Greece, Nazis And 3 Strong Sectors

It's hard for me to believe that the newly installed Greek government is now calling for Germany to make reparations of some $250 billion because of what the Nazis did 75 years ago to Greece. Such is the world we live in.

Make no mistake about it, Greece is the Achilles' heel of the euro and just this morning Alan Greenspan, former head of the U.S. Fed, came out and indicated that it was just a matter of time before Greece exits the euro. I couldn't agree more with him, Greece is just an accident waiting to happen.

Unlike the United States, which is one nation with one currency and laws, the euro has been cobbled together with a number of countries that have nothing in common with each other. They don't speak the language, they don't have the same customs and traditions, and they certainly don't share the same discipline for work. Continue reading "Greece, Nazis And 3 Strong Sectors"

10 Interesting Stocks And 1 Amazing Trading Technique

In today's video, I'm going to be analyzing 10 stocks that look particularly interesting. Six of these stocks are in strong uptrends, while the remaining four are in various levels of transition.

Today's jobs report seems to be lending a positive short term feel in the stock market. We are at the end of the week, and I see lots of opportunities for trading the 52-week high on a Friday rules.

All you have to do is visit Smart Scan and choose 52 Week Highs, filter the results and bingo, you will have a list of target stocks to trade over the weekend.

This technique has been around for decades. I first learned the rules of this weekend approach from a trading friend of mine named Bill when I was trading in the pits in Chicago in the 80s. When Bill first told me about this technique I was skeptical. It was only after I followed these rules on paper for a while that I became a true believer. Believe me, a lot of money has been made using this technique. I made this video is a couple of years ago and nothing has changed in this trading technique, which goes to prove just how powerful this little weekend trading trick is.

Let's start looking at those 10 interesting stocks, some of which will lend themselves to the 52-week high on Friday rules.

Have a great weekend everyone!

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

Under Armour, Greece And The End Of An Era

Let's start off with Under Armour Inc. (NYSE:UA). This company, located in Baltimore, is making some serious moves into the social media heath-fitness app market. Kevin Plank, who is the founder and chairman, just paid $560 million, an astronomical amount of money or so it would seem for two fitness apps.

MyFitnessPal has more than 80 million registered users and UA has called it "the leading free resource" for providing calorie-and-workout-related data. UA is paying $475 million to acquire the service.

UA will pay $85 million for Endomondo, a fitness tracking platform that lets users map, record and share workouts through social networks. It has 20 million registered users in Europe. Continue reading "Under Armour, Greece And The End Of An Era"

All Eyes On Crude Oil

Has crude oil bottomed out? That's the question on investors minds today as this market has moved up close to 10% in just the past few days. I have been warning of a rally based on the positive divergences I saw on the daily charts and the fact that the end of January marked the seventh month in a row that crude oil had closed lower.

Whether this is a dead cat bounce or a reversal of major proportions in the oil patch sector remains to be seen. Certainly, the market is getting close to making some major technical reversal signals and should they kick in I will, of course, follow them. What often happens with prolonged market trends whether they are on the upside or downside they tend to lull traders and investors to sleep who are expecting to see more of the same.

In today's video, I'll be looking at crude oil (CL.H15.E) and sharing with you the exact point where crude will reverse its downward trend and start a new bull trend. Whether this will be a dead cat bounce, meaning just a short covering rally or a true reversal to the upside remains to be seen. I'll be examining both scenarios in today. Continue reading "All Eyes On Crude Oil"

Do You Have Discipline In Your Corner?

Congratulations go to the New England Patriots for winning this year's Super Bowl. It is perhaps a mixed blessing for investors, as any time a team from the American Football Conference (AFC) wins the Super Bowl, the stock market closes lower for the year. Although, I think investing on the outcome of a football game is not going to get you to where you want to be financially.

Of all the tools available to the trader, none is more important than his or her own mind! Lack of mental discipline has to be a significant cause of losses in the marketplace. Why else would traders with years of experience and reliable systems fail to be consistent winners? Show a 6-year-old child a chart and he will tell you if a market is going up or down by simple observation. Yet, 80% or 90% of all traders end up as losers. The market doesn't beat you, you beat yourself! You are your own worst enemy!

Challenges To Your Mental Discipline

Challenges of a trader's mental discipline exist in many areas of the marketplace and appear in many different forms. Virtually every trader who has spent any amount of time in the commodity business has experienced one or more of the following upsets to his mentality: Continue reading "Do You Have Discipline In Your Corner?"