Author: The INO.com Team

Here's A Couple Of Stocks I'm Looking At

Posted on by The INO.com Team
Here's a couple of stocks I'm looking at that I think represent fairly low risk. I expect both of them to resume their downward trends as their technical picture is not a positive one longer-term. The first one is Citigroup, symbol C and the next stock is Hewlett-Packard, symbol HPQ.
So let's go right to the charts and see with the markets and telling us right now.
As always, we rely on our market proven Trade Triangle technology for catching the big moves.
---------------
IS PERSONAL COACHING RIGHT FOR YOU?
Give us a call today at 877–219–1482 for a free consultation and see if personal coaching is right for you. The number again is 877–219–1482.
But first, watch my personal message to you about one-on-one coaching.

 

 

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

 

Advanced Technical Indicators - Bollinger Bands

Posted on by The INO.com Team

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple. If you like this article, Larry’s also agreed to give you free access to his favorite technique.

Let's take another look at a more advanced technical tool - Bollinger Bands. These were developed by John Bollinger in the 1980s. In simple terms, they use a simple moving average and standard deviations to give a different perspective on potential highs and lows. Continue reading "Advanced Technical Indicators - Bollinger Bands" →

Is The Market Ready For A Rally?

Posted on by The INO.com Team

Updated with video from Adam at 5:16 EST.

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Tuesday, the 30th of August.

The equity markets put in a very strong performance yesterday, pushing to their best levels since August 5th.  We would not be surprised to see this very overbought market possibly rally to the 1230 area and 1250 zone.

The gold market once again bounced over the $1,800 an ounce hurdle and is currently trading at $1,822.  This market needs to regroup further if it is going to challenge the $2000 level.  The trend is in a positive mode despite the recent $200 pullback.

Crude oil is now very much overbought and approaching the upper levels of the Donchian trading channel.  We expect that this channel and the fact that this market is overbought will provide enough resistance to any halt any further upside action.

The dollar index continues to bounce off the support level of 73.50 which we have outlined on numerous occasions.  Currently this market is trading at 74.00.

The CRB index has rallied quite dramatically after making a low on August 9th.  This market is largely reflective of the move in crude oil.

Now, let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Is The Market Ready For A Rally?" →

Here's your daily update direct from Starbucks, thanks to Irene

Posted on by The INO.com Team

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Monday, the 29th of August.

It is hard to believe, but I am actually sitting in a Starbucks coffee shop writing this report. Irene certainly did her damage on the East Coast, and we like millions of other folks are without power today.  It would appear that we were lucky with the hurricane, as many other folks were affected much more than us.

We are running on generator power at our headquarters in Maryland, however many of our staff on working from home today because of Irene.
Watch this weekends video here.
So let's look at the markets, and see what's going on.  The equity markets are now approaching the highs that they put in about a week ago and are quickly reaching an overbought condition. Continue reading "Here's your daily update direct from Starbucks, thanks to Irene" →

Weekend Update for 8/26 - Don't Worry Warren Buffett will lend you money at 11%

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 8/26/11.

The major spin last week was the fact that Warren Buffett lent Bank of America $5 billion. But Warren is no fool,  who wouldn't want to get 11% on their investment guaranteed. Well, that's pretty much what Warren got with Bank of America.

So what does that tell us, (1) that Warren is a very shrewd and hard nosed investor, and (2) Bank of America is in serious trouble, and is willing to pay that kind of interest for new funds. Just think about it, you only get 2% on a 10 year treasury.

It remains to be seen whether or not Bank of America is a good stock.  Right now our Trade Triangle technology still indicates that the trend is down and has been for quite some time. If you are a member of MarketClub you can clearly see this on the charts where our Trade Triangles indicate exits or short sales. Sorry Warren, as we do not yet have 5 billion dollars to invest, we are sticking with our tried and true Trade Triangle approach to the markets

So let's look at the markets and see what happened last week: Continue reading "Weekend Update for 8/26 - Don't Worry Warren Buffett will lend you money at 11%" →