Tag: adam hewison

In-Depth Analysis : Texas Instruments Inc. (NASDAQ:TXN)

Posted on by The INO.com Team

Today, I'm going to be looking into the stock of Texas Instruments Inc. (NASDAQ:TXN). I found this stock using MarketClub’s Trade Triangles scan, scanning for new weekly Trade Triangles. Since the monthly Trade Triangle was already green, the new green weekly Trade Triangle today is an indication that the intermediate term trend is now in sync with the long term uptrend. It indicates that all systems are go and the upward trend has resumed for Texas Instruments.

This in-depth analysis of Texas Instruments Inc. (NASDAQ:TXN) is for educational purposes only. I am seeing certain technical elements that are falling in place that look extremely promising for this stock.

What Does This Company Do?

Texas Instruments Incorporated engages in the design, manufacture, and sale of semiconductors to electronics designers and manufacturers worldwide. Continue reading "In-Depth Analysis : Texas Instruments Inc. (NASDAQ:TXN)" →

Starbucks Corp. (NASDAQ:SBUX) Under The Microscope

Posted on by The INO.com Team

Let me start off by saying that I think Starbucks Corp.(NASDAQ:SBUX) makes a great cup of coffee and provides a very good service. Having said that, I don't like the stock of Starbucks right now.

Today a monthly red Trade Triangle triggered, which is the first monthly Trade Triangle we have had in 14 months. This is a significant technical development and it indicates changes in the picture and direction of Starbucks and should not be ignored. Continue reading "Starbucks Corp. (NASDAQ:SBUX) Under The Microscope" →

Has Yahoo! Inc. (NASADAQ:YHOO) Lost Its Mojo?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Friday, the 17th of January.

The stock of the Yahoo (NASDAQ:YHOO) has had enjoyed a spectacular rise under the leadership of Marissa Mayer over the last 2 years. After chopping around the $12 to $13 level for much of 2009 to 2011, Yahoo took off on September 5, 2012 from $16.37 and stayed in a strong uptrend. It made a high of $41.72 on January 8, 2014.

This analysis of Yahoo! Inc.(NASDAQ:YHOO) is not to say the stock can’t go higher, perhaps later in the year, but rather noting certain technical elements that are falling in place that do not look good for this stock.

What Does This Company Do?

Yahoo! Inc.(NASDAQ:YHOO), a technology company, provides search, content, and communication tools on the Web and on mobile devices worldwide. Continue reading "Has Yahoo! Inc. (NASADAQ:YHOO) Lost Its Mojo?" →

Best Buy (NYSE:BBY) Implodes

Posted on by The INO.com Team

Best Buy Co., Inc. (NYSE:BBY) was one of the top performing stocks in 2013. Best Buy (NYSE:BBY) reported on Thursday that total revenue and sales at its established US stores fell in the all-important holiday season due to intense discounting by rivals, supply problems for key products and generally weaker traffic in December. After starting out the trading year of 2013 at $12, this stock performed like the energizer bunny and kept going and going and going for most of the year. It hit a high of $44.60 on November 13th, a month before the all-important holiday season reality set in.

What Does This Company Do?

Best Buy Co., Inc.(NYSE:BBY) operates as an e-commerce and physical retailer of consumer electronics in the United States, Europe, Canada, and China.

Was Best Buy's Implosion Predictable?

No one can predict with 100% certainty what's going to happen in any given market. What technical analysis can do, and does do very well, is put the odds in your favor and give you a high degree of confidence that something is going to happen. It also acts to protect your capital when things go wrong in a market. That is done through the use of money management and discipline, both of which I talk about frequently on this blog. Let me illustrate for you how two simple technical tools would have helped you avoid today's disaster in Best Buy. Continue reading "Best Buy (NYSE:BBY) Implodes" →

Dollar Tree, Inc. (NASDAQ:DLTR) Under The Microscope

Posted on by The INO.com Team

Today, I'm going to be analyzing Dollar Tree, Inc.(NASDAQ:DLTR). Dollar Tree has had enjoyed a spectacular rise over the last 5 years. After trading below $7 in January of 2008, this stock stayed in a pretty convincing uptrend and made an all-time high of $60.19 on October 21, 2013.

This in-depth analysis of Dollar Tree is not to say the stock can’t go higher, perhaps later in the year, but rather noting certain technical elements that are falling in place that do not look good for this stock. You only have to look back at stocks like Netflix and Apple to see how they can have spectacular falls from all-time highs and still come back.

Not shown on today's chart are 2 negative engulfing lines that occurred in the past 9 weeks on the weekly chart. That is another bad technical sign for this market.

What Does This Company Do?

Continue reading "Dollar Tree, Inc. (NASDAQ:DLTR) Under The Microscope" →