All Eyes On Apple

Hello traders and MarketClub members! It's April and this is when we're going to see just how well many of America's major corporations fared in the first quarter. At the moment, the market needs some stimulus to move higher and good earnings could provide the jolt that is needed to push it to new highs.

The market appears to be trapped in a broad trading range and that is largely reflected with the Trade Triangle technology which is indicating a sidelines position at the moment in all the major indices.

Today, I will be following up on my "Is This Apple's Secret Or One Amazing Coincidence?" post to see whether it is still on track. There are a couple of major dates for Apple this month, one is April 10th, when Apple begins accepting orders for its new smart watch and April 27th, when Apple announces its earnings for Q1. The general consensus is that Apple will earn $2.13 per share. A move in Apple this week over $129.25 will turn the intermediate term Trade Triangle positive, indicating a positive trend for this stock. I would not be surprised if this took place as early as this Friday or early next week. I will keep you updated with an Apple alert. Continue reading "All Eyes On Apple"

My Secret Formula For Successful Gold Trading

The price of gold is now in its fourth year of a bear market. It is shocking to many gold bugs that gold, a metal revered since ancient times, could fall so dramatically from its all-time high of $1,920.56 on September 4th, of 2011. The precipitous drop of almost $800 in less than four years was more than most gold bugs could stand as stocks soared to new highs. Many threw in the towel when gold hit $1132.05 on November 7th and moved into stocks. This could prove to be a bad omen in the future. Since reaching a low on November 7th, gold has for the most part moved sideways with a slight upward bias.

You can clearly see on the chart that there is a big divergence that shows. When prices were making their lows, momentum was building for the market to bounce.

Now for the good news! Continue reading "My Secret Formula For Successful Gold Trading"

Are The Markets Teetering At The Edge Of A Cliff?

Well, it certainly seems as though the equity markets cannot make up their minds which way they want to go. The question on every investor's mind is, is this going to be a major top in the market like 2007?

I remember reading an article years ago titled "They do ring a bell at the top of the market." It was an intriguing title and, of course, that's the reason I read the article. In essence, it boiled down to this, when the Federal Reserve starts raising interest rates, it can be a major negative for the market.

What will happen when interest rates start to move up again, as they invariably will? Are we going to see a move out of stocks and into safe yield bearing instruments again? Continue reading "Are The Markets Teetering At The Edge Of A Cliff?"

The Proof Is In The Pudding ... That's What My Grandmother Always Told Me

Guess what? Grandma was right!

On February 11th, I posted a blog titled, How To Successfully Play The Earnings Game And Win 95% Of The Time.

This blog posting generated a tremendous amount of feedback from our members, so much so that I decided to once again play the earnings game and pick out 5 stocks that were going to release their earnings either after the close or before the markets opened the next trading day.

I rely on Yahoo’s earning calendar to find out what stocks are scheduled to release earnings and at what time they will release them, after the market close or before the market opens the next day.

Here are the five stocks I picked out and decided to buy based on the Trade Triangle technology: Continue reading "The Proof Is In The Pudding ... That's What My Grandmother Always Told Me"

Tesla Disappoints And How The Trade Triangles Saved The Day

Yesterday we discussed how the Trade Triangles can help you take advantage of earnings. We had a lively discussion on the blog, with many members asking and explaining how the Trade Triangle technology works during the earnings season.

This morning I randomly picked out four well-known stocks that reported yesterday, they are: Continue reading "Tesla Disappoints And How The Trade Triangles Saved The Day"