Author: The INO.com Team

Chart to watch

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of Stocks 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 GOOG.

With a Market Club score of 90, all 3 time frames
monthly, weekly, and daily are pointing down as of right now.

The monthly Market Club trend arrow
just put in a sell signal for GOOG today, 05/31/12. Continue reading "Chart to watch" →

Coal and Shale Gas: American's Energy Siblings Are Locked in Rivalry

Posted on by The INO.com Team

By Marin Katusa, Casey Research

Competition is supposed to make competitors stronger, but when it comes to the battle between coal and shale gas for supremacy as the United States' power-generating fuel of choice, the rivalry instead has each commodity holding the other down.

Coal is the reigning champ is this competition, having provided at least 50% of the electricity consumed in the United States for many decades. Continue reading "Coal and Shale Gas: American's Energy Siblings Are Locked in Rivalry" →

Daily Video Update: May was a great month if you followed our Trade Triangles

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 31st of May.

DailyXchange
Post and prosper right here with other MarketClub members everyday.

Did you follow our #1 trading rule in May?

#1 Pro Trading Tip: DON'T FIGHT THE MARKET … MOVE WITH THE MARKET

MAY'S MARKET MOVING SECTORS and STOCKS: Continue reading "Daily Video Update: May was a great month if you followed our Trade Triangles" →

I wouldn't look for China to save the world

Posted on by The INO.com Team

It's the last day of the month and what a terrible trading month it has been for most investors! The month of May saw all the major indices turn negative based on our Trade Triangle Technology. This is not something to be taken lightly, as it foretells of the future trends for all of the major indices.

We have come to the end of the road and the can cannot be kicked any further. It is the moment of truth for investors and the moment of truth for politicians worldwide. It is the moment no one wants to face. Continue reading "I wouldn't look for China to save the world" →

Pullback off lows – The only pattern you need to know in downtrending markets

Posted on by The INO.com Team

 

As we go through the charts of the daily indexes and individual names we see a lot of Pullback Off Lows (POL) patterns.

Much like in uptrending markets Pullback Off Highs (POH) patterns are the only pattern you need to know, in downtrending markets the opposite applies.  In downtrending markets POL's are the only pattern you need to know for shorting. Those POL's are also the what to watch out for if you are long. That all said below are the daily charts of the indexes.  Continue reading "Pullback off lows – The only pattern you need to know in downtrending markets" →