Is Now The Time To Buy Stocks?

That is the million-dollar question right now given the market action in the equity markets in the last few days. Is this a buying opportunity or has the market reached an important top? It's a very valid question and one I hope to address in today's video.

As I've said before, this is an aging bull market that has been supported in part by quantitative easing (QE) and a very accommodating stance by the Federal Reserve. The Federal Reserve has been thinking of raising interest rates for some time and the last time the Fed raised rates was in June 2006. Continue reading "Is Now The Time To Buy Stocks?"

Trends And Tipping Points For Apple, Alibaba And Twitter

Apple Inc. (NASDAQ:AAPL)

Yesterday, the 900-pound gorilla, Apple Inc. (NASDAQ:AAPL) reported earnings and by all accounts they were outstanding, far outpacing all of the pre-earnings estimates. But the reality is, the stock price barely moved and is up just 1.5% in today's early trading. I still believe that Apple is not out of the woods yet and it is yet to have any new blockbuster products or innovations.

The weekly and monthly Trade Triangles are indicating that Apple is in a trading range. The longer-term monthly Trade Triangle is red indicating the major trend remains negative. A tipping point for Apple on the downside would be a move below $109.50, that would turn all Trade Triangles red indicating a downward move. On the upside, Apple needs to move over $122.60 to reignite the bull trend. Continue reading "Trends And Tipping Points For Apple, Alibaba And Twitter"

Is Apple Going To Upset The Apple Cart And The Market?

I'm not sure how you're feeling, but I am feeling a little uneasy about where the market is trading particularly this week. Please don't misunderstand what I'm saying, I am not saying that the market is going to crash this week, nor am I saying that it is going to soar to new highs. It just all seems a little surreal and that's what is making me feel uneasy.

As I have mentioned before, the Trade Triangles are indicating a trading range scenario for the major indices. Intermediate-term traders should be on sidelines at this time. All of the major indices are close to butting up against resistance which should slow and halt any further upside progress from here.

Apple is set to report earnings

After the close on Tuesday, Apple Inc. (NASDAQ:AAPL) reports its Q3 earnings. This could be a game changer for Apple and also for the market. Judging by the market action especially today, I think the report is going to be somewhat neutral to negative and show little or no growth for their iPad and iPhone business. The Trade Triangles are saying that you should be on the sidelines right now and that's where I intend to be. The only thing that would move me off the sidelines is if I see a move below $109.50 either today or tomorrow. If that happens, then I'll want to be short going into the report.

Maybe that's why I am feeling a little uncomfortable this week about the market. Continue reading "Is Apple Going To Upset The Apple Cart And The Market?"

Two Stocks That Are Ready To Explode To The Upside

Hello MarketClub members everywhere, I hope you all had a great and restful weekend. It's the start of another trading week and we had a strong opening in the market. What's going on, aren't we supposed to be in a bear market?

We are in a bear market overall, but even bear markets have rallies. I believe that the current rally will fade and the market will once a gain resume its downward trend. In today's video, I will be showing you the exact points where I expect the market to fail on the upside.

I will also be looking at two stocks that I believe are ready to explode to the upside and defy the general market's overall negative tone. Continue reading "Two Stocks That Are Ready To Explode To The Upside"

Time To Short Apple?

I know to many Apple Inc. (NASDAQ:AAPL) fans, that probably sounds sacrilegious.

You may be thinking, "Adam has lost his mind, he must be thinking about another stock, surely not Apple." After all, they just announced two new iPhones and sold 13 million of them this past weekend. They are the leader in the smartphone market, coming out soon with their game-changing Apple TV and a bigger iPad. That is correct, but...

It's not that difficult to look at the market action in the stock and see that it is pathetic. All of that positive PR information comes out about Apple selling 13 million iPhones in a weekend, yet the stock goes down. What's with that? The PR people must be pulling their hair out thinking about what they can do next to push the stock up. One thing I love about Steve Jobs, the original Apple genius, was he didn't give much thought about the stock market. He was more interested in creating insane, cutting-edge products. The new regime at Apple is more interested in pushing the stock price up and being politically correct.

Also, the Apple Inc. (NASDAQ:AAPL) "act" is getting a little bit old and certainly Apple has not been able to innovate anything new in the past several years.

Even mega investor, Carl Icahn, can't believe that Apple's shares are not higher.

So what's going on with Apple? Continue reading "Time To Short Apple?"