How The Oscars May Affect The Way You Look At The Markets

This past weekend I saw a great movie titled, The Imitation Game starring Benedict Cumberbatch and Keira Knightley, both of whom are nominated for Academy Awards, as is the movie itself.

The Imitation Game chronicles the life of Alan Turing, who is largely credited with developing the computers we use today. The story revolves around the incredible work that was done at Bletchley Park in England to break the German Enigma code. At the time, the Enigma code and machine were thought to be unbreakable. The breaking of this code helped shorten and end the war. Otherwise, I would be writing this post in German and not English (I was born in England right after WW2).

If you haven't seen the movie, I highly recommend seeing it and witnessing the extraordinary genius of a remarkable man named Alan Turing.

Why would I discuss and recommend a movie when MarketClub and INO.com are financial websites dealing with stocks and futures? The reason I bring this up is because I wanted to share with you some math today that can help you in the market.

Now don't worry this is not high-level mathematics, it has more to do with a remarkable sequence of numbers known as the Fibonacci sequence. Continue reading "How The Oscars May Affect The Way You Look At The Markets"

The Next Bombshell To Hit The Markets ... Greece

The big news of this past week has to be the Swiss National Bank (SNB) parting ways with the euro. Make no mistake about it, this was a game changer and the ramifications of SNB's actions will be felt for a long time to come.

The next big game changer will be Greece exiting out of the Euro and going back to its old currency the Greek drachma. It may not happen next week, or next month, but it will happen.

On to the markets - it has been quite a week for the indices, with the DOW, S&P 500 and NASDAQ all down over 2%. The strong downtrend in crude oil was unabated, with crude closing down the week with a loss of 3%. The only two positives of the week, are the dollar index, which closed the week with a gain of 0.7% and gold which climbed to its best levels in over four months with a gain of 3.16% for the week. Continue reading "The Next Bombshell To Hit The Markets ... Greece"

A Game Plan To Make Money In 2015

One of the things I find fascinating about trading and investing is that the majority of traders do not have any kind of game plan or strategy to navigate the markets and make money. They just sort of wing it. Imagine going across the country where you are not familiar with the roads. You could wing it, but why would you when you have a GPS in your smartphone giving you directions. Traders who wing it in the markets tend to listen to all the market rumors and noise that’s out there and can miss the big moves. They bounce around like a pinball from one idea to the next, hoping to hit it big in the markets. The chance of making money like that is not good.

Imagine having a financial "GPS", much like your smartphone, that keeps you on track to accumulate steady gains year in and year out. Imagine how much happier that would make you feel and how much faster you would reach your financial goals.

In today's short video, I'm going to share with you all the ins and outs of creating and employing a game plan that you can put to work right away. This simple game plan is easy to use, makes sense and can easily be incorporated into any portfolio.

So just like the GPS on your smartphone, let this financial "GPS" work for you and show you the pathway to an easier life and a potential world of profits.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

3 Stocks That Deserve Your Immediate Attention

One of the tools I really like about MarketClub is the Trade Triangle technology. Yesterday, the Trade Triangles alerted me to three potential stocks that could become big winners in the near term. Each of these three stocks flashed major buy signals on Monday, based on the monthly Trade Triangle indicator.

What is also interesting, is the fact that each of these three stocks are coming from powerful chart formations. The technical picture augers very well for these stocks to continue their upward trend.

In today's short video, I'll focus on each of these stocks and show you what the potential is on the upside. I'll also share with you the risk to the downside.

Always remember, there are no guarantees in trading. I'm sure you know that by now. If you don't, consider yourself educated with the truth.

As always I appreciate your feedback and comments below every blog posting. You can agree or disagree with my findings, but do share with us your reasons why.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Last Week's Volatility Could Be A Harbinger Of Things To Come

There's a war going on right now and I don't mean overseas, I mean right here in the markets. Last week was a perfect example as the intraday swings of the S&P500 clocked in at a staggering 6.5%. Market volatility often is a precursor of things to come, and the irony of all this action was that the market closed with a loss of -0.65% for the week.

The net weekly change for the DOW was -0.53% and there was an even smaller loss of -0.42% for the NASDAQ. All three indices formed an important Japanese candlestick pattern, a weekly doji candle. Why is this important? A doji candlestick often signals indecision in the market. When the doji forms in an uptrend or downtrend, this is normally seen as significant, as it is a signal that the buyers are losing conviction when formed in an uptrend and a signal that sellers are losing conviction if seen in a downtrend.

What To Watch For This Week

A lower weekly close would indicate to me that the buyers are beginning lose control of this aging bull market. Here is the "line in the sand" for each of the indices that I am watching. Once below this line, watch for heavy liquidation to come in across the board.

DOW: 17.262
S&P500: 1,992
NASDAQ: 4.090

Gold Is Now Officially On The Move

You might remember on January 7th, I wrote a post on gold (FOREX:XAUUSDO) and the key neckline level. The key neckline in gold was broken to the upside last Friday when gold closed out the week with a very positive 2.9% gain. I now have a confirmed upside target zone of $1,340, which equates to about $132-$134 on the ETF, GLD. To follow all of the entry and exit points for gold, check in daily with the World Cup Portfolio. Continue reading "Last Week's Volatility Could Be A Harbinger Of Things To Come"