Category: MarketClub Techniques, Tips & Talk

Tips and trick from traders on how to become a better trader.

Who Will Win The Next Big Financial Frontier?

Posted on by The INO.com Team

There's something coming that is going to be very big and all the major companies, from Amazon (NASDAQ:AMZN) to Google (NASDAQ:GOOG) to Apple (NASDAQ:AAPL), are all vying to control and own this new frontier. This could be as big and as ubiquitous as the Internet.

Who among these three players is going to win?

On Tuesday, Apple rolled out its new iPhone, along with the new Apple Watch, and something that didn't get a lot of attention called Apple Pay. Now all of these same technologies exist with other companies in one form or another, but what I see as the next big thing for all of the above-mentioned companies is going to be mobile payments.

But what if none of these companies are successful on the upcoming financial frontier, who will take the prize? Continue reading "Who Will Win The Next Big Financial Frontier?" →

What Is The Greatest Market Indicator In The World?

Posted on by The INO.com Team

Now some would argue that fundamentals are the most important element in trading, others might argue that technicals are the most important. It might also be argued that perception is the key to trading.

I would have to say there's a certain element of truth in the fundamentals, the technicals, and perception. But to me, the greatest market indicator in the world is the market itself. You can't argue with the market and win.

In today's example, I'm going to look at crude oil futures (NYMEX:CL.V14.E). I think this is an excellent example of how potential fundamental elements did not play out. When crude oil was trading over $100 a barrel, many were calling for it to go significantly higher based on the turmoil in the Middle East and also what was happening in the Ukraine.

Well, the exact opposite occurred as oil tumbled lower month after month. Now you could stick to your guns and say to yourself that fundamentally I think crude oil is going higher. If you had adopted that strategy no matter how logical it may seem to you at the time, you'd be sitting on a tremendous loss at this present time.

Holding onto losses is not the way to trade in any market, whether it's stocks, futures, foreign exchange, ETFs or precious metals. The name of the game is making money - less we all forget.

The market may fool you every once in a while, but what program or approach doesn't do that? But overall, the market gets it right every time as it is a total of everyone's knowledge. When you have so many brains working for you around the world, how could you not pay attention to what the market is actually doing?

So let's take a look at the October crude oil contract (NYMEX:CL.V14.E) to see how MarketClub's Trade Triangle technology handled the 10% drop over the last few months.

CHART LEGEND
1. All Trade Triangles are red and negative and show a -100 Score.
2. On 7/7/14 the Weekly Trade Triangle indicates a short position at $102.40.
3. RSI moves below the 50 line.
4. RSI now acts as resistance at the 50 line.
5. RSI now acts as resistance at the 50 line.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Three Reasons You Should Buy Amazon.com Inc. (NASDAQ:AMZN)

Posted on by The INO.com Team

Today I'll be looking at Amazon.com Inc. (NASDAQ:AMZN). At this point in time, the name Amazon is synonymous with online shopping, but Amazon does quite a bit more than just that. Amazon also runs a huge cloud infrastructure hosting service that has revenues in the billions of dollars. Amazon is constantly rolling out new services that are all designed to help sell more products. They are even coming out with a payment service for merchants that can be used on a smart phone.

Jeff Bezos, the genius behind Amazon, recently purchased the Washington Post. I'm not sure that this paper is going to make Jeff any money, but it is going to win him a lot of friends in Washington DC. Why would Bezos care about a newspaper? I don't think he cares about the newspaper itself, but rather the power the Washington Post has with politicians. What he cares about most is not having regulators come in and create problems by making more regulations than are necessary.

All that aside, here are three good reasons why I believe Amazon is going to have a very good fourth quarter.

1. Technically the stock looks good after pulling back from recent highs it made in July around the $360 area. The stock found support right around $280 and an important Fibonacci retracement level at $310.

2. Yesterday, Monday the 18th, the stock of Amazon flashed a weekly Trade Triangle. This action reaffirmed that the longer-term trend has resumed and should now be moving higher.

3. The stock is now in very strong hands with all the Trade Triangles green, indicating a strong upward trend.

CHART LEGEND
1. Monthly red Trade Triangle indicates the upward trend had reversed.
2. All Trade Triangles are now green indicating a strong upward trend.
3. Green weekly Trade Triangle indicates to cover any short positions.
4. Monthly Trade Triangle turns green.
5. A red weekly Trade Triangle indicates exit long positions.
6. New weekly green Trade Triangle kicks in at $335.
7. The RSI indicator is trading above the 50 line indicating a strong trend.
8. The MACD indicator is showing the trend is now positive.

I still believe that Amazon.com Inc. (NASDAQ:AMZN) is a powerhouse to be reckoned with. Amazon's only real challenge will be regulations coming in to squash what is a shining success in entrepreneurial-ism and capitalism.

Today, I'm seeing some profit taking coming into the market and I believe that this presents an opportunity to pick up the stock of Amazon. Currently Amazon is trading just below our original Trade Triangle buy ($335) signal.

Every success with Amazon and MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

It's Time To Get Your Yahoo On

Posted on by The INO.com Team

It has been some time since I did a review of Yahoo! Inc. (NASDAQ:YHOO). I'm doing one today because a new monthly Trade Triangle kicked in at $37.16 and could be indicating the end of the 4 1/2 month stalemate in this stock.

Now, I'm not saying that this stock is going to skyrocket to the moon, but I do believe that the bulls have the upper hand and this stock will move higher in the weeks ahead.

It seems like Yahoo! Inc. (NASDAQ:YHOO) has been around forever, but it was first founded by Jerry Yang and David Filo in 1994. There have been quite a few changes to the company since that time. Marissa Mayer, previously from Google, was named president and CEO of Yahoo effective on July 17, 2012.

Yahoo! Inc. (NASDAQ:YHOO) operates as a technology company worldwide. The company offers search products, including Yahoo Search, that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktop. Continue reading "It's Time To Get Your Yahoo On" →

Use Stops To Protect Your Capital And Lock In Profits

Posted on by The INO.com Team

Stops are definitely important given the volatile conditions of today’s domestic and international economy. They are an enormously important part of a trader’s arsenal of trading tools and some traders confirm that stops are the most important part of their trading armor.

Learn more about using stops here.