Category: Trading Videos

3 Reasons Why This Week Could Be A Game Changer

Posted on by The INO.com Team

Hello everyone, welcome to the beginning of a new trading week and what could be a game-changing week for the markets.

What stood out to me last week was the massive rally on Friday with the jobs numbers that were perceived to be better than expected. If that were not enough over the weekend, we had interest rates cut in China, with stocks over there rallying to the best levels in two weeks.

Here are the three reasons why I think stocks have the potential to go higher. Continue reading "3 Reasons Why This Week Could Be A Game Changer" →

Did This Multi-Billion Dollar Company Just Make A Major Reversal To The Upside?

Posted on by The INO.com Team

Today, I'm going to be looking at a very well-known stock that has all the tell-tale signs of having put in a major low this week. This company also just announced a new CEO, as well as a significant earnings beat.

In addition to this stock, I will also be looking at all three of the major indices. All three indices flashed warning signals yesterday to move to the sidelines.

The broad trading range that is the gold market right now continues. Today, gold experienced a sizable decline and is rapidly approaching the lower levels of its trading range.

Crude oil has taken a bit of a pause, but remains on its upside trajectory. I'm still thinking that an upside target zone of somewhere around $68-$70 a barrel is in the cards.

The dominant dollar has been losing ground against the Euro for the past four weeks. While we may see another dollar bounce, the dollar continues to look less powerful than it did just four weeks ago. I still think that the euro can go somewhat higher (1.1500) from where it is right now.

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

There Is Not Much Difference Between The Fed And Greece

Posted on by The INO.com Team

Hello everyone and happy Cinco de Mayo.

Let's start with Greece. It is an ongoing disaster that nobody wants to face, especially the bankers who may have to take a 50% haircut on their loans, that's if they're lucky. I think it was Citibank's former chairman, Walter Wriston, that said, "Countries don't go bankrupt." Welcome to the real world Walter. Greece is going to default or there is going to be a revolution in the country.

That leads us to the Federal Reserve. I'm not sure they fully understand and know what they're doing. I think this grand experiment of quantitative easing has gotten way out of hand. In hindsight, it looks like the Fed got the country into something that we didn't have a plan to get out of. The answer to this conundrum was always down the line and some time in the future. The Fed has had over six years to figure this out and there is still no plan to get out of it. "More data" is another way for the Fed to say, "we don’t know!" Ben Bernanke is gone and now has a new job with a hedge fund and Janet Yellen, the new Fed chairwoman, is another disciple from the same school of thought that Ben came from. So, what do you think? Do you think the Fed has any idea what it's doing? Continue reading "There Is Not Much Difference Between The Fed And Greece" →

Time To Buy These 5 Buy Stocks?

Posted on by The INO.com Team

Hello MarketClub members and traders everywhere! As you start a new week, it is important to look at what happened last week in the markets.

There's no doubt that last week was tough week for most traders with Apple sliding almost 4% which was enough to drag practically every other market down. But what interested me was the market action on Friday. Last Friday we saw a recovery in the market and when one looks at the RSI indicator, all the major indices closed over the 50 line. In fact, all of the Trade Triangles on both the indices and Apple remain positive in both the intermediate and long-term trends.

I would not be surprised to see the market chop around these areas for a while, but I would rather be a buyer here, than a seller.

Here are some of the stocks I think are worthy of your attention: Continue reading "Time To Buy These 5 Buy Stocks?" →

April Was A Positive Month For All Of The Indices

Posted on by The INO.com Team

Despite choppy trading conditions, all the major indices closed out the month of April in the plus column. While these gains were very small, they were nonetheless gains for the month. The NASDAQ closed out the month at 4,941.88 which represented a gain of .69%. The S&P led the group with a gain of .85%, while the Dow lagged with just a small gain of .36% for the month of April.

There was no question about it, the last week in April was difficult with the sharp drop in equity prices. If one looked just at the short-term trends, you could easily be blinded to the longer-term positive trends that are currently in place for all the major indices.

In today's video, I'll be examining the major indices to see how much damage was done with this short-term pullback. I will also be looking at gold which closed out the month of April with small losses and looks to be on the defensive today. Continue reading "April Was A Positive Month For All Of The Indices" →