Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 3rd of June.
As we start off the month of June, I wanted to make my latest eBook, 5 Professional Trading Rules That Will Make You Successful In Any Market, available to you with my complements. The book contains the core trading rules that you need to be successful in any market.
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Are Investors Too Complacent Right Now?
Last Friday, we witnessed a sharp downturn in the stock market in the last hour of trading. Many investors were surprised at the downward velocity of this move and it certainly woke a lot of people up. The question is, is this the beginning of a downside correction, or is it just a bear attack? We will be looking at all the major indices today, now that we have more clues in place. I will give you my views on this market in today's video update.
Watch Today's Video Update Here
iRadio?
Apple (NASDAQ:AAPL) has been working hard to put together licensing deals with most of the major publishers. When the Apple developers conference starts on the 11th, Apple is expected to announce something along those lines, like iRadio. This may be the jolt Apple is needing to push its stock higher.
You Want Soda With That?
Today, I will be looking at Sodastream Intl (NASDAQ:SODA) and the direction this stock is moving in. We witnessed a major jump over some key resistance levels in this stock today. I will be analyzing Sodastream Intl using our Trade Triangle technology.
There's More
In addition to looking at our normal markets, we will also be looking for stocks that are trending higher today. If you haven't watched any of my recent videos, you can watch them by clicking on the links below.
Recent Special Videos:
Apple (NASDAQ:APPL)
Yahoo (NASDAQ:YHOO)
S & P 500 (SP500)
Wal-Mart (NYSE:WMT)
Lululemon (NASDAQ:LULU)
Apple (NASDAQ:APPL)
Tesla (NASDAQ:TSLA)
Google (NASDAQ:GOOG)
Have a great trading day,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.
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