Tag: MarketClub Techinques Tips and Talk

5 Stocks That Avoided Yesterday's Implosion And Made 52-Week Highs

Posted on by The INO.com Team

One thing I like to do on Friday is look at markets that are strong going into the weekend. After yesterday's implosion in the marketplace, I thought that was going to be a hard thing to do. Thanks to MarketClub's Smart Scan technology, I was able to find five socks that bucked yesterday's downturn and are looking very good.

Now you may remember the rules I have talked about for "The 52-Week New Highs on Friday" weekend trade, but just in case you don't know what they are, here they are again.

Rule #1: On a new 52-week high, when the market closes at or near its high on a Friday, buy long and go home for the weekend.

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

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

These are the only three rules you need to trade "The 52-Week New Highs on Friday" successfully.

I invite you to watch the video and look at the five stocks I found using Smart Scan. Then 10 to 15 minutes before the market closes today you can see which stocks are closing at or near their highs for the day.

Have a great weekend everyone,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

This Could Get Very Ugly

Posted on by The INO.com Team

All this week I been talking about how the indices were having problems. It started off with the Russell 2000 index creating a "death cross." A "death cross" occurs when the 50-day moving average crosses below the 200-day moving average.

I also discussed on Monday that negative divergences were forming on many of these indices. That means prices are going higher, but are not being followed by momentum. This can be an early warning sign that a correction is coming.

So today's action comes as no surprise, as I was looking for this market to be on the defensive. The question is, how far can these markets fall?

To answer that question, we can use our Fibonacci tool to help us measure some of the key areas that will lend support to the indices. Judging by today’s market action and the fact that tomorrow is Friday, you may want to fasten your seat-belts. As a trader once told me, "they slide faster than they glide."

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

It Was The Best Of Times, It Was The Worst Of Times

Posted on by The INO.com Team

"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness..."
Charles Dickens, A Tale of Two Cities

Charles Dickens' well-known quote perfectly explains what's going on in the markets today. On one hand you have the bull encampment saying we're going to go higher and on the other hand you have the bears arguing that stocks are over-valued.

So which is it?

It is times like these that can drive investors crazy and frequently drives investors out of the market completely. I prefer to think of myself as a hybrid that is neither a bull nor bear, but someone who relies on the market to give them the answer to the trend. Continue reading "It Was The Best Of Times, It Was The Worst Of Times" →

A Peek Inside 3 Billionaires' Portfolios

Posted on by The INO.com Team

Today, I'm going to look at three of the biggest portfolio managers in the world and what they're holding in their portfolios. Each of these three billionaire investors have over half of their portfolios in just three stocks.

Warren Buffett

Everyone it seems has heard of Warren Buffett, the legendary investor from Omaha. I'll be looking at Mr. Buffett's Berkshire Hathaway holdings and his top three stocks and comparing them with the Trade Triangle signals.

Here are Mr. Buffett's (Berkshire Hathaway) top three holdings as of today: Continue reading "A Peek Inside 3 Billionaires' Portfolios" →

Apple, Nudes, iCloud, iPhone 6, iWatch and much more

Posted on by The INO.com Team

It has been quite a week for Apple Inc. (NASDAQ:AAPL) with the news that its iCloud storage system had been hacked, and stolen photographs of nude celebrities starting popping up everywhere on the web.

Apple did issue a statement saying that certain celebrity iCloud accounts were compromised, but notes, "None of the cases we have investigated has resulted from any breach in any of Apple systems including iCloud's find my phone feature. We are continuing to work with law enforcement to help identify the criminals involved."

What that indicates to me is the fact that the hackers were looking for specific names and photographs that they could use as currency. I heard today that some photographs from the paparazzi can sell upwards of $50,000 or $100,000 so they are valuable to certain entities and enterprises.

It All Happens Next Week

Continue reading "Apple, Nudes, iCloud, iPhone 6, iWatch and much more" →