The Big Market Vortex

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Friday, the 10th of January.

It seems to me as we are finally back to double digit temperatures here in the Mid-Atlantic there is a different feel in the market so far this year. As we ended 2013, stocks were buoyant and moving to new highs and as we move into the second week of trading in the new year, stocks seem to have lost some of their pizzazz.

Major Indices

While the major indices are still in a positive upward trend longer-term, it is increasingly apparent that they may just be running out of gas and upside momentum in the short-term. I'll be examining the three major indices today and share with you my take on what's happening in each index. Continue reading "The Big Market Vortex"

3 Stocks To Watch This Week

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Monday, the 6th of January.

2 Stocks To Watch

Eli Lilly and Company (NYSE:LLY), developer, manufacturer and seller of pharmaceutical products worldwide, had a new monthly Trade Triangle today at $51.62 and in doing so also broke above an 8-month long-term downtrend line. This stock is clearly in an uptrend and I would want to treat it and approach it from the long side.

My upside target for this stock is $57-$58. As always, I will be using the weekly Trade Triangle for any subsequent exits and entries.

Information technology (IT) and infrastructure management software company, Solarwinds (NYSE:SWI), appears to have completed a 61.8% Fibonacci correction from its highs set back in September of 2012 around the $60 area. Continue reading "3 Stocks To Watch This Week"

It's 2014, Now What?

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your market Outlook for 2014.

Well, here it is 2014, and I would like to wish all of our members, friends and traders around the world a very happy and prosperous new year.

Let's start with the indices which had a spectacular year in 2013, in fact, it was their best year since the mid-90s. Are we likely to see those same returns in 2014? I seriously doubt the indices are going to see double digit growth like they experienced last year. What I do expect to see are much more volatile markets as the Fed begins to extricate itself from its grand experiment. It certainly is not clear to anyone that we are going to get out of this "grand experiment" without any pain. You look at a stock like Netflix (NASDAQ:NFLX), which was certainly the star performer last year managing a gain of 296% for the year, can that continue?

According to a recent poll our blog at least a 50% of the voters expected the trend to continue in 2013. I'm not so convinced, but I would like to see what the Trade Triangles say and go with that strategy in 2014. Continue reading "It's 2014, Now What?"

Apple Finally Inks The China Mobile Deal

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Monday, the 23rd of December.

Apple Lands A Big One

Yesterday, China Mobile announced that it had finalized a deal with Apple (NASDAQ:AAPL). This deal has been 6 years in the making and earlier in the month it was rumored not to be doable which made the stock of Apple fall. So just how big is the market for Apple with China Mobile?

To put the Apple China Mobile deal in perspective, the number of subscribers that China Mobile has is twice the population of the US. I think that gives us an idea of just how big the potential market is for the Apple iPhone in China.

About a month ago, I did it in-depth analysis of Apple showing where we thought the stock could go in the next month or two. You can see that analysis right here. It is well worth a visit if you missed it the first time. Continue reading "Apple Finally Inks The China Mobile Deal"

Are Stocks On Your Christmas Wishlist?

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Friday, the 20th of December.

Amazon

Amazon (NASDAQ:AMZN) moved over the $400 a share level for the first time in its history. I have been positive on Amazon since June 7th of this year, when the monthly Trade Triangle kicked in at $277.40. It is clear now, to almost everyone, that Amazon is the 900lbs gorilla in the retail space. It's going to be almost impossible to dislodge them from this position, in my opinion. Certainly the new generation of shoppers are going to bypass the Walmarts (NYSE:WMT) and the Targets (NYSE:TGT) of the world, especially when you think of the security breach that took place at Target just recently. I expect Amazon to trend higher.

Gold

Continue reading "Are Stocks On Your Christmas Wishlist?"