Today's Video Update: Stocks Rise Ahead of Earnings

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 8th of July.

Earlier today we posed the question, "Are the odds in your favor for a up market in July?" Well, it certainly seems so, given this mornings trading action, all the indices are on the plus side of the ledger so far for the month.

Today's Profit Taking In The Crude Oil Market Doesn't Change The Trend
Crude oil is seeing a little bit of profit-taking coming into the market after its recent sharp run up. I have an upside target zone of $110 level for crude and I expect the upward trend to continue for a while longer. Look for any pullbacks to present buying opportunities rather than a shorting opportunity. The trend is clearly established to the upside, so trade accordingly. Continue reading "Today's Video Update: Stocks Rise Ahead of Earnings"

Today's Video Update: Have a Safe and Happy Fourth of July

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: Continue reading "Today's Video Update: Have a Safe and Happy Fourth of July"

Today's Video Update: Apple files for the iWatch trademark in Japan

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 Persists
Crude 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. Continue reading "Today's Video Update: Apple files for the iWatch trademark in Japan"

Today's Video Update: Fibonacci Had It Right!

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

Fibonacci Had It Right!
The recent recovery from the lows seen in the DOW at 14,548 retraced exactly to the Fibonacci points that I laid out in Wednesday's video. For the DOW that number was 15,041, the S&P retracement came in at 1,618 and the NASDAQ came in at 3,414. Continue reading "Today's Video Update: Fibonacci Had It Right!"

Today's Video Update: Is The Correction Over?

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 26th of June.

Is The Correction Over For The Market, Or Are We Headed Lower?
A revision in the first quarter GDP from 2.42% to 1.8% did nothing to stop this market moving higher this morning. Once again, this proves that the fundamentals tend to lag the market by a country mile. I will be covering all of the indices in today's update. Continue reading "Today's Video Update: Is The Correction Over?"