Apple's iPhone, Germany, the Fed: Why It's All Irrelevant to the Market's Trend

A lot of people know that R.N. Elliott discovered the Wave Principle.

Yet few are aware that Elliott made another observation during his years of studying the stock market.

As the Wave Principle forecasts the different phases or segments of a cycle, the experienced student will find that current news or happenings, or even decrees or acts of government, seem to have but little effect, if any, upon the course of the cycle. It is true that sometimes unexpected news or sudden events, particularly those of a highly emotional nature, may extend or curtail the length of travel between corrections, but the number of waves or underlying rhythmic regularity of the market remains constant [emphasis added].

R.N. Elliott, R.N. Elliott's Masterworks, pp. 158-159

What a stunning insight: Even major news does not alter the market's main wave pattern! This seems to defy logic because most people believe that news and events are the very things that drive the stock market. Continue reading "Apple's iPhone, Germany, the Fed: Why It's All Irrelevant to the Market's Trend"

Apple Earnings Miss

(AP:NEW YORK) Apple says its growth slowed in the most recent quarter, disappointing investors who thought its progress was unstoppable.

In both revenue and net income, Apple Inc. posted the smallest increases in years for the April to June period, failing to meet analyst expectations.

Net income in the fiscal fourth quarter was $8.8 billion, or $9.32 per share. That was up 21 percent from $7.3 billion, or $7.79 per share, a year ago. Continue reading "Apple Earnings Miss"

We Hit The Exit Button On Apple

Hello MarketClub members everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 16th of April.

We Hit The Exit Button On Apple

Our weekly Trade Triangle kicked in today for AAPL, alerting intermediate traders to exit this amazing stock.

DailyXchange
Here is your opportunity to share charts, markets, and what you are seeing with our Trade Triangle technology or any other technical indicators with your fellow MarketClub members. So post and prosper! Continue reading "We Hit The Exit Button On Apple"

"One last thing ...thank you, Steve Jobs"

It is so hard, but this is from the heart.

One of my heroes, a genuine American genius has passed away this evening. I am referring to  Steve  Jobs,  who created so much of the technology and innovation that we enjoy and use everyday in our lives.

It was thanks to Steve, that I was able to write my book,  "Right on the Money".  It was thanks to Steve, and the technologies he created and championed, that I was able to make the successful  transition to the digital world.

I'm not sure why I feel so sad, I never met Steve personally, but I felt, I knew him through the technologies he created.  I'm not sure why, surrounded by my iPhone, iPad2 and my MacBook Pro,  all of which  are basically hardware and software, that I miss the heartbeat of Apple. Unless you are an Apple fan, you will not have the same feeling, I have this evening. Thanks to Steve, I feel a connection through the technology he created and believed in.

I feel an enormous loss and void this evening, but I'm not sure how I can explain that to you in words. I was not related to Steve, nor as I said earlier, did I know him personally.  None the less there is a profound sense of loss and sadness that I feel  for Steve and his family,  and the technology world.  Steve passed away at the top of his game, but too early.

I'm sure they're going to be a lot more eloquent tributes to Steve, but this one's from the heart. Thank you Steve, for all that you gave the world. You were the equivalent of a Einstein or a Henry Ford in my mind.  You were a true American maverick, and I will miss,  and forever treasure the technology you created and shared with the rest of the world.

As Steve would say, "One last thing ..."

Thank you,
Adam Hewison
President, INO.com
Cofounder MarketClub.com

Forget everything you have ever learned about stock trading, this tried-and-true method makes money.

Forget what you have learned about stock trading … Stick to this tried-and-true method of trading and make money.

Hi everyone,

Adam Hewison here for MarketClub.com.

I just recently posted about our success with the crude oil market, and wanted to share what we had done in the stock market as well.

Three years ago, I created a video about learning how to trade stocks in 90 seconds. People laughed at us, but they’re not laughing anymore as huge profits continue to pile up in stock after stock, thanks to this tried-and-true method of trading.

Continue reading "Forget everything you have ever learned about stock trading, this tried-and-true method makes money."