Tag: technical analysis

Here's How We're Trading The S&P And Materials

Posted on by The INO.com Team

Todd Gordon of TradingAnalysis.com takes a look at the SPY in today's market analysis.

The stock indexes are selling off for two main reasons. First, the reality of higher interests is starting to set in. The market has been drinking heavily from the Fed's liquidity punch bowl. Is the party over and the hangover about to set in? Second, we are failing at a confluence of Fibonacci and Elliott Wave resistance. Here's how we're trading it with options.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

This Stock Could Outperform The Market In The Next Three Months

Posted on by The INO.com Team

October proved to be a spectacular month for stocks with the best gains seen since the third quarter of 2011. Historically, the last quarter proves to be a good one for stocks. That is not a guarantee that stocks will go higher, but historically since 1949, stocks have averaged a gain of 4% in Q4. That is followed by a strong Q1 with the average gain of 2%. History is all well and good, but it doesn't necessarily repeat itself in a very systematic fashion every single year.

Here's the stock that I think can do very well in Q4. The stock is TE Connectivity Ltd. (NYSE:TEL). Presently this stock is trading around the $64.90 area and I believe it can move substantially higher in Q4.

Here are the reasons why I think that: Continue reading "This Stock Could Outperform The Market In The Next Three Months" →

SPY Price and Time Coming Together

Posted on by The INO.com Team

Todd Gordon of TradingAnalysis.com takes a look at the SPY and Netflix in today's market analysis.

Shorts are running for cover as we head into earnings season. We set the emotion aside and trade what we see, not what we think, and we see the SPY running to this key price and time resistance zone. Also, we take a look at the upside leader, NFLX, and how to position it with options going forward.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

Silver Update: Risk/Reward Ratio Favors Longs (1:4)

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


Back in September, I posted a Silver update with the very promising title, "The Time Has Come," where I suggested both target and time for this fading downside move. The target at the $13.7 level hadn’t been reached as buyers did not wait to buy on the dips and had followed Gold to the upside beyond $15, but the time goal (which I stressed in the title) worked out perfectly according to the Fibonacci time zone extension. The downtrend exhaustion appeared in September and it has been really wasting away as not only the low, but also the high of September have both been trapped in the shadow of August (margins have been highlighted in two black dashed parallel horizontal lines). Below the chart, I am going to expand on the prospects of the current reversal.

Silver (FOREX:XAUGSDO)
Chart courtesy of TradingView.com

Laozi said, “A journey of a thousand miles begins with a single step” and the above daily chart shows us important details that can’t be seen on the monthly chart. Here we can see the last steps of the previous “journey” down and the first “step” for the way up. Continue reading "Silver Update: Risk/Reward Ratio Favors Longs (1:4)" →

S&P 500 About To Get Barreled By The Approaching Hurricane?

Posted on by The INO.com Team

Earlier this week Todd Gordon of TradingAnalysis.com took some time away to go surfing before the hurricane in the Caribbean made it's way to the states. Now it's time to surf the market's Elliott Waves ahead of a different storm that's brewing post-NFP.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon