You can observe a lot by watchin!

By: Chris Irvin, Veteran Instructor & Trader at The Wizard

I have been trading, and mentoring others how to make high probability, low risk stock and option trades for the past decade.  I have worked with over 20,000 students from Sidney Australia to Albany New York.  In that time I have worked with every system, indicator, and study you can think of and come to one conclusion – If you draw enough lines on a chart, your stock is bound to hit one of them eventually.  For me, trading is not about impressing others with fancy algorithms.  It is about Yogi-isms.

Yogi Berra was one of the most colorful figures in all of Baseball.  An amazing player, starting his carrier in 1946, he eventually was named the Manager of the Yankees, the Mets, the Yankees again, and then finished out his carrier with the Astros in 1992.  Yogi’s contribution to Americana actually goes far beyond the sports world.  He was also known for creatively phrasing some of the most obvious thoughts ever! Continue reading "You can observe a lot by watchin!"

Weekend Update for week ending 4/22/12

Out of the nine sectors we track every week,  three sectors were in the red for the week.  The largest fall was in technology with that sector being down 1.37%. On the plus side, healthcare was up 2.12% with HGSI up an astounding 99.78%.

Listed below are the nine sectors and last week’s  top performing stocks in that sector. Continue reading "Weekend Update for week ending 4/22/12"

Why investors aren't impressed with profits

By BERNARD CONDON and PAUL WISEMAN
AP Business Writers

(AP:NEW YORK) When it comes to happy surprises on Wall Street, it's hard to get better than this.

U.S. companies made more money in the first three months this year than almost anyone expected. As earnings reports roll in, they're beating the estimates of stock analysts at a rate not seen in more than a decade.

Yet stocks have languished. The Standard & Poor's 500 index has fallen about 2 percent in April. So why aren't investors impressed?

For starters, earnings season has just begun. The real test is the next two weeks, when more than 300 companies in the S&P 500 report. Apple, the most valuable company in the world, reports Tuesday.

Topping estimates is no great feat. Publicly traded companies do it almost every quarter. They tell analysts to expect a number the companies know will be low. Then they can enjoy a "pop" in their stock price when _ surprise! _ they clear the hurdle.

And this quarter, it's not much of a hurdle. Just a month ago, companies got analysts to expect first-quarter earnings to grow so little you'd need an electron microscope to spot the rise _ just 0.5 percent. Continue reading "Why investors aren't impressed with profits"

Strategy Trading Using Next Day Predictive Highs and Lows

We get a lot of questions here at MarketClub about how to use highs and lows to predict market movement. As a treat to our Trader’s Blog readers we have asked Darell Jobman, a leading expert in technical analysis to share some his techniques. In this video workshop you’ll discover how to putting indicator clues together to identify setups for a new trend. Darrell has been writing about financial markets for more than 35 years and has become an acknowledged authority on derivative markets, technical analysis and various trading techniques.

 

Watch Now:Spotting Breakouts That Lead To Trend Reversals

 

Best,
The INO Team

Poll: Speculation to blame?

This week Obama proposed new measures to limit speculation in the oil markets. The new proposals would require oil traders to put up more of their own money for transactions, ask for more money for market enforcement and monitoring activities, and call for higher penalties for market manipulation. The impact that speculation, or investment money, is having on oil prices is a subject of much debate. So we wanted to ask.....

Do you think speculation is to blame for high oil prices?

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As always we would love to hear your thoughts on this topic.

Every Success,

The INO Team