Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 31st of July.What a month, with the DOW (INDEX:DJI) rallying to its highest level ever on the last day of the month. The NASDAQ (NASDAQ:COMP), not wanting to be left out of the parade, moved to its highest level in 13 years. The S&P (CME:SP500) also put in a solid monthly return of 5.50% for investors. Happy days are here again, as most investors were all smiles and happy to see that their portfolios and retirement account were looking a little bit better than last month.Even the long suffering gold bulls had something to smile about as the longer-term bear market in gold managed to shake off some of its bearishness and rally. Gold closed out the month of July with a solid gain of 7.4%. Crude oil, which is in a bull market, followed right along producing gains of 7.50%.The party continued for stocks with many making positive gains in July. Even battered and beaten down Apple (NASDAQ:AAPL), which has been under pressure lately, managed to rally over 13.5% for the month. In fact, a close today in Apple over 450.37 will be the highest monthly close we've seen in this stock in over six months.In the currency wars, the US dollar lost out again to the Euro, moving down 1.8% and closing at its lowest monthly close since January.With July almost behind us, I look forward to seeing what August has in store for the market. Traditionally, August is a quiet month, as folks take off and enjoy the last days of summer before serious business resumes after Labor Day. This August could be the exception to the rule, as this market has been the exception to the rule all year long.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 24th of July.Yesterday, Apple (NASDAQ:AAPL) surprised analysts with better-than-expected iPhone sales, and indicated that it expects a "busy fall" with new products.Apple CEO, Tim Cook, said in a statement, "We are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014."In after-hours trading, the market voted with a dramatic 5% rally in Apple (NASDAQ:AAPL). If you haven't already watched my special report first published on 07/13/13 on Apple, watch it here.Has Gold Run Out Of Gas?I will be taking a closer look at Gold (FOREX:XAUUSDO) to see whether the Gold market has run into an important resistance level of $1,340. This could be where gold turns back down and we could see a correction back down to the $1,300 level. I will have in-depth coverage of gold in today's video report.Dollar Weaker, Euro StrongerWith all of our Trade Triangles in a positive mode, I expect to see this market trend higher in favor of the Euro. The next level of resistance I see for this cross is the upcoming level of 1.3400. I would not be opposed to taking some chips off the table just before the 1.3400 level is hit.
I am taking a little time off up at my summer home in Maine, mainly to escape the heat and humidity of Maryland. My home is about 10 miles from Brunswick, home to Bowdoin College, a nationally renowned liberal arts school. I say that for a reason, because one of Bowdoin's most famous alumni is a gentleman named Reed Hastings. Now Reed Hastings is not exactly a household name, but certainly the company he founded in 1998 is … the name of that company is Netflix.I just finished watching an interview with Reed Hastings and wow, is he ever focused on delivering a first-class customer experience. Before I go any further and for full disclosure I do subscribe to both Netflix's streaming and DVD service.As Netflix (NASDAQ:NFLX) just announced their earnings yesterday after the bell, I thought maybe it's time to update my outlook on this stock again. I have been talking about this stock's upside potential for months and I am not alone as Carl Ichan also likes Netflix and is one of its biggest investors. Yesterday's dramatic drop after Netflix announced its earnings was perhaps a little bit of a knee-jerk reaction. In today's video, I will be looking at both long-term and intermediate-term trends using MarketClub's tried and trusted Trade Triangle technology.The old adage of "follow the money" applies to all stocks and is the right one to use, in my opinion. So without further ado, let's delve into the world of Netflix (NASDAQ:NFLX) and see where it has come from and where it's going.I think you'll enjoy this short educational video as I walk you through every trade signal we have had in Netflix for 2013. You will also gain a great understanding on how to incorporate our easy-to-use Trade Triangle technology into your own portfolio.