Tag: SP500

Today's Video Newsletter: The housing market continues to shine

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here, with your mid-day market update for Wednesday, the 27th of February.

THE HOUSING MARKET CONTINUES TO SHINE
After yesterday's news that new home sales rose nearly 16 percent in January, The National Association of Realtors (NAR) showed a much bigger than expected increase in its pending home sales index today, which reached its highest level since April of 2010 in January. NAR said its pending home sales index rose by 4.5 percent to 105.9 in January after falling by 1.9 percent to 101.3 in December. Economists had expected the index to increase by 3.0 percent.

What is a pending home sale? A pending home sale is one in which a contract was signed but not yet closed. Normally, it takes four to six weeks to close a contracted sale. Continue reading "Today's Video Newsletter: The housing market continues to shine" →

Today's Video Newsletter: Yesterday's concerns become today's reality

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 26th of February.

In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.

STOCKS ON THE MOVE TODAY:
Discover Financial (DFS)
Newfield Exploration (NFX) Continue reading "Today's Video Newsletter: Yesterday's concerns become today's reality" →

Today's Video Newsletter: I have two major concerns today

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 25th of February.

In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.

#1 MAJOR CONCERN
My number one concern, much like everyone else here in America, is the sequester on March 1st. This date is rapidly approaching and neither the Democrats nor the Republicans seem ready to compromise on this major challenge. The game of political chicken has been lifted to a whole new level of brinkmanship here the US. I am not sure that is in the best interest of the markets or the country. With the DOW and the NASDAQ indecisive at the moment, investors are losing confidence as they still feel shaky and have strong memories of 2008. Only the S&P remains in a positive mode and this is the one to watch carefully, in my opinion. Should this index breakdown and start moving lower, investors are likely to bolt for the exit doors. Continue reading "Today's Video Newsletter: I have two major concerns today" →

Today's Video Newsletter: God Bless Meg … AIG finally makes a profit and ABBONDANZA!

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 22nd of February.

In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.

GOD BLESS MEG ...
Is Meg Whitman going to create a miracle with Hewlett-Packard (HPQ)? Yesterday, HP announced its earnings and while its profits were dramatically lower, it was not as bad as most analysts had expected. But here's the interesting news, technically HP appears to be making a base in which to move higher. The key level we are watching for the rest of the month is $17.50. Should HP stock move over this level, all of our Trade Triangles will turn green. If this happens, and it is a big "if", the major downtrend for HP will have finally reversed its three year decline. We will be looking at HP stock today using our Trade Triangle technology. Continue reading "Today's Video Newsletter: God Bless Meg … AIG finally makes a profit and ABBONDANZA!" →

Today's Video Newsletter: Money Makes The World Go Around

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 12th of February.

TONIGHT - STATE OF THE UNION
I will be a guest on CNBC Asia, live from Washington DC shortly after the State of the Union Address on "Cash Flow" around 10pm ET, tonight (Feb 12th). I will be discussing President Obama's speech and what effect it will have on the markets. I hope you have time to tune in and watch.

CURRENCY WARS
You have probably heard the terms "currency wars" and "race to the bottom" to describe what has been taking place in the world currency markets in the last few years. Today, we will be looking into a market that is bigger than all of the US equity markets combined and trades over four trillion dollars a day! Continue reading "Today's Video Newsletter: Money Makes The World Go Around" →