Today's Video Update: Can We Trust This Market?

Hello traders everywhere! Adam Hewison here, President of and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 24th of April.

Can We Trust This Market?
A number of years ago when Ben Bernanke took over the chairmanship of the Fed, little did anybody predict that he would be single-handedly supporting the entire stock market. I asked several colleagues of mine over the past few days, "what would happen should the quantitative easing that Ben put in place stop?" They all gave me the same answer, "the market would crash." That is not a particularly compelling reason to own stocks, in my opinion, if stocks are been artificially held up. I have said this before, the trend is your friend, and as far as the DOW is concerned, the trend remains positive.

What Now Apple?
Yesterday, Apple (NASDAQ:AAPL) announced their earnings and while there was some good news, there was also some bad news. The bad news is that their profit margins continue to shrink and that coupled with no new innovation coming out of Apple anytime soon, does not spell out a particularly rosy scenario for this stock. Continue reading "Today's Video Update: Can We Trust This Market?"

Time Was on My Side with Amazon

It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to heaven, we were all going direct the other way…

Charles Dickens, A Tale of Two Cities Continue reading "Time Was on My Side with Amazon"

Amazon Plunges And Trade Triangles Save The Day

Amazon shares fall 9.5% and the company's founder reduces his holdings. (AMZN), which posted its quarterly earnings on Friday, disappointed many investors with slipping margins. The market reacted quite dramatically with shares of Amazon skidding downhill for a loss of 9.5%.

MarketClub members did not have to sit through this downturn as we exited Amazon on January 21st - some five days before the report. How did we know the report was going to bad? The truth is we didn't know, but our "Trade Triangle" technology recognized that something was amiss and alerted members who follow Amazon to exit pronto.

As the graph will show, we have had two trades since September 1st of last year and in both of these trades we were successful, giving us gains of $36.85 a share.

Our long-term indicator continues to be positive on Amazon, but for now intermediate-term traders should be on the sidelines counting their money and waiting for a better opportunity to re-enter this stock.

Another worrying concern is what Bank of America/Merrill Lynch said today, "Owning the stock here requires trust and patience. We have seen Amazon go through investment cycles before and believe investment in growth is the right long-term strategy for the Internet."

Not exactly a ringing endorsement in my opinion.

Well, forget trust and patience. We prefer to trust our "Trade Triangle" technology as it has consistently proven to be successful. Our "Trade Triangles" produced just 2 trades in Amazon since 9/1/10. Producing a very respectable 47% return in just five months.

If you're not already a MarketClub member, you should seriously look into our "Trade Triangle" technology. It will help get you into the markets at the right time and out before everything starts to slide.

You can learn more about MarketClub by clicking here, or you can sign up for a 30 day risk free trial right here.

All the best,
Adam Hewison

President of
Co-founder of MarketClub

Amazon has hurt itself … technically

In today's video we look at the technical aspects of Amazon and see what's causing it not to go up at this point in time.

Analyzing the market in-depth, we can see that Amazon has hurt itself technically. According to the chart, we can anticipate that it is going to take some time to repair or even overcome the current level resistance.

This new short video outlines the areas we feel must be challenged to change the present trend. We also look at some downside target zones that may be possible for this stock.

As always our videos are free to watch and there are no registration requirements.

We would love to hear your thoughts on Amazon, so please post your comments below.

All the best,
Adam Hewison
President of
Co-founder of MarketClub