Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 14th of February.
Trading Tip: DON'T FIGHT THE MARKET … MOVE WITH THE MARKET
Energy flashes a major warning signal.
Today we take a close look at the energy sector.
Here is a way to trade energy.
These two stocks could be providing investors with some big profits in the near-term.
Today's 3 Big Movers:
HOSPIRA INC (HSP), FIDELITY NATIONAL INFORMATION (FIS), and MASCO CORP (MAS).
Did MarketClub's Trade Triangle technology get it right on these three stocks?
Now, let's analyze the charts with MarketClub's Trade Triangle Technology.
-----------------------------------------------------------------------------------------
S&P 500 INDEX
BIG PICTURE: Strong Trend +90
TRADE TRIANGLES: Long-Term = Bullish | Intermediate Term = Bullish | Short-Term = Bullish
MARKETCLUB SCORING SYSTEM: Trading Range 50 – 65 | Emerging Trend 70 – 80 | Strong Trend 85 – 100
The S&P 500 Index continues to move sideways as it regroups above the $1340 area. Longer-term we expect this market to move up to the $1550 to $1600 level by late May, early June based on our cyclic work. With all three of our Trade Triangles green, a bull market is underway. Long and Intermediate term traders should now be holding long positions in this index with appropriate money management stops.
-----------------------------
Watch today’s S&P 500 Video Here.
-----------------------------
Suggested S&P 500 Trading Instruments:
Non Leveraged ETF’s: (Long SPY) (Short SH)
2 x Leveraged ETF’s: (Long SSO)(Short SDS)
Futures: Contracts are available to trade this market. Contact your broker
Options: Options Contracts are available to trade this market.Contact your broker
WARNING: Liquidity in some ETFs is very thin. Contact your broker for more information.
-----------------------------------------------------------------------------------------
PERSONAL MARKETCLUB COACHING
Free consultation, Free call.
Give us a call at: 1-877-219-1482
International: 1-801-341-3981
-----------------------------------------------------------------------------------------
SILVER (SPOT)
BIG PICTURE: Emerging Trend +60
TRADE TRIANGLES: Long-Term = Bearish | Intermediate Term = Bullish | Short-Term = Bullish
MARKETCLUB SCORING SYSTEM: Trading Range 50 – 65 | Emerging Trend 70 – 80 | Strong Trend 85 – 100
For the past 16 days, the silver market has oscillated between support at $33 an ounce and resistance at just over the $34.50 level. With a Score of +60, this market is in a trading range. We think this market is at the top of a trading cycle, but has not provided conclusive proof that the cycle has topped out. With our long-term monthly Trade Triangle in a red negative mode, we expect to see this market run out of steam around current levels. Our long-term monthly Trade Triangle remains negative on silver. This particular indicator has done extremely well in the past. Long-term term traders should be in short positions in silver with appropriate money management stops. Intermediate term traders should be on the sidelines.
-----------------------------
Watch today’s Silver Video Here.
-----------------------------
Suggested SILVER Trading Instruments:
Non Leveraged ETF’s: (Long SLV) (Short the ETF SLV)
Leveraged ETF’s: (Long AGQ) (Short ZSL)
Futures & Options: Contracts are available to trade this market. Contact your broker
WARNING: Liquidity in some ETFs is very thin. Contact your broker for more information.
-----------------------------------------------------------------------------------------
GOLD (SPOT)
BIG PICTURE: Trading Range -55
TRADE TRIANGLES: Long-Term = Bearish | Intermediate Term = Bullish | Short-Term = Bearish
MARKETCLUB SCORING SYSTEM: Trading Range 50 – 65 | Emerging Trend 70 – 80 | Strong Trend 85 – 100
With a Score of -55, this market is in a trading range. The gold market could be moving to an oversold area that may provide further support on any future sell-offs. We would not be surprised to see gold move lower and be on the defensive until the middle of May. With our long-term monthly Trade Triangle still in a negative red mode, we cannot get to excited about this market at the moment. We are not super bearish on this metal, we just need further confirmation with the tools we know are successful in trading gold. Long-term term traders should be in short positions in gold with appropriate money management stops. Intermediate term traders should be on the sidelines.
-----------------------------
Watch today’s Gold Video Here.
-----------------------------
Suggested GOLD Trading Instruments:
Non Leveraged ETF’s: (Long GLD) (Short the ETF GLD)
Leveraged ETF’s:(Long UGL) (Short GLL)
Futures & Options: Contracts are available to trade this market. Contact your broker
WARNING: Liquidity in some ETFs is very thin. Contact your broker for more information.
-----------------------------------------------------------------------------------------
COPPER (MAY)
BIG PICTURE: Trading Range +55
TRADE TRIANGLES: Long-Term = Bullish | Intermediate Term = Bullish | Short-Term = Bearish
MARKETCLUB SCORING SYSTEM: Trading Range 50 – 65 | Emerging Trend 70 – 80 | Strong Trend 85 – 100
ATTENTION: We are now tracking the MAY copper contract. The expected support area at $3.80 was enough to keep the downward pressure on this market in check. We continue to view the longer-term trend in copper as positive. With a Score of +55, we are in a trading range with a bias to the upside and continue to be positive on this market. Look for support at the $3.80 level. The market action looks as though it has created a large base to move higher in the future. Long and Intermediate term traders should now be holding long positions in this index with appropriate money management stops.
-----------------------------
Watch today’s Copper Video Here.
-----------------------------
Suggested Copper Trading Instruments:
Non Leveraged ETF’s: (Long JJC)
Futures & Options: Contracts are available to trade this market. Contact your broker
WARNING: Liquidity in some ETFs is very thin. Contact your broker for more information.
-----------------------------------------------------------------------------------------
CRUDE OIL (APRIL)
BIG PICTURE: Strong Trend +90
TRADE TRIANGLES: Long-Term = Bullish | Intermediate Term = Bullish | Short-Term = Bullish
MARKETCLUB SCORING SYSTEM: Trading Range 50 – 65 | Emerging Trend 70 – 80 | Strong Trend 85 – 100
ATTENTION: We are now tracking the APRIL crude oil contract. We were waiting for the weekly Trade Triangle to kick in and that is exactly what happened today. A strong buy signal with all of our Trade Triangles now green, indicate that crude oil should be moving significantly higher. We are looking for crude oil to make its highs somewhere in the May period. We want to pay close attention to this market as we believe that the recent market action is reflecting an important cyclic low period. With a Score of +90, this market is in a strong trend to the upside. We remain longer term positive on this market. With our monthly, weekly and daily Trade Triangles in a positive mode, we expect we will see further gains in crude oil. Traders should be long this market with appropriate money management stops.
-----------------------------
Watch today’s Crude Oil Video Here.
-----------------------------
Suggested Crude Oil Trading Instruments:
Non Leveraged ETF’s: (Long USO) (Short the ETF USO)
Leveraged ETF’s: (Long UCO) (Short DTO)
Futures & Options: Contracts are available to trade this market. Contact your broker
WARNING: Liquidity in some ETFs is very thin. Contact your broker for more information.
-----------------------------------------------------------------------------------------
Join us for something you can’t afford miss
-----------------------------------------------------------------------------------------
DOLLAR INDEX
BIG PICTURE: Emerging Trend +75
TRADE TRIANGLES: Long-Term = Bullish | Intermediate Term = Bearish | Short-Term = Bullish
MARKETCLUB SCORING SYSTEM: Trading Range 50 – 65 | Emerging Trend 70 – 80 | Strong Trend 85 – 100
The bullish divergence we talked about in this market came about and indicated that it has indeed made a turn. We could see further gains in the dollar index. With a Score of +75, this market is in an emerging trend to the upside. Long term traders using our monthly Trade Triangles should maintain long positions with the appropriate stops in place.
-----------------------------
Watch today’s Dollar Index Video Here.
-----------------------------
Suggested DOLLAR INDEX Trading Instruments:
Non Leveraged ETF’s: (Long UUP) (Short UDN)
Leveraged ETF’s: (Long) (Short)
Futures: Contracts are available to trade this market. Contact your broker
Options: Options Contracts are available to trade this market.Contact your broker
WARNING: Liquidity in some ETFs is very thin. Contact your broker for more information.
-----------------------------------------------------------------------------------------
REUTERS/JEFFERIES CRB COMMODITY INDEX
BIG PICTURE: Trading Range +55
TRADE TRIANGLES: Long-Term = Bearish | Intermediate Term = Bullish | Short-Term = Bearish
MARKETCLUB SCORING SYSTEM: Trading Range 50 – 65 | Emerging Trend 70 – 80 | Strong Trend 85 – 100
This index is in a broad trading range bound by $320 on the upside and $310 on the downside. With a Score of +55, this market remains firmly locked in a trading range. Our longer-term Trade Triangle remains red and negative on this market. Long-term traders should hold short positions in this index with appropriate money management stops.
-----------------------------
Watch today’s REUTERS/JEFFERIES CRB COMMODITY INDEX Video Here.
-----------------------------
Suggested REUTERS/JEFFERIES CRB COMMODITY INDEX Trading Instruments:
Non Leveraged ETF’s: (Long CRBQ) (Short the ETF CRBQ)
Leveraged ETF’s: (Long) (Short CMD)
Futures & Options: Contracts are available to trade this market. Contact your broker
WARNING: Liquidity in some ETFs is very thin. Contact your broker for more information.
-----------------------------------------------------------------------------------------
PERSONAL MARKETCLUB COACHING
Free consultation, Free call.
Give us a call at: 1-877-219-1482
International: 1-801-341-3981
-----------------------------------------------------------------------
This is Adam Hewison for MarketClub and I'll see you tomorrow with my mid-day update. Have a profitable trading day.
Take care everyone,
Adam Hewison
President INO.com and co-founder of MarketClub.com
Thank you for your reply Adam. No, I am not fighting it.
I am also working in market sector and I got valuable information with the help of this blog. Thanks for sharing.
Adam:
I understand what Jim means. It is not intuitive to get access to the videos, I usually have this problem and particularly tonight I have not been able to watch it.
Thanks so much.
Ernesto.
Ernesto,
Thank you for your feedback. I would appreciate any suggestions you have to make it easier.
Thanks,
Adam
You are right, Carlos, we expect the US dollar to go opposite the equities and that's about to happen. Equities are about to tank while the USD will rise.
Thanks. However, I would prefer that the dollar tank and The Market and precious metals rise. We are doing so well with the little bit we are holding long in The Market. (The PMs will take care of themselves).
Why do u have to sign up for the videos every time?
S&P 500 INDEX
BIG PICTURE: Strong Trend +90
DOLLAR INDEX
BIG PICTURE: Emerging Trend +75
I do not understand how these two market sectors can be moving strongly in the SAME direction. Usually, under "NORMAL" conditions, they move in OPPOSITE directions. So, if this is happening, that means that one, or both, of them are being ARTIFICIALLY manipulated. Now, it takes a huge amount of money to do this. And who has that kind of money? Well, The Federal Reserve and the Plunge Protection Team!! a.k.a. Government tinkering with so called "Free Markets". Presumably, a HIGHLY ILLEGAL endeavor!!
Carlos,
Here is my take. Try not to over think the market. Every time you try and rationalize a position you tend to lose money.
DON’T FIGHT THE MARKET … MOVE WITH THE MARKET
All the best,
Adam
Thank you for your reply Adam. No, I am not fighting it. We (wife and I) are with it (LONG) at this time, albeit in a small way, while holding the bulk of our money elsewhere. It is just my engineer's nature to question things that DO NOT COMPUTE.
(You can't teach an old dog new tricks!)
Regards
These are the B.S. emails I hate. "All Systems Are Go For This Important Market Sector"...
OK, so I'll bite, I click on the link and come to your site and get:
Energy flashes a major warning signal.
Today we take a close look at the energy sector.
Here is a way to trade energy.
These two stocks could be providing investors with some big profits in the near-term.
But then there's NOTHING. Change the subject.
DON'T YOU EVEN READ OVER WHAT YOU PUBLISH?
I rarely even bother to look at the stuff you send and when I do, this is what I get.
2 seconds away from saying good bye to you forever.
Jim,
Watch the video that is where the info is. I explain it in very simple terms. Why aren't you getting it? Click on any video link on the page and it will take you there.
All the best,
Adam