Tag: Big Lots Inc. (NYSE:BIG)

Watch Big Lots, Inc. (NYSE:BIG) Today

Posted on by The INO.com Team

Hello traders and MarketClub members everywhere. Just a quick update today on Big Lots, Inc. (NYSE:BIG). Should this stock close at or near its high for the day on Friday, you might want to go home long this stock based on our weekend rule.

BIG LOTS (NYSE : BIG)

If you are not familiar with "The 52-Week New Highs on Friday" rules, here they are again.

Rule #1: When a stock hits a new 52-week high on a Friday and closes at or close to its high for the day, go home long that stock for the weekend.

Rule #2: Exit this long position on the opening the following Tuesday.

Rule #3: If the stock opens sharply lower on Monday, exit this position immediately.

"The 52-Week New Highs on Friday" rules work extremely well in futures and in Forex.

Be sure to leave your comments below this post and have a great weekend.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

A Negative Sign For Alibaba Group Holding Limited (NYSE:BABA)

Posted on by The INO.com Team

Hello traders and MarketClub members everywhere! It has been quite a week. In today's video, I am going to look at Alibaba Group Holding Limited (NYSE:BABA) and share with you what I think could be going on in this hot stock.

Also on my radar today, Starbucks Corp. (NASDAQ:SBUX), Cisco Systems Inc. (NASDAQ:CSCO), and Big Lots Inc. (NYSE:BIG). All three of these stocks gave major signals yesterday and I will be discussing their potential moves in the near-term.

I will be reviewing crude oil (NYMEX:CL.Z14.E) and gold (FOREX:XAUUSDO) to see if there's any changes in their overall direction. Lastly, I will be looking at something that's quite unusual in all three major indices that could be a clue to the next short-term move.

As always, we invite your comments and feedback below this post. Please feel free to provide us future video topic suggestions.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub