5 Stocks to Watch

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 30th of October.

Stock To Watch - Deckers Outdoor (NASDAQ:DECK)

Here is a stock that is coming from a massive base and appears to want to move higher. All of the Trade Triangles are positive on Deckers Outdoor Corp (NASDAQ:DECK). On Monday, Deckers moved to its best levels in 18 months and appears to want to challenge some of its Fibonacci retracement levels. The first major level is $73.23, which represents a 50% retracement. The next major level is $83.92, which represents a 61.8% retracement. I expect this stock to stay strong for the balance of the year. As always with any trade, use money management stops to protect capital. Continue reading "5 Stocks to Watch"

Why UPS Could Be A Big Winner This Quarter

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 29th of October.

Apple Update

It was both good news and bad news yesterday for Apple (NASDAQ:AAPL). Apple beat earnings, but it was not enough for some analysts who fretted over the fact that the Apple’s margins had shrunk from previous quarters. I say, you can’t please everyone all the time and maybe analysts were putting too fine a point on this. The trend in Apple is higher technically and I'm still looking for a move to the $580, or possibly the $600 level.

Last month Apple closed out at $476.53, and is up over 10% for the month of October. I still believe Apple is headed higher and that belief is backed up with the Trade Triangle technology. All systems are go for this stock. Continue reading "Why UPS Could Be A Big Winner This Quarter"

All eyes on Apple as Twitter takes to the road

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 28th of October.

After the bell today, Apple (NASDAQ:AAPL) reports its earnings and this could be a real bellwether report for the market. With all of our technical indicators pointing in a positive direction, I believe that earnings will be on par or better than expected. I continue to rely on the Trade Triangle technology to stay in this market. Upside objective for Apple (NASDAQ:AAPL) continues to remain at the $580-$600 level. Continue reading "All eyes on Apple as Twitter takes to the road"

Here is a little known stock that Carl Icahn likes

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 25th of October.

There’s no doubt about it, Carl Icahn has been on a winning streak lately with Netflix (NASDAQ:NFLX) and Apple (NASDAQ:AAPL) making big bucks even by billionaire status. One of Carl’s other stocks is the energy company, Talisman Energy Inc. (NYSE:TLM).

Technically I also like this stock, as all of the Trade Triangles are in a positive mode. Last month Talisman Energy closed at $11.51 and is currently trading around the $12.30 area, up a solid 6.8%. Continue reading "Here is a little known stock that Carl Icahn likes"

Apple's Killer New Strategy And Why Everyone Missed It

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"