Tag: William%R

Disaster Averted, Fast Forward To January 15th

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 17th of October.

Late last night the United States averted what would've been a disaster for the country. But did we really avert disaster, or did they just "kick the can down the road"? I had the good fortune to appear on CNBC Asia last night when this historic vote was cast. If you missed my appearance, you can see what I said right here.

While Washington politicians are patting themselves on the back and thinking about what a good job they did, most folks in the real world have a different view and are incredibly angry at what Washington is doing. It really doesn't matter if you are on the left or the right of the political spectrum, the divisiveness in the country is not healthy for the economy and the stock market in the long run. Continue reading "Disaster Averted, Fast Forward To January 15th" →

Is Google losing its mojo?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 16th of October.

Tomorrow, Google (NASDAQ:GOOG) announces its long awaited earnings and I thought I'd take a look at this stock today before tomorrow's big announcement.

There are some interesting developments in Google (NASDAQ:GOOG) that have largely gone unreported. I will be using our Trade Triangle technology to point out these discrepancies to our viewers.

Of course, the Democrats and Republicans clawing at each other as they try to beat the deadline on the 17th is the big unknown for the market. My best guess is that there will be a deal that no one likes and the politicians will agree to "kick the can down the road" until next year.

Please feel free to leave a comment and share your thoughts on the markets or if you dare, Washington politicians.

Have a great trading day,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

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Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.

Are we headed for a financial Armageddon? I don't think so

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 14th of October.

It's day 14 of the government shutdown and it's certainly getting down to crunch time where someone is going to have to blink. I think both parties know how angry the populace is with their childish behavior. In my opinion, the National Park Service should be fired for what they did with the open air monuments.

Last week's market didn't close badly with the expectation that we would have a resolution in place this past weekend. That was not to be case and the major indices are lower this morning.

UPDATE: Apple (NASDAQ:AAPL) flashes a major buy signal. Continue reading "Are we headed for a financial Armageddon? I don't think so" →

WTF - It's not what you think

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 11th of October.

I first learned about the real meaning of WTF while I was a member of the Chicago Mercantile Exchange, back when I was trading in the pits, standing shoulder to shoulder with some of the smartest traders in the world.

It was back when the movie Star Wars was all the rage and George Lucas was at the height of his very successful, creative career. The iconic line from the movie that struck a cord with everyone was, "May the force be with you."

How that quote made it into the trading pits of Chicago will always be a mystery to me. The members of the exchange took WTF, a slang term, and translated that to stand for "What's The Force?", loosely interpreted to mean, is the force up or down for the market? This term was especially common on Fridays when traders had to decide whether they were going to hold or fold their positions over the weekend.

So I say to you this Friday, WTF? Continue reading "WTF - It's not what you think" →

Is The Market Correction Over?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 10th of October.

Yes, I believe that the current correction has come to an end with yesterday's market action. Markets are heavily oversold at this point and I expect to see a relief rally starting today.

Several of our MarketClub members stated that they expect to see some sort of agreement out of Washington in the next few days. I happen to agree with their thoughts and if that happens, it could instantly repair the downside pressure on the markets.

Apple (NASDAQ:AAPL) is looking more and more interesting, particularly if it closes today over the $491.10 level. Should this happen, it will have created a mini base in which to propel Apple to my "line-in-the-sand" level at $497. Apple could go into overdrive if this level is broken on the upside any time this week. Continue reading "Is The Market Correction Over?" →