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 22nd of July.Has Barbie reached the age of retirement yet? Today we received a major cell signal in Mattel (NASDAQ:MAT), the makers of the Barbie doll. I will be analyzing this stock today and sharing with you just how low I think this stock can go. In addition to Mattel, I will also be analyzing the share price of Teva Pharmaceuticals (NYSE:TEVA) and Hess (NYSE:HES).For the past 12 months, the trend in gold has been to the downside. Today's question is, has gold's downtrend come to an end? There is evidence to suggest that it has, and I am basing this premise on the Fibonacci correction of 61.8% from the September 2011 highs around 1,900 and the lows seen in November 2008 that called for a correction in gold back to the 1,160 -1,170 area. The lowest level we have traded this year was 1,183, before reversing to the upside. It is not a perfect correction, but it is pretty close, given the almost five year time frame. Another important element to look at is on the weekly charts and for the first time in over a year we now have our parabolic indicators below the price action. I feel that's a significant step and one that should be noted. What I will be looking for now is should the MACD turn positive, it will be another sign that the reversal in gold is getting stronger.While it is still too early to get enthusiastically bullish on gold, our intermediate-term weekly Trade Triangle turned positive on the 21st at 1296.67, basis the spot market. This could be our first clue that gold is making a turn back to the upside. The gold market is beginning to show signs of life that maybe the worst is over for this once glittering icon of wealth.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 15th of July.Every July, it gets very hot and humid here in Maryland and the markets seem to be following suit. The energy markets and the equity markets are hot right now and all in strong upward trends.One thing to note today is that Apple (NASDAQ:AAPL) is now officially moving sideways according to the new weekly Trade Triangle. This is in contrast to the strong downward trend we have seen in this stock from the $700 level. What does this mean? Well, it could mean that we are in the early stages of a double bottom base being put in place in this once-high-flying stock that institutional investors love. If that is true and we see a new piece of technology coming out of Apple (like a smart watch?), Apple could easily rally back to the $550 level. The key level to watch here is the $466 level. If that level is taken out, then it could be off to the races for Apple.
When Jeff Bezos was searching for a name for his new internet start-up back in 1994, he wanted something that was impressive and sounded big. You see, Jeff wanted to sell books at a discount on the Internet and size to Jeff was important. He believed that his small start-up in time, could effectively become a category killer for the likes of Barnes and Noble and Borders.The name Jeff eventually decided on for his new start-up was Amazon (NASDAQ:AMZN), and like the mighty Amazon itself, whose mouth is growing an average of two meters every year, Jeff wanted volume. So what better name to choose since by volume, the Amazon River is the world’s largest river.From books to everything else, Amazon (NASDAQ:AMZN) has become a juggernaut in the marketplace and now dominates sales on the internet. Jeff had all the stars aligned with his new company, the right name, the right concept and the right timing back in 1995 when Amazon opened its website for business.Now CEO Jeff Bezos was not looking for quick profits or to flip his company, rather Amazon's goal was to grow free cash flow, basically cash from operations less all other charges. That is the key distinction for Amazon and one that separates it from other Internet and earnings-driven companies. As one Wall Street-er said, "Earnings are an opinion; cash is a fact."Kudos to you Jeff, and thank you for providing a great stock to trade with our Trade Triangles.Today, we will be analyzing the stock of Amazon (NASDAQ:AMZN) in detail.