Category: MarketClub Techniques, Tips & Talk

Tips and trick from traders on how to become a better trader.

Bitcoin Bites The Dust

Posted on by The INO.com Team

The Bitcoin world is in turmoil this morning as Mt.Gox, once the largest Bitcoin exchange (based in Japan) in the world, closed its website amid rumors of the biggest hacking heist of all time.

You may remember that Bitcoin was created as an alternative currency and that it took some serious programming and algorithms to create it.

This morning there were allegations that there has been a $350 million hack at Mt.Gox. Mt.Gox appears to have closed its virtual doors and may no longer be in business. Bitcoin insiders have been bracing themselves for weeks against something like this happening, but the magnitude of the virtual heist has shocked even the most astute Bitcoin observer.

This morning there are people speculating that Bitcoin (BITCOIN:BITSTAMPUSD) is the biggest scam and Ponzi scheme ever developed in the virtual world, but I am going to withhold judgment as, quite frankly, we do not know all the facts. This may be the end of Bitcoin or may be just a big bump in the road for this virtual new currency-the jury is still out. Continue reading "Bitcoin Bites The Dust" →

Will Groupon, Inc. (NASDAQ:GRPN) Miss Earnings?

Posted on by The INO.com Team

Today, I am going to analyze the stock of Groupon, Inc. (NASDAQ:GRPN).

I am sure, like me, you've received emails from Groupon offering all kinds of special deals on meals, massages, auto detailing and so forth. It seems they come all the time and to be truthful, I have yet to take advantage of any of the deals Groupon offers.

I was curious and decided to look into the world of special offers from the other side of the table, so to speak. I checked with some of the merchants who are offering these deals or who have offered these deals in the past and asked if they would do it again. It seems that the experience, while novel at first, was not necessarily a positive one for all merchants. Many merchants found that people would respond to their offer, come once, and not return. So where is the upside if you're a merchant and you're selling at perhaps a breakeven price or loss? What's in it for them? Yes, you can chalk it up to advertising, but like any advertising if it doesn’t work for you, don’t go and do it again and again. I'm not sure if the Groupon model can continue if merchants begin looking at the numbers and deciding that this approach is not such a great deal anymore for them.

Let's take a look at the stock itself and see what it has been doing over the last couple of years. After dropping down to a low of around $3 in November of 2012, the stock moved steadily higher in a very optimistic and bullish climate in 2013. After hitting a high of just over $12.50 last September, the stock once again dropped below $9 before recovering to around $12 a share. Continue reading "Will Groupon, Inc. (NASDAQ:GRPN) Miss Earnings?" →

The Perfect Valentine's Day Gift

Posted on by The INO.com Team

Time is running out, are you still looking for that perfect Valentine's gift for a loved one? If you answered yes, this may be the perfect gift that you have been looking for.

It may not be the little blue box that so many women love, but the stock of Tiffany & Co. (NYSE:TIF) is just as valuable.

As you can see on the chart, Tiffany & Co. was selling below $20 a share back in March of 2009 and since that time this stock has risen over 400%. I think the current climate and chart formation is setting up for this market to have another push into new highs.

There is a long-term trend line that starts back in March 2009 and this line is confirmed in July of 2012 and again in January of 2013. This trend line is significant and should it be broken, it would definitely change the trend of Tiffany's stock. Continue reading "The Perfect Valentine's Day Gift" →

These 4 Things Are Key To Trading In 2014

Posted on by The INO.com Team

Hi Traders,

I've just completed a little report with an extended analysis of the S&P 500 that I'd like to share with you. It outlines 4 factors that are key to trading this year, as well as 9 critical technical signatures. By understanding what to look for, you can best protect the profits that you may have made in 2013's gangbuster and unprecedented year.

You'll receive instant access to this extended analysis on a private page. Be prepared and know exactly what to look for as 2014 trudges along. I hope you enjoy!

Access Analysis - These 4 Things Are Key To Trading In 2014

Best wishes as always,

Adam Hewison
President, INO.com
Co-Creator, MarketClub

Will The Force Be With The Walt Disney Company (NYSE:DIS)?

Posted on by The INO.com Team

Today, I am going to be analyzing the stock of The Walt Disney Company (NYSE:DIS), who reports earnings after the bell today.

Like many of us, I grew up with Mickey and Donald and the rest of the Disney characters. Disney as a company is loved by folks around the world and has a strong brand. That said, the stock can and does have corrections and it may be set for another correction after the earnings come out tonight. The market itself seems to have a little bit of a negative tone, which is indicating to me to be on the sidelines in this stock at the moment.

The recent red weekly Trade Triangle for Disney is the first red flag that the stock may have put in a top. While not as significant a change as a monthly Trade Triangle, it should not be ignored. The second red flag for Disney is the glaring negative divergence between price action (number 6) and the MACD (number 8). This is not a good sign and the divergence could be a warning of an impending drop in this stock.

This in-depth analysis of The Walt Disney Company (NYSE:DIS) is not saying that this stock is going to collapse. I am only reporting on certain technical elements that could cause this stock to come under downside pressure. Continue reading "Will The Force Be With The Walt Disney Company (NYSE:DIS)?" →