One of the big success stories in 2009 was the rise of Apple. With its sexy new products like the iPhone, the iPod, and the iMac, Apple has seen its fortunes rise in dramatic fashion.
So what's happening just before the holidays with Apple? Why are we seeing Apple stutter and falter? In my new video, I share with you what I believe is going to happen to one of my favorite markets.
Yesterday I produced a video on how to trade divergences in the S&P 500. Today, I'm following up that video with a divergence I see developing in one of the biggest tech stocks in the world, Apple (NASDAQ_AAPL).
In this short four minute video, I'll explain some of the possible negative divergences that are building for this market. Divergences do not mean that Apple is going to collapse, as the major trend in the stock remains firmly in the positive camp. However, it could indicate that Apple is at a highpoint for the time being.
As always, our videos are available to view without charge and without registration. All we ask is that you give us your feedback on our blog.
If you enjoy these videos, share them with your friends. I am sure they will find them both helpful and educational.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
Apple has had a stellar few years and has proven to be a company that can be "fruitful" throughout sticky economic times.
Today I'll be taking a look back at the year to date to see how our "Trade Triangle" technology has performed for NASDAQ_AAPL.
I'll give you the "members only view" of our market-proven signals. You'll see where throughout the year we were long, where we were short and where we were sitting on the sidelines.
There is no need to register for this video. Just click and watch to see how you would have done had you been a MarketClub member utilizing the "Trade Triangle" technology.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
I dropped the ball yesterday and forgot to wish all those fathers out there a wonderful Father's Day. So... HAPPY FATHER'S DAY!
Adam is out of town on vacation for a couple of days at his house in Maine, so I'm filling in some gaps until he returns. Below are just some Trade Triangles and Chart Analysis Scores for a large group of markets that we looked at this morning. These aren't recommendations, but for those of you who aren't MarketClub members... consider it a freebie set of signals from MarketClub. If there are any other symbols out there that are putting off good Chart Analysis Scores, or Trade Triangles please comment on this post and share with others.
*Adam just sent me this picture from his summer house... how beautiful*
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FOREX_XAUUSDO - Weekly & Daily Red (Short Position) : -70 score
NYMEX_CL.Q09.E - Weekly Green & Daily Red (Sidelines Position): +55 score
INDEX_DJI - Weekly Green & Daily Red (Sidelines Position): +65 score
CME_INX - Weekly Green & Daily Red (Sidelines Position): +65 score
NASDAQ_AAPL - Monthly & Weekly Green (Long Position): +100 score
NYSE_WWE - Monthly & Weekly Green (Long Position): +55 score
FOREX_XAGUSDO - Weekly & Daily Red (Short Position): -70 score
PACF_GLD = Weekly Green & Daily Red (Sidelines Position): -55 score
PACF_DIG = Weekly & Daily Red (Short Position): -70 score
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These are not suggested positions, but instead just a recap of general markets. Please consult your MarketClub charts and portfolio to determine the current Trade Triangle and Chart Analysis Score status of these markets as market conditions could change quickly.
Have a wonderful Monday,
Lindsay Thompson
Director of New Business Development
INO.com & MarketClub
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