Today's Video Update: Apple Is Officially Moving Sideways

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 15th of July.

Every July, it gets very hot and humid here in Maryland and the markets seem to be following suit. The energy markets and the equity markets are hot right now and all in strong upward trends.

One thing to note today is that Apple (NASDAQ:AAPL) is now officially moving sideways according to the new weekly Trade Triangle. This is in contrast to the strong downward trend we have seen in this stock from the $700 level. What does this mean? Well, it could mean that we are in the early stages of a double bottom base being put in place in this once-high-flying stock that institutional investors love. If that is true and we see a new piece of technology coming out of Apple (like a smart watch?), Apple could easily rally back to the $550 level. The key level to watch here is the $466 level. If that level is taken out, then it could be off to the races for Apple.

Don't Miss My Appearance On CNBC Closing Bell Today
Yours truly will be appearing on CNBC's "Closing Bell" with Maria Bartiromo today at 4:50 Eastern time. I hope you have a chance to tune in and see my latest thoughts on what's going on for tomorrow's markets.

Watch Today's Video Update Here Continue reading "Today's Video Update: Apple Is Officially Moving Sideways"

Today's Video Update: It's The Weekend And We All Know What That Means

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 12th of July.

With record high closes in the DOW and the S&P 500 yesterday, this is not the time to be short the main indices going into this weekend. I will be using our 52-week high strategy to catch a quick move and you can see the rules on how to play in today's video.

The DOW triggered a Green Weekly Trade Triangle on 7/10/13 at 15,340.09 signaling a resumption of the uptrend.

The S&P 500 triggered a Green Weekly Trade Triangle on 7/10/13 at 1,654.19 signaling a resumption of the uptrend.

The NASDAQ triggered a Green Weekly Trade Triangle on 7/8/13 at 3,488.31 signaling a resumption of the uptrend.

On Monday, our weekly (intermediate trend) Trade Triangle kicked in and gave a resumption of trend buy signal for the NASDAQ index. The signal came in at 3,488.31 confirming that both the intermediate and longer-term trends are now in unison, signaling a move to the upside. Continue reading "Today's Video Update: It's The Weekend And We All Know What That Means"

If You Missed Today's Up-Move, Don't Blame Us

If You Missed Today's Up-Move, Don't Blame Us

yeahInterestingly enough, 24 hours before Ben Bernanke made his announcement and spruced the markets up dramatically, MarketClub's Trade Triangle technology picked up buy signals on the DOW at 15,340.09 and on the S&P 500 at 1,654.19. These signals came in a day before today's huge move to the upside.

If you're not yet a MarketClub member, I'd like to invite you to take advantage of our special free trial so you can see what MarketClub can do for you. Remember, MarketClub covers stocks, futures, precious metals, ETFs, mutual funds and foreign exchange.

Here is the link you need to start your trial:

Every success in your own trading. GO

Adam Hewison
President, INO.com
Co-Creator, MarketClub

From Books to Everything Else

When Jeff Bezos was searching for a name for his new internet start-up back in 1994, he wanted something that was impressive and sounded big. You see, Jeff wanted to sell books at a discount on the Internet and size to Jeff was important. He believed that his small start-up in time, could effectively become a category killer for the likes of Barnes and Noble and Borders.

The name Jeff eventually decided on for his new start-up was Amazon (NASDAQ:AMZN), and like the mighty Amazon itself, whose mouth is growing an average of two meters every year, Jeff wanted volume. So what better name to choose since by volume, the Amazon River is the world’s largest river.

Loading the player...

So what are you waiting for? Let's get started right away!

From books to everything else, Amazon (NASDAQ:AMZN) has become a juggernaut in the marketplace and now dominates sales on the internet. Jeff had all the stars aligned with his new company, the right name, the right concept and the right timing back in 1995 when Amazon opened its website for business.

Now CEO Jeff Bezos was not looking for quick profits or to flip his company, rather Amazon's goal was to grow free cash flow, basically cash from operations less all other charges. That is the key distinction for Amazon and one that separates it from other Internet and earnings-driven companies. As one Wall Street-er said, "Earnings are an opinion; cash is a fact."

Kudos to you Jeff, and thank you for providing a great stock to trade with our Trade Triangles.

Today, we will be analyzing the stock of Amazon (NASDAQ:AMZN) in detail. The video runs about 2 minutes.

Enjoy the video, and every success in your own trading.

Adam Hewison
President, INO.com
Co-Creator, MarketClub

Today's Video Update: Clear Cut Trends Are Emerging

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 9th of July.

NASDAQ Flashes A Buy Signal
On Monday, our weekly (intermediate trend) Trade Triangle kicked in and gave a buy signal for the NASDAQ index. The signal came in at 3,488.31, confirming that both the intermediate and longer-term trends are now in unison signaling a move to the upside. The NASDAQ could be a precursor of trends to come on both the DOW and the S&P 500, only time will tell.

Crude Oil Takes A Breather
Do not be fooled by this momentary pause in the price of crude oil, with the trend clearly established to the upside, I am looking for new highs in this market. With a target zone of $110 per barrel for crude, I see no reason to abandon long positions and want to hold firm for longer term traders. A close in the August contract over $103.50 this week will represent a new high close and a continuation of the uptrend. Continue reading "Today's Video Update: Clear Cut Trends Are Emerging"