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 12th of July.With record high closes in the DOW and the S&P 500 yesterday, this is not the time to be short the main indices going into this weekend. I will be using our 52-week high strategy to catch a quick move and you can see the rules on how to play in today's video.The DOW triggered a Green Weekly Trade Triangle on 7/10/13 at 15,340.09 signaling a resumption of the uptrend.The S&P 500 triggered a Green Weekly Trade Triangle on 7/10/13 at 1,654.19 signaling a resumption of the uptrend.The NASDAQ triggered a Green Weekly Trade Triangle on 7/8/13 at 3,488.31 signaling a resumption of the uptrend.On Monday, our weekly (intermediate trend) Trade Triangle kicked in and gave a resumption of trend buy signal for the NASDAQ index. The signal came in at 3,488.31 confirming that both the intermediate and longer-term trends are now in unison, signaling a move to the upside.Crude Oil Going HigherWith a target zone of $110 per barrel for crude, I see no reason to abandon long positions and want to hold firm for longer term traders. This market could be a classic weekend play. Watch today's video and I'll explain why.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 9th of July.NASDAQ Flashes A Buy SignalOn Monday, our weekly (intermediate trend) Trade Triangle kicked in and gave a buy signal for the NASDAQ index. The signal came in at 3,488.31, confirming that both the intermediate and longer-term trends are now in unison signaling a move to the upside. The NASDAQ could be a precursor of trends to come on both the DOW and the S&P 500, only time will tell.Crude Oil Takes A BreatherDo not be fooled by this momentary pause in the price of crude oil, with the trend clearly established to the upside, I am looking for new highs in this market. With a target zone of $110 per barrel for crude, I see no reason to abandon long positions and want to hold firm for longer term traders. A close in the August contract over $103.50 this week will represent a new high close and a continuation of the uptrend.Two Clear Cut TrendsOf the six markets we track every day, only two have strong defined trends at the moment. They are the NASDAQ index and crude oil and I would trade them both in the direction of the major trend.On The Radar TodayShares of FedEx (NYSE:FDX) jumped dramatically today, moving to their best levels since March 19th of this year. The move triggered both our weekly and monthly Trade Triangles giving a strong buy signal for this stock. Today I will be looking at FedEx and showing you where I think this stock is headed next.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 3rd of July.As we go into the long July 4th holiday weekend, we thought it would be interesting just to look at some of the trends that are persisting in the markets right now.So let's get started.LOOKING AT TRENDS IN THE:DOW MAJOR TREND - PositiveINTERMEDIATE _ NegativeRESISTANCE - 15,080SUPPORT - 14,600S&P500 MAJOR TREND - PositiveINTERMEDIATE _ NegativeRESISTANCE - 1630SUPPORT - 1560NASDAQ MAJOR TREND - PositiveINTERMEDIATE _ NegativeRESISTANCE - 3450SUPPORT - 3300GOLD MAJOR TREND - NegativeINTERMEDIATE _ NegativeSHORT-TERM - PositiveRESISTANCE - 1280SUPPORT - 1180CRUDE MAJOR TREND - PositiveINTERMEDIATE _ PositiveSHORT-TERM - PositiveRESISTANCE - 105.00SUPPORT - 98.00EUROUSD MAJOR TREND - PositiveINTERMEDIATE _ NegativeSHORT-TERM - NegativeRESISTANCE - 1.3100SUPPORT - 1.2900Have a great trading day and 4th of July. I will have a report for you on Monday - See you then.
Rumors and trademark filings from Taiwan to Turkey are fueling the Apple rally. It's no secret that the next big thing from Apple (NASDAQ:AAPL) is going to be an iWatch.Is the iWatch going to be a game changer for Apple? Apple is one of the few technology companies in the world that has both the design and execution skills to bring a first-class smart watch to the market.With Sir Jonathan (Jony) Ive heading up Apple's design team, the odds for a successful product being born out of Apple are good. Jony Ive is the same brilliant industrial designer who created many of Apple's biggest successes. Tim Cook, Apple's CEO, is coordinating and orchestrating supply chain logistics and marketing, and we're likely to see a first-class product coming out of Apple sooner, rather than later.One thing Apple does perhaps better than any other company is to brand and develop a cult-like following. This was particularly evident when Steve Jobs, Apple's founder, was still with us. Many iPhone and iPad users will be quick to adopt whatever Apple is offering and with its huge installed base of users and cultists, it is going to be hard to see how this product could fail.In today's video, I will be going over Apple in detail and following up on the video I posted yesterday on Apple. Today's video, which lasts about five minutes, explains what to look for and how to react to the latest news and technical action in Apple's stock.Could Apple be a star performer in the second half of the year?
