Category: Trading Videos

Surprise, Greece Has No Money

Posted on by The INO.com Team

It just seems to this observer that the Greek kabuki dance is never ending. How can banks keep lending money to a country that is insolvent? That seems a little backward and just stupid to me. What do you think of the situation in Greece?

Here's the reality of the situation, Greece is going to default, the bankers may as well get ready to write off those loans as the money is not coming back. The next question is, whose next, Portugal, Spain or Italy? The next buzzword that is going to come out of all this is contagion. I think when Greece exits the eurozone it will be good for the euro longer-term. Think of it like when a company announces bad earnings and fires the CEO. The stock price has anticipated and discounted all the bad news and for the most part things get better over time for that company. The euro is the same way as pretty much all the bad news is out, except the actual exit of Greece from the euro.

Sooner or later it's going to come to crunch time and time is getting short. Angela Merkel and Germany are going to have to swallow their pride and make some important decisions very soon.

So onto the only economy that seems to be working and that is the US. Today I'm are going to be looking at the major indices to see if they are beginning to tire or getting ready for another upward push.

I'm also going to be looking at three stocks today. Continue reading "Surprise, Greece Has No Money" →

Hey, It's Just The Cost Of Doing Business

Posted on by The INO.com Team

Today the Justice Department announced that it was levying fines against some of the world's major banks for rigging the foreign-exchange markets. The fines announced totaled $2.8 billion. Yes, I know that's a lot of money, but the reality is it's just the cost of doing business for these banks.

If the Justice Department really wants to get serious on this issue I think they should put some of these bankers in jail, that's what they fear the most - not the money fines. Jail time is the answer to stamping out the illegal activity and white collar crime.

Meanwhile, Citigroup Inc. (NYSE:C), a stock I discussed last week as a buy, is practically unchanged for the day and remains higher for the week. The fines levied by the Justice Department against the banks were like water off a duck's back.

In today's video, I'm going to be looking at all the major markets including the three major indices. I will also be looking at gold, crude oil and the euro and time permitting, one or two stocks.

Tell us what you think, do you think that these bankers should go to jail or was the fine large enough to satisfy everyone?

Have a great day treating everyone.

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

8 Stocks Worth Looking At This Monday

Posted on by The INO.com Team

Hello traders and MarketClub members everywhere. I found these 8 stocks using the Trade Triangles scan. Each of the stocks flashed continuation signals to the upside today. The only exception was one ETF, which gave a major buy signal with a new monthly Trade Triangle.

Let's begin with the ETF that gave the major buy signal.

The ETF is:

iShares Silver Trust (PACF:SLV)
The Trust seeks to reflect generally the performance of the price of silver. The Trust seeks to reflect such performance before payment of the Trust’s expenses and liabilities. The Trust is not actively managed. It does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of silver. The Trust receives silver deposited with it in exchange for the creation of Baskets of Shares, sells silver as necessary to cover the Trust expenses and other liabilities and delivers silver in exchange for Baskets of Shares surrendered to it for redemption.

Here are the other 7 stocks and an ETF that gave continuation signals to the upside: Continue reading "8 Stocks Worth Looking At This Monday" →

5 Stocks You Need To Know About

Posted on by The INO.com Team

Well it's Friday and it's been quite a week, but I found five stocks that I believe will do well in the coming weeks.

Three of these stocks are going to be weekend trades as they just made 52-week highs today. The other two stocks gave Trade Triangle signals and are moving out of great chart formations. Both look ready to go higher and I will show you why I think they're headed higher and why I think you should be looking at them seriously.

Here are the three stocks I like for weekend trades: Continue reading "5 Stocks You Need To Know About" →

Did You Miss These Two Signals?

Posted on by The INO.com Team

At the beginning of the week, I stated that this week would be a game changing week. It's beginning to play out that way with tomorrow being the key day.

Yesterday, the Trade Triangles issued a major buy signal in gold (FOREX:XAUUSDO). Could this possibly be indicating that inflation is on its way? I have said all along that the only way the United States can get out of its multi-trillion dollar deficit hole is to inflate asset prices.

Today, the Trade Triangles issued a buy signal on the Dow (INDEX:DJI). Can the NASDAQ and S&P 500 follow behind?

In today's video, I will be looking at gold and where I think it's headed to the upside and the implications it could have on equity prices. Continue reading "Did You Miss These Two Signals?" →