All Aboard The Gold Train

Posted on by The INO.com Team

Yesterday, the Trade Triangles issued a green weekly Trade Triangle for gold. Gold (FOREX:XAUUSDO) now has three green Trade Triangles indicating that it's ready for the next upward leg in this long-term bull market.

As I have pointed out before, this quarter is the highest-rated quarter with an 83% success rate for gold trades using the Trade Triangles. Let me just be clear that this does not mean that this particular trade is guaranteed to be successful, but the odds are heavily in your favor.

I've added two charts below, a daily chart and a quarterly chart to illustrate the last time gold was in a prolonged bull market. That bull market started in Q1 of 2009 and continued for 11 quarters ending in April 2011. On the quarterly chart, you will see that every quarter for those 11 quarters the market closed higher than the previous quarter. If that same scenario plays out again, gold has 9 quarters to go.

Quarterly Chart of Gold (FOREX:XAUUSDO)

Key To Quarterly Chart

1) The start of the 11-quarter bull market
2) The RSI indicator moves to its highest levels in 3 years
3) Gold is 2 quarters into a long-term bull market

While the quarterly chart gives us a view of the big picture of how gold has acted in the past, the daily chart shows you how to use the Trade Triangles. For intermediate-term trading, you use the weekly Trade Triangle, which we just had a signal with yesterday, as the trend indicator and the daily Trade Triangle for exit and entry signals. If you are a long-term trader, then you want to rely on the monthly Trade Triangle, which has been positive for quite some time. Continue reading "All Aboard The Gold Train" →

This Sector Breakdown Is Bad News

Posted on by The INO.com Team

Traders, there was a very weak close in the NASDAQ yesterday and I think this key sector has been lost and is set to push stocks lower. We're still short small cap IWM due to its under-performance to the other major stock indexes when using Fibonacci retracements.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

3 Energy Stocks To Watch

Posted on by The INO.com Team

Hello MarketClub members everywhere. Today I have three energy stocks to share with you. I'll be analyzing all three and giving you my potential targets for each one.

MarketClub's Mid-day Market Report

WPX Energy, Inc. (NYSE:WPX): All Trade Triangles are positive.

Daily Chart of WPX Energy, Inc. (NYSE:WPX)

Business Model: WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. Its principal areas of operation include the Permian Basin in Texas and New Mexico, the Williston Basin in North Dakota, and the San Juan Basin in New Mexico and Colorado. As of December 31, 2014, the company had proved reserves of 583 million barrels of oil equivalent. WPX Energy, Inc. was incorporated in 2011 and is headquartered in Tulsa, Oklahoma. Continue reading "3 Energy Stocks To Watch" →

Disney - A Very Attractive Inexpensive Growth Stock

Posted on by Noah Kiedrowski

Noah Kiedrowski - INO.com Contributor - Biotech


Disney offers an array of world renowned franchises (Star Wars, Pixar, Marvel, ESPN and the Disney offerings) that offer a deep and well-diversified product portfolio. This portfolio gives rise to a basket of entertainment income streams via movies, licensing deals, theme parks, TV programing, resorts and distribution rights. Disney stock has been under pressure as of late due to increasingly worrisome revenue declines from the ESPN franchise. I feel this decline in the stock is unwarranted and analysts underestimate the ability of Disney to evolve to the consumer and monetize ESPN via other means. The generational penetration of the Star Wars, Marvel, Pixar and the legacy Disney franchises are being underestimated and undervalued. Disney has witnessed fantastic growth over the last decade and considering future catalysts in the pipeline; Disney appears undervalued. Disney currently sits at a P/E of 18 along with a PEG of 1.5 and has seen its stock fall from $122 to a current price of $96 or alternatively a 21% decline. This presents a great buying opportunity in an inexpensive, high-quality growth stock.

Future Growth and Pipeline

Disney has a rich pipeline with Star Wars themed parks, Star Wars movies, the opening of Disney Shanghai, Marvel movies, Pixar movies and future Disney movies such as Finding Dory to highlight a few. The deep movie portfolio and distribution schedule is highlighted below (Figure 1). Continue reading "Disney - A Very Attractive Inexpensive Growth Stock" →

Building a Better Trader - Volume 2: Building the Structure

Posted on by The INO.com Team

The beliefs and actions of professional traders differ greatly from those of the vast majority of amateurs. One major difference between the two is that professional traders have learned how to approach the markets as a business. For example, professional traders view equipment, services, losing trades and commissions as expenditures and winning trades as income. In Volume Two of this series, Glen Ring will help build a framework for your trading career. As part of this process, he will show you how to get down to the business of making money in the markets and introduce you to five essential rules every successful trader must know.

WATCH NOW: Building a Better Trader - Volume 2: Building the Structure

Best,
The INOTV Team