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 1st of July.Apple Files For a iWatch Trademark in Japan!Shares of Apple jumped almost 4% on news that it had filed for a trademark in Japan. This is the best upside performance for Apple in over a week. Apple inturn is helping the NASDAQ gain for the day as well as helping the other indices.The Strong Trend For Crude Oil PersistsCrude oil moved to its best levels in eight days and it appears poised to challenge the $99 a barrel level. Should this market move over that resistance point I can easily see this market quickly move to the $100 a barrel level.I Still Like The Euro Over The U.S. Dollar.Our monthly and weekly Trade Triangles are green indicating that higher prices for the Euro are just around the corner. Once the daily Trade Triangle goes green the Trade Triangles will be in a bullish position with a score of +100. The key level to watch is the 131 level. This level will provide support for new long positions.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 21st of June.Not A Good Week For The BullsNot a good week for market Bulls, but there were warning signs all around. Take a look at my early warning system video, it's free and hinted that all is not well with this market. In today's video update, I will be using our Fibonacci tool to measure how far the indices are likely to fall.Sell In May And Go AwayThere is a old adage on Wall Street that says, "sell in May and go away." Has that ever been the truth in 2013?! I created a video about this phenomenon in May of this year, and I thought you might enjoy if you missed it earlier.Gold Crashed Yesterday, And Here's WhyYesterday's crash and massive liquidation in the gold market came as no surprise to me as I was predicting this market would be falling much more. If you missed my video, take the time today or over the weekend to watch it. I think you'll find it interesting to see how I look at markets using certain technical tools and our Trade Triangle technology.
Hello traders everywhere, today's educational trading video is a special one!How would you like to have a fast, easy way to find top trending stocks, ETFs, futures and currency markets everyday? I'm going to share this little secret with you in this short, four minute video. I titled the video, "Three Easy Ways to Put the Trading Odds on Your Side" and after you have watched the video you will see why I came up with the title. I bet you'll also be shocked at this approach and its simplicity.Enjoy the video, and every success in your own trading.
Hello MarketClub members everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your video update for Wednesday, the 19th of June.To Taper Or Not To Taper? That's My Question For Ben BernankeThat is the question on everyone's mind today as the Fed kicks off its meeting at 2 PM, eastern time. Everyone is probably also wondering if Ben Bernanke is going to run for another term. I doubt that Ben Bernanke will want to run for another term, because whoever inherits the current Bernanke mess, created by QE1, QE2 and QEInfinity, is going to have to unwind this trade and that is going to be one colossal mess for everyone. The modus operandi in the USA seems to be that we jump into everything from wars to QEs without figuring out an exit plan. What the market wants to see now, is how the Fed is going to extricate itself from its current bond buying gluttony. Now, that's going to lend itself to some real market opportunities in the future.Stocks Are Going Higher TodayA recent study by a brokerage company indicated that stocks tend to move higher on Fed days. It concluded that the market tends to move about half percent or more. That statistic and the current technical formation would indicate that the odds are positive that we will see the indices moving higher today.Forget Yellow Gold, It's Black Gold I LikeThe major trend is clearly on the down side for the yellow gold market. Black gold (crude oil), is what I would favor right now. I would trade both markets according to their major trends.The Gift That Keeps On GivingWith Pres. Obama in Germany today making a major announcement on nuclear arms reduction, it's interesting to see that the Euro/USD cross continues to favor of the Euro. Again, if you look at the fundamentals in the US, you would see that they're not exactly robust. Are all the fundamentals in Europe better? I would have to say no. What is driving this particular cross is the technical setup of this market.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 17th of June.Are High Gas Prices Going To Squash The Economic Recovery?Last week, all of our Trade Triangles jumped into a positive position, indicating that crude oil prices are headed higher once again. Some of that can be attribute to the events in the Middle East, mainly in Syria. The move higher also has to do with the technical makeup of the market. This market has been moving sideways for a while and seems poised to want to break over the $100 barrel level in the not-too-distant future. This increase in gasoline prices would come at a terrible time for most Americans, as summer driving tends to drive up demand for gas. I will be covering crude oil in today's video.What Goes Up, Must Come Down... Right?The battle continues between the Bulls and the Bears as the markets continue to vacillate both on the upside and downside. Certainly, my call to be on the sidelines for intermediate-term traders has proven to be a wise one. I continue to think that the longer-term trend for the equity markets remains in a positive mode, but it's more of a sideways pattern that we are seeing in the major indices right now.Gold - The New Melting Ice CubeGold prices continue to melt, as demand for this once precious metal just does not seem to be in the cards at the moment. With all of MarketClub's Trade Triangles in a negative mode, I continue to view this market in the confines of a major down trend.Two Early Buy Signals And Two Early Sell SignalsEarly in today's trading session, our Trade Triangle technology showed two buy signals and two sell signals. In today's video, I will be covering these four stocks and what they could mean to you in the future. I hope you enjoy this part of our daily update.
