This stock looks lower based on a classical technical pattern

This is the first time I have looked at this particular stock and it appears to chart beautifully. The stock I am referring to and analyzing today is Akamai Technologies Inc. The symbol for this stock is AKAM and it is traded on the NASDAQ.

In this short video I share with you a classic chart pattern that I've seen thousands of times before in different markets. The pattern is very reliable and seems to work well most of the time. Some people believe in this type of technical analysis, however, some folks feel that it may as well be voodoo.

For myself, I believe that history and markets repeat themselves based on human nature, which has not changed in thousands of years.

Whether you like or dislike this video, please feel free to comment on our blog.

The video is with our compliments and there is no need to register in order to watch.

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

What makes a frustrating market?

The S&P 500 is turning out to be a conundrum for many professionals and home traders alike. The conflicting information on good earnings, high unemployment, and other factors continue to batter the market. One moment the SP500 is heading for the stars and the next, it's heading to the cellar.

So what's a trader to do?

In my new video, I share with you some steps you can use to help improve your trading in the S&P 500 and other markets. The new video is approximately 3 minutes long and it will show you several key areas and levels that I am looking at.

As always our videos are free to watch and you do not have to register.

I would like to see your feedback on how you see the market, as so many traders are becoming frustrated with the lack of real follow-through in either direction. Please leave your comments on this blog.

Enjoy the video and all the best,

Adam Hewison
President of INO.com
Co-founder MarketClub

Amazon has hurt itself … technically

In today's video we look at the technical aspects of Amazon and see what's causing it not to go up at this point in time.

Analyzing the market in-depth, we can see that Amazon has hurt itself technically. According to the chart, we can anticipate that it is going to take some time to repair or even overcome the current level resistance.

This new short video outlines the areas we feel must be challenged to change the present trend. We also look at some downside target zones that may be possible for this stock.

As always our videos are free to watch and there are no registration requirements.

We would love to hear your thoughts on Amazon, so please post your comments below.

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

Is the star in Starbucks fading?

I recently took the time to analyze one of the most popular and iconic brands on the American scene. I am of course talking about Starbucks.

After getting beaten down in 2008, Starbucks has made a remarkable recovery. However, that recovery looks to be in jeopardy based on our "Trade Triangle" technology and the findings of a 14th century dead mathematician.

In this short video, I go into an in-depth analysis of what is happening right now at Starbucks. With the help of our "Trade Triangles," I point out some very fragile points in this stock.

As always our videos are free to watch and there is no need to register. If you'd like to make a comment on this or any of our previous videos, please feel free to comment on our Trader's Blog.

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

5 Steps to Trading Like a Professional Trader

Being a professional trader is a dream many investors strive for. According to Moby Waller of Big Trends, it is an attainable goal that like everything else, requires a strong foundation. Here are 5 tips to becoming a full timer from Moby that you or may not have considered. Be sure to comment and let us know what your ultimate trading goals are and what you have found to be important parts of your trading routine.

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So you want to be a professional trader?  Here are some aspects of the job that you might not have thought of.

1.  Have a dedicated working environment and structured work hours.

Create a space for your trading that is solely devoted to that and make sure it is suitable for your needs.  What kind of computer power do you need?  How many monitors will you be using?   What software packages and scans will you be running?   Do you want CNBC or other channels on a television?  What newspapers, magazines and websites will be perused each day?  And so on…

Next, devote a set amount of time to trading every day.  Whether it’s the 6.5 hours that the U.S. market is open, or 1 hour at the open/close, or 2 hours before the open and after the close, find a time that works for your trading and stick with it like a real job.

I knew a trader in Chicago who began “scalping” U.S. Futures vs. German DAX Futures, which required him to go into the office every night from about Midnight to 5 am.  Is this a sacrifice? Yes … but the pay and profits from it made it worth his while.

2.  Have regular performance reviews and keep detailed records. Continue reading "5 Steps to Trading Like a Professional Trader"