Tag: MarketClub Techniques

Amazon beefs Up For Q4, Are You Buying?

Posted on by The INO.com Team

Amazon(NASDAQ:AMZN), the world's largest online retailer just announced that is hiring 70,000 new employees for Q4 and I see this as a big positive for this stock. I have been positive on Amazon for some time now, but I see this fourth-quarter as being a potential (knock it out of the park) quarter for this company.

I recently purchased some bicycle parts from Amazon, and as usual Amazon delivered, as promised, on time, and the parts were perfect. I'm not sure how it is with your friends and family, but it seems that all of my family and friends order from Amazon.

Millions of people purchase from Amazon(NASDAQ:AMZN) over the course of the year, and that trend isn't likely to slow down anytime soon unless there is a major Black Swan catastrophe. Why do so many of us love doing business with Amazon? My belief is because Amazon, like Apple makes it so easy to enjoy their products and services.

Okay, now let's take a look at the chart and the technical picture for Amazon(NASDAQ:AMZN). The most important technical element is that all of the Trade Triangles are in a positive mode, indicating higher prices to come.

Now let's take a look at what has happened in the recent past. There is an old Hungarian proverb, "The past is the teacher of the future". Looking back, you can see that Amazon made an important cyclic low back in the Nov/ Dec period last year. From that cyclic low of $219, the market rallied to reach a high of $284, which represents a $65 swing from low to high (see first orange arrow on the chart). Continue reading "Amazon beefs Up For Q4, Are You Buying?" →

Chart to Watch - AMRN

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the Amarin Corporation (NASDAQ:AMRN).

I hope you are having a GREAT week !

This week let's take a look at the stock chart of AMRN.

This is a lower priced stock that looks to have great upside potential. Continue reading "Chart to Watch - AMRN" →

Is it time to start looking at gold?

Posted on by The INO.com Team

Gold (FOREX:XAUUSDO) has been so much out of favor over the last couple of years that it seems like no one is really looking or talking about this market anymore.

I was looking through a bunch of charts last night and I found some interesting technical aspects to gold that I would like to share with you today. Looking at the chart below, we can easily see the Fibonacci correction in gold. The gold market retraced back to an area of natural Fibonacci support, which is between the $1,170 and $1,308 levels. This represents major 61.8% and 50% Fibonacci retracements on the chart.

The gold market also found support in a long-term trend line, which started in 2005. This is extremely important in my view as the trend line is in an upward trajectory. We would need to see gold move into some sort of consolidation pattern before we would see a reversal to the upside in this market.

At the moment, all of our Trade Triangles are negative and I do not recommend going against these indicators. As you can see by the trading results, just by following the Weekly Trade Triangles, you do so at your own peril.

One of the hardest things for most investors and traders to do is to buy something that's been going down for a long time, investors are just not mentally prepared to do that. The purpose of today's posting is to mentally prepare you to start thinking about gold and putting gold on your radar screen for a future move. When it begins, I believe we could see a significant upside rally in this metal.

So let's wrap up with the positives and negatives for gold. Starting with the potential positives, the Fibonacci numbers and the long-term trend line from 2005 all support the long-term upward trend in gold. On the negative side, all of our Trade Triangles are red, indicating that the trend is still down.

Ideally what I would like to see in gold is a combination of the market moving out of its support area and our long and intermediate term Trade Triangles turning green and positive.

Have a great trading day.
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Did you avoid the BlackBerry meltdown?

Posted on by The INO.com Team

Anyone trading the stock of BlackBerry (NASDAQ:BBRY), formally known as Research In Motion, knows that this stock has had its ups and downs over the years. Just lately, it seems like it has been one challenge after another for this once high riding company.

BlackBerry
One of BlackBerry's big problems was that the company failed to recognize that people who bought smartphones wanted to do more with their phones than Blackberrysimply text, receive emails or make phone calls. In other words, they completely missed the app market. These tiny little apps became giant killers and killed off the likes of Nokia and Motorola. Apps are what propelled both Apple and Android to prominence in the last several years. Unfortunately for BlackBerry, they got into the game too late. With only about 100,000 apps, they have only a fraction of what Apple and Android now offer on their smartphones.

I'm going to show you how using one of our simple Trade Triangles could have helped you make money in BlackBerry and helped you avoid disasters like last Friday in this stock.

Our monthly Trade Triangles pretty much nailed BlackBerry at all of its major turning points, as you can see on the chart. Trading is not just about making winning trades, but also protecting your portfolio during dramatic downturns in a market. Our Trade Triangle technology can help you do both. This has been particularly true in stocks like Apple (NASDAQ:AAPL), Netflix (NASDAQ:NFLX), Tesla (NASDAQ:TSLA), Facebook (NASDAQ:FB) and stocks that have seen similar big up and down moves.

You can check out your favorite stocks here and see just how they worked out.

Please leave a comment or your thoughts on the blog, we would love to hear from you.

Adam Hewison
President, INO.com
Co-Creator, MarketClub

Chart to Watch - ARMH

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the Arm Holdings (NASDAQ:ARMH).

I hope you are having a GREAT week !

This week we'll take a look at the stock chart of ARMH.

With stocks we use the monthly MarketClub Trade Triangles to tell the trend and the weekly MarketClub Trade Triangles to time the trade entry points and stops. Continue reading "Chart to Watch - ARMH" →