Tag: Mid-Day Report

8 Stocks Worth Looking At This Monday

Posted on by The INO.com Team

Hello traders and MarketClub members everywhere. I found these 8 stocks using the Trade Triangles scan. Each of the stocks flashed continuation signals to the upside today. The only exception was one ETF, which gave a major buy signal with a new monthly Trade Triangle.

Let's begin with the ETF that gave the major buy signal.

The ETF is:

iShares Silver Trust (PACF:SLV)
The Trust seeks to reflect generally the performance of the price of silver. The Trust seeks to reflect such performance before payment of the Trust’s expenses and liabilities. The Trust is not actively managed. It does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of silver. The Trust receives silver deposited with it in exchange for the creation of Baskets of Shares, sells silver as necessary to cover the Trust expenses and other liabilities and delivers silver in exchange for Baskets of Shares surrendered to it for redemption.

Here are the other 7 stocks and an ETF that gave continuation signals to the upside: Continue reading "8 Stocks Worth Looking At This Monday" →

5 Stocks You Need To Know About

Posted on by The INO.com Team

Well it's Friday and it's been quite a week, but I found five stocks that I believe will do well in the coming weeks.

Three of these stocks are going to be weekend trades as they just made 52-week highs today. The other two stocks gave Trade Triangle signals and are moving out of great chart formations. Both look ready to go higher and I will show you why I think they're headed higher and why I think you should be looking at them seriously.

Here are the three stocks I like for weekend trades: Continue reading "5 Stocks You Need To Know About" →

Did You Miss These Two Signals?

Posted on by The INO.com Team

At the beginning of the week, I stated that this week would be a game changing week. It's beginning to play out that way with tomorrow being the key day.

Yesterday, the Trade Triangles issued a major buy signal in gold (FOREX:XAUUSDO). Could this possibly be indicating that inflation is on its way? I have said all along that the only way the United States can get out of its multi-trillion dollar deficit hole is to inflate asset prices.

Today, the Trade Triangles issued a buy signal on the Dow (INDEX:DJI). Can the NASDAQ and S&P 500 follow behind?

In today's video, I will be looking at gold and where I think it's headed to the upside and the implications it could have on equity prices. Continue reading "Did You Miss These Two Signals?" →

3 Reasons Why This Week Could Be A Game Changer

Posted on by The INO.com Team

Hello everyone, welcome to the beginning of a new trading week and what could be a game-changing week for the markets.

What stood out to me last week was the massive rally on Friday with the jobs numbers that were perceived to be better than expected. If that were not enough over the weekend, we had interest rates cut in China, with stocks over there rallying to the best levels in two weeks.

Here are the three reasons why I think stocks have the potential to go higher. Continue reading "3 Reasons Why This Week Could Be A Game Changer" →

Did This Multi-Billion Dollar Company Just Make A Major Reversal To The Upside?

Posted on by The INO.com Team

Today, I'm going to be looking at a very well-known stock that has all the tell-tale signs of having put in a major low this week. This company also just announced a new CEO, as well as a significant earnings beat.

In addition to this stock, I will also be looking at all three of the major indices. All three indices flashed warning signals yesterday to move to the sidelines.

The broad trading range that is the gold market right now continues. Today, gold experienced a sizable decline and is rapidly approaching the lower levels of its trading range.

Crude oil has taken a bit of a pause, but remains on its upside trajectory. I'm still thinking that an upside target zone of somewhere around $68-$70 a barrel is in the cards.

The dominant dollar has been losing ground against the Euro for the past four weeks. While we may see another dollar bounce, the dollar continues to look less powerful than it did just four weeks ago. I still think that the euro can go somewhat higher (1.1500) from where it is right now.

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