If you own or if you're thinking of buying any of these stocks, you need to watch today's video. In this short video, I go through each stock in detail and describe the key levels that will be game changers for each of theses markets.
As always, we welcome your feedback. If you have questions about any of these stocks or any other market, please feel free to add a comment below.
Every success with MarketClub, Adam Hewison
Hello traders everywhere, Adam Hewison here, I hope you all had a great weekend and are ready to start another exciting week of trading. As we start this week, we want to first look at Apple (NASDAQ:AAPL). You may or may not be aware that Apple officially split it shares over the weekend with a 7:1 stock split. That means for every share of Apple, you now own seven new shares at a lower price. It seems like Apple is angling for a spot in the DOW. This morning we adjusted our chart scale to reflect the 7:1 split for Apple and show the new share value. We will take a closer look at Apple and see if it is worth buying at its new levels.
It is no secret that many tech/Internet stocks have been beaten up over the last several months and that action has pushed the NASDAQ index into a bear market phase. However, not all tech companies are in downtrends. I have three tech stocks that are in decidedly bullish trends and I will be discussing them today.
The first stock I will be looking at is Apple (NASDAQ:AAPL). It would seem that Apple had lost its way since Steve Jobs' passing, but yesterday’s closing over $600 puts a little bit more mojo into the stock of Apple. Now remember, this stock is going to split and there's all kinds of things going on with it. The important element for me is the general trend, which according to the Trade Triangles is positive.
Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Friday, the 9th of May.
A few weeks ago, I introduced MarketClub's new Internet portfolio. This portfolio consists of five major stocks that are heavily involved with the Internet. Today I thought I would revisit this portfolio and share with you the current positions and money management stops.
Last year this portfolio produced a positive 65% return on invested capital. No one has a crystal ball that can say exactly what is going to happen to the markets in 2014. However, I do feel that the odds of these five Internet stocks moving either to the upside or the downside is very high.
As traders, we need to have movement in order to make money. We cannot make money in stocks that are stagnant and moving sideways. That's why it's important to have diversification in any portfolio.
Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Monday, the 7th of April.
Last week we saw the tech stocks shave 4% off the value of the NASDAQ index in just 3 days and we are seeing further follow-through selling today. Technically the markets have been in strong bull trends for the last 5 years. Historically, very few bull markets have exceeded that length of time. This bull market may or may not be the exception.