skip to page content

Will Amazon (AMZN) Make It To $400?

Adam Hewison - MarketClub

Loading the player...

Last month was a great month for many investors, myself included, as all of my stocks moved in a favorable direction. I see little reason to change my analysis of the markets as I expect them to continue to move higher in November. This is partly due to the Fed continuing with its $85 billion a month bond buying binge. With Apple's iPad going on sale worldwide today, I see great sales coming for the retail sector as the public buys into the holiday season.

One major concern on the horizon is the roll-out of the �Affordable Care Act� (Obamacare), which is going to have an effect on one sixth of the economy here in the United States. So far, the roll-out has been a big disappointment, as many people are seeing potential increases in their insurance rates with this new plan. If rates increase substantially, then that money will be coming out of the economy, which will not necessarily be a good thing.

Another concern is the Fed, as it sails into uncharted waters. Ms. Yellen, who succeeds Helicopter Ben, has no playbook draining the punch bowl and successfully ending the quantitative easing program we have been on for the past four years. Unfortunately, no one else at the Fed has any idea how to stop the printing presses. I am, like many investors, concerned about 2014, but for now as the Fed continues to fill up the punch bowl, I am enjoying the party.

NetFlix (NFLX) Is On The Move

I continue to like Netflix (NASDAQ:NFLX) as the Trade Triangles remain in a positive mode for this stock. A move and close over the $330 level today should be viewed as a positive sign for this stock as it once again recaptures its upward momentum. I don't believe that the final chapter for this stock has been written.

Apple's (AAPL) New iPad Could Push The Market Higher

Apple's (NASDAQ:AAPL) new iPad goes on sale today worldwide and judging from the early feedback from Asia it is going to be what Tim Cook described as an, �iPad Christmas.� I'm still looking for this market to move higher until the end of the year and have hard targets set for a move to the $580, possibly $600, level.

Will Amazon (AMZN) Make It To $400?

I really like the way the way Amazon (NASDAQ:AMZN) is acting. For the past four or five days, this stock has been consolidating its recent gains as it prepares to move higher from current levels. Amazon is higher for the week and closed out an extraordinarily good October. I'm looking for the Amazon story to continue and move higher, possibly to the $400 level by year's end.

Talisman Energy (TLM) Level To Watch : $12.85

Talisman Energy (NYSE:TLM) put in a star performance last month with a stellar gain of 8.5%. A close today over $12.85 will be the highest close for this stock in over 12 months. Should this happen, I would add to long positions as I expect this stock to begin to accelerate to the upside. I'm looking for Talisman Energy to trade as high as $20 a share if there is a breakout over the $12.85 level. All of the Trade Triangles are green for this stock and show a strong upward trend.

Back to videos

Get Started With Your 30-Day MarketClub Trial Right Now

Get Started

© Copyright MarketClub™ All rights reserved | User Agreement | Do Not Sell My Personal Information

MarketClub/INO, a division of TIFIN Group LLC, is affiliated with Magnifi via common ownership. Affiliates of Magnifi will receive cash compensation for referrals of clients who open accounts with Magnifi. Due to this compensation, a conflict of interest exists since MarketClub/INO has an incentive to recommend Magnifi LLC.

Magnifi LLC does not charge advisory fees or transaction fees for non-managed accounts. Clients who elect to have Magnifi LLC manage all or a portion of their account will be charged an advisory fee. Please see Magnifi’s Form ADV for additional information about fees and charges that may apply. Magnifi LLC receives compensation from product sponsors related to recommendations. Other fees and charges may apply.

Magnifi, normally $14 per month, will be available at no additional cost to MarketClub members. Account holders must be 18 years of age and have an approved Magnifi account. Magnifi will determine qualifying account holders at its own discretion.

U.S. Government Required Disclaimer—Commodity Futures Trading Commission
Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41—HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

All trades, patterns, charts, systems, etc., discussed in this advertisement and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or INO.com. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the MarketClub™ methodology or system will generate profits or ensure freedom from losses. The testimonials and examples used herein are exceptional results, which do not apply to the average member, and are not intended to represent or guarantee that anyone will achieve the same or similar results. Each individual's success depends on his or her background, dedication, desire, and motivation.

×

It’s not goodbye, it’s hello Magnifi!

You are now leaving a Magnifi Communities’ website and are going to a website that is not operated by Magnifi Communities. This website is operated by Magnifi LLC, an SEC registered investment adviser affiliated with Magnifi Communities.

Magnifi Communities does not endorse this website, its sponsor, or any of the policies, activities, products, or services offered on the site. We are not responsible for the content or availability of linked site.

Take Me To Magnifi