Tag: Mid-Day Report

Is Now The Time To Buy Stocks?

Posted on by The INO.com Team

That is the million-dollar question right now given the market action in the equity markets in the last few days. Is this a buying opportunity or has the market reached an important top? It's a very valid question and one I hope to address in today's video.

As I've said before, this is an aging bull market that has been supported in part by quantitative easing (QE) and a very accommodating stance by the Federal Reserve. The Federal Reserve has been thinking of raising interest rates for some time and the last time the Fed raised rates was in June 2006. Continue reading "Is Now The Time To Buy Stocks?" →

Macy's Misses And Alibaba Hits A New High For Sales

Posted on by The INO.com Team

October was a spectacular month for stocks, but November may prove to be a different animal with potential roadblocks.

Many professional traders are looking at major resistance from the old highs in May of this year. I believe that the major indices are going to have their work cut out for them to move over these levels in the future.

On November 9th, I talked about Macy's Inc. (NYSE:M) showing what I believed to be major weakness in this stock. Macy's earnings were announced this morning which disappointed the market and pushed it down over 13%. I think this is a testament to MarketClub's Trade Triangle technology and the reassurances and confidence it provides investors.

I will also be taking a look at Alibaba Group Holding Limited (NYSE:BABA) that had a record sales day, generating over $10 billion in gross merchandise sales in just over 14 hours. Should you buy Alibaba here or just be on the sidelines?

I'm going to do something a little different today and look at three stocks that I talked about in an earlier video and a MarketClub member asked us to follow up on. The three stocks in question are The Walt Disney Company (NYSE:DIS), Monster Beverage Corp. (NASDAQ:MNST) and News Corporation (NASDAQ:NWSA). I will see where they were trading before earnings and where they are now after earnings.

Also in today's video update I will be looking at gold which is in a very special place right now and definitely should be on your radar screen. In addition to the gold market, I will be looking at the dollar, crude oil and the major indices.

Have a great trading day everyone.

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

Is This American Institution Signaling A Slowdown?

Posted on by The INO.com Team

This stock goes along with family, apple pie and the American flag. I'm talking about is Macy's, Inc. (NYSE:M). Every year for as long as I can remember Macy's has their annual Thanksgiving parade. It's quite a spectacle with marching bands, TV coverage and floating balloons. It all sounds wonderful and glossy and bright, but underneath the glitz and glamour, how is the business of Macy's really doing?

Not so good! Continue reading "Is This American Institution Signaling A Slowdown?" →

Can MarketClub's Trade Triangle Technology Predict Earnings?

Posted on by The INO.com Team

Today, I'm going to investigate whether or not MarketClub's Trade Triangle technology can predict stock earnings.

To do this I randomly chose 7 stocks that just reported their Q3 earnings. Here are the rules I followed for taking or not taking a position in a stock before a company announced its earnings.

Long And Short Rules

Use the Trade Triangle technology to determine how you would have been positioned in each stock before they announced their earnings. You are looking for uniformity between the monthly and weekly Trade Triangles, i.e. a matching monthly and weekly green Trade Triangle would indicate holding a long position before an earnings announcement. Conversely, a matching monthly and weekly red Trade Triangle would indicate holding a short position before an earnings announcement.

Sideline Rules

When there is a conflict between the weekly and monthly Trade Triangles, a sideline position is in order. For example, if a monthly Trade Triangle is green and the weekly Trade Triangle is red, it would indicate a sideline position.

Here are 7 stocks that just announced their earnings: Continue reading "Can MarketClub's Trade Triangle Technology Predict Earnings?" →

Here's One Stock That Could Do Very Well In Q4

Posted on by The INO.com Team

There are two months left in the quarter and the Fed continues to dither, and if anything, create uncertainty in the marketplace. I read this morning there's a 52% chance that they will raise interest rates in December. That means there is also a 48% chance that they will not raise interest rates in December. This uncertainty and lack of direction from the Fed is causing anxiety problems for the market.

That aside, I do have a stock that I think will do well for the balance of the year. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) had a monthly green Trade Triangle trigger yesterday. The stock has the potential to move up as much as 20% in the next several months. In today's video, I'll show you why I think it can move up 20% from current levels. I will also share with you an important technical aspect that makes me believe that this can happen this quarter or early in Q1 of 2016. Continue reading "Here's One Stock That Could Do Very Well In Q4" →