Today's Video Update: GDP Misses, But The Fed Will Buy Us Out Of Slow Growth Right?

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 26th of April.

GDP Slows
Gross Domestic Product (GDP) expanded at a tepid 2.5 percent annual rate, the Commerce Department reported on Friday, after growth nearly stalled at 0.4 percent in the fourth quarter. The dismal increase missed economists' expectations for a 3.0 percent growth pace. I guess a trillion dollars a year in stimulus spending doesn't get you very much anymore. Not to worry, as the Fed is supporting stock prices and that's all that seems to matter to this administration. Continue reading "Today's Video Update: GDP Misses, But The Fed Will Buy Us Out Of Slow Growth Right?"

Today's Video Update: Can We Trust This Market?

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 24th of April.

Can We Trust This Market?
A number of years ago when Ben Bernanke took over the chairmanship of the Fed, little did anybody predict that he would be single-handedly supporting the entire stock market. I asked several colleagues of mine over the past few days, "what would happen should the quantitative easing that Ben put in place stop?" They all gave me the same answer, "the market would crash." That is not a particularly compelling reason to own stocks, in my opinion, if stocks are been artificially held up. I have said this before, the trend is your friend, and as far as the DOW is concerned, the trend remains positive.

What Now Apple?
Yesterday, Apple (NASDAQ:AAPL) announced their earnings and while there was some good news, there was also some bad news. The bad news is that their profit margins continue to shrink and that coupled with no new innovation coming out of Apple anytime soon, does not spell out a particularly rosy scenario for this stock. Continue reading "Today's Video Update: Can We Trust This Market?"

Today's Video Update: The Market Bounces Back, But Concerns Persist Over Global Growth

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 22nd of April.

After Last Week's Fall, The Markets Take A Breather
The DOW continues to remain positive, while the NASDAQ and the S&P 500 are in a neutral state at the moment. Our Trade Triangles have signaled that if you are an intermediate-term trader, you should be on the sidelines for both of these markets.

The DOW is another picture, where a clear line in the sand has been drawn. Should the DOW move below 14,434 this week, it will be a major exit signal to all intermediate-term traders to move to the sidelines. Continue reading "Today's Video Update: The Market Bounces Back, But Concerns Persist Over Global Growth"

Today's Video Update: Biggest Down Week For The Markets All Year

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 19th of April.

Biggest Down Week For The Markets All Year
To say it has been quite a week would be an understatement. The markets have been largely pushed into the background and have been dominated by the news coming out about the Boston bombings. Even the earnings season has taken a backseat to current events. The bottom line is that unless there is a massive rally in most markets, they will close out the week with significant losses.

Most Equity Markets Close Lower For The Week
The S&P 500 and the NASDAQ have both flashed negative weekly Trade Triangles indicating that a neutral position should be taken in both of these indices. Only the DOW continues to remain in a bull trend and that will change should we see the DOW dip below 14,395. Continue reading "Today's Video Update: Biggest Down Week For The Markets All Year"

Today's Video Update: Fear And Uncertainty Enter The Markets

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 17th of April.

Fear And Uncertainty Enter The Markets
It is only Wednesday, but it has been one heck of a week already! The biggest take away for me this week, was the big moves seen on Monday in equities, gold and crude oil. For the first time, we are seeing the twin elements of fear and uncertainty enter into the markets. These two elements are incredibly powerful and tend to move markets much more than fundamentals ever do. The battle lines are clearly drawn for the equity markets with the lows seen on Monday as the proverbial "line in the sand" for equity traders. Crude oil and gold are now both in clear downtrends and are set to still move lower. Continue reading "Today's Video Update: Fear And Uncertainty Enter The Markets"