The Hidden Jewel In MarketClub

As we begin the second quarter of 2014, I want to bring to your attention one of the "hidden jewels" of MarketClub.

A Portfolio With Results!

MarketClub's World Cup Portfolio (WCP) has never had a losing year in the 6 1/2 years that we have been tracking this portfolio.

When this portfolio was constructed almost 7 years ago, it was designed to include common elements that we thought would be important to the world. With an ever-expanding population worldwide, food is going to continue to be a major item. Likewise energy is going to play an increasingly important element in the world's economy. Over the years, the Dollar has also had its ups and downs and provided some great opportunities. Lastly, we looked at a store of value that has been in place since time begun and that is why we wanted to be actively involved in the movement of gold.

With these core components in place, the World Cup Portfolio was born. It was intended to be part of an overall bigger portfolio, but can function as a stand-alone portfolio. Continue reading "The Hidden Jewel In MarketClub"

Apple Is Trending Higher While Amazon Is Trending Lower, Why?

Yesterday, the Trade Triangle technology flashed two important signals for two major stocks.

Apple (NASDAQ:AAPL) triggered a new green weekly Trade Triangle, signaling that the upward trend was resuming. This signal pushed all of Apple’s Trade Triangles into the green column, indicating that higher prices could be ahead for this stock.

Amazon (NASDAQ:AMZN) triggered a new red weekly Trade Triangle, indicating prices should be going lower. This signal pushed all of Amazon’s Trade Triangles into the red column, suggesting downside pressure is ahead for this stock.

Apple (NASDAQ:AAPL) - Major Trend Bullish

New Green Weekly Trade Triangle on 3/24/14 at $539.66

Apple, who has enjoyed remarkable "rock star status" in the past, has really fallen into a sort of pedestrian-type mentality and doesn't seem to have the cachet that it once enjoyed. However, the chart formation that Apple is coming out of indicates the potential for another big move up to the $700 a share level. Perhaps this has to do with the potential partnership with Comcast or some new technology that we have yet to see.

I like the overall chart pattern on Apple and the continuation Trade Triangle breakout to the upside. I also like the fact that the major support, which was the previous high seen in September of last year, also represented a major Fibonacci support zone for this stock. My analysis on Apple would change should it move below the $520 level and major support at $500.

Amazon (NASDAQ:AMZN) - Major Trend Bearish

New Red Weekly Trade Triangle on 3/24/14 at $354.48

Continue reading "Apple Is Trending Higher While Amazon Is Trending Lower, Why?"

Is Bitcoin The New Gold Standard?

The last month or so has been an interesting one for Bitcoin (BITCOIN:BITSTAMPUSD) believers. No doubt you have heard about the collapse of Mt.Gox, the largest Bitcoin exchange in the world and the missing millions.

If the collapse of the Mt.Gox exchange was not enough, Newsweek announced to the world that they have tracked down the mystery man who they claim invented Bitcoin. The gentleman’s name is Satoshi Nakamoto and it has long been assumed to be the pseudonym for the man (or woman) who created Bitcoin. Satoshi Nakamoto subsequently denied that he was the brains behind Bitcoin, so the mystery continues, or does it? You would think with a major Bitcoin exchange collapsing, all the controversy and lost funds, Bitcoin would have collapsed to zero, as everyone rushes to cash out their virtual currency.

But oh no, the opposite appears to be happening when you view the recent Bitcoin (BITCOIN:BITSTAMPUSD) market action. One thing is for sure, the Bitcoin market is not going down anytime soon based on the technical charts that I look at.

This is a follow up post to my earlier Bitcoin post. Now you can see Bitcoin charts and quotes on MarketClub and on our public website, INO.com. The truth is, Bitcoin trades just like any other market, including gold.

Is Bitcoin the new gold standard?

Chart Legend & Technical Picture For BITSTAMPUSD (Black Numbers)

1. Classic base
2. Classic chart breakout
3. Double top
4. Double bottom
5. Downtrend line
6. Double bottom
7. Watch for breakout
8. Trade Triangles

Bitcoin (BITCOIN:BITSTAMPUSD) technically looks a lot like gold did after it made its double bottom last December. The key level to watch in this market is a break over (5) on the chart. Any move over $700 should be viewed as extremely bullish for Bitcoin, signalling a move to test the $1,000 area.

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

Is The Gold Move Over?

I have had a number of requests to update my January 3rd special report on gold. Since that report, gold has rallied $150 from the lows that were seen in late December 2013.

On January 3rd, I outlined what I thought was going to happen to Gold (FOREX:XAUUSDO) and I was very happy to see that scenario play out for both our members and myself. Since that date I have seen a number of factors play into the market, the biggest being the events in the Ukraine right now.

One fact I wanted to share with you, which I found surprising and did not know, was the fact that Indian housewives hold 11% of the world's gold. That is more than the reserves of the USA, IMF, Switzerland and Germany put together. Now, there’s a bit of trivia to impress your friend with. Continue reading "Is The Gold Move Over?"

Coffee - Starbucks' Achilles' Heel

Today, I am going to be analyzing the relationship between Starbucks Corp. (NASDAQ:SBUX) and its main raw commodity, coffee beans.

Let me start off by saying that I really like Starbucks and the coffee it sells. In fact, my favorite drink at Starbucks is a Venti Coffee Frappuccino with one third the ice, blended five times.

Major Challenges

Starbucks faces a major challenge, one it cannot control - the price of its major commodity, coffee.

With one of the worst droughts in history hitting Brazil's coffee belt region, it is rapidly pushing prices higher. This is no ordinary drought as it is forcing more than 140 cities in Brazil to ration water. Reports in Brazilian newspapers indicate that some neighborhoods are receiving water only every three days. This is serious, as Brazil produces most of the world's coffee.

With Coffee (NYBOT:KC.H14.E) prices at 14-month highs, there is little to suggest that this trend is going to change any time soon. It would appear as though early predictions are indicating that coffee supplies could be 5 million bags lower than consumption for the 2014–2015 season. Continue reading "Coffee - Starbucks' Achilles' Heel"