off my rant mobile.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

Click Here to view today's video