Category: Trading Videos

Is The Gold Rush On?

Posted on by The INO.com Team

Today, I'm going to be focusing on gold (FOREX:XAUUSDO). It would appear as though this market had a number of cycles that are coming due and some that have just passed. It also looks as though all of the problems in the world haven't had any real powerful effect on gold. Normally in times of uncertainty, gold has been the go-to asset for most investors, but for some reason, not this time.

With today's strong upward market action, there have been a couple of technical indicators click over to the upside, these indicators are the forerunners of a larger, more extended move to the middle of September. By mid-September, gold could be trading at the $1,420-$1,430 level, if all of the technical indicators line up.

For many traders, gold has been somewhat of a disappointment in 2014, even though it is plus some $70 for the year. Many gold bugs were expecting much higher levels by this time, given all of the uncertainties with the banks and conflicts around the world.

The next 4 to 6 weeks could be very exciting in this precious metal and I expect this excitement to come in the form of a move to the upside. In this detailed video, I will show you exactly where the cycles are, plus the technical indicators that I'm watching closely for further confirming evidence that a bull move is underway.

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

Is Netflix Inc. (NASDAQ:NFLX) Streaming To Go Higher?

Posted on by The INO.com Team

Today, I'll be taking a in-depth look at the stock of Netflix Inc. (NASDAQ:NFLX). The stock enjoyed a very nice move from May through July, but has since stalled out. After making a high in July, the stock has pulled back from the $472 level to where it is currently trading around the $427 level.

Netflix was founded by Reed Hastings, who had the brilliant idea of sending DVDs through the mail directly to your home. This was a disruptive idea at the time, which put many mom-and-pop video rental stores out of business. Now Netflix is expanding and streaming videos directly to your computer, bypassing the post office, which is even a better idea, in my opinion.

Netflix has to be the undisputed leader in entertainment/streaming video field, but now has lots of competition in the form of Hulu, Amazon, Apple and many others. My thoughts are that Netflix will continue to be the major player and continue to own the major portion of the video streaming business. Continue reading "Is Netflix Inc. (NASDAQ:NFLX) Streaming To Go Higher?" →

Keep Your Eye On First Solar, Inc. (NASDAQ:FSLR) Today

Posted on by The INO.com Team

One interesting stock to keep your eye on today is First Solar, Inc. (NASDAQ:FSLR), which broke over a long-term downtrend line in October 2013 and has been moving sideways, but slowly inching upwards nonetheless.

Today's market action in this stock is going to be important because if it closes towards the highs of the day, somewhere around $64.00 as of this writing, a Japanese candlestick "morning star" formation will be created. This can be a strong indication of a reversal to the upside.

This stock has also made a double bottom at $60.75 and again at $62.58. On both the monthly and weekly charts, the RSI level remains above 50, indicating that the longer term uptrend is still intact. This coincides with the monthly Trade Triangle, which remains green and positive. Continue reading "Keep Your Eye On First Solar, Inc. (NASDAQ:FSLR) Today" →

Today's Fibonacci Points For Apple Inc. and Gold

Posted on by The INO.com Team

Yesterday was one of those "OMG" days where everybody ran for the exit at the same time. When that happens, there is indiscriminate selling of almost every market and this can present an opportunity for smart traders to step in and either add to positions or take new positions in the direction of the major trend.

Such is the case in Apple, Inc. (NASDAQ:AAPL) and spot gold (FOREX:XAUUSDO). Both of these markets have pulled back into Fibonacci levels that should offer good support and a turnaround opportunity. In today's video, I will be examining the recent pullback in gold and Apple, which is flirting with the $100 a share level.

I'll also be looking at Tesla Motors, Inc. (NASDAQ:TSLA), who just made a new high for the week today after it announced some very positive earnings yesterday. I will share with you my upside target zone for this market and it may surprise you. I'll also be looking at two of my favorite stocks, Netflix, Inc. (NASDAQ:NFLX) and Amazon.com, Inc. (NASDAQ:AMZN). Are they a buy right now?

Have a great weekend everyone and every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Understanding Candlestick Charts

Posted on by The INO.com Team

Today, we're going to be looking at classic Japanese candlestick charts. Candlestick charts were first used in Japan over two centuries ago by rice traders to chart rice prices. This system of charting has been around for a long time and can be valuable to traders everywhere. Japanese candlestick charts are now widely available on the web and in most software packages.

Candlestick charting shows, in a very visual way, a powerful picture of what's going on in the markets. Candlestick charts use individual lines that look like candles, hence the name, and are comprised of a real body and shadows. There are a number of formations that take place, both bullish and bearish, that can provide traders with valuable information.

I first discovered candlestick charting during a speaking engagement in the early 90s in Japan. Up until that time, I had used traditional Western bar charts and point and figure charts, which I also like. When I first saw a chart that had been drawn in candlesticks, I was immediately hooked, as I could see how candlestick charts show a visual image of what is going on in any market. In this tutorial on understanding candlestick charts, you will see some of the most powerful setups and learn all about the various candlestick formations and how you can use them successfully in various markets.

This short video shows you not only classic textbook examples, but also real world examples. I hope you find the video lesson interesting and of value to your own investment knowledge.

Every success using candlestick charts in the future,
Adam Hewison
President, INO.com
Co-Creator, MarketClub