Author: The INO.com Team

The Battle Continues Between the Bulls and the Bears - Weekend Video Update

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 9/16/11.

The battle between the Bulls and Bears continues in the equity markets. This past week the Bulls won with a very positive 5.35% return.

Out of the 6 markets that we track, only two closed with a positive gain for the week and they were the S&P 500 index and crude oil. We consider both of these moves counter trend rallies.

Both the silver and gold markets lost ground last week, with silver closing down 1.89% and gold dropping 2.36%.

The Dollar Index saw some profit taking and closed down .85% for the week.

The Reuters/Jefferies CRB Commodity Index also came under pressure and closed down 1.38% in line with the general trend.

Let's go take a look at the markets and see how we can preserve and protect and grow your capital in 2011.

Continue reading "The Battle Continues Between the Bulls and the Bears - Weekend Video Update" →

Is It Time To Ditch Your Blackberry?

Posted on by The INO.com Team

Shares of RIMM took a major hit today, closing down 18.99% a share. This came in the wake of a highly disappointing August quarter financial report after the close on Thursday. RIMM reported disappointing sales, profits short of estimates, and weaker-than-expected sales of both BlackBerry smartphones and Playbook tablets.

However, MarketClub members have been short this market since March.

The trend is your friend, and so are MarketClub’s “Trade Triangles.”

 

 

 

 

 

 

 

Every success,

Jeremy Lutz and The MarketClub Team

P.S. To learn more about the club Where Members Profit, click here.

Is America Planning on Rescuing Europe Again?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Friday, the 16th of September.

Seventy years ago, the United States went over to Europe to save Europe from an imminent Nazi invasion. It was a different world back then and America was a different country. At that time, America was a strong growing nation having just come out of the depression years.

Here we are seventy years later, once again going over to save Europe. Let me rephrase that, Timmy Geithner is going to help save Europe again. Somehow, I just don't buy it.

The EuroZone is in deep, deep financial trouble.  America is not the America of the past, when it was the driving force of the world's economy. That was when people used to work hard and we made things in America. American's used to be able to save money. Continue reading "Is America Planning on Rescuing Europe Again?" →

Understanding Candlestick Patterns - Kicking

Posted on by The INO.com Team

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple and straight-to-the-point. If you like this article, Larry’s also agreed to give you free access to one of his top trading secrets.

I think it's time for another look at Japanese candlestick analysis. Let's take a closer look at kicking, widely considered a high reliability pattern in candlestick charts. Continue reading "Understanding Candlestick Patterns - Kicking" →

LOSSES EVERYWHERE!

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Thursday, the 15th of September.

A rogue trader loses two billion dollars for UBS! Are you kidding me?! Here's a major bank that wants your money and one guy blows $2 billion! Where was the supervision? Where were the risk controls for the bank?

Where I trade, you could never get away with that kind of economic garbage. I guess the question is, who was minding the store when all this happened? The next question would be, is this the tip of the iceberg? This huge loss of $2 billion is miniscule compared to the losses the banks have on their books with foreclosures and sub-prime mortgages.

Well, it would seem as though this is the week for losses.

The company, Solyndra, that was backed by the current administration to the tune of $523 million, just declared bankruptcy twelve months after they were given the government loan. That equates to a burn rate of over $40 million a month. That's faster and more than the .com companies were burning through in 2000.

Does anybody really think the problems with Greece are over? None of the politicians will ever have the courage to admit that they are up a creek without a paddle. The answer it seems from every politician is to tax, tax, and tax more. In the case of Greece, we are going to see the people that have any wealth whatsoever leave the country. Taxes don't solve problems. People, businesses and entrepreneurs solve problems.

There is not one government program that I can think of that is (1) efficient and (2) successful.

All this talk about massive losses and taxes is quite depressing, so let's lighten the mood and go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "LOSSES EVERYWHERE!" →