Candlestick Patterns – Kicking

Posted on by The INO.com Team

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple and straight-to-the-point.

If you like this article, Larry’s also agreed to give you free access to his award winning book.

I think it's time for another look at Japanese candlestick analysis. Let's take a closer look at kicking, widely considered a high reliability pattern in candlestick charts.

Kicking patterns are another reversal signal.

Kicking patterns on a candlestick chart are formed when there are two marubozu - one white and one black - with a gap between them. Bullish kicking patterns would present as a black or filled candlestick without any wicks (shadows) followed by a gap higher with a white or hollow candlestick that is also without wicks. These are marubozu. They are formed when the market has a particularly one-sided trading session that closes at the high or low leaving just that real body of the candlestick. Continue reading "Candlestick Patterns – Kicking" →

How To Find Stocks For A Quick Upside Pop

Posted on by The INO.com Team

Hello traders MarketClub members everywhere. Today, I want to show you a quick and easy way to find stocks that are really moving and that you can catch for quick pop on the upside. It's not difficult, anyone can do this with just a few mouse clicks.

I found 3 stocks today that I like and I want to share those 3 stocks with you right now.

The first stock I found was Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT) currently trading @ 87.00.

Starwood Hotels & Resorts Worldwide, Inc., together with its subsidiaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names. Continue reading "How To Find Stocks For A Quick Upside Pop" →

Picking Undervalued Gold Equities Is Akin to Picking Strawberries

Posted on by admin

The Gold Report: A 10-year U.S. bond yields 2% currently. How is that changing the market?

Randall Abramson: We typically view the markets and our investment process through top-down and bottom-up lenses. Our top-down tools are telling us that all systems are "go," and that there are no immediate hurdles ahead. This low-growth environment has allowed the broader markets to remain in a bull phase for longer than is typical. In fact, we've not had even a market correction of 10% or so for way longer than normal.

TGR: The World Gold Council (WGC) reports that central banks bought 477.2 tons of gold in 2014, which was nearly a 50-year high. What do you make of central banks buying gold at peak Cold War-era levels? Continue reading "Picking Undervalued Gold Equities Is Akin to Picking Strawberries" →

Top 3 Dividend ETF's Every Dividend Investor Should Consider Owning

Posted on by Matt Thalman

Matt Thalman - INO.com Contributor - ETFs


With an explosion of ETF's over the past few years, finding quality, goal specific, industry or type focused funds can be very challenging. With dividend investing growing in popularity, today we will be looking at 3 ETF's that focus on dividends. Two will be more focused on investors looking for high yields while the third will be more traditional and offer the dividend investor safety, security and a solid yield.

So, let's get right to it.

The first pick is the Arrow Dow Jones Global Yield ETF (GYLD). The GYLD is a high yielding ETF, currently boosting a 7.67% dividend yield, which focuses on finding and investing in the 150 highest yielding investable securities in the world. The ETF holds both stocks and bonds and that ratio currently sits at a 60/40 split. The ETF's top 3 holdings include Whiting USA Trust II (WHZ), CVR Partners, LP (UAN) and Alon USA Partners, LP (ALDW), of which two are oil and gas partnerships. Continue reading "Top 3 Dividend ETF's Every Dividend Investor Should Consider Owning" →

I Like The Chart Formation On This Stock

Posted on by The INO.com Team

Today I will be looking at the stock chart of Cadence Design Systems Inc. (NASDAQ:CDNS). This stock just broke out to the upside from a four-month base and looks as though it wants to continue going higher. All of the Trade Triangles are green and pointing higher for Cadence Design Systems. My upside target for this stock is $22.40, CDNS is currently trading around $19.50.

Looking at the chart you can see that this stock has a very well-defined four-month base and has cleared resistance with today's breakout. If you measure from the lows of $16.52 to the resistance level which is at $19.53 it gives us a measurement of $3.01. You then add that number to the resistance level of $19.53 and this gives you a target of $22.54. I would then round that number down to approximately $22.40, which is now the upside target zone for this stock.

So what does Cadence Design Systems do?

Continue reading "I Like The Chart Formation On This Stock" →