Gannett (NYSE:GCI), the publisher of USA TODAY and other media outlets, announced that it has agreed to buy the Belo Corp. (NYSE:BLC) for about $1.5 billion. Stock of Gannett jumped the most it has in four years, as this dramatically changes the landscape in the media business.Today's acquisition makes Gannett the fourth-largest owner of major network affiliates in the country. Gannett has now effectively doubled their number of stations from 23 to 43. Make no mistake about it, this is a game changer for Gannett.In today's four minute video, I will be analyzing the stock of Gannett (NYSE:GCI) and projecting how high this stock could go. I think you'll find my approach refreshing and informative.Enjoy the video, and every success in your own trading.
In today's short educational trading video, I'm going to share with you several technical setups I see in the gold market. Plus, I want to share with you a very simple and successful way to trade this market.No matter what you think of gold, bull or bear, you will find this video interesting and informative and some might even say, disruptive. I will be analyzing both the macro and micro picture for gold and explain where I see it headed in the next three to six months.Take a few minutes of your time to learn about two techniques that could really change the way you look at any market.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 7th of June.Is The 2013 Bull Market In Stocks Over?2013 will go down in the history books as the fastest start of the any year since 1998. Having said that, there are some challenges in the market right now as we have recently seen the market tumble 3.6%. We also discussed the slowdown in Wal-Mart (NYSE:WMT) and Target (NYSE:TGT) stores, as both companies missed their forecasted earnings. All signs that the economy is slowing down. Currently, the economy hasn't picked up to the point where the Fed can abandon its monthly $85 billion purchase program. That could also lend to some stability in the marketplace. In today's video, I am going to examine how we see the market and how today's close could determine the trend for the coming week.
It's true they don't ring bells at the top of any market, but what if you had an early warning system in your back pocket that you know works? How valuable would this be to you and your portfolio?In today's short video, I'm going to share with you a tool that acts as an early warning system no matter where you are in the world. The recent sharp drop in the major indices was predictable, and we could be seeing the beginnings of a major top and a move to the downside in the major indices.It is unrealistic to think that you are going to sell at the top of any market and buy at the very bottom. That just doesn't happen, even for the most professional traders. During my career, it only happened to me once and I put that down to sheer luck. Professional traders like to be making money all the time and in many ways, professional traders are somewhat like professional golfers. Most professional golfers shoot for the fat part of the green, that is the percentage shot and always keeps them in the money circle. Professional traders usually wait for a market to make a turn and then try to take as much as they can out of the fat part of the move.Here is your opportunity to learn how to make the most out of the FAT part of the move using this early warning system. It has been successfully used in in stocks, futures, precious metals and the foreign Exchange (FOREX) markets.The video runs just under 4 minutes and could quite possibly change your entire outlook on the markets.Enjoy the video, and every success in your trading.
In today's short educational trading video, I'm going to share with you an interesting set-up I see in SodaStream (NASDAQ:SODA).Here is some fundamental background on SodaStream, courtesy of Wikipedia.SodaStream is the maker of a consumer home carbonation product based on the principles of making a carbonated drink as originally invented by Guy Gilbey in 1903. The device allows users to take ordinary tap water and carbonate it to create soda water (or carbonated water) to drink. With the addition of one of over 100 different types of concentrated syrups and flavorings produced by Sodastream, owners can create carbonated beverages. After the company merged with Soda-Club in 1998, it was relaunched with an emphasis on healthier drinks. It went public on the Nasdaq stock exchange in November 2010. Sodastream is currently headquartered in Israel, and has 13 production plants.Judging by the feedback in a private sneak preview of today's video, you won't want to miss this viewing. The video runs about 7 minutes.Enjoy the video, and every success in your own trading.