Category: Trading Videos

You Want To Borrow More Money, But You Can't Pay Me Back

Posted on by The INO.com Team

Let's face it, Greece is going to be a tragedy one way or another. It is only a matter of time. Can you imagine someone wanting to borrow more money so they can help pay back the loan that they already can't pay back? Does that make any sense to anybody, anywhere on this planet?

Well, that's exactly what's happening in Greece right now and in my humble opinion, it is only a matter of time before it implodes and Greece exits out of the euro zone. Fiscal responsibility is not a word known in the Greek language. There is no way that Greek citizens are going to ante up and volunteer to pay more taxes, they are too used to getting free things from a government which they do not trust. That, my friends, is why socialism does not work and in the immortal words of the late British Prime Minister, Margret Thatcher on socialism, "sooner or later you run out of other people's money". And that's exactly what has happened to Greece. Continue reading "You Want To Borrow More Money, But You Can't Pay Me Back" →

Is Gold Foretelling An Impending Greek Disaster?

Posted on by The INO.com Team

Today is the first day of spring and maybe this is the cause for the spring in the markets. March 20th also happens to be "International Happiness Day" and I'm sure that many investors have a smile on their face today with the way the markets are acting in Europe, Asia and the U.S.

Today, I'll be looking at gold prices because they are acting and doing something that they haven't done in a long time and I want to share that with you in today's video. It is impossible to pinpoint what is causing gold to rally, whether it is short covering or the potential that Greece is going to implode any day now. Either way, it's not important what is causing the rally. The important thing to remember when trading is to get the direction right and not worry about what is causing the trend. I remember when I was in the trading pits in Chicago, I asked someone why the market was going up and he said to me, "It doesn't matter, it's going up". There is a lot of truth in that comment. That's one of the big takeaways in trading, don't over think markets.

As I write this commentary before the market opens, we could be seeing the equity markets close well towards the end of the day and possibly closing in new high ground on short equities before the weekend. The NASDAQ is very close to breaching the 5000 level, a close over that area today can be viewed as being very positive for the weekend.

Crude oil also appears to be finding some support at lower levels but has not yet reversed trend and turned around. I will be looking at that market to see where the key points are for a trend reversal to the upside. Remember markets can get very crowded on one side of the ledger when everybody believes that the trend will continue and go on forever. When that happens, a market tends to reverse and go the other way. The reason that happens is because markets are forward-looking trading instruments.

I will be getting into the recent Trade Triangle scan today to find new trades that may be just emerging. You won't want to miss that part of today's video.

This being Friday, I will of course, be looking for weekend trades using our "52-week highs on a Friday" strategy.

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

Apple Joins The DOW And Tesla Has Range Anxiety

Posted on by The INO.com Team

Hello traders and MarketClub members everywhere today is a big day for Apple as the world's most valuable company is officially joining the DOW after the close of business today. Leaving the Dow is poor old AT&T. They are getting booted out in favor of Apple.

I say congratulations to Apple Inc. (NASDAQ:AAPL) and I hope that they do very well being a major component in the DOW. The biggest component in this particular index will be Goldman Sachs (NYSE:GS). This is the first time that you had an investment bank represents over 7% of the weighted Dow index. So the most watched index in the world should be worth watching again. Continue reading "Apple Joins The DOW And Tesla Has Range Anxiety" →

3 Stocks That Could Do Well No Matter What The Fed Does

Posted on by The INO.com Team

Hello, traders and MarketClub members everywhere. Today I'm going to be looking at 3 stocks that I found using the recent Trade Triangles scan. These 3 stocks are all exhibiting powerful chart and technical features that bode well for their future.

Here are the 3 stocks and a brief description of what they do. Continue reading "3 Stocks That Could Do Well No Matter What The Fed Does" →

The Luck Of The Irish And A Follow-Up To My Weekend Trade

Posted on by The INO.com Team

Happy St. Patrick's Day to everybody! I am confident that MarketClub and the Trade Triangle technology can help you discover that Irish pot of gold at the end of the rainbow.

Today, I'm going to be following up on the weekend trades that I showed you in last Friday's video. If you go back and watch that video, you may want to fast forward through the first four minutes and forty seconds of the video to the part where I picked out stocks for the "52-Week High On A Friday" strategy.

Out of the four stocks I picked, three of them were excellent candidates and one did not make the cut. I will show you why you should not have taken this "52-Week High On A Friday" trade.

Here are the four stocks that I shared with you last Friday: Continue reading "The Luck Of The Irish And A Follow-Up To My Weekend Trade" →