S&P 500
1308.38
+13.16 +1.02%
Dow Indu
12458.42
+89.04 +0.72%
Nasdaq
2814.21
+35.42 +1.27%
Crude Oil
92.39
+0.59 +0.64%
Gold
1590.28
-7.72 -0.48%
CRB Index
290.13
-0.30 -0.08%
US Dollar
81.183
-0.109 -0.14%
Strong

Is it time to buy gold?

It would appear that the euphoria over gold has quickly diminished and many of gold’s greatest proponents, who were calling for gold to go over $2,000 an ounce, appear to be disheartened and shell-shocked by the recent sharp downturn in gold.

There’s an old adage in trading and it goes like this, “they slide faster than they glide.” This is true of all markets and what it means is they go down faster than they go up.

In my new video on gold, I share with you some of the thoughts I have right now on this market. We could be looking at some great buying opportunities if just a few components fall into place. [Read more...]

Is the euro on shaky ground?

In this short video we take an in-depth look at the euro and its relationship to the US dollar. The recent sharp rally in the euro, up from the 1.19 level, may be coming to an end.

We look at several indicators that are close to confirming that this market may be set to head lower.

As always our videos are free to watch and there is no need for registration. We would love to get your feedback of this market on our blog, so please feel free to comment.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub

Saturday Success Story – Fabrizio, Italy

At MarketClub, our mission is to help you become a better trader. Our passion is creating superior trading tools to help you achieve your goals—no matter which way the markets move—we promise objective and unbiased recommendations not available from brokers.

Here’s great news from a member…

“As you know I have been a member of MarketClub for some months. I want only to tell you that I am very glad of this nice service and that I employ it particularly for futures and commodities. I find it, especially with the improvements of these last months, very helpful and can really realize the dream of a trader for a full time job. My best wishes for your work and the future.” ~ Fabrizio P., Italy

To send your own success story, please email blog@ino.com. We wish all of our members the best and we look forward to hearing your success story.

It’s Friday… Are you in or out?

It’s Friday* and a day when many traders are considering how to deal with their positions over the weekend. How comfortable or uncomfortable are you going home with a position this weekend?

I consider the close on Friday to be the most important close of the week. It provides invaluable insight into what is going on in the markets as well as an easy way to analyze the market.

This is what I do, I write down the previous Friday’s close in the markets that I am interested in. For illustration purposes today I’m just going to include five markets. They are: S&P 500, Dow, NASDAQ, gold and crude oil.
[Read more...]

Did the “Death Cross” die, or is it still live in the S&P 500?

The sharp upward rally in the S&P 500 surprised many people, myself included. However, the rally did not change the “Death Cross” which we pointed out as being a negative and significant market event that does not occur very often.

This market’s rally also did not change our weekly and monthly “Trade Triangles” which are still red and indicating that the trend is headed lower.

In this short two minute video, I show you some other aspects of the S&P 500 that I think you should be watching.

As always our videos are free to watch and there are no registration requirements.

I would love to hear your comments on our blog about this or any of our other market videos.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub

Reminder: Intro to MarketClub Webinar

Don’t forget to join MarketClub experts Susan Jackson & Jeremy Lutz  help you understand the basics of MarketClub such as: navigating the charts, “Trade Triangle” strategies, email alerts, and scanning capabilities today at 4pm EDT (8pm GMT).

Whether you’re on a trial, already a member, or interested in learning more about our premium advisory service and our “Trade Triangle” buy and sell signals, we encourage you to join and sign-up today.

Click here to register for today’s Intro to MarketClub Webinar at 4pm EDT / 8pm GMT

We look forward to seeing you there,

The MarketClub Team

10 Steps to Becoming a Trader

Today’s guest is Mark Hodge of Rockwell Trading. The very basics of trading are often overlooked by new traders and I think we all can agree that you need a solid foundation to prosper in today’s markets. Mark decided to write a post on what, in his experience, makes a successful trader. Be sure to comment and feel free to share your success (and horror) stories of becoming a trader. Also, don’t forget to visit Mark at Rockwell Trading.

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With the way the markets have been behaving these days, it’s no surprise that more and more people are interested in trading. If you’re new to trading, you’re probably attracted to the potential to make money, but you’ve heard horror stories about traders that have lost money in the markets as well. If you’ve been trading for awhile, you probably have a horror story or two of your own. These stories and experiences are important to share, but it’s unfortunate when many of these horror stories could have been avoided by understanding what it takes to become a trader, and by having direction early on.

The following “10 Steps to Becoming a Trader” provide a structured and systematic approach to becoming the trader you want to be. By following these “10 steps” you will be in the best position possible to achieve your goals as a trader:

Step 1 – Determine the type of trader that you want to be.

Sounds simple enough, but if you don’t address this key step it will be difficult to progress as a trader. What markets and time-frame will you trade? You’ll discover that your situation and goals will have a direct impact on the type of trader you decide to be. So ask yourself, what type of trader will you be? [Read more...]

Here’s an ETF that you may want to take a look at…

I just finished a new short video on an ETF that’s looking very interesting. The video runs a little over two minutes and gets right to the meat and potatoes of this market.

This particular ETF is leveraged and trades almost 2,000,000 shares a day, so it is nice and liquid. What makes this ETF so interesting, is that it plays such a big part on the financial world stage.

As always our videos are free to watch and there are no registration requirements.

We do ask, however, that if you have thoughts on this market or this video, that you make a comment on our blog.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub

We Interview Martin Pring

In this interview with longtime market analyst and author, Martin Pring, he explains what it takes to compete with trading professionals – technical analysis. We hope you’ll take a few, brief minutes to watch as he explains various technical indicators and the importance of momentum in trading.

After you watch Martin’s interview, be sure to sign-up for Adam’s complimentary e-mail trading course which covers many of the technical indicators mentioned in the video. Click here to sign-up.

Enjoy!

The MarketClub Team

Is it time for the dollar index to rally?

The dollar index, which put in a strong performance in the first six months of the year, pulled back from its recent highs and appears to be in defensive mode.

If you are not familiar with the US dollar index (USDX), it is an index, or measure, of the value of the United States dollar relative to a basket of foreign currencies.

Its weighted geometric mean of the dollar’s value is compared with these currencies in the following percentages:
* Euro (EUR), 57.6% weight
*Japanese Yen (JPY), 13.6% weight

* Pound sterling (GBP), 11.9% weight
* Canadian dollar (CAD), 9.1% weight
* Swedish krona (SEK), 4.2% weight
* Swiss franc (CHF) 3.6% weight

In this short educational video, I point out what we see in the dollar index and the reason why we think a potential rally may be in the foreseeable future.

As always our videos are free to watch and there is no need for registration.

If you’d like to make a comment on this or any of our videos, please go to the Trader’s Blog and let us know your thoughts.

All the best,

Adam Hewison
President of INO.com
Co-founder of MarketClub

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