Tag: euro

Is The Market Slide Over?

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 24th of September.

The four day slide in the DOW (INDEX:DJI) pulled this index back to a perfect 30.2% Fibonacci retracement, where the market found support. With our long and intermediate term Trade Triangles in a positive mode, I am looking for this and the other market indices to resume their upward trend. The headwinds are of course, funding of the federal government, tapering, Syria and Muslim extremism. Any of those events could spook the markets in the month of October.

Today, President Obama is speaking at the United Nations (now there is a misnomer). I'm not sure what that's going to do, as the UN has been a largely ineffective organization since its inception on 24th of October, 1945. The U.S., thanks to your tax dollars, funds 22% of the UN, China 5.15%, and Russia 2.5%.

Gold continues to struggle and the question is, is gold close to a major bottom? I will be examining gold, plus reporting on the following stocks in today's video report.

Apple (NASDAQ:AAPL)
Facebook (NASDAQ:FB)
Netflix (NASDAQ:NFLX)
Pandora Media (NYSE:P)
Tesla (NASDAQ:TSLA)

If you would like to leave a comment on anything I have discussed in today's video, we would love to get your feedback.

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

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

Apple Unleashes The New iPhones Today

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 20th of September.

Today, Apple (NASDAQ:AAPL) began to officially sell its new iPhones, the 5S and 5C, around the world. Long lines were reported in Europe, Asia and here in the States as Apple loyalists lined up to buy the latest and greatest from Apple.

Is Apple (NASDAQ:AAPL) going to sell as many of the new iPhones as it has in the past? I think so, many iPhone users myself included, did not upgrade to the iPhone 5 last time. I will be upgrading this time and trading in my 4S for a brand new, fingerprint ready 5S. I think many other Apple users will be doing the same thing in this new product update cycle.

On Wednesday, like many other iPhone users, I downloaded the new IOS7 operating system for the iPhone and iPad. I have to say the new interface is clean, pretty slick, beautifully designed and works like a charm. The good news for everyone is that Apple made this upgrade free of charge. Continue reading "Apple Unleashes The New iPhones Today" →

Bernanke Blinks And Addiction Goes On

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 19th of September.

I have been saying for some time that the Fed is not going to do anything until January 2014, when there will be a change in the chairmanship. It goes back to that fundamental human trait of "wanting everyone to like me." I think Ben Bernanke wants to be seen as a benevolent Fed chairman when he retires in 2014. This is classic Washington politics, where the Fed chairman gives a very gracious speech saying that it's been a challenge and he enjoyed his time as chairman of the Fed, but he'll leave out the part where it's not his problem now.

Whoever becomes the next Fed chairperson will face monumental challenges trying to extricate the country out of this spending binge and gluttony of cheap money. I suspect that had the Fed known they would be no further forward in 2014 when they took this quantitative easing course four years ago, they would have chosen another course of action to stimulate the economy.

Here is a quick question for you, how many zeros are in $1 trillion? Continue reading "Bernanke Blinks And Addiction Goes On" →

Here's A Little Stock That Is Primed For Big Gains

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 5th of September.

With all of the major indices in a choppy sideways pattern, it has become a stock picker's market. One stock that I like is Dollar General (NYSE:DG). This stock meets all of the criteria I look for in a stock:

1) It is in a strong uptrend.
2) It has just broken out to new highs.
3) It is coming from a strong base, capable of carrying it 20%+ higher.

Today, I will put Dollar General under a microscope and see if it is worthy of an investment.

Would you buy stock in Dollar General? Continue reading "Here's A Little Stock That Is Primed For Big Gains" →

Today's Video Update: Is Dennis Rodman Our Official Ambassador To North Korea? Maybe The White House Should Ask Him To Go To Syria; Crazier Things Have Been Known To Happen and It's Only Tuesday!

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 3rd of September.

Well, here we are in a brand new trading month and there is a lot going on. I think front and center we have to be concerned about Syria and what's going to happen. Speaker Boehner came out today and said he will support President Obama's action of limited engagement with Syria.

This attitude goes against three quarters of the American people who do not want to see any kind of intervention. Every poll I have seen indicates that most Americans do not want to be involved in Syria in anyway. Continue reading "Today's Video Update: Is Dennis Rodman Our Official Ambassador To North Korea? Maybe The White House Should Ask Him To Go To Syria; Crazier Things Have Been Known To Happen and It's Only Tuesday!" →