Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 8th of
General indices in the U.S. are in bull trends and I expect to see these trends resume and continue for the balance of 2013. Near term, I expect to see stocks begin to consolidate their recent gains before once again moving higher.
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.
Everybody loves a lottery ticket. People will weekly put down their hard-earned money for a 1-in-175 million chance of being rich.
And that is the kind of fervor that has driven shares of Tesla Motors (Nasdaq: TSLA) up more than 450% over the past year. Sure, the automaker is increasing production and profits are increasing, but there is nothing that can explain the surge in the stock price like good old-fashioned irrational exuberance. Continue reading "The 'Secret' Reason To Sell Your Tesla Shares Now"→
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 5th of November.
There's a lot to cover today starting with Tesla (NASDAQ:TSLA), who reports earnings after the bell. Netflix (NASDAQ:NFLX) is looking good and Apple (NASDAQ:AAPL) is creating a new factory in America to build Apple products. A major biography about Amazon (NASDAQ:AMZN) and its founder, Jeff Bezos, is up for discussion and I'll also be covering why Pandora Media (NYSE:P) is not too concerned about Apple's new iRadio service.
Tesla (NASDAQ:TSLA) Reports Earnings After The Bell
Can Elon Musk do it again and sell more Tesla S cars than his critics say he can? After the bell today, Tesla (NASDAQ:TSLA) will report its third-quarter earnings and judging by yesterday's market action, which saw this stock jump 8% in a day, perhaps the earnings are going to be better than what the critics are thinking. With the long-term monthly Trade Triangle positive on this particular stock, I see no reason to stand in front of the electric car revolution. Continue reading "Tesla Reports, Apple Builds and Netflix Does Its Thing"→
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 24th of October.
Earlier this week, Apple (NASDAQ:AAPL) unveiled its new lineup of iPads and Macs that are going to push it into the fourth quarter. One key in the presentation that most observers might have missed while focusing on the products, was the fact that Apple intends to include and provide free software like Pages, Numbers, Keynote, iPhoto, iMovie, and GarageBand. These software programs are first class and represent some of the company's crown jewels. It's Apple's new strategy to bring more and more new users into Apple's ecosystem. Once in, it is hard to get out and Apple has you for life.
This strategy reminds me of King Gillette, of Gillette shaving and razors. King Gillette's strategy was simple, give away the razor and I will sell you the high-profit razor blades. In Apple's case, the software is the razor, the iPad, iPhone, the Mac and all of the other Apple hardware pieces are the razor blades. Not a bad strategy for Apple in the tablet wars. Continue reading "Apple's Killer New Strategy And Why Everyone Missed It"→