Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 6th of
Could Costco (NASDAQ:COST) be the new hot stock for investors? Facebook (NASDAQ:FB) still looks good and has all three Trade Triangles positive, suggesting that this stock is in strong hands. Yesterday, Tesla's (NASDAQ:TSLA) earnings created a short-circuit in many investors' minds, causing the stock to drop 14% today. In addition to these stocks, I'll also be covering the major indices, gold, which gave a short-term buy signal today, crude oil and the Dollar.
If you love the movies, then you've got to love this stock.
This stock has been acting very well lately, as it seems to be able to shrug off all the negative news that we have been bombarded with lately.
In this short five-minute video , I explain in detail and take you step-by-step in what I think is happening to this particular stock. All of our indicators, including our "Trade Triangles" are pointed on the upside for this one market.
We are putting the video online so you can watch it with our compliments. There is no need to register and you can watch it right away.
Let us know what you think of the video on our blog.
Enjoy the video,