Tag: DOW (INDEX:DJI)

Crude Oil Triggers A Sell Signal and Tesla Blows Away Skeptics

Posted on by The INO.com Team

Hello MarketClub members everywhere!

Well, here we are, the 1st of April and I don't have an April fools joke to share with you. Q1 will go down in history as one of the best first quarters since the 1930s. So what propelled this market to push so much on the upside in Q1? To be honest with you I'm not sure; maybe it was the prospect of ongoing cheap money from the FED or something else. When you look at hedge fund managers and other professional traders, nobody was expecting such a strong quarter. Now that Q1 is in the record books it is time to start looking at what is ahead for this the stock market.

MarketClub's Mid-day Market Report

In today's video, I will be analyzing crude oil (NYMEX:CL.K16.E), which triggered a sell signal and Tesla Motors Inc. (NASDAQ:TSLA) which triggered a buy signal today. I will also be covering the usual suspects. Continue reading "Crude Oil Triggers A Sell Signal and Tesla Blows Away Skeptics" →

Do Quarterly Charts Hold The Key?

Posted on by The INO.com Team

Hello MarketClub members everywhere! With the markets closed tomorrow for the Easter holiday, today is the end of the week. The question now is, how comfortable are investors going to be over this long 3 day weekend?

One of the tools I love using in MarketClub is the quarterly charts. I'm pretty confident in saying that very few traders ever watch these charts, but they should. They can provide you with a broad overall picture of the long-term trend that you just can't see on daily and weekly charts. I think you'll be surprised by what the quarterly charts are revealing today.

Below I have outlined last week's close, as well as key levels for the PSAR. Perhaps by the time you read this post the market will have already broken the Parabolic support levels. If that is the case, I would expect further weakness in the market next week. Continue reading "Do Quarterly Charts Hold The Key?" →

Is It Time For A Market Correction?

Posted on by The INO.com Team

Hello MarketClub members everywhere, today I'm going to be looking at some key levels in the markets. If these levels are breached, it would indicate a further correction to the recent rallies. For the past 4 to 5 weeks the equity markets have been moving steadily higher and are now extremely overbought. That condition alone does not necessarily translate to the markets correcting, however, 85% of all stock market newsletters are bullish on equities. History has taught us that when there is a large consensus of people thinking the same way the reverse occurs as there is no one left to buy. The markets could well be at a consensus crossroads right now.

Here are some of the levels that I'm looking at to get an early indication that a correction could come into play. Continue reading "Is It Time For A Market Correction?" →

Once Again Terror Rocks The Markets

Posted on by The INO.com Team

The terrorist attack this morning in Belgium once again brought home the fragility of the world we live in. This attack in Brussels, the capital of Belgium, is the headquarters of NATO and the symbolic heart of Europe. The attack on Brussels, in essence, is the equivalent of an attack on Washington D.C.

The reaction of the European markets today was surprisingly modest as the European indices lost only an average 0.50%.

In today’s video, I will be looking at how this vicious attack could impact the major indices, gold and crude oil here in the U.S. Continue reading "Once Again Terror Rocks The Markets" →

The Laws Of Gravity Haven't Changed

Posted on by The INO.com Team

What's changed since stocks cratered and made a low in early February? There are few signs that monetary easing in China, Europe and Japan is helping pull the global economy out of a slump. It seems like the Fed has run out of ideas to jump-start the US economy, and like the other world central banks, has no more tricks in their bag. That is the backdrop of what is going on for world stocks this morning.

Here's what I'm watching today. Continue reading "The Laws Of Gravity Haven't Changed" →