Is Wal-Mart the "Canary in the Mine"?

In today's short educational video, we're going to be examining the stock of Wal-Mart (NYSE:WMT). We will be using Fibonacci retracement, R.N. Elliott's wave principal, and the moving average convergence divergence, better known as the MACD indicator, to analyze Wal-Mart (NYSE:WMT).

The video runs about seven minutes and I think you'll find it very interesting on several different fronts. Putting all of these methods together in addition to our Trade Triangle technology produced some excellent results for this market. I also have a special bonus for you at the end of the video.

I hope you enjoy the video and more importantly learn how to use the technical tools mentioned so you can add them to your trading arsenal.

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Every success in your trading!

Sincerely,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Poll: What do you think of U.S. taxes?

With Apple CEO, Tim Cook, on the hill today testifying about Apple's overseas money hoard, I thought we should bring up that ugly word on this blog - Taxes!! The biggest challenge we have in this country is a dysfunctional IRS and tax code.

Please indicate your answers below. If you have a comment, and it seems everyone does when it comes to taxes, please feel free to use this blog to share your opinions.

What do you think of U.S. Taxes?

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We appreciate your feedback and participation,

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

Supercharge Your Portfolio With These Powerful ETFs

By: David Goodboy - Street Authority

Exchange-traded funds (ETFs) have revolutionized the way investors approach the financial markets.

No longer are multiple accounts required to access the majority of indexes, currencies and commodities. Now, with a stock brokerage account, the self-directed investor can trade nearly every popular financial instrument with the click of a mouse.

Not only has access been democratized, but leverage has also undergone a revolution. ETFs that provide two and even three times leverage -- meaning they amplify the moves of an instrument or index by a given multiple, in either direction -- are available on a variety of financial instruments.

I'll never forget my first time using triple-leveraged ETFs. My technical research and fundamentals clearly indicated that the SP 500 index, the broad barometer of U.S. stocks, was overextended on the upside. A big drop was on its way, and it was going to happen soon. Continue reading "Supercharge Your Portfolio With These Powerful ETFs"

Today's Video Update: Yahoo Bets A Billion

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 20th of May.

Yahoo Bets A Billion
Marissa Mayer, president and CEO of Yahoo, is making a big bet today on a six year old company that is rapidly running out of money. Yahoo (NASDAQ:YHOO) is committing up to one third of its cash to buying the micro-blogging website, Tumblr, for 1.1 billion. Tumblr has approximately 108 million blogging sites and by all accounts will increase Yahoo's traffic by 20%. The key of course is whether or not Yahoo can make money from their decision to purchase Tumblr, as revenues for this stock last year only totaled $13 million. I think you will agree that spending $1.1 billion to get an income of $13 million does not make a lot of sense. We are going to let the market tell us what it thinks of this acquisition and how well Yahoo can monetize its base. Yahoo's stock has done well this year and we have been bullish on it for sometime. It remains to be seen whether the recent upward trajectory will continue and remain intact with Marissa's big bet. We will be looking at Yahoo today. Continue reading "Today's Video Update: Yahoo Bets A Billion"

Gold Chart of The Week

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (May 20th through May 24th)

After wrapping up a week full of economic data in the United States, we now look forward to a fairly light schedule. At this point, most traders realize how insignificant the results of these reports are and they will likely continue to follow the stock indexes with a “buy the dip and enjoy the trip” mentality. Why wouldn’t they? Indexes like the S&P 500 have only spent about a week below the support trendline since the move began in November of 2012. Even after a string of misses in the middle of last week, the S&P Futures only pulled back a fraction of the prior day’s move up. And that was only long enough for the buying to resume and a new high was put in shortly thereafter. Continue reading "Gold Chart of The Week"