Stocks Edge Higher On Mixed Earnings

Hello MarketClub members everywhere. As we wrap up the week Stocks are heading slightly higher today and looking to close out the week on a high note. The rally has been led by the telecom sector. AT&T Inc. (NYSE:T) was up 1.5 percent after its earnings results. Verizon Communications Inc. (NYSE:VZ) rose 1 percent as news broke that Verizon is the front-runner for Yahoo's core business after outbidding others including AT&T. Conversely Yahoo! Inc (NASDAQ:YHOO) was up 1 percent as well.

MarketClub's Mid-day Market Report

Looking ahead to next week the question is, what will the Fed do? All signs point to The U.S. Federal Reserve keeping interest rates on hold Wednesday, but investors will be looking for hints about the Feds next move.

The next move is still seen as an increase in rates. But even as concerns over Brexit ease the U.S. election is drawing closer, likely pushing back action towards the end of the year and possibly limiting the Fed to a single hike in 2016, a far cry from its early-year estimate for four moves.

Key levels to watch this week: Continue reading "Stocks Edge Higher On Mixed Earnings"

Yellen, Yahoo and Yikes!

Hello MarketClub members everywhere, it's the last day of trading for the week and it has been quite a week.

Yesterday, Janet Yellen, the head of the Federal Reserve Board, came out late in the day and said that things were getting stronger economically and that the job picture was improving. It was a rare appearance by Ms. Yellen as normally the head of the Federal Reserve does not come out to make any statements, except official ones. That one statement alone was enough to evaporate most of yesterday's losses in overnight trading. It is all about free money folks and the Federal Reserve has no more rabbits to pull out of its hat.

MarketClub's Mid-day Market Report

Verizon Communications Inc. (NYSE:VZ) indicated that it plans to make a bid for Yahoo! Inc. (NASDAQ:YHOO). I find it interesting that the Trade Triangles picked up that something that was going on with Yahoo on March 29th, 10 days before the Verizon news came out. This is one of the big secrets in the market, someone (and insider) always knows what’s going on. Because of this inside knowledge, they see an opportunity to make money and they buy either options or shares in that company, in this case, Yahoo. That translates into market movement and plays into the algorithm used for the Trade Triangle technology. Yahoo is up this morning in early trading and I believe that this stock can move higher from current levels.

It seems as though 100 point swings in the Dow have become the norm at least for the moment. However, as you know, I tend to look at the bigger picture and what's going on. I do that by looking at how the markets are closing compared to last Friday's closing. Continue reading "Yellen, Yahoo and Yikes!"

How Exposed are You to Apple?

Matt Thalman - INO.com Contributor - ETFs


Apple Inc. (AAPL) now has a market capitalization of more than $750 billion. That makes Apple easily the largest company, not only today, but of all-time. The next largest publicly traded company is Exxon Mobil Corporation (XOM) which has a market cap of $377 billion. That makes Apple just a mere $4 billion shy of being twice the size of the next largest company in the world.

With Apple's history of stock price appreciation and overall market crushing returns, and no real signs of slowing down when it comes to its business, it is understandable that a large number of money managers own shares of the company in theirs funds. But, what is interesting is the size that Apple represents in a large number of ETF's available to investors.

It is understandable that Apple is the largest holding in sum funds. For example Apple represents 3.89% and 3.87% in the SPDR S&P 500 ETF (SPY) and the Vanguard S&P 500 ETF (VOO) respectively, which are designed to mirror the make-up and performance of the S&P 500 index. Therefore since Apple is twice the size of the next largest company, it explains why it is double to size of Exxon in those ETF's. Continue reading "How Exposed are You to Apple?"

Sector Analysis Can Help Your Trading

Today, I'm going to be looking at nine individual sectors and analyzing each one. I am going show you a quick and easy way to tell which sectors are trending and which ones are stuck in a trading range.

I will also be looking at the top three stocks in each of those sectors that are trending to the upside.

The sectors I will be analyzing are as follows: Continue reading "Sector Analysis Can Help Your Trading"

3 Stocks You Need To Know About

Hello traders and MarketClub members everywhere, I trust you all had a great weekend. I am just waiting for the mid-terms to get over with so we can all get back to the markets. Is it just me or does it seem like these elections go on forever? We should know more on that front tomorrow evening. In the meantime, let's look at what the markets are actually doing today.

One of my morning rituals is to fix a nice cup of tea and scan through the Trade Triangles to see which stocks are showing new buy or sell signals for today. I have a certain criteria that I'm looking for when I'm searching for winning stocks. I look for stocks that are traded in the U.S. that average over 2 million shares a day. Why 2 million? It's really quite simple, I want to be in liquid markets, just in case I need to get out quickly. The advantage of trading in big liquid markets is that it's not too costly to enter or exit the position, whereas with thinly traded markets that can be a very expensive proposition.

After finding several stocks that meet my criteria, I then look at the chart to see if it's something I want to act on. For example, if I see a very choppy chart that is giving signals all the time, I would consider that a less reliable signal.

Here are three stocks that our Trade Triangles picked out today that look interesting to me. Continue reading "3 Stocks You Need To Know About"