Tag: euro

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

Posted on by The INO.com Team

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" →

Today's Video Update: J.C. Penney & Sears report earnings this week...guess which one I'm interested in?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 16th of August.

The meltdown last week, the worst in 14 month for the markets, was not a good one for most investors, but it was not unexpected based on our Trade Triangle technology. This week, it's a whole new picture for the markets as we have earnings coming out on some big box retailers, JC Penney (NYSE:JCP) on Tuesday and Sears (NASDAQ:SHLD) on Thursday. Continue reading "Today's Video Update: J.C. Penney & Sears report earnings this week...guess which one I'm interested in?" →

Today's Daily Update: Is Gold Indicating Trouble Ahead?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 16th of August.

As another trading week comes to a close, it is worth noting that gold is closing at a nine week high for a Friday. I believe that this is a significant event, and believe that gold has now put in a base to move higher later this year and next year.

It's a little ironic that hedge fund traders, like George Soros, recently divested themselves of their long gold positions, as it now appears that the market has put in a major base and wants to move higher. Continue reading "Today's Daily Update: Is Gold Indicating Trouble Ahead?" →

Today's Video Update: Never Do What This Once Smart Hedge Fund Manager Did

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 13th of August.

Never Do What This Once Smart Hedge Fund Manager Did - Not Once, But Twice!
Oh my, where do I start? This once smart hedge fund manager used to be good, so why did they make some unbelievable rookie mistakes?

What were these rookie mistakes?
1. No money management.
2. Picking a very public argument with someone in the business who is bigger, more powerful and swings a bigger axe. Continue reading "Today's Video Update: Never Do What This Once Smart Hedge Fund Manager Did" →

Today's Video Update: Is this the top of the market?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 6th of August.

Every Market Deserves To Rest Once In A While
The indices appear to be on the defensive today, however that's not say we have reached a top or that the trend has changed from positive to negative. Trend changes tend to take time and usually don't happen overnight. For myself, the "line in the sand" on the DOW (INDEX:DJI) is the 15,400 level. It is at that level where I would exit my long position and move to the sidelines and await the next signal. Moving to the sidelines does not change the bigger trend picture for the DOW. I still remain long-term bullish, providing that the monthly Trade Triangle remains in the green column. Continue reading "Today's Video Update: Is this the top of the market?" →