Today's Video Update: Countdown To Syria And Other Important Market Elements

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 28th of August.

Countdown To Syria
There's no doubt about it, yesterday's news that the US was going to have a military response to Syria spooked the markets and sent the indices to their biggest loss in some time. Today, the markets are digesting what they went through yesterday. Of course, there are winners and losers in any economy, and tools like MarketClub's Trade Triangles can help you know when to hold and when to fold. Yesterday, I shared with you a major sell signal in Walmart (NYSE:WMT), potentially because of higher oil prices that are on the way. Continue reading "Today's Video Update: Countdown To Syria And Other Important Market Elements"

Today's Video Update: Syria Shakes The Market

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 27th of August.

Syria Shakes The Market
Reading the news this morning, I see that we're going to strike Syria with cruise missiles and bombs as early as Thursday. How nice of us to announce what we are going to do in advance. No one knows what is going to happen when and if these events occur. All we can go on is the collective judgment of the market.

Bill Ackman Surrenders
Bill Ackman finally surrenders and shows how you can lose $500 million on a trade. In my humble opinion, activist investors should not be getting into old-style retail marketing stores like JC Penney (NYSE:JCP). Continue reading "Today's Video Update: Syria Shakes The Market"

Today's Video Update: Amgen moves into the big business of cancer drugs

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 26th of August.

The big news today is that Amgen (NASDAQ:AMGN) has agreed to buy Onyx Pharmaceuticals (NASDAQ:ONXX) for $10.4 billion. Amgen, the world's biggest biotechnology company, was missing from one of the biggest and fastest growing markets, cancer drugs. With the acquisition of Onyx Pharmaceuticals, Amgen will gain access to the company's three anticancer treatments. I will be analyzing Amgen today using our Trade Triangle technology and will share with you the trading results for the year so far. Continue reading "Today's Video Update: Amgen moves into the big business of cancer drugs"

Today's Video Update: Steve Ballmer calls it quits

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 23rd of August.

The big news today of course is the announcement from Microsoft (NASDAQ:MSFT) CEO, Steve Ballmer, that he's going to retire within the next 12 months. The news was enough to send the stock of Microsoft up over 7%, which is good news for shareholders.

In my opinion, one of the major reasons why the stock of Microsoft (NASDAQ:MSFT) has been unable to get going over the last decade is its failure to execute on any of the new technologies. Whether its online, mobile, phones, tablets or Windows 8, all of these efforts proved to be disappointments to investors and the market in general. Continue reading "Today's Video Update: Steve Ballmer calls it quits"

Today's Video Update: Tears for Sears after disappointing earnings

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 22nd of August.

What is it with these hedge fund managers who think that because they have been successful in one field, they can now go into managing big retail brick-and-mortar stores?

In my opinion, part of it has to do with ego and part of it has to do with what I call "walk-on-water-itis." This ego symptom is when you believe that you can't do anything wrong and that you're gifted with special talents. That is what I think happened to both Bill Ackman, who took JC Penney (NYSE:JCP) down the toilet, and Eddie Lampert, who is doing a pretty good job of the same thing to Sears (NASDAQ:SHLD). Continue reading "Today's Video Update: Tears for Sears after disappointing earnings"