Tag: MarketClub Techniques

Is This Stock Ready To Pop?

Posted on by The INO.com Team

I was looking over the charts this past weekend and noticed one stock that I wanted to bring to your attention. There are two reasons why I think this stock is worth a look.

1. There was a new monthly Trade Triangle signal on June 27th at $48.04.

2. I like the formation. This chart has a "W" formation, which normally occurs at the bottom of a move and signals a reversal. In this case, it would look as though once we close over $48 a share, we could see a quick pop up to $50.

The stock I am referring to is Coca-Cola Enterprises Inc. (NYSE:CCE), traded on the New York stock exchange. This is a large company and has been around for a long time. While not usually considered a hot stock, the formation is undeniable. As with any position, you should always be using money management stops.

Another part of this formation I like is the classic Fibonacci retracement of 60%, that was again tested on June 13th and it held. Continue reading "Is This Stock Ready To Pop?" →

Are You Prepared For Q3?

Posted on by The INO.com Team

It's hard to believe, but here we are coming to the end of the trading week and also the end of the second quarter. We only have a few more trading days before Q2 is done and dusted.

Earlier this week I wrote about Tesla Motors (NASDAQ:TSLA) and First Solar (NASDAQ:FSLR).

I still believe that both of these stocks will move higher, as the Trade Triangles are all in place. If you missed these posts, you can read about Tesla here and First Solar here. Both of these stocks are higher for the week while the general stock market is flat. I view this as a psychologically positive sign for these stocks.

Last week I also posted a special report on gold. I still believe gold is going to remain in a positive upward trend until about the middle of August. That is when this market next cycle should top out. As always, money management stops should be in place on all positions. Continue reading "Are You Prepared For Q3?" →

Another Way to Play the Upcoming Energy Crisis

Posted on by The INO.com Team

Yesterday I talked about Tesla (NASDAQ:TSLA) and how this company could skyrocket based on the potential high prices at the pump and the potential lack of availability of petroleum products.

Today I am going to be taking a similar view, but with a different company, First Solar Inc. (NASDAQ:FSLR). When this company first came on the scene, it moved dramatically higher and in a matter of months was trading well over $300 a share, back in 2008. Since that time, the stock has generally drifted lower for the last several years until hitting a low in June of 2012. After trading below $12, the market has made a steady recovery to where we are today, around $70 a share. I certainly hope no one out there has been holding onto any shares since $300.

I am bullish on FSLR based on a number of factors. The Trade Triangles are all positive, we are in a strong uptrend, and this market could complete a classic Fibonacci retracement that would take it back over the $100 a share level. This stock has also shown a remarkable cyclic tendency and we are presently in a cyclic up-cycle right now.

As I stated in my piece on Tesla, the energy problem is going to remain and probably will deteriorate as the Middle East could go down in flames.

1. Cyclic high periods
2. Cyclic low periods
3. Fibonacci target zone between $94 and $113
Continue reading "Another Way to Play the Upcoming Energy Crisis" →

Is Tesla Ready To Skyrocket?

Posted on by The INO.com Team

I am sure, like a lot of traders, you are paying close attention to what is going on in Iraq, Syria and Iran. My take on the situation is that it's not going to get better and the US is certainly not going to get involved in any meaningful way. This spells out doom for Baghdad, along with a bloody civil war which may have already started.

Against that backdrop, energy prices will continue to move higher and the possibility exists that the oil fields and processing plants in Iraq could be blown up just to put that country back in the Stone Age. We are dealing with a bloody sectarian war that is and will continue to tear that country apart. It also brings to mind what is going to happen to the rest of the Middle East? This whole Middle East problem has been going on for longer than anyone cares to remember and it's only going to be settled with a "bigger stick." At the moment, ISIS has the "bigger stick," the money, and the ferocious obsession of bringing their way of life to the area and surrounding areas. All in all it does not sound like too rosy a picture to me.

That got me thinking about who or what is going to benefit from much higher energy prices. One company stands out in my mind is Tesla Motors Inc. (NASDAQ:TSLA) You're probably familiar with their expensive sports car that sells for upwards of $100,000, but they're working hard on producing a lower-priced model, one for the masses. They are also planning the largest battery manufacturing plant in the world.

All of this is driven by one man, Elon Musk, who is the driving force and mastermind behind Tesla's domination of the electric market and SpaceX. Continue reading "Is Tesla Ready To Skyrocket?" →

Forget Iraq, Here's What You Should Be Doing Today

Posted on by The INO.com Team

So it's Friday and we have come to the end of another trading week and the question is, what positions will you be comfortable holding this weekend? Yes, I know there are lots of problems in Iraq and other parts of the world that can weigh on stock prices, but the reality is, there are always some stocks that are moving up in the world.

In today's video, I show you how to apply our "52-Week New Highs on Friday" Rules and how you can make money in the very short-term using this simple strategy.

We have had a number of members use this strategy successfully and it is one that you should definitely look into. I will show you the exact steps that you want to take to make this happen for your own account. It's not complicated, it simply is a way to look at the market and determine whether you should be long a stock or short a stock over the weekend.

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