Today's Video Update: Yahoo Bets A Billion

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 20th of May.

Yahoo Bets A Billion
Marissa Mayer, president and CEO of Yahoo, is making a big bet today on a six year old company that is rapidly running out of money. Yahoo (NASDAQ:YHOO) is committing up to one third of its cash to buying the micro-blogging website, Tumblr, for 1.1 billion. Tumblr has approximately 108 million blogging sites and by all accounts will increase Yahoo's traffic by 20%. The key of course is whether or not Yahoo can make money from their decision to purchase Tumblr, as revenues for this stock last year only totaled $13 million. I think you will agree that spending $1.1 billion to get an income of $13 million does not make a lot of sense. We are going to let the market tell us what it thinks of this acquisition and how well Yahoo can monetize its base. Yahoo's stock has done well this year and we have been bullish on it for sometime. It remains to be seen whether the recent upward trajectory will continue and remain intact with Marissa's big bet. We will be looking at Yahoo today. Continue reading "Today's Video Update: Yahoo Bets A Billion"

Today's Video Update: The Beat Goes On

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 15th of May.

Google Music?
Word on the street is that Google (NASDAQ:GOOG) is set to announce today a new streaming music service, one that will compete against Pandora and Spotify. Once again, it seems as though Google wants to be everything to everybody, and whether Google can compete in the music business and be successful remains to be seen. Should you buy or sell Google? If you haven't watched my Google trading video on how to trade Google successfully, you can watch it here.

The Beat Goes On
Stock prices hit a high yesterday as more and more disenfranchised short sellers are covering their shorts and exiting this market. So far, this market has not yielded to any downside pressure or correction to the surprise of many professional traders. What I do know, is that trends tend to persist longer than expected, and that they don't ring a bell at the top of any market. In a recent blog poll, we asked readers what they thought of the market: Continue reading "Today's Video Update: The Beat Goes On"

Friday Poll: Has the market topped out?

With the market at all-time highs, is it ripe for a correction? What are your thoughts? Will we have a correction or will it keep moving higher?

Please leave a comment with your prediction of where you think the DOW, S&P 500 and NASDAQ will end the year.

Has the market topped out?

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Have a great weekend,
Jeremy

Today's Video Update: Is a Parallel Channel Indicating a Top For This Market?

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

Is a Parallel Channel Indicating a Top For This Market?
One of the biggest enemies of investors is being too complacent. I feel that this malady is very much the case in today's market. I believe investors should be concerned and should be using money management stops on all of their long positions. We have not seen any type of significant pullback since the recent low on April 18th. In today's daily update, we are going to be looking at a parallel channel, which could be marking a new term top for this market. The parallel channel started in mid November of last year and has remarkably contained most of the action for the past six months. I think you'll find this video to be particularly interesting today.

Watch Today's Video Update Here

 

Is Gold Putting In a Bottom? Continue reading "Today's Video Update: Is a Parallel Channel Indicating a Top For This Market?"

Today's Video Update: Stocks Subdued After Record Week

Hello traders everywhere! Jeremy Lutz here, with your mid-day market update for Monday, the 6th of May.

Stocks are little changed after record week
The stock market cleared new milestones Friday after the government reported that employers added more workers. However, that hasn't translated into a strong Monday open as investors turned more cautious, focusing once again on the problems facing the global economy. Though growth in the U.S. is holding up well, it is slowing in China. The 17 country Eurozone remains in recession and unemployment there has been hitting a series of record highs.

Watch Today's Video Update Here

On Investor's Minds:
United States - homegrown terrorists
North Korea - an agent for China?
Europe - ITALY has a government. YEAH!
The FED - OMG do they know what they are doing?
May 19th – Debt ceiling suspension expire

Every Success,
Jeremy Lutz