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Starbucks, Netflix, Gold and A Whole Lot More

Adam Hewison - MarketClub

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Hello MarketClub members everywhere! I have a lot to cover today, so let's get started right away. 

Starbucks gave a major buy signal yesterday. I have talked about the $59.50 area as resistance and that barrier was breached with Starbucks Corporation (NASDAQ:SBUX) closing at an all-time high. I guess that means that our morning cup of coffee is going to go up as well.

Netflix.com, Inc. (NASDAQ:NFLX) announced a one dollar increase in its most popular plan. Some say this is a gamble, but the reality is, most consumers are not concerned with a one dollar increase and a price tag of $9.99 for unlimited entertainment.

Gold (FOREX:XAUUSDO) is showing a lot of action today, a close around current levels of $1,153 will represent the highest weekly close in six weeks. As you know, I have been bullish on gold based on the Trade Triangles technology and it looks as though it is paying off today.

I will be analyzing all three markets in today's video and also taking a look at some new ones that I think are interesting. I will also be doing my usual roundup of the major indices, plus crude oil which has moved very well in the last few days, and a quick look at the Euro.

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