Today's Video Newsletter: Apple implodes, Netflix explodes, and Starbucks reports after the bell

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 24th of January.

The news after the bell yesterday was not so good for Apple. In after hours trading, Apple plunged down over 10%, losing over $40 billion its value in a little less than 90 minutes! To put that in perspective, Apple's loss of $40 billion in shareholders' value was greater than the total value of Wells Fargo Bank! Our Trade Triangle technology nailed Apple stock months ago and signaled its move to the downside. Continue reading "Today's Video Newsletter: Apple implodes, Netflix explodes, and Starbucks reports after the bell"

Today's MarketClub TV: Apple reports earnings after the close … and the world waits

Hello traders everywhere! Adam Hewison here, President of INO.com and co-founder of MarketClub with MarketClub TV for Wednesday, the 23rd of January.

After the bell today, Apple reports its fourth-quarter earnings and it could be a surprise. The stock is very close to its recent lows of $488, which represents a 61.8% Fibonacci retracement from the highs around $700 a share.

Can Apple regain its mojo? Will a perceived poor earnings report overcome the current negative attitude that has driven this stock down to the basement?

Any rally in an Apple surprise should be viewed as a "dead cat bounce" in a longer term downtrend. The waiting will be over after the bell. Continue reading "Today's MarketClub TV: Apple reports earnings after the close … and the world waits"

Today's Video Newsletter: Google reports after the bell … and it could be a shocker!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 22nd of January.

After the bell today, Google reports its fourth-quarter earnings and it could be a shocker. The stock is very close to its previous highs, and one could argue that it is up against technical resistance. Can today's earnings report overcome the resistance and turbo drive this stock's trend?

We are going to be looking at Google closely today and giving you our assessment and what we think will happen to it based on this afternoon's report. We will also be sharing our thoughts on FaceBook, which could steal a lot of Google's thunder in the months ahead.

On Wednesday, Apple reports its Q4 earnings and this could be another big shocker for the market. With its stock down 27% from the highs, things aren't looking so peachy for this once golden apple. We will cover this stock in our video today. Continue reading "Today's Video Newsletter: Google reports after the bell … and it could be a shocker!"

Today's Video Newsletter: Crude Oil makes its move, Apple falters, and Facebook gets primed

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 18th of January.

Looks like gas is going to start getting more expensive, a lot more expensive. Yesterday, the crude oil market broke above some important key technical levels according to our Trade Triangles. Crude oil also broke through a long term negative trend line. We now expect crude oil to make its way up to the $100 a barrel level. This will translate into much higher gas prices at the pump.

Whether this changes the current positive market climate for stocks remains to be seen, but as always, we will rely on our tried and trusted Trade Triangle technology to show us the way.

We will also be taking a close look at Apple today. Should we see this stock close below $500 a share, it will be the first time that Apple has closed on a Friday below $500 in almost a year, not a good sign for this market. Continue reading "Today's Video Newsletter: Crude Oil makes its move, Apple falters, and Facebook gets primed"

Today's Video Update: I have never been called a "chart monkey" before on live television

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 17th of January.

I just got back from New York late last night after doing some guest appearances on CNBC and Bloomberg television. It was in the latter show on Bloomberg TV doing a "Street Fighters" segment that Marshall Auerbach called technical traders "chart following monkeys". That's when all H*LL broke loose. Watch the video segment here.

Do you remember last week on MarketClub TV we were talking about the potential set up in crude oil? Well it looks like all systems are go this morning. The down trend line has been broken to the upside and our Trade Triangles are +100, indicating a strong trend to the upside for this commodity. Continue reading "Today's Video Update: I have never been called a "chart monkey" before on live television"