Tag: MarketClub Tips & Talk

WTF - It's not what you think

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 11th of October.

I first learned about the real meaning of WTF while I was a member of the Chicago Mercantile Exchange, back when I was trading in the pits, standing shoulder to shoulder with some of the smartest traders in the world.

It was back when the movie Star Wars was all the rage and George Lucas was at the height of his very successful, creative career. The iconic line from the movie that struck a cord with everyone was, "May the force be with you."

How that quote made it into the trading pits of Chicago will always be a mystery to me. The members of the exchange took WTF, a slang term, and translated that to stand for "What's The Force?", loosely interpreted to mean, is the force up or down for the market? This term was especially common on Fridays when traders had to decide whether they were going to hold or fold their positions over the weekend.

So I say to you this Friday, WTF? Continue reading "WTF - It's not what you think" →

Is The Market Correction Over?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 10th of October.

Yes, I believe that the current correction has come to an end with yesterday's market action. Markets are heavily oversold at this point and I expect to see a relief rally starting today.

Several of our MarketClub members stated that they expect to see some sort of agreement out of Washington in the next few days. I happen to agree with their thoughts and if that happens, it could instantly repair the downside pressure on the markets.

Apple (NASDAQ:AAPL) is looking more and more interesting, particularly if it closes today over the $491.10 level. Should this happen, it will have created a mini base in which to propel Apple to my "line-in-the-sand" level at $497. Apple could go into overdrive if this level is broken on the upside any time this week. Continue reading "Is The Market Correction Over?" →

5 Stocks To Exit Immediately!

Posted on by The INO.com Team

One of my all-time favorite songs is from the Kenny Rogers album, "The Gambler" and every investor can learn something from the song's lyrics.

"If you're gonna play the game, boy, ya gotta learn to play it right.
You got to know when to hold 'em, know when to fold 'em,
Know when to walk away and know when to run.
You never count your money when you're sittin' at the table.
There'll be time enough for countin' when the dealin's done."

Here we are 34 years later and the words to that song are every bit as relevant as when they were written. When stocks go up, "you got to know when to hold 'em", and when stocks go south you have to "know when to fold 'em." The words to the song are very simple, but they are, in fact, the essence to successful trading. Continue reading "5 Stocks To Exit Immediately!" →

Is It Time To Buy Gold?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for the last day of the month and quarter, Wednesday the 2nd of September.

The NASDAQ Is On Fire!
There's no doubt about it, the NASDAQ is and has been the strongest index out of the three indices we track. The NASDAQ index is being driven by the likes of Apple (NASDAQ:AAPL), Tesla (NASDAQ:TSLA), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and many other internet and tech stocks.

Is this trend likely to continue? I believe it will continue and I am looking for higher levels in all of these markets, providing that our Trade Triangle technology is in agreement.

Is Gold A Buy Right Here?
Our Trade Triangles have enjoyed a great deal of success trading in gold over the last several years.

Trade Triangle Past Performance: Gold Continue reading "Is It Time To Buy Gold?" →

Government Shutdown Imminent - Here's My Take

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for the last day of the month and quarter, Monday the 30th of September.

It's hard to know where to begin, so let's begin at the beginning. I think we should throw all the Republicans and Democrats out of office - they are absolutely not helping America move forward and get back on its feet again.

What is happening now in Washington is a childish squabble between two completely different ideologies without any grown ups in the room.

I believe that both parties have lost sight of the big picture, and that's making America strong economically. That means creating jobs, putting people back to work and to live within our means. If we can't afford it, we can't afford it - end of story.

These simple concepts seem to be beyond the grasp of the two parties and the last thing on either parties mind. It's all about, whats in it for me, and I want to keep my position of power and job come h@ll or high water. Continue reading "Government Shutdown Imminent - Here's My Take" →