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Ukraine or No Ukraine - Are Stocks At A Tipping Point?

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Wednesday, the 5th of March.

There's no question about it, Ukraine and Putin have been causing havoc in the world’s markets. While it's easy to get emotional and jump on one side of the market or the other because of the news, that really is no way to trade. The Trade Triangles are free of human emotion and tend to keep you in the big trends and alert you to new trends as they develop.

From an intellectual level, I don't think that Russia is finished with the Crimea or Ukraine. There's going to be a lot of diplomatic talk, but the bottom line is going to be what Putin wants, he is going to get, no matter what the cost. The Chinese have a saying, "May you live in interesting times" and certainly these are more than interesting times.

So what's ahead? It seems that we are almost at a tipping point in some markets and in other markets it would appear as though we are heading into a multi-year bull market. Gold (FOREX:XAUUSDO) I believe has made a major reversal and has embarked on a multi-year bull market.

I believe as we go into the fifth year of the current bull market, time may be running out for some stocks. I'll be paying close attention to the Trade Triangles should we have a major reversal signal.

One index to look at closely is the Dow Jones industrial Average (DOW), which is in a negative pattern based on the monthly Trade Triangle. Once the weekly Trade Triangle kicks in, one could be fully short this index or out of the market.

I believe there are going to be some amazing opportunities in 2014!

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

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Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.

Comments

  1. Mike W says:

    I use three home grown indicators to predict the movement of the S&P 500 index. Two are monthly and one is weekly. One of the monthly's have triggered a sell signal. As soon as it is confirmed by one of the others it's time to exit promptly. which for me means to move all my funds from equities to a money market fund and wait for the signal to reverse.

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  1. […] week I talked about the US market reaching a tipping point, you can read that post here. What I did not mention is that margin debt, or the money investors borrow from their brokers for […]

  2. […] Adam Hewison Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, […]

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