After posting the worst single day since 1987, the stock market bounced back with the best single day since 2008. Stocks ended the week with a furious and aggressive move higher into the close Friday with the DOW gaining 1,985 points or +9.3%. The S&P 500 and NASDAQ also surged +9.3% for the day. However, […] The post Stocks Surge To Close Out The Week appeared first on INO.com Trader's Blog. [Read More...]

We headed into Friday afternoon off the lows of the session but still down for the shortened trading week after coronavirus cases escalated, which in turn has the stock market worried about a pronounced global economic slowdown. China’s National Health Commission reported more than 2,000 deaths in the mainland, with 75,00 confirmed cases. That news […] The post Stocks Fall As Coronavirus Cases Escalate appeared first on INO.com Trader's Blog. [Read More...]

Stocks were up sharply for the week entering Friday on the back of a four day rally as strong earnings and economic data outweighed worries over the coronavirus’ economic impact. The S&P 500 was up +3.3% for the week through lunchtime on Friday and was on pace for its best weekly performance since early June. […] The post Four Day Rally Comes To An End appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. The stock market gave back early Friday morning gains after the second U.S. case of the deadly coronavirus was confirmed. The Centers for Disease Control and Prevention (CDC) said a Chicago resident who traveled to Wuhan, the Chinese city where the coronavirus originated, in December was diagnosed with the sickness. So far, […] The post Coronavirus Sickens The US Market appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. The DOW surged over 300 points Friday on renewed hopes of a July rate cut by the Fed and possibly as much as three cuts by the end of the year. All three of the major indexes will post weekly gains over +4%, which is incredible considering that nothing has changed from […] The post DOW Surges On Rate-Cut Hopes appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. Shortly after Bitcoin broke thru the $8,000 level it suffered it’s biggest loss of the year trading as low as $6,178 on the day. Bitcoin has recovered more than 50% since the low hit earlier today. However, it is still down around -5% on the day at $7,071. Much like the recent […] The post Bitcoin Suffers It's Biggest Loss Of The Year appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. The Dow was down over 300 points or -1.19%, meanwhile the S&P 500 and Nasdaq are posting daily losses over -1%. Friday’s decline capped off a deep sell-off this week that will be the worst weekly loss for the stock market of 2019 with the S&P 500, DOW and NASDAQ losing -3.5%, […] The post Worst Weekly Loss Of 2019 For Stocks appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. Earnings season started with a bang early Friday as two major U.S. banks shared better than expected Q1 results which propelled the market higher at the open. The S&P 500 pushed above $2,900 for the first time since October of 2018, the DOW up over 290 pts in early trading and is […] The post Big Banks Boost Stock Market appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. Stocks surged higher Friday on increasing hopes for a U.S.- China trade deal. The Dow and Nasdaq are both on pace to post their eighth consecutive weekly gain. The S&P 500, meanwhile, was on track for its seventh weekly gain in eight. The indexes are all up more than 2% entering Friday’s […] The post Stocks Surged Higher To End The Week appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. The three major indexes are set up to post losses for the third straight day to end the week. In fact, if the trend holds true through the close the S&P 500, DOW and NASDAQ will all post weekly losses. That would be the first weekly loss in seven weeks for the […] The post Weekly Losses In Sight For Stock Market appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. The stock market got a late morning boost when Bloomberg reported that a China deal may be close. China has offered to go on a six-year buying spree ramping up imports from the U.S., that move would reconfigure the relationship between the world’s two largest economies, according to officials familiar with the […] The post Proposed China Deal Boosts Stocks appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. All three major indexes are looking to finish the week on a strong note and post back to back winning weeks for the first time in nine weeks. The reason for the surge after a terrible day on Thursday, jobs. Nonfarm payrolls jumped by 312,000 jobs last month, the largest gain since […] The post Market Rallies On Strength Of Jobs Report appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. Whew, what a week! We went from having the worst Christmas Eve trading day ever when the DOW lost over 600 points trading below 22,000, and the S&P 500 entered a bear market to have the best post-Christmas trading day ever when the DOW skyrocketed more than 1,000 points on Wednesday, the […] The post Stock Market Ends Volatile Week Higher appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. There is no doubt that this week has been brutal for traders with the stock market posting one of the worst weeks of the year. You only have to look at the DOW, and it’s over 1300 point loss on the week for evidence. The DOW and S&P 500 will close down […] The post Brutal Week Comes To A Disappointing End appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. Mid-week things were looking positive for the stock market overall as fears of a long-term trade war with China lessened on news that the U.S. and China began to talk about settling the disagreement. However, weak economic data from China and Europe rekindled fears of slowing global growth, and Johnson & Johnson […] The post U.S. Indexes Erase Weekly Gains appeared first on INO.com Trader's Blog. [Read More...]

Hello traders everywhere. The weak finish by the stock market in August continued this week ending with all three indexes in negative territory. The S&P 500 is down almost 1% at -.97, the DOW is down -.33% and the NASDAQ suffered the worse loss of the three losing -2.1% as tech witnessed a significant sell-off, […] The post Stocks End Week Lower appeared first on INO.com Traders Blog. [Read More...]

Hello traders everywhere. The weak finish by the stock market in August continued this week ending with all three indexes in negative territory. The S&P 500 is down almost 1% at -.97, the DOW is down -.33% and the NASDAQ suffered the worse loss of the three losing -2.1% as tech witnessed a significant sell-off, […] The post Stocks End Week Lower appeared first on INO.com Traders Blog. [Read More...]

11 days ago I published a special report on Apple which you can read here. In that report, I stated that a low period should occur either on Friday or today. The fact that a buy signal triggered for Apple today indicates that the low period has passed and we should see Apple move in […] [Read More...]