Author: The INO.com Team

Trends, Retracements and Reversals

Posted on by The INO.com Team

By: Chris Irvin, Veteran Instructor & Trader at The Wizard

When we are looking a social media and pop culture it seems that trends change by the minute.  I read recently that the seniors leaving collage this year believe that email is dead.  It is essentially the snail mail of the 21st century and has been replaced by texting.  Waiting for an email response just takes too long.   As I get older, it takes me longer to identify trends, and I often miss the signals that they are coming to an end.  Just ask my kids – they will agree with me.

When it comes to the stock market some people suffer from the same difficulties.  They cannot see the market trends and have a tough time seeing the signals that those trends are coming to an end.  This is a critical skill in the trading world.  The truth is that everything is trending.  It does not matter if you trade stocks, currencies or futures, in some timeframe there will be an observable trend.

In this blog we are going to discuss the definition of a trend, and more importantly how to recognize the difference between “Retracements” and  ”Reversals.” Continue reading "Trends, Retracements and Reversals" →

Indices Insider Australia and Asia: More sideways action in Asia, but it may not last very long.

Posted on by The INO.com Team

By Chris Tedder

www.forex.com

Price action in Asia has, yet again, been broadly sideways over the last week, but most markets have at least managed to push into the green, albeit only just. The ASX 200 and Hang Sang are up around 1.77% and 2.28% for the week, respectively. Whereas, the Nikkei has been hit harder by renewed concerns about the European crisis, poor earnings and a strong yen, and has fallen around 2.48% in the last 5 trading days, which means it is now one of the worst performing markets in Asia this year.

Last week global equity markets were being led forward by a slew of positive earnings reports out of the US, but without this investors are finding a reason to rally is eluding them. This sentiment is hitting the Nikkei 225 hard as Japanese exporters struggle with a strong yen and recent earnings weigh on stock prices. Japan is also struggling under the weight of an ageing economy and weak levels of global demand, thus the market is underperforming most of its counterparts in Asia. Continue reading "Indices Insider Australia and Asia: More sideways action in Asia, but it may not last very long." →

Stocks sharply higher on upbeat manufacturing data

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Tuesday, the 1st of May.

While Adam is away we will be providing the daily update in written form each day with videos on Monday, Wednesday and Friday each week.

DailyXchange
Post and prosper with other MarketClub members everyday.

3 Stocks on the move today:
SHLD (Sears Holdings), ADM (Archer-Daniels Midland), and USO (United States Oil).

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Stocks sharply higher on upbeat manufacturing data" →

Chart of the week: Crude Oil

Posted on by The INO.com Team

A new feature to the Trader’s Blog will be the addition of the Chart of the week. Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

The June Crude Oil rallied every day last week. The market put in higher lows and higher highs on a daily basis after it tested the support trendline (#3 on the chart) last week on Monday morning. Any technical trader would say last week had all of the necessary ingredients for a bull run.

In today’s trade (Monday April 30th), the Crude Oil has been under pressure following unfavorable reports out of Spain and the United States coupled with profit taking ahead of a Labor Day Holiday in Europe and Asia.

The selloff seemed to be targeting the dominant trendline and the 20 day moving average (#1 on the chart) above the highs on the daily chart that kept Crude Oil in a downward channel until Thursday of last week when it closed above. This line was the dominant resistance for months, and may be the dominant support if the market can stay above in the near term. Continue reading "Chart of the week: Crude Oil" →

Microsoft Invests in Barnes & Nobles Digital Book Technology

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 30th of April.

3 Stocks on the move today:
BKS (Barnes & Noble), AMZN (Amazon.com), and KFT (Kraft Foods Inc).

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Microsoft Invests in Barnes & Nobles Digital Book Technology" →