Stocks Continue To Perform Well In Mid-Day Trading

Posted on by The INO.com Team

While buying interest has waned from earlier in the session stocks remain mostly positive in mid-day trading on Friday. The gains on the day have offset the modest losses posted in the previous session, although the Dow continues to face resistance near the 14,000 level.

In recent trading, the Dow has pulled back well off its best levels but remains up 52.85 points or 0.4 percent at 13,996.90. The tech-heavy Nasdaq is up 29.81 points or 0.9 percent at 3,194.94, while the S&P 500 is up 7.82 points or 0.5 percent at 1,517.21.

The strength on Wall Street is partly due to a positive reaction to a Commerce Department report showing a much narrower than expected U.S. trade deficit for the month of December, with the data potentially leading to an upward revision to the disappointing fourth quarter GDP data. Continue reading "Stocks Continue To Perform Well In Mid-Day Trading" →

Chart to Watch - SPPI

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Spectrum Pharmaceuticals, Inc. (SPPI).

As always I hope you are having a GREAT week !

This week let's take a look the MarketClub chart of SPPI.

SPPI made a new price low on a bullish MACD divergence, which is the way trading lows often happen. Continue reading "Chart to Watch - SPPI" →

Are You Using MarketClub's Perfect ETF Portfolio?

Posted on by The INO.com Team

The reason we named the Perfect ETF Portfolio, the Perfect ETF Portfolio - POSITIVE RESULTS!

We created the Perfect ETF Portfolio over five years ago to help thousand of MarketClub members who have IRA and retirement accounts. Like anyone who has a retirement account, our members were looking for a way to protect and grow their capital, while eliminating as many future market uncertainties as possible.

The concept and main mantra behind the Perfect ETF Portfolio was simplicity itself. "DO NOT LET THE MARKET EAT YOUR NEST EGG".

Over the course of five of the toughest years that most money managers and hedge fund traders can recall, the Perfect ETF Portfolio kept chugging along producing steady returns. Continue reading "Are You Using MarketClub's Perfect ETF Portfolio?" →

Today's Video Newsletter: Did Yahoo Strike a Deal with The Devil?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 7th of February.

YAHOO STRIKES DEAL WITH GOOGLE - GOOD OR BAD?
On the job for a little over 6 months, Yahoo CEO Marissa Mayer turns to her old employer Google and signs a deal to help bump up Yahoo's advertising revenues. Will this strategy help or hurt Yahoo?

Yahoo's revenues have been steadily declining until last year, when magically there was a small up-tick. In the non-exclusive deal with Google, the revenue split could be as much as 68% in favor of Yahoo. On the outset we cannot see how this could hurt Yahoo, but is it a long term solution to sustained profitability? Yahoo already depends on Microsoft for most of its search-driven advertising as part of a long-term deal executed back in 2009. Continue reading "Today's Video Newsletter: Did Yahoo Strike a Deal with The Devil?" →

Gold Miners vs. the S&P - Surprising Conclusions

Posted on by The INO.com Team

We often hear the claim that gold producers have not met investors' expectations for the past couple years. While there are many potential reasons for this, one explanation for their underperformance lies in the fact that producers diluted their share structures, leaving shareholders with smaller gains than they would have otherwise harvested.

To show how this dilution has impacted the industry, let's first review how gold miners performed last year compared to the S&P 500. Continue reading "Gold Miners vs. the S&P - Surprising Conclusions" →