{"id":36237,"date":"2015-11-11T13:00:21","date_gmt":"2015-11-11T18:00:21","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=36237"},"modified":"2015-11-11T12:50:02","modified_gmt":"2015-11-11T17:50:02","slug":"macys-misses-and-alibaba-hits-a-new-high-for-sales","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2015\/11\/macys-misses-and-alibaba-hits-a-new-high-for-sales\/","title":{"rendered":"Macy's Misses And Alibaba Hits A New High For Sales"},"content":{"rendered":"

October was a spectacular month for stocks, but November may prove to be a different animal with potential roadblocks. <\/p>\n

Many professional traders are looking at major resistance from the old highs in May of this year. I believe that the major indices are going to have their work cut out for them to move over these levels in the future.<\/p>\n

\"\"<\/a><\/p>\n

On November 9th<\/a>, I talked about Macy's Inc. (NYSE:M)<\/a> showing what I believed to be major weakness in this stock. Macy's earnings were announced this morning which disappointed the market and pushed it down over 13%. I think this is a testament to MarketClub's Trade Triangle technology and the reassurances and confidence it provides investors.<\/p>\n

I will also be taking a look at Alibaba Group Holding Limited (NYSE:BABA)<\/a> that had a record sales day, generating over $10 billion in gross merchandise sales in just over 14 hours. Should you buy Alibaba here or just be on the sidelines?<\/p>\n

I'm going to do something a little different today and look at three stocks that I talked about in an earlier video<\/a> and a MarketClub member asked us to follow up on. The three stocks in question are The Walt Disney Company (NYSE:DIS)<\/a>, Monster Beverage Corp. (NASDAQ:MNST)<\/a> and News Corporation (NASDAQ:NWSA)<\/a>. I will see where they were trading before earnings and where they are now after earnings. <\/p>\n

Also in today's video update I will be looking at gold which is in a very special place right now and definitely should be on your radar screen. In addition to the gold market, I will be looking at the dollar, crude oil and the major indices.<\/p>\n

Have a great trading day everyone.<\/p>\n

Every success with MarketClub,
\nAdam Hewison<\/a>
\nPresident, INO.com
\nCo-Creator, MarketClub<\/p>\n","protected":false},"excerpt":{"rendered":"

October was a spectacular month for stocks, but November may prove to be a different animal with potential roadblocks. Many professional traders are looking at major resistance from the old highs in May of this year. I believe that the major indices are going to have their work cut out for them to move over […]<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[6727,8105,4257,8111,8112,6115],"class_list":["post-36237","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-alibaba-group-holding-limited-nysebaba","tag-macys-inc-nysem","tag-mid-day-report","tag-monster-beverage-corp-nasdaqmnst","tag-news-corporation-nasdaqnwsa","tag-the-walt-disney-company-nysedis"],"yoast_head":"\nMacy's Misses And Alibaba Hits A New High For Sales - INO.com Trader's Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2015\/11\/macys-misses-and-alibaba-hits-a-new-high-for-sales\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Macy's Misses And Alibaba Hits A New High For Sales - INO.com Trader's Blog\" \/>\n<meta property=\"og:description\" content=\"October was a spectacular month for stocks, but November may prove to be a different animal with potential roadblocks. 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