S&P 500
1306.63
+11.41 +0.88%
Dow Indu
12443.02
+73.64 +0.60%
Nasdaq
2813.35
+34.56 +1.24%
Crude Oil
92.40
+0.60 +0.65%
Gold
1591.26
-6.74 -0.42%
CRB Index
289.93
-0.50 -0.14%
US Dollar
81.207
-0.085 -0.11%
Strong

I am officially ready for “Silly Season,” are you?

On the 10th of December we posted on this blog about the “silly season” and what it means to the markets and to traders. We also put up a poll asking the following question:

How will you be spending this “silly season”?

  • Other – Please tell us in the comments (3%, 21 Votes)
  • Trading like any other day (27%, 212 Votes)
  • Re-evaluating my trading plan and getting ready for Q1 (51%, 395 Votes)
  • Taking a break or vacation (31%, 236 Votes)

I’m happy to say we had over 700 votes and lots of comments. It was gratifying to see that 51% of the folks elected to spend time on the sidelines and enjoy life during this time.

[Read more...]

Gold Alert!

Short-term traders enter long on a GREEN Daily “Trade Triangle” @ $1,394.40 Intermediate and long-term traders continue to remain in  long positions.

If you are not yet a member of MarketClub see what you are missing with our  30 Day Risk Free trial and receive 3 valuable bonuses just for giving us a try.

Time for the 52-week high on Friday rule?

Earlier this week we talked about a little stock called Nuance (NASDAQ: NUAN). Well now today it looks like Nuance made a 52 week high and you know what that means, potential candidate for the 52 week high on Friday rule!

For more information on the 52 week high on Friday rule, click here.

Happy Trading!

The MarketClub Team

Free Video Seminar – “Applying Technical Methods to Today’s Trading”

Excerpt from John Murphy’s seminar, “Applying Technical Methods To Today’s Trading,” offered for on INO TV Free…

For those of you that trade the futures markets, there are a lot of other things outside the future markets that you should be following. But, I guess my bigger message is… for those of you that aren’t in the futures markets, whether you trade them or not, the futures markets have a tremendous impact on what happens in the other markets. [Read more...]

GOLD ALERT!

Short-term traders exit long position on a RED Daily “Trade Triangle” @ $1,388.26 today and remain neutral for now.  This short-term trade produced a profit of $15.49 an ounce.

Intermediate and long-term traders hold long positions.

If you are not yet a member of MarketClub see what you are missing with our  30 Day Risk Free trial and receive 3 valuable bonuses just for giving us a try.

What’s ahead for crude oil?

There’s no question about it, 2010 has been pretty difficult for most traders in the crude oil market. This year has produced no discernible, lasting trends in this market. The trends it has produced have lasted little more than just 3 or 4 weeks at best.

So what’s ahead for this market?

In today’s short video we examine the fact that crude oil briefly traded over $90 a barrel before falling back. So what made the crude oil market reverse course and fall back? Was it selling, was it profit taking, a technical point, or something else? [Read more...]

This little stock could get a lot bigger

Here is an interesting little stock that could get a lot bigger

Here’s a little something to consider: the next big battle between Google and Apple in the smart phone arena could very well be voice recognition.

Two weeks ago Google purchased Phonetic Arts who develop speech synthesis technology designed to improve the quality of spoken language. They purchased it to basically beef up their Android OS for smart phones.
[Read more...]

What’s happening over on Facebook? Do you “Like” us?

There is a lot of interesting commentary happening over on MarketClub’s Facebook page, but if you haven’t decided to “Like” us yet, you’re missing out.

On MarketClub’s Facebook page you can keep up with market changing news and see what investor’s like yourself have to say about them.

Recent conversations:

12/6: Do you think that Google will be its own demise? As they are continually reinventing themselves and their brand some people feel like it is a bit much. Do we need constant “did you mean?” feedback from the search giant? Do we want Google to know what we mean? Request analysis of GOOG.

12/6: Do you think that Bank of America is out of the woods? They have raised their capital, met the conditions of the TARP program and now they are supposed to be moving forward without having to issue more stocks. In 2009 their repayment of government funds yielded a profit on the taxpayers investment – so…is the bail out of BOA a success? Request free analysis of BOA.

“Like” us today and stay on top of the news that affects your money!

The MarketClub Team

My Most Profitable Swing Trading Setup

Its easy to over-think a trade or completely miss profitable trades because you are looking for complex setups. We here at the INO.com like to keep things as simple and profitable as possible. Today we have asked Brian Heyliger of SixFigureTrader.com to share one of his favorite setups with us, its simple and effective. Be sure to comment and let us know what you think.

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For you swing trade traders out there, I like to share with you my most valuable setup in emini S&P 500.

The setup is fresh in my mind because just last week my subscribers and I used the setup to take a 28-point profit in the S&P 500.

I call it the ‘box trade.’ [Read more...]

How to Determine Where the Real Support and Resistance is Everyday

Larry Levin is no novice to the markets, in fact he’s a pretty well-known by traders worldwide. We’ve asked Larry to give Trader’s Blog readers some tips he uses to find daily support and resistance levels and he gladly agreed. Be sure to comment and let us know what you think and some things you use to find key market levels.

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Secret Trading Tip #29
From the Desk of S&P Trader Larry Levin, President of Trading Advantage LLC

How to Determine Where the Real Support and Resistance is Everyday

Understanding support and resistance levels is an extremely important skill in any market, and it’s absolutely critical if you plan on trading the S&P and NASDAQ E-Mini markets. Professional floor traders are aware of an entire range of major and minor support and resistance levels before the market opens each day. They also know how to calculate new levels as the trading day progresses. [Read more...]

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