Tag: trade triangles

Daily Video Update: Is gold becoming the new Apple?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 28th of September.

As we come to the end of the week, and more importantly, the end of the quarter we see gold closing near its highest levels ever on a quarterly basis. So it begs the question, is gold going to become the new Apple for investors?

We think so, and with all of our indicators positive on gold, we believe we will see this market continue its upward trend for the next several months. We would not be surprised to see gold break over the $2,000 level before the end of the year.

It looks like the S&P 500 index is going to have its best closing quarter in 19 months. We would not be surprised to see this market move up on the close, as it is the end of the quarter.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

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Daily Video Update: Forget politics, forget the news, forget the election... just focus on what the market is doing

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 27th of September.

How can anybody make any sense of this market with all of the conflicting signals in Europe, the looming fiscal cliff, and the upcoming general election?

At MarketClub, we listen to the most important voice of all, the market itself. I'm sure someone has impressed upon you at some point to "be a good listener". It is amazing what you can learn when you just listen to what is being said.

Simplify your life, go with the flow. Go with what the markets are telling you. Right now, they are telling us they want to go higher.

At the moment, the major trend in the all of the US indices is on the upside, so that's the way we are going to be approaching the market until the market tells us that the trend has changed.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

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Is there hope for a profitable RadioShack?

Posted on by The INO.com Team

With James Gooch, the CEO of RadioShack stepping down, there are serious questions about the future of the former electronic retail powerhouse.

With mounting losses resulting from a change in consumer needs and decreasing market share to online retailers, is it still possible for brick and mortar stores to be successful?

The factors behind the decline in stock price of RadioShack are obvious. Many people have all of the electronic devices they need in their pocket, thanks to their smartphone. Desktop PCs and other items that were big-ticket items in the past have been consolidated into smaller phones and tablet devices, which are more competitively priced and have much smaller profit margins for retailers. Continue reading "Is there hope for a profitable RadioShack?" →

MarketClub TV for 9/26/12: Forget the iPhone 5 - I'm not upgrading!

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 26th of September.

Apple, Apple, Apple... by now I'm sure you've heard about the iPhone5. Yes, it is a wonderful phone, but I for one will not be upgrading to the iPhone5. I know it's faster, it's thinner, it's bigger, it has an App to leap over tall buildings. But what drives the iPhone is the software. The new iOS6 operating system, which I downloaded to my iPhone on Saturday, makes me a happy camper, plus I don't want to carry something around in my pocket that is bigger. I don't see any need to upgrade to the new iPhone5, and I think I'm not alone. After the initial surge, I think sales will drop off as others may share my same feeling. I was in my local Apple store this past weekend and the store was fairly busy, but no more than normal.

Riots in Spain and Greece today prove nobody wants to take a haircut with the new austerity measures that need to be implemented to receive the benefits of the European bailout.

The big question that concerns me, is the US next? With record gun sales and a persistent unemployment problem, can social unrest be that far away? Charles Plosser, the president of the Philadelphia Fed Bank, said that he did not think that QE3 or QE Infinity is going to help the economy anytime soon. Not exactly what you want to hear from a member of the Fed, and certainly not a ringing endorsement of the Fed's policy to just chuck more money at the economy, hoping something will work.

The reality is, the strategy that the Fed has embarked on has never worked over any length of time. Only businesses, not the Government, can create lasting jobs in America.

Okay, time to get off my rant mobile.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

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Daily Video Update: Consumer confidence jumps to a seven month high

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 25th of September.

Let me start off by saying thank you to Jeremy, who has been providing the daily update to you while I was cruising the Gulf of Maine in a 112-year-old three-masted schooner.

What has happened since I was enjoying my cruising days? Not a lot I'm afraid, the markets continue to consolidate and regroup after their recent gains. There have been no major trend changes since I was away, which is good.

Looking across the pond at Europe, I see the same story and the back-and-forth, kicking the can down the road continues. It looks as though the Euro has pulled back from its bull run, however the trend continues to be positive.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

Click Here to view today's video