Tag: nasdaq

It's Friday... Are you in or out?

Posted on by The INO.com Team

It's Friday* and a day when many traders are considering how to deal with their positions over the weekend. How comfortable or uncomfortable are you going home with a position? There are some strategies hinged on this notion, one of which we discussed in a very popular earlier video which you can click here to watch.

During the week you continually have rumors, reports, and market action as well as a host of other things that affect the market. I consider the close on Friday to be the most important close of the week. It provides invaluable insight into what is going on in the markets as well as an easy way to analyze the market.

This is what I do, I write down the previous Friday's close in the markets that I am interested in. For illustration purposes today I'm just going to include five markets. They are: S&P 500, Dow, NASDAQ, gold and crude oil.

Last week the closing numbers on Friday, June 4th were as follows: Continue reading "It's Friday... Are you in or out?" →

The battle between the Bulls and Bears

Posted on by The INO.com Team

The battle between the Bulls and Bears continues with very choppy trading action. The rally from a potential double bottom is cause for concern for the Bears, however the Bulls are in a similar situation as they have to prove their case with sustained market action.

In my new video, I outline some of the key levels that I think are important in the S&P 500 market. Volume continues to to be light and that is why the markets are moving around and are so volatile at the moment.

This is my first video since returning from holiday in France, but expect many more as the market rotates.

If you'd like to comment on this video, please visit our blog and make your views known.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

The Market Bulls Will Throw In The Towel At These Levels

Posted on by The INO.com Team

Down Chart

This month is shaping up to be a strong negative month for the global equity markets. The S&P 500 is down a whopping 11.34% for the month and 3.9% on the year. The DOW is a little better-down only 9.58% for the month and 3.45% for the year.

Despite today’s late covering rally, the bigger picture indicates that we are down overall on the week and the month.

Here are the levels that if, and it is an if, the markets break, then the stock market bulls will throw in the towel.

Here are the key levels of support for the month of May for the major indices:

SP500 - 1044
DOW - 9,835
NASDAQ - 2,100

Let's see how the markets act for the balance of the month. It will be interesting.

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

Has the S&P 500 topped out?

Posted on by The INO.com Team

This past weekend I visited some friends in Texas. The reason I bring this up, is that these folks are very worldly and very smart. During my visit, the conversation naturally turned to the market and what is going on.

Here is what I took away with me when I left Texas: There are a lot of very nervous people in the market. I think this nervousness has been obvious in much of the market action, and it is not likely to go away anytime soon.

One of the great things about our "Trade Triangle" technology is that it both takes emotion out of the market and gives you a game plan to be successful. In this short video you will see exactly what I mean.

We're always interested in your views and comments and encourage you to visit our blog to let us know what you think.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

We pulled the trigger on the Dow

Posted on by The INO.com Team

We pulled the trigger on the Dow

We have been concerned for some time that the market was in a rotational phase and that some key levels were being tested on the upside. The action today, Tuesday, can only be viewed one way, and that is negative. We do not expect this market to make a miraculous recovery to new highs and would not be surprised if we have seen the highs for the year.

In today's short video on the Dow, we look at potential downside targets that this market may be headed for. One of the key things to remember in trading, and this applies to all markets, is perception. This is why technical analysis plays such an important part in detecting shifts in market perceptions. Our "Trade Triangles" have done extraordinarily well in this environment.

As always you can watch our videos without registration and there are no fees involved.

Enjoy the video and take a moment to comment on this post.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub