Tag: Mid-Day Report

The Best Is Yet To Come

Posted on by The INO.com Team

Hello MarketClub members everywhere. Looking at the markets, it seems to me that the best is yet to come. What I mean by that is I think that the equity markets can still go higher, a lot higher based on the Trade Triangles and the technical formations on the charts.

MarketClub's Mid-day Market Report

In today's video update I will be looking at all three major indices and sharing with you exactly how high I think one index is heading and one to avoid.

I will also be analyzing the gold (FOREX:XAUUSDO) market which closed out the week on a very positive note. This week could be a key week for gold and gold stocks in particular. I will give you my reasons why you should be paying close attention to gold right now.

Has crude oil (NYMEX:CL.U16.E) reached a crucial Fibonacci retracement level? What crude does at this stage is crucial to its future direction.

Stay focused and disciplined.

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

Stocks Take A Breather

Posted on by The INO.com Team

Hello MarketClub members everywhere. Stocks are fluctuating near all-time highs as investors weigh the prospects for further gains after mixed corporate earnings from companies including Netflix Inc. (NASDAQ:NFLX), Johnson & Johnson (NYSE:JNJ) and The Goldman Sachs Group Inc.(NYSE:GS).

MarketClub's Mid-day Market Report

Key levels to watch this week: Continue reading "Stocks Take A Breather" →

Today's Big Trends and Opportunities

Posted on by The INO.com Team

Hello MarketClub members everywhere. In today's video update, I'm going to look at some of the big trends I see in the markets and analyze the power and depth of each them.

MarketClub's Mid-day Market Report

Let's begin with the major indices - it seems like eons ago that the world was going to h*ll and a hand basket with Great Britain's vote to exit the EU or as it was popularly known a Brexit. In a little over three weeks all the major indices have recovered and are trending higher. It just proves once again that the market eventually gets it right. Continue reading "Today's Big Trends and Opportunities" →

Cuda, Woulda, Shoulda

Posted on by The INO.com Team

Hello MarketClub members everywhere. Okay, so what's with Cuda, Woulda, Shoulda?

Well, the first one, Cuda is the symbol for Barracuda Networks Inc. (NYSE:CUDA) which is looking very positive in my eyes. With all Trade Triangles green and trending higher it looks as though this market has every opportunity to move higher.

MarketClub's Mid-day Market Report

A little over a year ago Barracuda Networks was trading over $45 a share and currently is trading just below $20. The potential for this stock to move at least into the $30 area is quite high in my opinion as that represents a 50% Fibonacci retracement. Now I'm not advocating jumping and buying the stock today as I would like to see some consolidation. It will be a buy if it pulls back to the $18.60 level which is the monthly Trade Triangle entry signal. Continue reading "Cuda, Woulda, Shoulda" →

Can Cheap Money Continue To Drive The Market?

Posted on by The INO.com Team

Hello MarketClub members everywhere. Once again it falls on the shoulders of the Federal Reserve to keep monetary policy loose. With expectations of 4 rate hikes in 2016, we are down to one at this moment in time. I doubt that the Fed has it in them to raise rates again in 2016, which means that 2017 is going to be a reset year for America. Not only are we going to see a new president, but the likely hood is we are going to see a reset of interest rate here in the US.

MarketClub's Mid-day Market Report

Last week, the surprise was the non-farm payroll figure showing 287,000 jobs created compared to 175,000 forecast. Look for this number to be revised downward in the future. The non-farm payroll figure was enough to jump start the equity markets pushing the S&P 500 (CME:SP500) to close within a point lower than its best ever close on May 21st, 2015 at 2,130.82. The DOW (INDEX:DJI) followed but was unable to overcome its highs at 18,351.36 on May 20th, 2015. Both of these indices are now in a positive mode according to the Trade Triangles. The only laggard in the group is the NASDAQ (NASDAQ:COMP) index which has moved into a neutral mode requiring a sideline position. Continue reading "Can Cheap Money Continue To Drive The Market?" →