The "World Cup Portfolio" returns to its winning ways in Q2

MarketClub's "World Cup Portfolio"(WCP - formerly World Commodity Portfolio)  returned to its winning ways in Q2 as the markets proved to be in a trending and profitable mode. Just as we predicted in our last report, Q2 put us into the black and on our way to a good year. The return for the quarter was 14% based on the $50,000 needed to fund the "World Cup Portfolio".

With the completion of Q2, we now have three solid years under our belt. The annual return using the "World Cup Portfolio" has produced a return on average of 227% per annum. While this is an amazing return, we do not think it is sustainable, nor should it be seen as a sustainable return in the future.

Continue reading "The "World Cup Portfolio" returns to its winning ways in Q2"

Elliot Wave, Fibonacci and, Candlesticks: Part 2

Today's guest is Gary Wagner of The Forex Gold Forecast who shared shared part one of his unique triple-play of forex gold analysis in a blog post titled, "A New Technical Triad and Gold". In part 2 of his strategy, Gary explores what is now happening in the gold market and what we might expect before fall.

We hope you enjoys today's post and leave your comments for Gary below.

-------------------------------------------------------------------------------------------------------------------------------------------------------

Where Might Gold Head This Summer

Trading the gold market might look easy when you consider that it has gone up $282 dollars in one year. However anyone involved in gold trading whether it be through Comex, Forex or Eft’s will tell you different.  This is part 2 of a blog which began on May 13, 2010 (you can find that post here).  In part one we spoke about the relevance of using Elliot wave, Fibonacci retracement and candlestick patterns as 3 tools well suited for market analysis and forecasting gold prices. This part two will continue where we left off. On May 13th we were nearing the top of wave 3 in Forex gold. Since that time we have completed that wave, seeing gold trade to a new historical high of first 1248, then after a correction (wave 4) to a new all time high in wave 5 of 1265.

Continue reading "Elliot Wave, Fibonacci and, Candlesticks: Part 2"

Gold closes out Q2 on the plus side

The gold market has had a lot of publicity and been under intense scrutiny lately as investors, both conservative (Glenn Beck) and liberal (George Soros), are weighing in and recommending a position in gold.

Certainly the trend in gold remains positive, however there are some possible early chinks in the gold armor that I want to bring to your attention in this short video.

I invite you to watch this video with no strings attached and to leave us a comment on this popular market.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub

The Euro makes a stand

After dipping just below the 1.20 level, the euro had a brief rally that pushed this currency back up to the 1.24/1.25 area. This corrective rally did not change the longer-term outlook for this market.

In this new short video (less than two minutes in length), you'll see our updated thinking on this currency.

Like all of our videos, there is no need to register and we encourage you to leave your thoughts below.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub