Hello fellow traders everywhere, Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 3/02/12.
This week, we look at nine major Sectors of the markets and highlight the biggest winners and losers for the week. You may find it interesting to track these stocks in a MarketClub created Watch List. Remember, there are always opportunities in the markets and MarketClub can help you spot the big emerging trends before the crowd.
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SECTOR SCORECARD Weekly Winners
CONSUMER GOODS: Carter's Inc (CRI) + 10.85%
SERVICES: Sears Holding Corporation (SHLD) + 11.29%
HEALTHCARE: Perrigo Company (PRGO) + 16.75%
ENERGY: Cheniere Energy Partners,LP (CQP) + 3.37%
TECHNOLOGY: Zynga Inc (ZNGA) + 13.61%
FINANCIAL: JPMorgan Chase & Co (JPM) + 6.14%
INDUSTRIAL GOODS: Chart Industries (GTLS) + 5.50%
MATERIALS: Chemtura Corporation (CHMT) + 12.59%
UTILITIES: GreenHunter Energy, Inc (GRH) + 10.21%
SECTOR SCORECARD Weekly Losers
CONSUMER GOODS: Gentex Corporation (GNTX) - 8.34%
SERVICES: J.C. Penny Company Inc (JCP) - 6.65%
HEALTHCARE: Dendreon Corporation (DNDN) - 25.02%
ENERGY: Kodiak Oil and Gas Corp (KOG) - 10.87%
TECHNOLOGY: Metro PCS Communications Inc (PCS) - 12.06%
FINANCIAL: First Republic Bank (FRC) - 6.18%
INDUSTRIAL GOODS: Sauer-Danfoss Inc (SHS) -2.01%
MATERIALS: Balchem Corporation (BCPC) - 23.28%
UTILITIES: Connecticuct Water Services Inc (CTWS) - 10.44%
#1 Pro Trading Tip: DON'T FIGHT THE MARKET … MOVE WITH THE MARKET
Now,let's go to the weekly charts and MarketClub's Trade Triangle Technology.
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S&P500 INDEX Video
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CURRENT MARKET TREND: Bullish
*MARKETCLUB TREND SCORE: +100
CHANGE FOR PAST WEEK: + 0.28%
OUTLOOK FOR COMING WEEK: Mixed to Higher
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See suggested S&P 500 trading instruments HERE.
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SILVER (SPOT) Video
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CURRENT MARKET TREND: Bullish
*MARKETCLUB TREND SCORE: +100
CHANGE FOR PAST WEEK: - 1.74%
OUTLOOK FOR COMING WEEK: Mixed to Lower
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See suggested SILVER trading instruments HERE.
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This could jump start your trading in 2012. Click here for more free info
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GOLD (SPOT) Video
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CURRENT MARKET TREND: Trading Range
*MARKETCLUB TREND SCORE: -60
CHANGE FOR PAST WEEK: - 3.37%
OUTLOOK FOR COMING WEEK: Lower
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See suggested GOLD trading instruments HERE.
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COPPER (MAY) Video
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CURRENT MARKET TREND: Trading Range
*MARKETCLUB TREND SCORE: +65
CHANGE FOR PAST WEEK: + 0.87%
OUTLOOK FOR COMING WEEK: Mixed
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See suggested COPPER trading instruments HERE.
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A quick way to Jump Start your trading in 2012. Click here for free info
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CRUDE OIL (APRIL) Video
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CURRENT MARKET TREND: Bullish
*MARKETCLUB TREND SCORE: +75
CHANGE FOR PAST WEEK: - 2.71%
OUTLOOK FOR COMING WEEK: Mixed to Higher
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See suggested CRUDE OIL trading instruments HERE.
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US DOLLAR INDEX (SPOT) Video
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CURRENT MARKET TREND: Trading Range
*MARKETCLUB TREND SCORE: +75
CHANGE FOR PAST WEEK: + 1.32%
OUTLOOK FOR COMING WEEK: Mixed to Higher
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See suggested DOLLAR INDEX trading instruments HERE.
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REUTERS/JEFFRIES CRB COMMODITY INDEX (SPOT) Video
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CURRENT MARKET TREND: Bullish
*MARKETCLUB TREND SCORE: +75
CHANGE FOR PAST WEEK: - 1.38%
OUTLOOK FOR COMING WEEK: Mixed to Higher
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See suggested REUTERS/JEFFERIES CRB COMMODITY INDEX trading instruments HERE.
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* HOW THE MARKETCLUB TREND SCORE SYSTEM WORKS: (Trading Range 50 – 65) : (Emerging Trend 70 – 80) : (Strong Trend 85 – 100). A plus or minus sign before the number indicates the possible future direction for the week.
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This is Adam Hewison for MarketClub, I'll see you Monday, have a great weekend.
The next few weeks look for a healthy gain in silver. Junior minings are the way to go. Silver bars & rounds should be sitting in a box in your closet right now, and over the next few weeks and months that box should be getting heavier and heavier! My eye is on Aurcana Mining (AUNFF) to have a great gain this year along with Proshares Ultra Silver (AGQ). Silver Silver Silver.
or, if yyou are weary of silver's volatility, why not look at platinum and palladium?
Heri,
Both of those markets are too thinly traded. Not enought liquidity for my liking.
Thanks,
Adam
thanks for your always valuable estimations/forecasts, they are a welcomed benchmark for my own daily/weekly analysis
a retailer investor
Adam, I notice on the charts that during the month of may on the weekly oil futures, that oil took a dive. Any seasonality pattern there? Also, the trade triangles on the euro are indicating that euro may continue down, which means strong dollar and weaker therefore traditionally weaker commodities and weaker oil. In other words I see some conflicts here which I know the trade triangles will ultimately resolve.