Tag: Mid-Day Report

Is This ETF Signaling Trouble Ahead?

Posted on by The INO.com Team

Hello MarketClub members everywhere, today I'm going to be looking at SPDR Gold Shares (PACF:GLD) and showing you why it could be signaling trouble ahead for stocks, the economy and a whole host of other challenges.

GLD did something that was unusual recently by breaking over a three-year trendline. As you approach and trade the market in a technical manner, this is a significant event that should not be overlooked.

Another interesting aspect to GLD is that it just completed a 61.8% Fibonacci retracement from its all-time high. I'm going to be looking at GLD in detail today and I will give you my precise analysis of this market and the reason why I think it can go significantly higher in the next 3 to 6 months.

I will also be analyzing the major indices and why they have been so choppy recently along with crude oil, the dollar and gold.

I highly recommend that you take a few minutes out of your day and watch the video!

Stay strong and disciplined.

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

Is It Time To Bail Out Of The Big 3 Banks?

Posted on by The INO.com Team

Today I'm going to be looking at the banking sector and the three big banks. Forget their recent earnings announcements and their history – look at the market action, it's telling a whole different story.

The stocks I will be looking at are JPMorgan Chase & Co. (NYSE:JPM), The Goldman Sachs Group, Inc. (NYSE:GS) and Bank of America Corporation (NYSE:BAC). I will be looking at each of these stocks individually and showing you a pattern that has proven to be very profitable in the past. Each of these stocks potentially could go a lot lower in Q4 and you should know why. Continue reading "Is It Time To Bail Out Of The Big 3 Banks?" →

Will Starbucks' New Service Deliver For Investors?

Posted on by The INO.com Team

Starbucks Corp Inc. (NASDAQ:SBUX) officially opened a pilot location for the their much-anticipated Green Apron Delivery service today in New York City's Empire State Building. It opens almost a year to the day after CEO, Howard Schultz, announced that Starbucks would be looking into a delivery option, calling it their "version of e-commerce on steroids." It only caters to customers in the building, but will likely serve as the proving ground for future delivery kitchens.

The questions is, will this new pilot service prove worthy of implementation country wide? Will this move propel Starbucks to new heights?

I'll give you my analysis of Starbucks Corp Inc. (NASDAQ:SBUX) in today's video. I will also take a look at gold, the indices and update my thoughts on some other stocks that I mentioned last week.

Stay Strong, Stay Disciplined.

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

3 Stocks That Could Win Big In The Fourth Quarter

Posted on by The INO.com Team

Hello MarketClub members everywhere, yesterday brought a change for the DOW indicating a move to the sidelines and a neutral position on this index. There was no change in the S&P 500 or the NASDAQ, both of which remain negative.

Today, I have three stocks for you that I think will do very well in the fourth quarter: Continue reading "3 Stocks That Could Win Big In The Fourth Quarter" →

A Perfect Day For A Reversal And Some Stocks To Buy

Posted on by The INO.com Team

Hello MarketClub members everywhere, no doubt you have seen the sharp rally which started on Friday and continued yesterday. Tuesdays typically are days when you see a reversal and I expect today will be no different from other trend reversal days.

The proximity of major resistance for all three indices indicates that professionals will be selling against those highs. I'm talking about the DOW which has major resistance at 16,993.43, the S&P 500 which has major resistance at 2020.86 and finally the NASDAQ which has resistance at 4960.87. I do not expect those levels to be taken out on this current rally.

The choppy trading action we had been seeing for the past six weeks is a fight between the bullish forces and bearish forces of the market. At times like this, it is best to look at the big picture for the true trend. That picture still indicates to me that the major trend is down for all three indices. Continue reading "A Perfect Day For A Reversal And Some Stocks To Buy" →