Tag: yahoo! Inc. (NASDAQ:YHOO)

This Indicator Is A Winner For Long-Term Traders

Posted on by The INO.com Team

It has been one heck of a week to say the very least and it is not over yet. I want to take a look at a tool that I'm pretty confident in saying that very few traders ever watch. The tool I'm discussing is MarketClub's quarterly charts. If you have not seen this MarketClub feature, you may want to check it out, particularly if you are a long-term trader.

I'm going to be looking at the S&P 500 to see just how close the quarterly chart is to turning negative. I'm also going to be looking at a textbook example of a downside measurement on the S&P 500.

I will also be analyzing Apple and Yahoo, both of which could be in for a pretty bumpy ride.

Let's begin by looking at the S&P 500 (CME:SP500) and the textbook example I mentioned earlier for measuring a down move. I'm using a close-only weekly chart and you will see exactly how I measure the move.

Weekly Chart of S&P 500 (CME:SP500)

Next let's take a look at this long-term quarterly chart of the S&P 500 and as you can see it is poised to possibly break the positive long-term trend that has been in place since October of 2010. Continue reading "This Indicator Is A Winner For Long-Term Traders" →

Major Alert: Amazon (NASDAQ:AMZN) Flashes Its First Major Sell Signal In 16 Months

Posted on by The INO.com Team

In the first 30 minutes of trading today, Amazon.com Inc. (NASDAQ:AMZN) triggered a red monthly Trade Triangle indicating a major trend change in this stock. This could be partly due to Amazon's announcement yesterday that it planned on opening 400 brick and mortar bookstores. So after putting almost every bookseller out of business, Amazon is now going into the brick and mortar business. Could that be a big mistake for Amazon?

Daily Chart of Amazon.com Inc. (NASDAQ:AMZN)

Technically speaking, Amazon could quite easily fall back to the $441.95 level which represents a 61.8% Fibonacci retracement. That is $100 lower than the current price. Personally, I love Amazon, I shop there all the time, but right now I do not like the stock of Amazon. I think that Amazon is setting up to go lower based on the Trade Triangle technology. If my analysis of Amazon is correct, it does not auger well for the rest of the market or the economy. Continue reading "Major Alert: Amazon (NASDAQ:AMZN) Flashes Its First Major Sell Signal In 16 Months" →

3 For 3 And 3 More To Watch Today

Posted on by The INO.com Team

Good day, MarketClub Members! So, what do I mean when I say 3 for 3?

1: Let's start with Apple, Inc. (NASDAQ:AAPL) - The Trade Triangle technology indicated that the trend was heading lower and Apple was most likely to report disappointing earnings. That is exactly what happened when Apple reported its earnings after the close on 1/26/16. Apple opened lower the next day giving members another winner and profits up to 92% on options trades.

2: Next I recommended that a sidelines position was warranted in Amazon.com, Inc. (NASDAQ:AMZN) as the Trade Triangles were mixed indicating that there was no strong reason to take a position. The trading hours before the close showed Amazon up over 9%. Reality kicked in after the earnings announcement as Amazon gave back all of its earlier gains justifying the sidelines position.

3: Alphabet, Inc. (NASDAQ:GOOG) - Yesterday a weekly Trade Triangle turned green aligning with the monthly Trade Triangle indicating a long position was warranted. Members were rewarded as Google jumped $40 in after-hours trading giving members another winner.

3 stocks to watch today after they release their earnings after the close are: Continue reading "3 For 3 And 3 More To Watch Today" →

Time To Check Out The Internet Portfolio

Posted on by The INO.com Team

Hello MarketClub members and traders everywhere. I thought today I would take a look at the Internet portfolio to see exactly how it is positioned in the following Internet stocks. This particular portfolio has shown returns of 65% in 2013, the first year we began tracking this portfolio, to a return of 16.4% last year.

The portfolio consists of only five stocks and is very easy to follow. Now, I understand that there are a lot more popular Internet stocks out there which we don't track in this portfolio, but these are the five stocks I believe will have big moves. As long as the stock moves up or down, you should be making money with this portfolio.

Here are the five stocks that we follow: Continue reading "Time To Check Out The Internet Portfolio" →

Have Google And Yahoo Lost Their Mojo?

Posted on by The INO.com Team

Hello, MarketClub members and traders everywhere! Today I'm going to be looking at 10 well-known stocks and determine what the future holds for them.

Among those 10 stocks, I will be looking at Google and Yahoo and showing you why these two stocks may not be the place to have your money in Q2.

Here are the 10 stocks I'm analyzing in today's video. Continue reading "Have Google And Yahoo Lost Their Mojo?" →