Author: The INO.com Team

Fundamental Analysis or Technical Analysis

Posted on by The INO.com Team

Today's guest post is from our friends at the Benzinga News Desk. Today they are going to ponder the age old question of fundamental or technical analysis and discuss the Elliot Wave Principle. Be sure to comment below with your own thoughts and learn more about the Benzinga News Desk here.

Investors and traders have been arguing for the longest time about which overarching strategy is king: fundamental analysis or technical analysis. Long-term investors believe that technical analysis is trash and nothing more than lucky betting, while short-term traders think that fundamental aspects of companies and economies do not matter for short-term price movement. Continue reading "Fundamental Analysis or Technical Analysis" →

"One last thing ...thank you, Steve Jobs"

Posted on by The INO.com Team

It is so hard, but this is from the heart.

One of my heroes, a genuine American genius has passed away this evening. I am referring to  Steve  Jobs,  who created so much of the technology and innovation that we enjoy and use everyday in our lives.

It was thanks to Steve, that I was able to write my book,  "Right on the Money".  It was thanks to Steve, and the technologies he created and championed, that I was able to make the successful  transition to the digital world.

I'm not sure why I feel so sad, I never met Steve personally, but I felt, I knew him through the technologies he created.  I'm not sure why, surrounded by my iPhone, iPad2 and my MacBook Pro,  all of which  are basically hardware and software, that I miss the heartbeat of Apple. Unless you are an Apple fan, you will not have the same feeling, I have this evening. Thanks to Steve, I feel a connection through the technology he created and believed in.

I feel an enormous loss and void this evening, but I'm not sure how I can explain that to you in words. I was not related to Steve, nor as I said earlier, did I know him personally.  None the less there is a profound sense of loss and sadness that I feel  for Steve and his family,  and the technology world.  Steve passed away at the top of his game, but too early.

I'm sure they're going to be a lot more eloquent tributes to Steve, but this one's from the heart. Thank you Steve, for all that you gave the world. You were the equivalent of a Einstein or a Henry Ford in my mind.  You were a true American maverick, and I will miss,  and forever treasure the technology you created and shared with the rest of the world.

As Steve would say, "One last thing ..."

Thank you,
Adam Hewison
President, INO.com
Cofounder MarketClub.com

Beware of Mob Madness

Posted on by The INO.com Team

WIN A FREE 1 YR SUBSCRIPTION TO MARKETCLUB ON A HP WiFi TABLET

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 5th of October.
Beware of Mob Madness!

What is it about mobs that make them so dangerous? The problem is mob mentality. Here you have a group of people who individually are regular folks, but put them in a crowd and they lose all sense of what is right and wrong. They justify their actions because of what they see other people doing.

Using social media sites like Twitter and Facebook, mobs were getting together for the Arab spring in the Middle East. Now we have mobs getting together in Greece and other parts of Europe, even my homeland, England! And we have the same problem here in major cities in the United States. This is what I call the dark side of social media, and one that I believe is so very dangerous.

Is it healthy? Is it good for America, or any country? Absolutely not!

One of the most fascinating books I have ever read about the market is Charles Mackay's, "Extraordinary Popular Delusions and the Madness of Crowds." It is a history of popular folly, first published in 1841. The book chronicles its subjects in three parts: "National Delusions", "Peculiar Follies", and "Philosophical Delusions". This book has gathered a body of academic support as a work of considerable importance in the history of social psychology and psychopathology. I highly recommend that you pick up a copy.

As you see, 170 years later we haven't changed very much as human beings. Understanding this mob phenomenon can be a huge advantage and is going to be one of the keys to being successful in the next 12 months. As always, we will do our best to keep you informed and on the right track.

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3 STOCKS IN THE NEWS
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COSTCO (Symbol COST) - Trade Triangle (Monthly) Long from $83.45 on 9/16/11.
Now trading @ $81.50

MORGAN STANLEY (Symbol MS) - Trade Triangle (Monthly) short from $26.70 on 4/12/11.
Now trading @ $13.89.

RESEARCH IN MOTION (Symbol RIMM) - Trade Triangle (Monthly) short from $57.48 on 3/25/11.
Now trading @ $23.55.

Now let's go to the 6 major markets we track and update every trading day and see how we can create and maintain your wealth in 2011. Continue reading "Beware of Mob Madness" →

It’s Official, We Are In A Bear Market For the S&P 500

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 4th of October.
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WIN A FREE 1 YR SUBSCRIPTION TO MARKETCLUB ON A HP WiFi TABLET
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It's official! We are in a BEAR MARKET in the SP500.

For MarketClub members this is old news, as we alerted all members to either exit or place short positions on the S&P500 on August 2nd at 1258.07. That's over two months ago!

How much further do we have to go on the downside? That's a legitimate question, however, with Bear markets they tend to persist longer and take more pain than most investors are willing to sit through.

As you know from watching our videos, we are projecting lower levels for the S&P 500, as well as the banks and financial institutions. Those moves on not over yet.

In today's presentation, we will be talking about three markets that are in the news. This will be a regular feature and we will try to bring you information that is timely, informative and educational. We will be talking about stocks, the Forex markets, and the futures markets.

Here are 3 markets that are in the news:

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3 STOCKS IN THE NEWS
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AMR - Trade Triangle (Monthly) short from $7.02 on 2/01/11.
Now trading @ $2.33

BAC - Trade Triangle (Monthly) short from $13.16 on 4/14/11.
Now trading @ $5.43

AAPL - Trade Triangle (Monthly) long from $355.13 on 7/07/11.
Now trading @ $379.93

Now let's go to the 6 major markets we track and update every trading day and see how we can create and maintain your wealth in 2011. Continue reading "It’s Official, We Are In A Bear Market For the S&P 500" →

It's Official, We Are In A Bear Market For the S&P 500

Posted on by The INO.com Team

If you've been watching Adam's 1 p.m. Updates, you already know that we called this bear market 2 months ago on 8/2/11 using MarketClub's Trade Triangle technology.

Our Monthly Trade Triangle triggered at 1258.07 and we are currently trading at 1093.89 -- that's a move to the downside of 13.05%!

Here at MarketClub we work hard every day to assure that our members have the most up-to-date market information and spot-on signals. If you're not watching Adam's Updates, we suggest that you tune in today at 1 p.m. EDT to see what Adam - and the Triangles - have to say about the big move down that started last week.

Every Success,
The MarketClub Team