By: Scott Andrews of Master The Gap
Trading is full of counter-intuitive ironies. Some of my favorites include:
"the best time to buy is when everyone else is selling"
"you can not make money, without risking money"
"to make more, you need to trade less"
"you CAN go broke taking profits (too early)"
And here's a lesser known one: Continue reading "Got Oil? Two Compelling Reasons To Consider It"
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 23rd of August.
The big news today of course is the announcement from Microsoft (NASDAQ:MSFT) CEO, Steve Ballmer, that he's going to retire within the next 12 months. The news was enough to send the stock of Microsoft up over 7%, which is good news for shareholders.
In my opinion, one of the major reasons why the stock of Microsoft (NASDAQ:MSFT) has been unable to get going over the last decade is its failure to execute on any of the new technologies. Whether its online, mobile, phones, tablets or Windows 8, all of these efforts proved to be disappointments to investors and the market in general. Continue reading "Today's Video Update: Steve Ballmer calls it quits"
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 22nd of August.
What is it with these hedge fund managers who think that because they have been successful in one field, they can now go into managing big retail brick-and-mortar stores?
In my opinion, part of it has to do with ego and part of it has to do with what I call "walk-on-water-itis." This ego symptom is when you believe that you can't do anything wrong and that you're gifted with special talents. That is what I think happened to both Bill Ackman, who took JC Penney (NYSE:JCP) down the toilet, and Eddie Lampert, who is doing a pretty good job of the same thing to Sears (NASDAQ:SHLD). Continue reading "Today's Video Update: Tears for Sears after disappointing earnings"
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 21st of August.
The Dow (INDEX:DJI) has fallen back 61.8%, a key Fibonacci retracement level, and is now in an area where it should stabilize and start to move up once again. Everybody is waiting for the Fed minutes this afternoon, but I don't think there will be any change in the Fed policy for the time being.
With yesterday's news of Netflix (NASDAQ:NFLX) acquiring the exclusive broadcast rights to Weinstein films, Netflix stock shot up dramatically. I have been bullish on Netflix for some time and I continue to think this market is headed for an all time high around $300. Would I buy Netflix around current levels? Yes, with tight money-management stops. Continue reading "Today's Video Update: Time to buy the Dow and Netflix?"
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 16th of August.
The meltdown last week, the worst in 14 month for the markets, was not a good one for most investors, but it was not unexpected based on our Trade Triangle technology. This week, it's a whole new picture for the markets as we have earnings coming out on some big box retailers, JC Penney (NYSE:JCP) on Tuesday and Sears (NASDAQ:SHLD) on Thursday. Continue reading "Today's Video Update: J.C. Penney & Sears report earnings this week...guess which one I'm interested in?"
You are now leaving a Magnifi Communities’ website and are going to a website that is not operated by Magnifi Communities. This website is operated by Magnifi LLC, an SEC registered investment adviser affiliated with Magnifi Communities.
Magnifi Communities does not endorse this website, its sponsor, or any of the policies, activities, products, or services offered on the site. We are not responsible for the content or availability of linked site.
