Tag: euro

Today's Video Update: Apple Rocks With After-Hours Action

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 Wednesday, the 24th of July.

Yesterday, Apple (NASDAQ:AAPL) surprised analysts with better-than-expected iPhone sales, and indicated that it expects a "busy fall" with new products.

Apple CEO, Tim Cook, said in a statement, "We are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014."

In after-hours trading, the market voted with a dramatic 5% rally in Apple (NASDAQ:AAPL). If you haven't already watched my special report first published on 07/13/13 on Apple, watch it here.

Has Gold Run Out Of Gas?
I will be taking a closer look at Gold (FOREX:XAUUSDO) to see whether the Gold market has run into an important resistance level of $1,340. This could be where gold turns back down and we could see a correction back down to the $1,300 level. I will have in-depth coverage of gold in today's video report. Continue reading "Today's Video Update: Apple Rocks With After-Hours Action" →

Today's Video Update: Barbie Shows Her Age

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 22nd of July.

Has Barbie reached the age of retirement yet? Today we received a major cell signal in Mattel (NASDAQ:MAT), the makers of the Barbie doll. I will be analyzing this stock today and sharing with you just how low I think this stock can go. In addition to Mattel, I will also be analyzing the share price of Teva Pharmaceuticals (NYSE:TEVA) and Hess (NYSE:HES). Continue reading "Today's Video Update: Barbie Shows Her Age" →

Today's Video Update: Is the high price of crude oil going to torpedo the equity markets?

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 19th of July.

One piece of financial news that doesn't seem to generate a lot of press is the high price of crude oil. The price of crude oil has been sneaking up for the past month and is now fast approaching $110 a barrel. That equates to a 15% price hike for anyone driving or using any kind of products that use petroleum, like plastics, paint, roof shingles, cosmetics, tires, asphalt and many many more products that we use on a daily basis.

It is interesting to note that the Fed does not include energy or food items in its inflation index.

The question has to be asked, "is the high price of crude oil going to torpedo the equity markets?"

At the moment, it would appear as though the markets are ignoring crude oil prices and focusing on earnings. If the high price of crude oil continues, I would expect it will eventually catch the eyes of smart traders and could act as a catalyst for a market break. At the moment the torpedoes are in there tubes waiting to be fired.

With a target zone of $110 per barrel for crude, I see no reason to abandon long positions and want to hold firm for longer term traders. This market could be a classic weekend play. Watch today's video and I'll explain why.

Detroit Goes Belly Up And Gold Goes Nowhere
Despite the news that the fourth largest city in the US just declared Chapter 9 bankruptcy, gold prices barely moved. In fact, gold has been moribund for the last four weeks with all our Trade Triangles still in a bear mode.

If You Do Nothing Else This Month, Watch This Video

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Have a great trading day,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Bloomberg BNN CNBC FOX

Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.

Today's Video Update: Let's Face It, Bernanke Is A Wimp

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 Wednesday, the 17th of July.

Let's Face It, Bernanke Is A Wimp
To be fair to Fed chairman Bernanke, he is human and like all humans, he is not perfect. His weakness right now is he just wants to get through the rest of his term, which ends on the 14th of January 2014, and not rock the boat. I think if anyone has said that the QE program (yeah, printing money), now in it's fourth year, would take this long nobody would have believed it, including chairman Bernanke.

The reality is, QE looks like a trade that has gone bad and nobody wants to admit it. It was a bad bet (trade) the Fed made and they all have egg on their faces, but nobody from the Fed is ever going to say they made a mistake with the QE program, including Chairman Bernanke. Like I mentioned earlier, humans are known to make mistakes. Continue reading "Today's Video Update: Let's Face It, Bernanke Is A Wimp" →

Today's Video Update: It's The Weekend And We All Know What That Means

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 12th of July.

With record high closes in the DOW and the S&P 500 yesterday, this is not the time to be short the main indices going into this weekend. I will be using our 52-week high strategy to catch a quick move and you can see the rules on how to play in today's video.

The DOW triggered a Green Weekly Trade Triangle on 7/10/13 at 15,340.09 signaling a resumption of the uptrend.

The S&P 500 triggered a Green Weekly Trade Triangle on 7/10/13 at 1,654.19 signaling a resumption of the uptrend.

The NASDAQ triggered a Green Weekly Trade Triangle on 7/8/13 at 3,488.31 signaling a resumption of the uptrend.

On Monday, our weekly (intermediate trend) Trade Triangle kicked in and gave a resumption of trend buy signal for the NASDAQ index. The signal came in at 3,488.31 confirming that both the intermediate and longer-term trends are now in unison, signaling a move to the upside. Continue reading "Today's Video Update: It's The Weekend And We All Know What That Means" →