What's Happening To These 10 Well-Known Stocks?

In today's quick video update, I'm going to be looking at these 10 well-known stocks. My goal is to show you the potential I see in each of these stocks and where momentum could change.

Amazon.com Inc. (NASDAQ:AMZN)
Facebook Inc. (NASDAQ:FB)
Google Inc. (NASDAQ:GOOG)
j2 Global Inc. (NASDAQ:JCOM)
Netflix Inc. (NASDAQ:NFLX)
Starbucks Corp. (NASDAQ:SBUX)
Tucows Inc. (NASDAQ:TCX)
Tesla Motors Inc. (NASDAQ:TSLA)
Nike Inc. (NYSE:NKE)
Under Armour Inc. (NYSE:UA)

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

All Eyes Are On Apple Earnings And Watch Sales Today

Today after the close Apple Inc. (NASDAQ:AAPL) reports its quarterly numbers. It reports revenues, profits and will offer some guidance and perhaps share with everybody how many iPhones it has sold, but not watches.

So, how many Apple watches have been sold? How many people have you seen wearing an Apple watch? I have to admit, I have only seen two or three folks with Apple watches on their wrists, but that's all.

As a huge Apple fan for the past three decades, I did not feel the need to rush out and purchase an Apple watch. One of the reasons was because I already had a smart watch from Pebble which suits me fine and does practically everything that the Apple watch does. The Apple watches are beautifully made, but you have to charge them every night, which to me is a non starter.

Apple is not going to share Apple watch sales with us today, that item is going to be buried along with other items they have sold in the quarter.

The general consensus among analysts is that earnings per share will increase to $1.79 from $1.28 a year earlier. They're also looking for growth of around 32% on sales to $49.3 billion.

The technical picture is somewhat mixed for Apple in the sense that Apple has a monthly RED Trade Triangle that is indicating the trend for Apple is in more of a wait and see trading range right now. That could all change today should Apple move over the $134.80 level. I would also view a close today over $134 as a big clue to earnings and it would represent a new high close for Apple.

In addition to Apple, I will also be looking at the major indices, gold, crude oil and the euro.

Have a question or comment for us? Feel free to leave any questions or comments below this post.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

First It Was Celgene And Now This Stock

I've found another stock for you to look at today, just like Celgene. You need to watch today's video to find out which stock I'm talking about.

But first, it has been quite a week to say the least. A nuclear deal signing with Iran, the Greek situation finally resolved with the German Parliament today voting in agreement to bail out Greece. Just wait, in a few years time I'm sure Greece will come up again as a problem.

The markets are reacting very positively on the upside to all this good news.

The next big worry traders will begin focusing on is a potential rate hike later this year. Whether that comes in September or later is yet to be decided. Who knows, it may not even happen this year.

There are a number of stocks that are doing extremely well and this seems like an ideal time to look at the 52-Week New Highs on Friday Rules. If you're not familiar with these rules, here is what I look for. Continue reading "First It Was Celgene And Now This Stock"

How Did I Know This Would Happen?

Well, I wish I could take personal credit for this, but I really can't. All credit goes to the Trade Triangle technology which two days ago picked out a stock that made a major reversal.

As I looked around the web, I saw little or no mention of this stock anywhere. It does not seem this stock was on the top of anyone's radar screen.

So how did I find this stock that just happened to open up over 8% higher today? I used the recent Trade Triangles scan and you can do this every day with MarketClub. I then looked for markets that on average trade over 2 million shares a day and are showing a green monthly Trade Triangle.

What popped up on my screen two days ago was Celgene Corporation (NASDAQ:CELG). Yesterday I highlighted this stock as a buy in my update video. In case you missed what I said, you can watch that video right here. My analysis of Celgene starts at the 4:42 mark in the video.

I indicated that I thought Celgene could move to the $135-$136 area. It practically got there today with the big jump on the opening. What caused the big jump was an announcement by Celgene that it was buying Receptos Inc. (NASDAQ:RCPT) for $7.2 billion. This gives Celgene an even bigger presence in the $67 billion drug market to treat autoimmune conditions.

You can search every day in MarketClub for stocks that represent the same opportunities as Celgene. It's easy to do with the Trade Triangle scanning tools.

In today's video, I will be taking a general look at the markets to see exactly what's going on and determine if the market has made a fake or real turn to the upside.

Please feel free to leave your comments below this post on any market related subject.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

First Greece, Now Iran, The Deals Keep Coming

Yesterday, we saw the first glimmer of hope from Greece and that was enough to push the markets up sharply and optimism once again ruled the markets.

Today's announcement of a nuclear deal with Iran is a different kettle of fish. I do not view the nuclear deal with Iran in quite the same positive light as the deal with Greece. The ramifications are very different and of course, potentially life-threatening for a very sensitive part of the world.

It is going to take the markets some time to digest the ramifications of this deal as it is still way too early and premature to assume either the best or worst scenario for this deal. Putting all that aside, today I'm going to look at the technical aspects of the major indices, crude oil, gold and the euro and time permitting, a couple of stocks that are looking good technically.

Tell us, what do you think of this nuclear deal with Iran? Please feel free to leave your comments below this post. I would be most interested in hearing how you think this will affect the markets, crude oil and of course, the world.

Q3 promises to be a very interesting quarter in many aspects. Q3 happens to be one of the most successful quarters for trading soybeans. You can see all of our soybean entry and exit signals in our World Cup Portfolio, right here.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub