Tag: netflix (nasdaq:nflx)

Apple, Amazon, and Yahoo = Apathy

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 Wednesday, the 20th of November.

Apple (NASDAQ:AAPL)

Today, I'm putting Apple under the microscope and looking at the various scenarios I can see playing out for this stock. As many of you know, I'm a very big Apple fan and I love Apple products. However, there are times when I don't share the same feelings for the stock of Apple.

Amazon (NASDAQ:AMZN)

The stock of Amazon is barely changed for the week and continues to consolidate over the $360 level. I still feel that this stock can lazily move up to the $400 level by the end of the year. Continue reading "Apple, Amazon, and Yahoo = Apathy" →

Tesla Reports, Apple Builds and Netflix Does Its Thing

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 Tuesday, the 5th of November.

There's a lot to cover today starting with Tesla (NASDAQ:TSLA), who reports earnings after the bell. Netflix (NASDAQ:NFLX) is looking good and Apple (NASDAQ:AAPL) is creating a new factory in America to build Apple products. A major biography about Amazon (NASDAQ:AMZN) and its founder, Jeff Bezos, is up for discussion and I'll also be covering why Pandora Media (NYSE:P) is not too concerned about Apple's new iRadio service.

Tesla (NASDAQ:TSLA) Reports Earnings After The Bell

Can Elon Musk do it again and sell more Tesla S cars than his critics say he can? After the bell today, Tesla (NASDAQ:TSLA) will report its third-quarter earnings and judging by yesterday's market action, which saw this stock jump 8% in a day, perhaps the earnings are going to be better than what the critics are thinking. With the long-term monthly Trade Triangle positive on this particular stock, I see no reason to stand in front of the electric car revolution. Continue reading "Tesla Reports, Apple Builds and Netflix Does Its Thing" →

A New Way To Look At Netflix

Posted on by The INO.com Team

It has been a little over 11 months since the first major buy signal in Netflix (NASDAQ:NFLX) at $84.95 on December 4, 2012. I have remained bullish on the stock since that time, which turned out to be one of the best trades for the year so far.

Today I would like to share with you how to use the Relative Strength Index (RSI) to enter a position in any up-trending stock. When a stock pulls back, it is difficult to know how far that stock will fall. This is where the RSI comes in and can be an enormous help. When the indicator moves over 70, it is considered overbought and conversely when the indicator moves below 30, it is considered oversold. This was the original thesis of Welles Wilder when he developed the RSI back in the mid-70s. Later it was discovered that when a stock pulls back to the midpoint of 50 or just below, it actually finds support.

In my Netflix (NASDAQ:NFLX) example, I have highlighted both the price and the RSI support in yellow. The horizontal line at 50 on the indicator is also highlighted in yellow. As you can see on the chart, Netflix fell back to support twice during the last four months. Each time the RSI touched or moved just below the 50 line, it found support and made a strong recovery rally.

Yesterday, November 4th, Netflix (NASDAQ:NFLX) had its second highest close for the year. With all of the Trade Triangles positive on this stock, plus it has just come from an RSI support area (number 2), I expect to see this stock trend higher in the weeks ahead.

The moral of this post is, whenever you see a strong uptrend, you might want to check out the Relative Strength Index (RSI) for a low-risk entry point.

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

Will Amazon (AMZN) Make It To $400?

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 1st of November.

Last month was a great month for many investors, myself included, as all of my stocks moved in a favorable direction. I see little reason to change my analysis of the markets as I expect them to continue to move higher in November. This is partly due to the Fed continuing with its $85 billion a month bond buying binge. With Apple's iPad going on sale worldwide today, I see great sales coming for the retail sector as the public buys into the holiday season.

MarketClub's mid-day update for Friday, the 1st of November

One major concern on the horizon is the roll-out of the “Affordable Care Act” (Obamacare), which is going to have an effect on one sixth of the economy here in the United States. So far, the roll-out has been a big disappointment, as many people are seeing potential increases in their insurance rates with this new plan. If rates increase substantially, then that money will be coming out of the economy, which will not necessarily be a good thing. Continue reading "Will Amazon (AMZN) Make It To $400?" →

Here is a little known stock that Carl Icahn likes

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 25th of October.

There’s no doubt about it, Carl Icahn has been on a winning streak lately with Netflix (NASDAQ:NFLX) and Apple (NASDAQ:AAPL) making big bucks even by billionaire status. One of Carl’s other stocks is the energy company, Talisman Energy Inc. (NYSE:TLM).

Technically I also like this stock, as all of the Trade Triangles are in a positive mode. Last month Talisman Energy closed at $11.51 and is currently trading around the $12.30 area, up a solid 6.8%. Continue reading "Here is a little known stock that Carl Icahn likes" →