In A Sea Of Red These 3 Stocks Stand Out

Today, Friday the 13th, I have three stocks for you to look at today. Each of these stocks gave major buy signals yesterday, signaling that they are headed higher according to the Trade Triangle technology.

Wells Fargo & Company (NYSE:WFC) - Wells Fargo provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.

The Men's Wearhouse, Inc. (NYSE:MW) - The Men's Wearhouse, together with its subsidiaries, operates as a specialty apparel retailer in the United States and Canada. The company operates through two segments, Retail and Corporate Apparel.

Radian Group Inc. (NYSE:RDN) - Radian Group Inc., through its subsidiaries, provides mortgage and real estate products and services in the United States. It operates through two segments, Mortgage Insurance, and Mortgage and Real Estate Services (MRES).

I will also be looking at the major indices, gold, crude oil and the dollar. Time permitting, I will be looking for 52-week highs on a Friday trades for this weekend as well.

As always, we love to hear back from you and what you're thinking on the markets. Please leave your comments below today’s post.

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

Apple And Market Fatigue

Yesterday, Apple Inc. (NASDAQ:AAPL) finally had its day in the sun and unveiled its new smart watch for the second time. The whole event went off without a hitch and was very Apple-esque in all the different presentations. The only item that caught my eye was the Macbook, which is a new design and is like a work of art thanks in large part to Sir Jony Ive, Apple's chief design guru. While many of the products shown at the event received polite applause, Apple's stock elicited a big yawn, as many of the features had been seen earlier. Another kicker was if you want to get a smart watch, you're going to have to wait for at least another six weeks.

Yesterday, we ran a poll that showed only 14% of the people who responded would consider buying an Apple watch, and that was before prices were announced. My best guess is Apple's going to sell a lot of watches, but not the 14 million they think they are going to sell in the first year.

Looking at how Apple's stock acted to yesterday's presentation by Tim Cook, I would have to say that the market was somewhat underwhelmed.

In today's video, I'm going to be taking the pulse of several different markets and determining what I think is going to happen based on the Trade Triangle technology and some other technical indicators. Continue reading "Apple And Market Fatigue"

The NASDAQ Hits 5,000, What's Next?

It's already March, the first two months of the year have flown by! The NASDAQ traded over 5,000 today for the first time in 16 years and is within striking distance of its all time high of 5,048. The move has been largely fueled by Apple Inc.(NASDAQ:AAPL), which now commands an astounding valuation of 750 BILLION Dollars making it the biggest company in the world.

You may remember last Friday, I told you about one of my little rituals. At the end of the month, I look at the monthly charts to see the big trends and percentage changes for the month. I find it helps me see the big picture and the future.

That's what I do with the end of the month, here is what I do at the beginning of the month. I always say to myself "it's going to be a good month." You see, I believe in positive reinforcement and believing you can win in the markets - that is half the game in my mind, the other half is timing.

Last month, I showed you several ways on how to make money and use the Trade Triangles successfully. One way was to use the Trade Triangles to get the company earnings right and earn short-term overnight profits. This strategy has already been successfully used by quite a few members. The other strategy I showed you was the "52-week high on a Friday" rules. I hope that both of these trading strategies will serve you well in the months and years ahead. Continue reading "The NASDAQ Hits 5,000, What's Next?"

Why The Last Trading Day Of February Is That Important

Hello traders and MarketClub members everywhere! I would like to share with you a little ritual that I go through at the end of every month. This monthly ritual is not a little happy dance I do (although I do a happy dance when it has been a very good month). This monthly ritual is not very technical, it's very visual and one that you can do in a matter of seconds using the MarketClub charts. You will see right away what I am talking about when you watch today's video.

Many traders are superstitious and like routines and little rituals. I first ran into this when I became a member of the Chicago Mercantile Exchange. I used to watch with amusement as certain members of the exchange would have a special way they would enter the trading floor. Whatever their ritual was it had to be the same way every trading day otherwise in their mind it would be a bad trading day. Continue reading "Why The Last Trading Day Of February Is That Important"

The Proof Is In The Pudding ... That's What My Grandmother Always Told Me

Guess what? Grandma was right!

On February 11th, I posted a blog titled, How To Successfully Play The Earnings Game And Win 95% Of The Time.

This blog posting generated a tremendous amount of feedback from our members, so much so that I decided to once again play the earnings game and pick out 5 stocks that were going to release their earnings either after the close or before the markets opened the next trading day.

I rely on Yahoo’s earning calendar to find out what stocks are scheduled to release earnings and at what time they will release them, after the market close or before the market opens the next day.

Here are the five stocks I picked out and decided to buy based on the Trade Triangle technology: Continue reading "The Proof Is In The Pudding ... That's What My Grandmother Always Told Me"