Daily Video Update: Bull market or bear market, the Trade Triangles show you the way

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 27th of July.

At the moment there are lots of conflicting economic signals coming from Europe, the United States, and China. So, what's an investor to do and believe in? We have always found that the answer for us rests in our Trade Triangle technology. Not only will the Trade Triangles keep you out of non-trending markets, i.e. the current stock market, but they'll also get you in when the trend becomes strong. That's when you want to be in that market and that's the time to make money. So don't worry about what the rest of the world is doing or not doing, trust in MarketClub's non-emotional Trade Triangles. Continue reading "Daily Video Update: Bull market or bear market, the Trade Triangles show you the way" →

Howard Schultz from Starbucks has it right, and so do the Trade Triangles

Posted on by The INO.com Team

I am not sure how this works, but four days ago our Trade Triangles gave a sell signal for Starbucks. Yesterday, Howard Schultz, who is the chairman and CEO of Starbucks mentioned in his company's conference call with some less than stellar guidance for the future. This was enough to tank Starbucks stock in after hours trading. Check out your MarketClub chart on Starbucks and put in the monthly Trade Triangles and tell us what you think.

Have a great trading day.

Adam

Poll: With Facebook at new lows, is it a buy or is it headed for the teens?

Posted on by The INO.com Team

Yesterday, Facebook closed at new lows which disappointed many investors. Where do you think Facebook is headed from current levels? We appreciate your business and your viewpoint, so please vote and leave your comments on Facebook right here.

Where do you think Facebook is headed?

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Thanks, and have a great trading day.

Adam

Key Market Commentary for Friday

Posted on by The INO.com Team

STOCK INDEXES & MARKETS

The September NASDAQ 100 was higher overnight as it extended the short covering rally off Wednesday's low. Stochastics and the RSI are turning neutral hinting that a low might be in or is near. Closes above the 20-day moving
average crossing at 2592.56 would temper the near-term bearish outlook. Multiple closes below the June-July uptrend line crossing near 2555.97 are needed to confirm that the rally off June's low has ended while opening the door for additional weakness near-term. First resistance is the 20-day moving average crossing at 2592.56. Second resistance is last Thursday's high crossing at 2658.00. First support is the reaction low crossing at 2516.50. Second support is the reaction low crossing at 2503.50. Continue reading "Key Market Commentary for Friday" →

Will stocks extend yesterday's rally?

Posted on by The INO.com Team

(RTTNews) - After moving sharply higher in the previous session, stocks could see some further upside in early trading on Friday. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 31 points.

The markets may benefit from the release of a report from the Commerce Department showing that the U.S. economy grew by more than anticipated during the second quarter. Continue reading "Will stocks extend yesterday's rally?" →