Is Apple Setting Up For A Big Rally?

In today's short educational trading video, I'm going to share with you some of the potentially interesting set-ups I'm seeing right now in Apple (NASDAQ:AAPL).

I will also share with you my step-by-step approach on how I intend to trade Apple. Presently, I see three unique set-ups for Apple (NASDAQ:AAPL) that I will point out in this short video.

1. A technical setup that hasn't been seen since 2009.

2. A timeline that's a characteristic for Apple setbacks.

3. A fantastic Fibonacci retracement.

So what are you waiting for? Let's get started right away!

Judging by the initial feedback I have received in a in-house sneak preview, you won't want to miss this video. The video runs about 7 1/2 minutes.

I personally believe this video on Apple (NASDAQ:AAPL) will give you a unique insight into this stock and company.

Enjoy the video and every success in your own trading,

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

3 Technical Tools That Predicted The Apple Implosion!

Let's dissect and analyze Apple (NASDAQ: AAPL) today as it just moved below $400 for the first time since December of 2011.

In today's Trade School video, we're going to be looking at the stock of Apple (NASDAQ: AAPL) in light of today's market action. I will be analyzing Apple using three very standard technical tools in a way that may be unfamiliar to you.

I will share with you exactly how you could have made money in Apple (NASDAQ: AAPL) and how a certain combination of technical tools have produced some very positive results. This easy-to-use approach can be adapted for your own trading.

This simple approach can be used by everyone and allows you to disregard the fundamentals and earnings reports of any stock and still come out ahead of the game.

Thanking you in advance for watching this video on Apple.

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

If you're trading on the news, you're already behind the eight ball.

There's an old adage in trading, "buy on the rumor, and sell on the news."

Most often, news and earnings reports have already been factored into the markets. The people who are aware of this information have already taken the appropriate action. These people do not include the general public. Individual self-directed traders tend to receive their news through the normal channels such as CNBC, The New York Times, The Wall Street Journal and the web. News by nature is a recap of worthy events, therefore the news tends to be old and comes too late. By the time these news stories are written and make their way from the TV or printing press to your eyes, the markets have already made their move.

The concept of buying on the rumor and selling the news is correct the majority of the time. However, there are always exceptions to the rule. Recently was earnings surprise that came out on Apple (NASDAQ_AAPL) on the 21st of January, 2009. Apple blew it out of the box and surprised many with its strong earnings, most of which came from overseas.

Only by following the market action can you have a handle on what's going to happen in the future. A recent example of this is eBay, I just finished a video on eBay a few days ago that I recommend you watch. It is a perfect example of market based price action predicting the news. When the news came out on eBay having its first quarterly loss in its history, it sent the stock down over 10%. I can't think of a better, or more recent example of market action predicting the news. And yes, it was a profitable trade for our MarketClub members.

My hope is that this blog posting will help you understand how professional traders use the news... but not to watch, just to sell.

Every success in life and in the trading,

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

What's ahead for Apple (New Video)

I was looking over several charts this past weekend and I was shocked to recognize a chart formation playing out before my very eyes. I've seen this same formation a million times before, but I just didn't want to believe it could be happening to my favorite stock, Apple (NASDAQ_AAPL). Some would call this denial.

In the past I've written extensively about Apple products on this blog. If you have read any of these postings, you'd know how crazy I am about their products.

Several months ago I discovered a major technical formation that spelled trouble for Apple. I have to admit that I was saddened by this. This formation was also picked up by our "Trade Triangle" technology. Our algorithm triggered a sell signal and has continued to suggest a short position for Apple all this time.

Watch my new video on Apple.

I was surprised that we've seen this market come down so easily. It seems like every time I visit an Apple store they are always busy and their products always seem to be selling well.

The question is, are we at the end of the iPod era?

Given the chart formation, the double top and pivot point, it seems we are headed lower. The Pivot Point measures down to the $40-$50 range and Apple at $90 still has a long way to go on the downside.

What caught my eye this weekend was a weekly continuation pattern to the downside and the fact that Apple closed at a new weekly low for the year. This is not a bullish sign by any stretch of the imagination.

For this coming week, I expect to see further downside pressure on Apple. I believe that we are going to be looking at the $50-60 dollar range as our target zone. Of course everything within will be tempered by our "Trade Triangle" technology. When our short-term "Trade Triangle" turns positive, we will close out short positions and take to the sidelines. In my opinion, it's going to take some time for this market to improve and turn around. The technicals are just too weak at the moment.

Every success in trading,

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

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