Tag: S&P 500 (CME:SP500)

In God We Trust - Starbucks?

Posted on by The INO.com Team

Hello MarketClub members everywhere. This morning I learned that Starbucks Corporation (NASDAQ:SBUX) has 1.2 billion dollars loaded onto Starbuck's cards and their mobile app - that is more capital than almost 5,000 US banks! The other good news for Starbucks is that they are playing the 'float' which means they are getting a return on your capital much like a bank, albeit small, as interest rates are so low right now. So next time you are in Starbucks ordering your favorite cup of coffee, do yourself a favor and pay cash. Why let Starbuck's make a buck on your hard earned money?

MarketClub's Mid-day Market Report

Overseas: The German Bund yields sink to new lows and yields in both Britain and Germany fell to record lows ahead of Britain's referendum on the European Union membership later this month. All of which is not particularly positive for the US economy or today's market.

How The Markets Closed Last Friday: Every Friday I look back on the week and see where the markets closed the previous Friday. This look backwards gives me the opportunity to see whether a market is positive or negative for the week. One of the important market perceptions is to look at the comfort level of traders and investors on Friday and see if they are comfortable going into the weekend holding positions in various markets. With that said, here's how the major markets closed last Friday. Continue reading "In God We Trust - Starbucks?" →

Who Is Going To Bet Against George Soros?

Posted on by The INO.com Team

Hello MarketClub members everywhere. The big question today is, who is going to say George Soros is wrong? This is the same man who bet against the Bank of England in 1993 and made over a billion dollars! That is when a billion dollars used to be worth a whole lot more than it is now.

One expression I heard many years ago in the early part of my career is, "they don't ring a bell at the top of the market." It's one of the best expressions I have ever heard in the marketplace and it's true, nobody tells you exactly when it's the top of the market.

MarketClub's Mid-day Market Report

Whether this is the top, or we are close to the top, it really is too early to say. However, there is a certain feeling in the air of uncertainty and that alone can cause stocks to go down. Continue reading "Who Is Going To Bet Against George Soros?" →

We May Have To Adjust Some Positions In Here

Posted on by The INO.com Team

Doing some tape reading today we notice a clear theme of energy, material, and metals leading us higher, but what's happening with tech and consumer discretionary? We then dive into the Elliott Wave and Fibonacci analysis of the S&P, which further suggests it might be time to move.

Learn more about TradingAnalysis.com here.

Plan Your Trade, and Trade Your Plan,
Todd Gordon

Is The Stock Market Decoupling From Crude Oil?

Posted on by The INO.com Team

Hello MarketClub members everywhere. This morning crude oil moved over $51 a barrel, its best level in nine months. In the last couple of years, there has been a strong correlation between the stock market and the price of crude oil. But, is that correlation about to decouple?

MarketClub's Mid-day Market Report

In today's video, I will be analyzing crude oil (NYMEX:CL.N16.E) and providing you with potential profit targets. Now that the $50 level has been breached, you can look at $50 as perhaps the new floor for crude oil. Since the beginning of the year, I have seen a fairly consistent move to the upside that many economists missed, yet the Trade Triangles have flourished with their non-opinionated approach to the market. Continue reading "Is The Stock Market Decoupling From Crude Oil?" →

Are Stocks Going To Sizzle Or Wilt This Summer?

Posted on by The INO.com Team

Hello MarketClub members everywhere. We are all back from a long holiday weekend and traders are wondering what's in store for the summer – are stocks going to sizzle and go higher or are they going to wilt under the threat of higher interest rates?

MarketClub's Mid-day Market Report

Predicting the future is a hazardous profession at best. So often I have seen respected economists and gurus fall flat on their faces with future predictions. The best way to look at the future, in my opinion, is that it will arrive and there will be many opportunities. That is why I let the market predict what it wants to do. Remember, the market is made up of millions of people whose collective judgment is often wrong at the top and bottom of the market. What is always be right, in the long run, is the market itself.

In today's video, I will be looking at the usual suspects – indices, gold, crude oil and one or two stocks that look interesting.

Stay focused and disciplined.

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