Category: Trading Videos

Interesting Smart Scan Results That May Surprise You

Posted on by The INO.com Team

This morning I was using MarketClub's Smart Scan and noticed something that perfectly reflects the current market conditions we are experiencing right now. The number of chart Scores of +100 and -100 indicating strong upside and downside trends were practically even. This illustrates the lack a unified consensus either way for a strong bull or a bear market.

Eventually this balance will change one way or the other, but for now caution is not a bad word to use or practice in this market.

The Haves And The Have-Nots

No, I'm not talking about politics or political correctness, I'm talking about stocks that have everything going for them and other wannabe stocks that for whatever reason do not have that same mojo.

Here are 5 stocks that everything going for them: Continue reading "Interesting Smart Scan Results That May Surprise You" →

Trends And Tipping Points For Apple, Alibaba And Twitter

Posted on by The INO.com Team

Apple Inc. (NASDAQ:AAPL)

Yesterday, the 900-pound gorilla, Apple Inc. (NASDAQ:AAPL) reported earnings and by all accounts they were outstanding, far outpacing all of the pre-earnings estimates. But the reality is, the stock price barely moved and is up just 1.5% in today's early trading. I still believe that Apple is not out of the woods yet and it is yet to have any new blockbuster products or innovations.

The weekly and monthly Trade Triangles are indicating that Apple is in a trading range. The longer-term monthly Trade Triangle is red indicating the major trend remains negative. A tipping point for Apple on the downside would be a move below $109.50, that would turn all Trade Triangles red indicating a downward move. On the upside, Apple needs to move over $122.60 to reignite the bull trend. Continue reading "Trends And Tipping Points For Apple, Alibaba And Twitter" →

Is Apple Going To Upset The Apple Cart And The Market?

Posted on by The INO.com Team

I'm not sure how you're feeling, but I am feeling a little uneasy about where the market is trading particularly this week. Please don't misunderstand what I'm saying, I am not saying that the market is going to crash this week, nor am I saying that it is going to soar to new highs. It just all seems a little surreal and that's what is making me feel uneasy.

As I have mentioned before, the Trade Triangles are indicating a trading range scenario for the major indices. Intermediate-term traders should be on sidelines at this time. All of the major indices are close to butting up against resistance which should slow and halt any further upside progress from here.

Apple is set to report earnings

After the close on Tuesday, Apple Inc. (NASDAQ:AAPL) reports its Q3 earnings. This could be a game changer for Apple and also for the market. Judging by the market action especially today, I think the report is going to be somewhat neutral to negative and show little or no growth for their iPad and iPhone business. The Trade Triangles are saying that you should be on the sidelines right now and that's where I intend to be. The only thing that would move me off the sidelines is if I see a move below $109.50 either today or tomorrow. If that happens, then I'll want to be short going into the report.

Maybe that's why I am feeling a little uncomfortable this week about the market. Continue reading "Is Apple Going To Upset The Apple Cart And The Market?" →

And The Winners Are...

Posted on by The INO.com Team

Hello MarketClub members everywhere, there are two big winners today. The first winner has to be Amazon.com Inc. (NASDAQ:AMZN), they announced earnings last night and blew away all the estimates by a wide margin. Amazon announced its first real profit in 20 years. In after-hours trading, the stock was up over 11% which made Jeff Bezos, who founded Amazon a little over 20 years ago, the third wealthiest man in America right behind Warren Buffet and Bill Gates. I congratulate both Amazon and Jeff Bezos for sticking to their guns and providing an amazing, first-class service.

If you watched yesterday's video, MarketClub's Trade Triangles nailed Amazon's up move and I predicted that the stock would trade at $600 or higher. You can watch yesterday's video right here. For those of you who watched the video and took action, you just made a quick 10% on your money in less than 24 hours.

The second winner is Continue reading "And The Winners Are..." →

Under Armour's Earnings Just Weren't Enough

Posted on by The INO.com Team

Under Armour Inc. (NYSE:UA) reported its third quarter results Thursday morning, and it managed to beat expectations. But you wouldn't know that if you looked at its stock price today. It's been trading in the -6% loss territory all day.

Under Armour even set a record in the 3rd quarter by having their first ever $1 billion revenue quarter. In fact, they topped $1.2 billion in revenue and yet, it wasn't enough for investors today. Revenue jumped 28%, topping the $1.18 billion Wall Street expected from Under Armour. Earnings per share also advanced, rising to .45 from .41 a year ago, topping the .44 that analysts were looking for. Is this just profit taking or is there something else going on? I'll share with you my thoughts on Under Armour. Continue reading "Under Armour's Earnings Just Weren't Enough" →