Chart to Watch - AMRN

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the Amarin Corporation (NASDAQ:AMRN).

I hope you are having a GREAT week !

This week let's take a look at the stock chart of AMRN.

This is a lower priced stock that looks to have great upside potential. Continue reading "Chart to Watch - AMRN"

Is Wal-Mart in trouble?

Wal-Mart Stores Inc. (NYSE:WMT) is the largest retailer in the world, and if they are have problems, then we really have to examine and be concerned about what is really happening to the economy.

Yesterday, it was reported that Wal-Mart stores were cutting back on U.S. orders amid an inventory backlog. It was later denied by David Tovar a spokesperson for Wal-Mart. However, true or false it managed to push the stock of Wal-Mart down over 2% on the day.

That is a fundamental viewpoint. What is interesting technically about Wal-Mart is the fact that it recently broke below a 25 month trend line.Trend lines are enormously important for determining the momentum and trends of stocks, commodities, and any number of items that can be charted. In order to be a valid trend line, it must touch three points along the line to be truly meaningful. The longer the time frame, the more meaningful and powerful the trend line becomes. A two year trend line like Wal-Mart recently broke thru to the downside is significant and should not be ignored.

Continue reading "Is Wal-Mart in trouble?"

Did you avoid the BlackBerry meltdown?

Anyone trading the stock of BlackBerry (NASDAQ:BBRY), formally known as Research In Motion, knows that this stock has had its ups and downs over the years. Just lately, it seems like it has been one challenge after another for this once high riding company.

BlackBerry
One of BlackBerry's big problems was that the company failed to recognize that people who bought smartphones wanted to do more with their phones than Blackberrysimply text, receive emails or make phone calls. In other words, they completely missed the app market. These tiny little apps became giant killers and killed off the likes of Nokia and Motorola. Apps are what propelled both Apple and Android to prominence in the last several years. Unfortunately for BlackBerry, they got into the game too late. With only about 100,000 apps, they have only a fraction of what Apple and Android now offer on their smartphones.

I'm going to show you how using one of our simple Trade Triangles could have helped you make money in BlackBerry and helped you avoid disasters like last Friday in this stock.

Our monthly Trade Triangles pretty much nailed BlackBerry at all of its major turning points, as you can see on the chart. Trading is not just about making winning trades, but also protecting your portfolio during dramatic downturns in a market. Our Trade Triangle technology can help you do both. This has been particularly true in stocks like Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), Tesla (NASDAQ:TSLA), Facebook (NASDAQ:FB) and stocks that have seen similar big up and down moves.

You can check out your favorite stocks here and see just how they worked out.

Please leave a comment or your thoughts on the blog, we would love to hear from you.

Adam Hewison
President, INO.com
Co-Creator, MarketClub

Sweet Music From Pandora Media

Let me begin by saying that I listen to Pandora (NYSE:P) streaming music from both my iPhone and iPad. I have created several music channels to listen to my favorite music which can be pretty eclectic, ranging from the Beatles to Chinese folk music. I use the free version of Pandora, and am constantly amazed at the breadth of their music repertoire.

Did you see my latest video on Pandora?

Last Monday, I featured Pandora (NYSE:P) in my mid-day video report. I warned against letting the market fool you with the three quiet days it was experiencing. I also said that I was still bullish and expected the market to go higher.

Continue reading "Sweet Music From Pandora Media"

Learn How To Trade Netflix In 90 Seconds

netflixAdam Hewison, President of INO.com and Co-creator of MarketClub, shows you how to analyze Netflix in 90 seconds using MarketClub's proprietary Trade Triangle technology.

Watch this informative video right here.

When looking at the stock market, we use the monthly Trade Triangle to identify the major trend (and possible initial entry). We use the weekly Trade Triangles for timing.

MarketClub's Trade Triangle technology helps traders time markets after a steady trend has been established and only exit after the trend has come to a complete halt. Trade Triangles provide a great timing tool and can be used in conjunction with other technical indicators of your choice. MarketClub also gives you access to multiple scans, historical data, email alerts, portfolios and a whole lot more.

If you are a member, consider this video a quick refresher. If you're not a member, join today and learn how MarketClub and our Trade Triangle technology can help you find winners in the stock market.

It only takes 90 seconds to sign-up for your trial!