Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 10th of January.
There is a real smackdown going on in the stock of HERBALIFE (HLF). William Ackman, a major hedge fund manager, is accusing HERBALIFE of being nothing more than a pyramid scheme. That is a pretty serious charge about a public company. On the other side of the smackdown is Daniel Loeb, another big hedge fund manager, who is saying that the accusation is all bull crap. Who's right? We are not taking sides, but it looks to us like they are both talking their positions.
With that in mind, we decided to take a close look at HERBALIFE using our Trade Triangle technology and come to an unbiased opinion on this stock. In today's video, in addition to HERBALIFE and our normal rundown, we will be analyzing Ford Motor Company and Facebook, two very different companies. I think you will find today's video interesting and educational.
Just a few more days and "SILLY SEASON" is officially over. Look for the markets to continue to be a little crazy until then.
In the next week or so we will release the results of our (HLF). William Ackman, a major hedge fund manager, is accusing HERBALIFE of being nothing more than a pyramid scheme. That is a pretty serious charge about a public company. On the other side of the smackdown is Daniel Loeb, another big hedge fund manager, who is saying that the accusation is all bull crap. Who's right? We are not taking sides, but it looks to us like they are both talking their positions.
With that in mind, we decided to take a close look at HERBALIFE using our Trade Triangle technology and come to an unbiased opinion on this stock. In today's video, in addition to HERBALIFE and our normal rundown, we will be analyzing Ford Motor Company and Facebook, two very different companies. I think you will find today's video interesting and educational.
Just a few more days and "SILLY SEASON" is officially over. Look for the markets to continue to be a little crazy until then.
In the next week or so we will release the results of our "World Cup Portfolio". I am happy to report that the preliminary results all point to another banner year.
Have a great trading day,
Adam Hewison
Founder & President INO.com and co-founder of MarketClub.com.
