Category: Trading Videos

A Member's Request

Posted on by The INO.com Team

Hello MarketClub members everywhere! Today I'm going to be looking at some well-known, household-name stocks at the request of one of our members. I will be analyzing AMZN, GOOGL, CMG, TSLA, IBM and FB, along with the usual suspects, in today's video.

Amazon.com Inc. (NASDAQ:AMZN) It's no secret Amazon wants to take over the world and they certainly seem like they're well on their way to doing that. Looking at the stock however, it is showing a mixed picture. The long-term monthly Trade Triangle continues to be red which is perhaps indicating a cap on this market for the moment. Both the weekly Trade Triangle and the PSAR are indicating more of a trading range. Amazon would have to move over the $638 level before everything was lined up and ready to go on the upside. I prefer the sidelines at the moment. Continue reading "A Member's Request" →

Do Quarterly Charts Hold The Key?

Posted on by The INO.com Team

Hello MarketClub members everywhere! With the markets closed tomorrow for the Easter holiday, today is the end of the week. The question now is, how comfortable are investors going to be over this long 3 day weekend?

One of the tools I love using in MarketClub is the quarterly charts. I'm pretty confident in saying that very few traders ever watch these charts, but they should. They can provide you with a broad overall picture of the long-term trend that you just can't see on daily and weekly charts. I think you'll be surprised by what the quarterly charts are revealing today.

Below I have outlined last week's close, as well as key levels for the PSAR. Perhaps by the time you read this post the market will have already broken the Parabolic support levels. If that is the case, I would expect further weakness in the market next week. Continue reading "Do Quarterly Charts Hold The Key?" →

Is It Time For A Market Correction?

Posted on by The INO.com Team

Hello MarketClub members everywhere, today I'm going to be looking at some key levels in the markets. If these levels are breached, it would indicate a further correction to the recent rallies. For the past 4 to 5 weeks the equity markets have been moving steadily higher and are now extremely overbought. That condition alone does not necessarily translate to the markets correcting, however, 85% of all stock market newsletters are bullish on equities. History has taught us that when there is a large consensus of people thinking the same way the reverse occurs as there is no one left to buy. The markets could well be at a consensus crossroads right now.

Here are some of the levels that I'm looking at to get an early indication that a correction could come into play. Continue reading "Is It Time For A Market Correction?" →

Once Again Terror Rocks The Markets

Posted on by The INO.com Team

The terrorist attack this morning in Belgium once again brought home the fragility of the world we live in. This attack in Brussels, the capital of Belgium, is the headquarters of NATO and the symbolic heart of Europe. The attack on Brussels, in essence, is the equivalent of an attack on Washington D.C.

The reaction of the European markets today was surprisingly modest as the European indices lost only an average 0.50%.

In today’s video, I will be looking at how this vicious attack could impact the major indices, gold and crude oil here in the U.S. Continue reading "Once Again Terror Rocks The Markets" →

Trouble in Pharma-land?

Posted on by The INO.com Team

Hello MarketClub members everywhere! Today I'm looking at three stocks that are all connected to the healthcare and big pharma industries. All three have one thing in common, they all triggered red weekly Trade Triangles yesterday.

Here are the three stocks that I will be analyzing today.

Pfizer Inc. (NYSE:PFE)
Envision Healthcare Holdings, Inc. (NYSE:EVHC)
Cardinal Health, Inc. (NYSE:CAH)

In addition to the three stocks above I will also be looking at the usual suspects.

But first, we have a surprise for you… Continue reading "Trouble in Pharma-land?" →