Today's Video Update: Time to buy the Dow and Netflix?

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 Wednesday, the 21st of August.

The Dow (INDEX:DJI) has fallen back 61.8%, a key Fibonacci retracement level, and is now in an area where it should stabilize and start to move up once again. Everybody is waiting for the Fed minutes this afternoon, but I don't think there will be any change in the Fed policy for the time being.

With yesterday's news of Netflix (NASDAQ:NFLX) acquiring the exclusive broadcast rights to Weinstein films, Netflix stock shot up dramatically. I have been bullish on Netflix for some time and I continue to think this market is headed for an all time high around $300. Would I buy Netflix around current levels? Yes, with tight money-management stops. Continue reading "Today's Video Update: Time to buy the Dow and Netflix?" →

Poll: Would you watch a cable news channel by Al Jazeera?

Posted on by The INO.com Team

What do you think when you hear the name Al Jazeera? Well, it is a reality Al Jazeera is starting a broadcast news cable channel in the United States all thanks to Al Gore.

Personally, I seem to link the name Al Jazeera with the Muslim brotherhood, Al Qaeda, and a part of the world removed from America. AT&T is being taken to court by Al Jazeera, as they are refusing to carry the Al Jazeera broadcast signal.

Al Jazeera was made possible by Al Gore, who sold them his money-losing cable company for half a billion dollars. This sale, along with some other investments made by Mr. Gore, have given him a bigger net worth than Mitt Romney. By selling his failing cable company to Al Jazeera, as apparently nobody else would buy it, it gave Al Jazeera access to 90 million homes in America.

Here is today's question...

Would you watch the Al Jazeera channel?

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Thank you for participating in our survey and feel free to voice your opinion and leave us a comment.

Every Success,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Know the Zone & Improve Your Gap Trading

Posted on by admin

By: Scott Andrews of Master the Gap

I am a gap trader.  Specifically, I 'fade' the opening gap (i.e. go short when the gap is up or long when the gap is down). My first research breakthrough many years ago was in recognizing that gap selection was the “door” to making profits and the “key” to that door was to focus on the location of the opening price.

Using the prior day's direction (up or down) and the open, high, low, and closing prices, I created ten “zones” and each provides tremendous insight into the probability of a gap filling or not. Click here to view my Gap Zone Map with historical odds for the S&P 500.  My selection strategy has evolved over the years to include market conditions, patterns and seasonality, but zones remain the foundation of my gap fade selection criteria.

So why do opening zones work? They inherently incorporate : Continue reading "Know the Zone & Improve Your Gap Trading" →

Did You Miss Adam On CNBC's Street Signs Today? (Updated With Video)

Posted on by The INO.com Team

Watch Adam Hewison today, live at 2PM EDT, as he appears on CNBC's Street Signs with Brian Sullivan and Mandy Drury. Adam will discuss his hot retail sector analysis, particularly the direction of JC Penny (NYSE_JCP), Best Buy (NYSE_BBY), and Home Depot (NYSE_HD).

Poll: Where's the market heading this week?

Posted on by The INO.com Team

For the fourth day in a row the markets closed on a down day. Is this the start to another down week? After last week, which was the worst week in 14 weeks, we want to know....

Will the market finish up or down this week?

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As always, please leave a comment with your answer. We would love to hear your thoughts on the subject.

Every Success,
The INO.com Team