Today's Video Newsletter: Chavez is dead, the DOW hits new highs, and nobody is cheering

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 6th of March.

Venezuela's oil could be a game changer for this one stock. Hugo Chavez is dead. Venezuela's State run energy, PDVSA, is in shambles. Inflation running at a 25% annually. Venezuela has more oil reserves than Saudi Arabia. And lastly, Venezuela has some of the biggest offshore oil reserves in the world, which brings us to... Continue reading "Today's Video Newsletter: Chavez is dead, the DOW hits new highs, and nobody is cheering"

5 Easy Tips for Picking Mutual Funds

In one our recent issues subscriber Jory G. sent us the following question:

“I have a 401(k) with my present employer that has a number of investment options, virtually all of which are mutual funds. Is it possible for Mr. Miller to address in a future letter what we might do to maximize growth or minimize loss in such programs? I realize there are many different 401(k) programs out there, but I just feel overwhelmed when trying to decide which of the funds provide the best growth/protection.”

As all of our readers know, I am neither licensed nor qualified to give personal investment advice. However, I can sure discuss mutual funds in general.

Jory, I would like to back up and start at the beginning. Continue reading "5 Easy Tips for Picking Mutual Funds"

Dow hits record, erasing Great Recession losses

The stock market is back.

Five and a half years after the start of a frightening drop that erased $11 trillion from stock portfolios and made investors despair of ever getting their money back, the Dow Jones industrial average has regained all the losses suffered during the Great Recession and reached a new high. The blue-chip index rose 125.95 points Tuesday and closed at 14,253.77, topping the previous record of 14,164.53 on Oct. 9, 2007, by 89.24 points.

"It signals that things are getting back to normal," says Nicolas Colas, chief market strategist at BNY ConvergEx, a brokerage. "Unemployment is too high, economic growth too sluggish, but stocks are anticipating improvement."

The new record suggests that investors who did not panic and sell their stocks in the 2008-2009 financial crisis have fully recovered. Those who have reinvested dividends or added to their holdings have done even better. Since bottoming at 6,547.05 on March 9, 2009, the Dow has risen 7,706.72 points or 118 percent. Continue reading "Dow hits record, erasing Great Recession losses"

Today's Video Newsletter: Is It Time to buy Google, Short Apple and watch GOLD?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 5th of March.

In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.

CNBC ASIA
Tonight at 9:50p.m. ET, I will be appearing on "Cash Call" on CNBC ASIA.

WHY THE MARKET TOOK A BITE OUT OF APPLE Continue reading "Today's Video Newsletter: Is It Time to buy Google, Short Apple and watch GOLD?"

Today's Video Newsletter: After SEQUESTRATION - 3 Stocks That Are Going to Affect Your Pocketbook!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 4th of March.

In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.

3 STOCKS WORTH WATCHING TODAY:

DOLLAR TREE STORES (DLTR)
Hearing the administration talk about the all the terrible effects of sequestration, we may all end up shopping at DOLLAR TREE STORES (DLTR). We will be looking at this stock today to see why it may be a better bet than Dollar General. Continue reading "Today's Video Newsletter: After SEQUESTRATION - 3 Stocks That Are Going to Affect Your Pocketbook!"