S&P 500
1307.16
+11.94 +0.92%
Dow Indu
12450.32
+80.94 +0.65%
Nasdaq
2814.44
+35.65 +1.28%
Crude Oil
92.48
+0.68 +0.74%
Gold
1591.13
-6.87 -0.43%
CRB Index
289.98
-0.45 -0.13%
US Dollar
81.208
-0.084 -0.11%
Strong

It’s Never Too Late!

After reading the responses on the Stevenson High School blog post, we got to thinking…what is the average age of today’s trader? Of course, we started our research with, where else, but Google search. We were shocked at how difficult it was to find any statistical information on traders in general. So, we thought further. Why not use the very database that our Trader’s Blog is so closely connected with…us. Or better yet, YOU!

INO.com receives over 1 million unique visitors every month. Now, we don’t like to assume, but we are a website based on trading, and on the individuals that make those trades. So, for statistics sake, let’s assume that out of those million viewers, everyone is either an active trader, or would like to become one.

Turns out, the majority of viewers that visit our site are 50 years of age or older (52.9% to be exact). Thirty of our viewers are 35-50, 15.6% are 21-34, and 1.2% of our viewers are under the age of 21. This is where your comments come in:

“I came late to the party at 43, and am now 44 and just catching up.”
-Bob

“IF more of us had been educated (at least to the extent of some basic exposure) to the markets, we’d all be a lot smarter today.”
-Rick

“Would that as a youngster I had been introduced to “trading” and shown the benefits of knowledge in this fantastic game of calculated risk. I would be much better off today had I been instructed and tested but it is never too late.”
-Jo

You’re right Jo, it is never too late – unless you’re missing MarketClub’s buy/sell signals right now, that is!

So why do we wait so long before jumping into trading and the markets? Perhaps a more important question is, why do so many traders fail while just a few succeed? Maybe those questions go hand in hand. Do you enjoy doing something that you’re not necessarily “good” at? Do you enjoy losing your hard earned dollar in an attempt to “figure out” the markets? Once again, we don’t like to assume, but we will take that risk here and assume that your answer is no. How do you get “good” and “figure out” the markets, you ask?! Simple…PRACTICE!

Did you know that the average lifespan of a trader is between 1-5 years? Perhaps if traders had a little more education and guidance, they could expand their lifetime (in trading years, that is!)

We all (us old fogies) like to believe that wisdom comes with age, but perhaps the bright young students at Stevenson High School already have a leg up on us…learning at a young age, but like Jo said, “It’s never too late.”

See how the youth at Stevenson High is taking control of their futures in trading!

Click here and let MarketClub help you extend your trading career…

Best,
The MarketClub Team

Weekend Update (4/23/11)

I hope everyone is enjoying their weekend. The action never stops at INO. I just finished this weekend’s market update. I base this analysis off of our weekly charts and “Trade Triangle” technology.

I don’t think it will be shocking to anyone that the dollar is continuing its downward plunge. You can almost see the invisible tax hitting the markets.

The S&P 500 is looking good for the long term, but short term traders should be out of this market (for now).

All indicators look positive for silver. It had an 8.7% gain last week alone, but can it go down?

Find out why I’m not too enthusiastic about gold.

Finally, crude oil continues its upward sprint…can it reach 120 a barrel?

Find out now…

Click here to view MarketClub’s full Livestream library

Every success,
Adam

Hip, Hop our staff celebrates Easter

!

Hop your way into MarketClub with the motivated staff at INO headquarters. After all, if you can’t trust someone in a bunny costume, who can you trust?

Learn more about MarketClub or just chat with our staff…we would love to talk! Give us a call (toll free) at 1-800-538-7424 Mon.-Fri. 9am-5pm.

Best,
The MarketClub Team

POLL: Where Does Your Money Go?

It is hard not to be a sore loser in today’s economy. We pay more money for less gas. The prices on groceries have risen, while the value of the dollar has fallen. The unemployment rate is still high, and many of us owe more on our homes than they are worth.

So, how do you think we can turn this economy around? Perhaps we would all like to believe in Bernanke’s theory of Wealth Effect. (“Higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion.”) However, that doesn’t seem to be happening. So, when do we stop trying to help the economy by buying, buying, buying, and start keeping ourselves safe by saving?

