KEEP IT SIMPLE
There is no doubt about it, events in the world are as crazy and complicated as ever as we head into the Thanksgiving holiday.
Just look at the multitude of challenges investors are facing at this very moment:
* MIDDLE EAST: A potential explosive situation developing between Israel and Gaza.
* UNITED STATES: The fiscal cliff, as it gets closer everyday.
* EUROPE: How can we overlook the long playing Greek and European disaster that is slowly unfolding and exposing the free world to even greater risk?
And that's just three challenges we know about. I'm sure there will be more as we move into the New Year.
So what are investors to do?
Here at MarketClub, our strategy has always been to "keep it short and simple" or "K.I.S.S." The K.I.S.S. principle states that most systems work best if they are kept simple rather than made complex, therefore simplicity should be a key goal for traders and unnecessary complexity should be avoided.
We use the K.I.S.S. principle for MarketClub and our Trade Triangle technology, and that's why our approach looks so simple from the outside. The reality is, we have taken a complex algorithm and simplified it down to a very basic strategy. Is the market going up, down, or sideways?
The K.I.S.S. acronym was coined by Kelly Johnson, lead engineer at the Lockheed Skunk Works (creators of the Lockheed U-2 and SR-71 Blackbird spy planes, among many others). If it is good enough for spy planes, then it is good enough to spy on the market.
KEEP AN EYE ON OIL AND GOLD THIS WEEK
Pay close attention to gold this week. A move over the $1,738 level will indicate that all is not well in the world, and that you should be buying gold to protect your purchasing power. This could be in the form of a futures contract, an ETF (GLD or IAU), or physical gold.
January crude oil should be monitored closely this week, as a move over $89.67 should be seen as a trigger point to seriously get long this commodity.
STOCKS TO BUY TODAY:
SSTOCKS TO EXIT TODAY:
Now, let's go to the markets and see what our Trade Triangles are indicating.
Have a great trading day,
Founder & President INO.com and co-founder of MarketClub.com.