Tag: Mid-Day Report

Everything Changes In 15 Trading Days

Posted on by The INO.com Team

Hello MarketClub members everywhere. As we plod through the dog days of summer and the oppressive heat that we have been experiencing along the Atlantic seaboard, we have to remember that there's an end in sight. What I mean by that is Labor Day is rapidly approaching and it signals to all the traders out there that summer is over and it's time to get back to work and making money in the marketplace.

MarketClub's Mid-day Market Report

It is amazing how attitudes change or become reinforced after Labor Day.

In addition to Labor Day, this is the final week of the Olympic distraction, if that was not enough we will also soon be getting bombarded by political messages for the general election on November 8th.

So what's a trader to do? Here are 5 suggestions to keep you on the right track in 2016. Continue reading "Everything Changes In 15 Trading Days" →

What A Week: Gold, Oil and Stocks All Higher

Posted on by The INO.com Team

Hello MarketClub members everywhere. It has been quite a week with gold, stocks and oil all moving in the same direction and that is higher. I have said this before; it is sometimes best to just to go with the flow and not try to overthink or inject what you may feel fundamentally about the market.

MarketClub's Mid-day Market Report

I thought I would do something a little different this week by including some questions from the MarketClub members blog. Continue reading "What A Week: Gold, Oil and Stocks All Higher" →

Global Unease Pushes Gold Higher

Posted on by The INO.com Team

This morning the gold market is pushing higher and it is within $18 of making a new high for the year. I'm sure this is not because of all the gold that has been won by the U.S. team in Rio, but rather to a global uneasiness hat has permeated the year so far.

MarketClub's Mid-day Market Report

In today's video, I will be analyzing gold (FOREX:XAUUSDO) and the gold mining stocks that I have discussed before. The stocks are Newmont Mining (NYSE:NEM) and Barrick Gold Corporation (NYSE:ABX). Both of these stocks are set to go significantly higher based on the Trade Triangles and their technical chart counts.

I will also be analyzing crude oil (NYMEX:CL.U16.E) and showing you a key level that I see that could pop crude up several dollars in a short period.

After their big push up last Friday, the equity markets have come to a somewhat stationary position. However, that has not altered the longer-term trend that I see in the indices which are currently in an uptrend. I will be examining each of these indexes individually and giving you my latest thoughts on the trends in each of these markets. Continue reading "Global Unease Pushes Gold Higher" →

The DOW Heads For 20,000

Posted on by The INO.com Team

Hello MarketClub members, well here we are at the beginning of a new trading week with lots going on. Somehow I don’t think we are going to be seeing the dog days of summer in 2016. Last Friday the major indices resumed their upward journey and the continuation pattern I discussed in my previous video. I continue to think that the equity markets can go higher, a lot higher based on the Trade Triangles and the technical formation on the charts.

MarketClub's Mid-day Market Report

I can see the DOW (INDEX:DJI) moving over the 20,000 mark in the next several months. The markets could get another boost today as one of the presidential hopefuls is going to propose the biggest tax cuts we have ever seen in modern times. Continue reading "The DOW Heads For 20,000" →

This Energy Stock Is Screaming Buy Me

Posted on by The INO.com Team

Hello MarketClub members everywhere. It is no secret that the energy sector has been under pressure after crude oil (NYMEX:CL.U16.E) hit a peak of around $52.00 a barrel on June 8th. Since then crude oil has steadily trended lower dipping below $40.00 just this week.

MarketClub's Mid-day Market Report

The Trade Triangles just covered the last short position from $45.64 yesterday at $41.88 for a gain of $3.76 or $3,760.00 per contract. As of today, the Trade Triangles are in a neutral position and awaiting the next signal.

All of this leads me to one energy stock that is defying the odds and is standing out like a sore thumb and begging to be purchased and that stock is Kinder Morgan Inc. (NYSE:KMI). In today's video I will walk you thru the primary reasons why I like this stock and more importantly where the exit door is if my analysis is wrong.

In addition to Kinder Morgan, I will be analyzing at gold and the major indices today.

Have a great trading day and weekend.

Stay focused and disciplined.

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