Tag: fibonacci resistance

Today's Video Update: Stocks Rise Ahead of 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 Monday, the 8th of July.

Earlier today we posed the question, "Are the odds in your favor for a up market in July?" Well, it certainly seems so, given this mornings trading action, all the indices are on the plus side of the ledger so far for the month.

Today's Profit Taking In The Crude Oil Market Doesn't Change The Trend
Crude oil is seeing a little bit of profit-taking coming into the market after its recent sharp run up. I have an upside target zone of $110 level for crude and I expect the upward trend to continue for a while longer. Look for any pullbacks to present buying opportunities rather than a shorting opportunity. The trend is clearly established to the upside, so trade accordingly. Continue reading "Today's Video Update: Stocks Rise Ahead of Earnings" →

Today's Video Update: Apple files for the iWatch trademark in Japan

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 1st of July.

Apple Files For a iWatch Trademark in Japan!
Shares of Apple jumped almost 4% on news that it had filed for a trademark in Japan. This is the best upside performance for Apple in over a week. Apple inturn is helping the NASDAQ gain for the day as well as helping the other indices.

The Strong Trend For Crude Oil Persists
Crude oil moved to its best levels in eight days and it appears poised to challenge the $99 a barrel level. Should this market move over that resistance point I can easily see this market quickly move to the $100 a barrel level. Continue reading "Today's Video Update: Apple files for the iWatch trademark in Japan" →

Today's Video Update: Fibonacci Had It Right!

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 28th of June.

Fibonacci Had It Right!
The recent recovery from the lows seen in the DOW at 14,548 retraced exactly to the Fibonacci points that I laid out in Wednesday's video. For the DOW that number was 15,041, the S&P retracement came in at 1,618 and the NASDAQ came in at 3,414. Continue reading "Today's Video Update: Fibonacci Had It Right!" →

Today's Video Update: Where Are The Buyers?

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 24th of June.

Everyone Wanted To Buy A Dip In This Market, So Where Are The Buyers?
One of the most fascinating parts of the market in my mind is the psychology of price movement. You can talk all you want about the fundamentals of a stock, future earnings, takeovers, financial forecasts, but it really comes down to PERCEPTION!!

Remember not so long ago everybody wanted to buy a 5% pullback in the stock market? Well, where are those buyers today? They have all but disappeared from the financial landscape. The reality is, market perception has gripped investors and taken over their minds. What the market is trading now is not stocks, it's money pure and simple. I warned our members three weeks ago that our Trade Triangle technology had given early warning signals for the major stock indices. We will be covering all the indices in today's video, so please tune in to get my latest thoughts on today's market. Continue reading "Today's Video Update: Where Are The Buyers?" →

Today's Video Update: Not A Good Week For The Bulls

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 21st of June.

Not A Good Week For The Bulls
Not a good week for market Bulls, but there were warning signs all around. Take a look at my early warning system video, it's free and hinted that all is not well with this market. In today's video update, I will be using our Fibonacci tool to measure how far the indices are likely to fall. Continue reading "Today's Video Update: Not A Good Week For The Bulls" →