Today's Video Update: Steve Ballmer calls it quits

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 23rd of August.

The big news today of course is the announcement from Microsoft (NASDAQ:MSFT) CEO, Steve Ballmer, that he's going to retire within the next 12 months. The news was enough to send the stock of Microsoft up over 7%, which is good news for shareholders.

In my opinion, one of the major reasons why the stock of Microsoft (NASDAQ:MSFT) has been unable to get going over the last decade is its failure to execute on any of the new technologies. Whether its online, mobile, phones, tablets or Windows 8, all of these efforts proved to be disappointments to investors and the market in general. Continue reading "Today's Video Update: Steve Ballmer calls it quits" →

Poll: Would you buy or sell Microsoft today?

Posted on by The INO.com Team

This morning Steve Ballmer announced his retirement as CEO of Microsoft (NASDAQ:MSFT) within 12 months. Mr. Ballmer owns about 4% of Microsoft and has been with the company for the past 33 years, but for the past 10 years, has missed many of the latest moves in technology.

Would you buy or sell Microsoft today ?

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As always, we appreciate your thoughts and comments on our blog. Please let us know what you think of today's shift in the world of technology.

Every Success,
The INO.com Team

Chart to Watch - DECK

Posted on by admin

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Deckers Outdoor Corp. (NASDAQ_DECK).

This week let's take a look at the daily line stock chart of DECK.

The line chart shows the closing prices only, and I used the line chart this week because it made the Cup with Handle Chart pattern stand out a little more.

When trading stocks we use the monthly MarketClub Trade Triangle to tell trend, and the weekly MarketClub Trade Triangle for timing the trade. Continue reading "Chart to Watch - DECK" →

Today's Video Update: Tears for Sears after disappointing earnings

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 22nd of August.

What is it with these hedge fund managers who think that because they have been successful in one field, they can now go into managing big retail brick-and-mortar stores?

In my opinion, part of it has to do with ego and part of it has to do with what I call "walk-on-water-itis." This ego symptom is when you believe that you can't do anything wrong and that you're gifted with special talents. That is what I think happened to both Bill Ackman, who took JC Penney (NYSE:JCP) down the toilet, and Eddie Lampert, who is doing a pretty good job of the same thing to Sears (NASDAQ:SHLD). Continue reading "Today's Video Update: Tears for Sears after disappointing earnings" →

FOMC Minutes… Head for the Hills!!!

Posted on by admin

While the MSM instigates reasons why we should give a damn about what people who have little control over the T bond market were thinking at the last meeting, why don’t we just tune it all out and manage the markets instead?

tyx, etc

The top panel shows the 30 year yield marching toward the traditional limiter AKA the 100 month EMA.  The pattern measures to 4.5% or so, so there could be a spike above and a hell of a lot of hysteria at some point.  That’s the collective markets; 98% hype, hysterics and emotion and 2% rational management.  Either the 30 year yield is going to do something it has not done in decades (break and hold above the EMA 100) or it is not.  Simple. Continue reading "FOMC Minutes… Head for the Hills!!!" →