How will you help to turn this rocky economy back into a well-oiled machine?

View Results

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As usual, we would love your feedback and insight. Let us know where your money is going in the comments section.

Best,
The MarketClub Team

MarketClub TV (4/21/11)

First off, I want to congratulate Wayne Byron on his free one year membership to MarketClub. Although Wayne is already a current member, he will receive an additional year free to his membership.

Now down to business. The dollar hit a new low today. If you watched my afternoon update, you know that gold hit our predicted level of 1,500. Still not as strong as silver, but what’s next for gold?

I also talk about “stops” in tonight’s video. Whether it be in regards to percentage, the dollar, or our very own trade triangles, you don’t want to miss it.

You may not want to rush into google, but you will have to tune in to find out why.

Also, Cal from Toronto has a great question that we discuss. I look forward to hearing your questions next Thursday on MarketClub TV!

Click here to view MarketClub’s full Livestream library

Every success,
Adam

Afternoon Update (4-21-11)

I was so excited about the markets today that I decided to jump the gun and update you early! Did the dollar move down as predicted by our MarketClub trend lines? Did gold meet our target level of 1,500? You will have to tune in for the answers, folks. What I can tell you, is that the S&P is seeing some major resistance with its potential “reverse head and shoulders” trend lines.

With the long holiday weekend approaching, you do not want to miss today’s final update. Join me LIVE at 7PM ET tonight and be ready for the post-holiday markets on Monday!

Click here to view MarketClub’s full Livestream library

Every success,
Adam

Secret Trading Tip #19 Candlesticks & Engulfing

Last time Larry Levin was a guest on the Traders Blog, we received a ton of great feedback. So, we decided to ask Larry if he’d be interested in sharing another one of his trading tips. Of course, he was happy to send over another. Today’ tip is on engulfing patterns, a commonly found candle-stick setup. Be sure to comment with your thoughts and visit Larry for more trading pointers.

————————————————————————————————————————————————————————————————

Candlestick charts have all kinds of potential patterns that technicians are watchful for. One of the easiest to spot is an engulfing pattern. This set-up consists of two candlesticks, one of which is “engulfing” the previous one. That means the body of the second candlestick is longer than the first one. It doesn’t have to extend beyond the wicks of that first candlestick, just the real body.

Spot an engulfing candlestick and you might be seeing a reversal signal [Read more...]

Afternoon Update

Unfortunately, Adam is out of the office on business today. He did address some of the things to look for in today’s market in yesterday’s update. If you would like a refresher, click here to view MarketClub’s Livestream Library.

Or, simply look for yesterday’s update below in our blog.

No worries, it’s business as usual again tomorrow! Tune in for your LIVE market update at 1PM ET with Adam Hewison and MarketClub’s “Trade Triangle” technology.

Best,
The MarketClub Team

A Stevenson High Update- Sponsored by MarketClub

If you’ve been following the Traders Blog for a while, you are probably familiar with our sponsor school, Stevenson High in Lincolnshire, Illinois. We were contacted by a passionate teacher who wanted to provide his students with a tool to help them increase their success in their stock market competitions. Here is an update on their student’s success with the current competition.

Well here is some good news! Two of my teams are doing quite well. Out of 136 teams one of my teams is currently in 9th place and another is in 11th. Last year we had one place in the top ten and that was 2nd.

Much of the success is that they are following Market Club. It was a chore getting them used to your service but they are relying on it more and more. The competitions ends in a few weeks and I will let you know the final results.

Thanks for all your help.

Regards,

*Teacher’s name removed for privacy*
Adlai E. Stevenson High School
Lincolnshire, Illinois 60069

Keep up the good work Stevenson High Economic’s club, and good luck in the finals!

Best,
MarketClub

Afternoon Market Update (4/19/2011)

The dollar had a strong day yesterday, but did it hold true for today’s position? What is the next target zone for crude oil? These are just a few questions I address in today’s market update. Also, don’t be afraid of our “Parabolic Studies” tool. It can help you better understand the trend lines.

Don’t miss today’s precursors for tomorrow’s trades!

Click here to view MarketClub’s full Livestream library

Every success,
Adam

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