Are External Issues Stifling The Economy?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Thursday, the 4th of August.

Happy Birthday, Mr. President.

Well, we are a couple of percentage points lower today in the equity markets and unfortunately your administration points the finger at the tsunami in Japan and other external issues that are stifling the economy. It is always someone else's fault and not your administration.

It doesn't matter if you are a Republican or a Democrat, this is YOUR economy and YOUR administration has to accept responsibility for it. You have spent trillions of tax payer's money on unneeded and unwanted legislation, and it is never going to help the country or create jobs.

You came into office on "Hope and Change"... America got neither.

Do you really want to help the country and ensure your reelection? I think you should turn over the billion dollars you are amassing for your reelection campaign to the treasury. I would see that as a very positive gesture and it would likely get you reelected.

You were recommended to lower the corporate tax rate from 34% down to about 27%, earlier in you administration. What happened to that idea? That would mean that millions of small companies could hire more people, plan more and do more. The program was rapidly shelved because it didn't help everybody. Mr. President corporations employ people. Corporations pay taxes. Corporations and the lack of government regulations and interference are what made America run and be a great country.

I think you're probably a very smart man and you should recognize it's time to change course on this spend, spend, spend attitude. You wouldn't do it with your own checkbook, but it seems to be okay to borrow more money and spend more money for the country under the guise that it's all going to work out.

Mr. President, it is not working out.

It's about 16 months before the election and one promise I will make… If there are no radical changes in your policies, with unemployment at 9.2% officially and unofficially closer to 16%, then your chances of getting reelected are going to be ZERO.

P.S. Please don't come on TV again to tell us your latest plan as it will probably send the markets further into a tailspin.

P.P.S. Where's Hillary?

Continue reading "Are External Issues Stifling The Economy?"

Penny Stock Breakdown

Today's Guest Blog Post comes from Michael Stone of Penny Stock Bull Reports. "Exactly what is a Penny Stock?" originally appeared as an Introduction to Michael Stone's latest eBook. In this post, Stone explains the basic concept of what a penny stock is and what the risk vs. reward ratio's entail. If you enjoy this post, please click here to learn more about Penny Stock Bull Reports and receive a complimentary report which will share 3 potential penny stocks poised to breakout.

Many people have heard about Penny stocks and their popularity is unarguable due to the fact that on any given day, millions of shares of these stocks are bought and sold in the United States and the rest of the world.

As long as you are reliably informed about the correct strategies for thriving in penny stock market then you can make more profitable trades more consistently.

If you are wondering what penny stocks are, these are defined by the Securities and Exchange Commission as low priced (usually under $5), high risk securities of startups and other small firms. Some market players regard penny stocks as stocks priced $5 or smaller while others believe the limit should be at $10.  Generally, penny stock companies have a market-cap of less than One Billion Dollars. Continue reading "Penny Stock Breakdown"

This is a very sobering chart...

First published on October 29, 2008. Not much has changed.


Regardless of what others might say, there is no quick fix for the global economy.

To illustrate this point, a friend of mine recently sent me a chart which I would like to share with you. This charts shows that we may be going into a prolonged period of no growth in the overall stock market. The NASDAQ peaked at 5,132.52 on March 10th, 2000. The NASDAQ market is in many ways more important than the DOW, and should be considered more of a leading indicator. If that is truly the case, then we have been in a bear market for the last eight years.

Trading throughout the balance of this decade and into the early part of the next decade is going to be the key to survival and for recovering the profits in your portfolio. We strongly recommend that you approach these markets with some level of expertise and knowledge of technical trading.

The future is going to be the future and we need to take advantage of every moment and prepare ourselves to be the very best we can be in whatever business or endeavor we are pursuing.

Are you happy with what is going on in Washington D.C. and the economy?

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Every success in the future,

Adam Hewison
Co-creator, MarketClub

They Slide Faster Than They Glide!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Wednesday, the 3rd of August.

As you have heard me say many times before... They slide faster than they glide! This is true in the futures markets, the metals, currency and of course, the equity markets. Yesterday we saw the S&P 500 close dramatically below its 200 day moving average. We also had a sell signal on our Monthly Trade Triangle indicator. Today we saw the S&P 500 index break below the recent lows seen in March of this year. The S&P is now lower for the year and looks like it wants to go lower.

Metals on the other hand rose dramatically as everyone jumped at the same market at the same time. Gold traded to new highs, with silver lagging behind. These are volatile times in the markets and perhaps we've seen the thrust of the first wave today.

With the apparent slowdown in the economy reflected by the equity markets, the CRB index and crude oil were pushed to the downside.

We have some very exciting markets right now. These are the type of markets you can both lose and make a lot of money in. Once again we are relying on our proven Trade Triangle Technology which always catches the big moves.

Now, let's go to the markets and see how we can protect and grow your money in 2011.

Continue reading "They Slide Faster Than They Glide!"

Will The S&P 500 Close Lower For The 7th Day In A Row?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Tuesday, the 2nd of August.

A lower close in the S&P 500 today would mark the 7th day in a row that this index has closed lower. This would be very unusual and probably set the market up for a rally or a dead cat bounce in the next day or two. This market is now trading well below its 200 day moving average. However, the same cannot be said for the Dow Jones index which is just above its 200 day moving average.

Gold moved to new highs today, and it is in an area that we feel is an intermediate target zone between $1,640 and $1,650. We would recommend taking partial profits on long positions, but not getting out of all positions.

Crude oil and the CRB index continue to move back and forth without any real direction at this time.

Now, let's go to the markets and see how we can protect and grow your money in 2011.
Continue reading "Will The S&P 500 Close Lower For The 7th Day In A Row?"