What's with these crazy markets? For the past several months, the stock indexes have been moving sideways without any clear trend. This has proven to be very frustrating for many traders. However, there are many markets that are trending right now that can be traded profitably.
Have you looked at the bank stocks lately? Almost all of the financial stocks are moving higher and have been for quite some time. Stocks like: Continue reading "Bingo, Stocks in the "Buy Zone""
A big part of being a successful trader is keeping your emotions out of the trade. As a special treat to our readers we asked Larry Levin to share a video on the subject.
Larry reveals techniques for traders like you to help you control your emotions and transform you into a disciplined, emotion-free trader. It is the most important concept you can learn in order to be a successful trader.
If you can master this skill, you can be very successful in this business. If we can't control the market and what it will do, then the only thing that will make us successful is if we can control ourselves. And that's easier said than done. But it is the reality of successful trading.
Watch Now: Emotion Free Trading
Best,
The INOTV Team
Yesterday, I mentioned that I thought the lows seen in most of the major indices would be interim lows and I expected to see a bounce from those lows.
Today, we are seeing that bounce and I have three stocks that I believe you should be looking at, and perhaps buying, if they meet your risk profile.
I will show you why you should be buying these stocks and the exact rules I'm following to buy them. You will be able to mimic these same rules using the tools available to you as a MarketClub member.
The three stocks I'm looking at are: Continue reading "Are These Stocks Right For You?"
Yesterday, the weekly Trade Triangles flashed warning signs on both the S&P 500 and the NASDAQ. This is the first indication we have had indicating that the intermediate-term trend for both of these indices has turned negative.
Now before you go selling everything, just remember this is not a major signal, it is just a warning sign that things may be going sideways to lower for a while. Look at the weekly Trade Triangles like the canary in the mine - if you don't exit the scene, there could be bigger trouble later on.
As many of you are aware, the markets have been moving sideways for quite some time now without any real solid direction. When you look at the broader picture, it would appear as though we are in a wide trading range, bound by the recent highs and lows that were seen in late March. Continue reading "Caution Advised, The Danger Flags Are Up!"
This morning, Christine Lagarde, the boss of the International Monetary Fund, announced to the world that the Federal Reserve should hold off raising interest rates until 2016. I do not ever remember the head of the IMF ever saying anything like that before.
So the question begets, is she trying to save her own skin by doing a classic political move and pointing the finger at somebody else, in this case Janet Yellen, head of the Federal Reserve?
My advice on this, it's not going to be pretty and the IMF should take care of its own screw-ups (like Greece) before trying to fix the screw-ups in America.
With that said, let's take a look at what's really going on in the marketplace today. I'm going to look at the major indices with the Trade Triangle technology, which by the way is totally nonpartisan and unbiased, and just goes with the flow.
Here's what the Trade Triangle technology is saying right now. Continue reading "When Two Women Get Into A Fight, It's Never Pretty"
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