Gold hasn't lost its shine, but Crude oil took a hit today. Watch Adam's 1 PM update to get a detailed account for all of the big markets:
MarketClub TV has been canceled this week due to scheduling. Adam is leaving tomorrow to celebrate his daughter's wedding this weekend, so I guess we will let him off the hook. In place of MarketClub TV, Adam will be recording a video to cover all of the major markets to keep you on your toes for the rest of the week. That video will be posted to the blog later this evening, so be sure to check in later. Also, Susan will be bringing you your 1 PM updates for the remainder of the week. Have no fear...MarketClub is here!
Watch past MarketClub recordings in our Livestream Library.
Best,
The MarketClub Team
broad brush. Candlesticks draw on the same open-high-low-close data as do bars. Here the length of the bar, or “candle,” is determined by the high and low, but the area between the open and close is considered the most important.This area, the “body” of the candle, is filled with blue (or white for most charting programs) for closes higher than open, and is filled with red (or black from most charting programs) for down days. The wicks above and below constitute the “shadow” of the candle, or high or low.
No one can be successfully accurate at predicting the markets...at least not on a regular basis. But when there's an Android Tablet to win, you might as well try!
