Alibaba Group Holding Limited (NYSE:BABA) sprang to life with a buy signal today (5/21). After being in a prolonged sideways movement for the past 3.5 months, Alibaba gave a major trend change buy signal today with a green monthly Trade Triangle kicking in at $91.88.
A Fibonacci retracement of this stock would take it back to between $100.21 and $104.88. You would use this as your initial target zone.
Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
After the close of business today, Apple Inc. (NASDAQ:AAPL) and Yahoo! Inc. (NASDAQ:YHOO) will release their earnings. I thought it would be interesting to share with you how the Trade Triangles are positioned going into the release of their earnings.
As always, expectations are extremely high for Apple. But it's a different picture for Yahoo who is sitting on a $40 billion cash hoard from their stake in Alibaba.
The question will be, how many iPhones did Apple sell and how did the iMac perform in comparison to the previous quarter? Did people opt for the iPhone 6+ or did they simply go with the regular iPhone 6? Continue reading "Positions In Apple and Yahoo Before Today's Earnings"
Hello traders and MarketClub members everywhere. Today I'm going to look at 10 well-known, big name tech stocks. Some of these stocks are doing well and some are struggling. I'll analyze each of these stocks using a simple, time tested approach. I will be using several technical tools that you can use to determine which stocks to buy and which stocks you should avoid at all costs.
Out of the 10 stocks I will be analyzing, eight of them are traded on the NASDAQ and the remaining two on the NYSE. Here is a list of the stocks I will be zeroing in on, in alphabetical order:
Alibaba Group Holding Limited (NYSE:BABA)
Amazon.com Inc. (NASDAQ:AMZN)
eBay Inc. (NASDAQ:EBAY)
Facebook Inc. (NASDAQ:FB)
Google Inc. (NASDAQ:GOOG)
Groupon Inc. (NASDAQ:GRPN)
Netflix Inc. (NASDAQ:NFLX)
Starbucks Corp. (NASDAQ:SBUX)
Twitter Inc. (NYSE:TWTR)
Yahoo! Inc. (NASDAQ:YHOO)
My goal in today's video is to give you a clear picture of each of these stocks and share with you what I believe is the major direction for each of them.
As always, we value your opinion and your comments so please feel free to leave a comment below this post.
Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
Hello traders and MarketClub members everywhere, Happy Monday. It's a very happy Monday morning for Bill Ackman who owns 32% of Allergan's stock. I would also like to point out that it is a happy Monday for many MarketClub members who read on our blog over two months ago about this stock. I also did a special update on Allergan Inc. (NYSE:AGN) on October 31.
In today's video, I will be looking at the major indices, plus several stocks that are popping up on my radar screen today. These stocks include Apple Inc. (APPLE:AAPL), Alibaba Group Holding Limited (NYSE:BABA) and Facebook Inc. (NASDAQ:FB).
Did you take advantage of Apple's new 52 week high with our 52-week high on a Friday rule? It looks to be heading higher today.
As always, we welcome your comments below on what videos so you would like to see in order for us to provide you with the best type of information that you would like to see. If you have questions about the markets, let us know what they are in your comments.
Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
Something about the deal smelled fishy.
China Marine Food Group Ltd., a Chinese company then on the New York Stock Exchange, spent $27 million in January 2010 to acquire a firm whose main asset was "algae-based drink know-how." The weird thing: Three months earlier, the beverage formula had been valued below $8,800.
But when the U.S. Securities and Exchange Commission tried to review the deal, it got nowhere. The company's Chinese accounting firm refused to provide documents. And the SEC has been stymied since.
And China Marine? Its share price topped $8 in 2010. It's now around 12 cents.
The case represents a cautionary tale for investors eager to invest in Chinese companies on American exchanges. Chinese companies like Alibaba Group Holding Limited (NYSE:BABA), whose initial public offering this year set a record high, operate under lax standards compared with other stocks on U.S. exchanges. That means higher risks for investors. Continue reading "Why Investing In Chinese Stocks Can Leave Investors Vulnerable To Risk"
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