Weekly Stock Market Forecast

Posted on by The INO.com Team

This week we have a stock market forecast for the week of 1/2/2022 from our friend Bo Yoder of the Market Forecasting Academy. Be sure to leave a comment and let us know what you think!

The S&P 500 (SPY)

SPY Weekly Chart - Stock Market Forecast

The Fed again interjected itself into the markets, and the downside follow through I was forecasting was squelched by the end of trading on Monday, then we flew back up to whipsaw out all the stops set above the highs! Since then, we sit and spin.

I still don't believe the breakout is sustainable and that we will turn lower. However, it may take a week or two to burn off the speed of the rally back up to the highs.

I'm not going to change any of my open trades, and this whipsaw reinforces my choice to take short exposure in the last forecast in individual stocks vs. the market index! Continue reading "Weekly Stock Market Forecast" →

Earnings Calendar For January 2022

Posted on by The INO.com Team

January means the start of another earnings season and there are many opportunities ahead IF you know how to find big earnings plays.

INO.com's Drift Trader helps subscribers get a jump on stocks that may swing after beating analysts' EPS estimates. Learn how to find these picks with a free test drive to Drift Trader.

Most Anticipated Earnings For January 2022

Below are some of the most anticipated scheduled earnings announcements for January Continue reading "Earnings Calendar For January 2022" →

This ETF Is A Great Buy Right Now

Posted on by Matt Thalman

The relationship Americans have with their pets is, to be honest, strange. Humans have used and lived with animals for thousands of years. Animals, especially the ones we now refer to as pets, were seen as tools for humans to use to help them perform a task better and provide food. Dogs, in particular, have been used for hunting, herding other animals, used as a form of transportation (sled dogs), and used for protection. Dogs lived in 'dog houses' outside year-round; some still do. But, for the most part, dogs are no longer seen as a 'tool' to complete a task.

This doesn't mean dogs and other animals that we let live in our homes no longer serve a purpose because due to the pandemic and lock-downs, we have seen the importance of pets to many people, not only in the US but around the world. The companionship that dogs, cats, and other animals bring to our lives has grown more important over the past 2 years, and that's very clear based on the number from the ASPCA (The American Society for the Prevention of Cruelty to Animals), which show that 23 million households acquired a pet during the pandemic. The ASPCA has also surveyed these pandemic pet owners and found that more than 85% of them are not reconsidering their pet ownership status in the near future. Meaning most of those 23 million new pet owners will remain pet owners for years to come.

Before the pandemic, research suggested that seven out of ten households in the US had a 'pet' in some form or fashion. If those figures are true, more households in the US have pets than have children. Continue reading "This ETF Is A Great Buy Right Now" →

Disney - Irrational 52-Week Low

Posted on by Noah Kiedrowski

Disney's market capitalization had been eviscerated by over 30%, and the stock price hit an irrational 52-week low in early December. Disney's valuation has been in a tug of war between its legacy business model and its streaming initiatives. Disney should be in the sweet spot of capitalizing on the pent-up post-pandemic consumer wave of travel and spending at its parks while being the new and preferred stay-at-home content provider via Disney+. However, the former has been altered due to uncertainty over the newest omicron coronavirus variant while the latter continues to build out content and expand its membership base.

Disney (DIS) has rolled out a wildly successful array of streaming initiatives that catered to the stay-at-home economy during the pandemic. These streaming efforts have transformed Disney's business model, which its legacy businesses will further bolster as the world economy prospects continue to improve and reopen, albeit minor bumps in the road.

Taken together, Disney has set itself up to benefit across the board with its streaming initiatives firing on all cylinders and theme parks coming back online. The company has been posting phenomenal streaming numbers that have negated the negative pandemic impact on its theme parks. This streaming-specific narrative will change as the theme park revenue comes back online and flows into the company's earnings. As a result, Disney presents a very compelling buy for long-term investors as the synergy of its legacy business segments get back online in conjunction with its wildly successful streaming initiatives, all of which have more pricing power down the road to expand margins. Continue reading "Disney - Irrational 52-Week Low" →