Tag: Mid-Day Report

3 Stocks That Avoided Yesterday's Downturn And Deserve Your Attention

Posted on by The INO.com Team

Certainly this first trading week in August has been none too kind to the markets. In fact, every major index is lower for the week, along with crude oil, gold and the euro! Not a particularly good start to August as the "death cross" creeps closer to execution. More on that next week.

The good news is there's always markets that are bucking the trend and today I'm going to be looking at three stocks that gave buy signals yesterday despite the drubbing that stocks took.

The first stock that I'm going to be looking at is American Tower Corporation (NYSE:AMT). American Tower Corporation is a real estate investment trust. It invests in real estate markets across the globe. The firm engages in leasing of space on multi-tenant communications sites to wireless service providers, radio and television broadcast companies, wireless data and data providers, government agencies and municipalities and tenants in a number of other industries. American Tower Corporation was founded in 1995 and is headquartered in Boston, Massachusetts.

The next stock is Continue reading "3 Stocks That Avoided Yesterday's Downturn And Deserve Your Attention" →

New Week, New Month, New Opportunities

Posted on by The INO.com Team

It's hard to believe how quickly this summer has passed, but here we are already in August.

Traditionally August is the hottest month of the year, but the question is, will the markets get hot in August and start moving up?

Let's take a look at what happened in July to find out which markets put smiles on investors' faces and which markets led some investors to the poor house.

The biggest loser last month in the major market category is crude oil, which lost an astounding 21.2% for the month of July. The next biggest loser was gold, which must have put a shudder in the spines of the gold bugs (do bugs have spines?).

The euro, while it lost ground, was nothing compared to the other two markets with a mere loss of 1.4%. All three of these markets did nothing to put a smile on investors faces unless they were either short or you had puts in the options market. Continue reading "New Week, New Month, New Opportunities" →

A Valued Trading Ritual

Posted on by The INO.com Team

Hello traders and MarketClub members everywhere! Here we are at the end of the week, the end of the month and anticipating a full moon this weekend. It has been quite a week and quite a month and I will be covering that in today's video.

One of my trading rituals that I do every week is look at how the markets have performed for the week. I don't mean that I look at every up and down movement, but I want to see if the market closed on a positive or negative note. I also do this on a monthly basis, at the end of every month or the last day of trading for the month, to see how a market has performed during the month. Much like my weekly ritual, I want to see if the markets I am following gained points or lost ground for the month.

I find this sort of exercise very refreshing as it takes out a lot of the clutter that surrounds the markets during the day. When you expand that exercise to a monthly time frame, you get to see a much clearer view of where a market is heading. Continue reading "A Valued Trading Ritual" →

Beware Of The New Moon, It Could Cost You!

Posted on by The INO.com Team

Yes, I know it sounds crazy but the reality is the phases of the moon do affect the way we feel. There has been a lot written about how the moon affects people, which in turn would affect the market.

I first learned about this phenomenon in a little-known booklet titled, "The Great Wheat Secret". This tiny booklet was written and I suspect illustrated by a gentleman named Burton H. Pugh some time back in the 30s. In what turned out to be a series of booklets, Mr. Pugh went on to explain how a full moon created optimism and in turn pushed wheat prices to move higher. In his booklets he showed examples of the prices of wheat moving up at the Chicago Board of Trade during a series of moon cycles.

It probably sounds a little crazy to you, but the moon cycles are really no different from market cycles. Many market cycles have been well documented in the marketplace for many years.

That brings us to 2015 which is proving to be a very exacting year for many traders, as the market really hasn't gone anywhere except up and down.

We are very close to seeing a full moon in just a couple of days on the 31st. That should bring some optimism into the general markets. What was also interesting to me was seeing how a new moon was affecting the markets. Here it seemed as though we had a clear cycle that could be tracked and linked to the lunar cycle.

Now I don't want you to get carried away and think Adam's gone crazy, but take a look at the rhythm of the market and these dates.

New moon date(s) and close in the S&P500 that day. Continue reading "Beware Of The New Moon, It Could Cost You!" →

First It Was Celgene And Now This Stock

Posted on by The INO.com Team

I've found another stock for you to look at today, just like Celgene. You need to watch today's video to find out which stock I'm talking about.

But first, it has been quite a week to say the least. A nuclear deal signing with Iran, the Greek situation finally resolved with the German Parliament today voting in agreement to bail out Greece. Just wait, in a few years time I'm sure Greece will come up again as a problem.

The markets are reacting very positively on the upside to all this good news.

The next big worry traders will begin focusing on is a potential rate hike later this year. Whether that comes in September or later is yet to be decided. Who knows, it may not even happen this year.

There are a number of stocks that are doing extremely well and this seems like an ideal time to look at the 52-Week New Highs on Friday Rules. If you're not familiar with these rules, here is what I look for. Continue reading "First It Was Celgene And Now This Stock" →