7 Highlights From My Recent Holiday Down Under

My Daughter’s Wedding The number one reason my wife and I traveled halfway around the world was, of course, our daughter's wedding in New Zealand. My daughter married a wonderful young man from New Zealand who we are all thrilled about and being her dad, this was most important.  I'm happy to report that my daughter looked beautiful and the wedding was fantastic. The bride and groom were blessed with a rare double rainbow at the reception.

Franz Joseph and Fox Glaciers After the wedding my wife and I took off for a helicopter tour of the Franz Joseph and Fox glaciers. I must admit that we were very lucky with the weather and were able to land on the top of the glacier.  It was an experience I hope you all get to enjoy in the future. After our adventures on the North Island, we flew down to the South Island. It was there that we had one of the most amazing experiences with the geography of New Zealand. We stayed in Queenstown, which is a mecca for thrill seekers. Among the exciting activities offered are parasailing, bungee jumping, jet boats and skydiving.  Basically, you name it and they do it there. My wife very wisely held me back from doing something really stupid like jumping out of an airplane, but I have put it in my list of things to do in the future, maybe next year?

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Trader’s Whiteboard: Lesson 8

Despite a shaky economy recently, there are traders still making money. If you're wondering how, watch today's Trader's Whiteboard video where Adam will share how you can be successful in any market. He points out 5 components that every trader can put in place and see results immediately.

Click here to see the last installment in the Trader's Whiteboard series and beef up your trading strategy.

Enjoy!

The MarketClub Team

Five Reasons Why Gold Will Not Make A New High This Time

Gold has made some exciting moves recently, but what can we expect in the future? In today’s video, I point out five reasons that I do not expect gold to make a new high just yet.

If the current cycle persists, there will be some interesting trades to be had in this market and a possible new high before summer.

The video is free to watch and there are no registration requirements. I hope you enjoy this gold update and make a comment on the blog about how you feel about this video and this market.

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

Pulling the Trigger Exercises

Today I'd like everyone to welcome Larry Levin. Larry is a very well known trader and is often featured on CNBC and other financial television shows, and today he's going to be talking about one of the hardest things we as traders must do - pull the trigger! He's got some excellent advice that can be applied to all levels of traders. Please enjoy the article, comment below, and visit LarrysBook.com to learn more about Larry and check out his book.

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Sometimes we can’t pull the trigger when we sense an opportunity in the market for one reason; we’re afraid!  But we are not afraid of the market, we’re afraid of ourselves.  Our fear comes from not trusting in ourselves to act in our own best interest.

You fear your inability to do what you need to do, when you need to do it, without hesitation.  Being afraid causes us to freeze and makes us unable to pull the trigger to execute our trades.  This causes missed opportunities, but the result of these missed opportunities is the real problem of not being able to pull the trigger.

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Jim Cramer Actually Got It Right... Only, Three Months Later?

It's no secret that we've been socked with snow this past week. During that time, I was flipping through channels and came across Jim Cramer's show Mad Money. I've said this before, Jim is a great entertainer. I am not so sure how good he is at picking stocks.

He mentioned shorting one stock, Garmin (symbol GRMN). What he said about Garmin sort of made sense to me both from a technical and fundamental viewpoint.

So here is the fundamental viewpoint... Many of the new phones that are coming to market are referred to as "smart phones" and have the same capabilities as a standalone, turn-by-turn GPS. In my own case, I have an Apple iPhone. I was looking for a navigational application in the App Store and found exactly what I needed and the good news was - it was free, that's right free. So the question is, why would anyone pay $150, $200, or even $300 to Garmin to have one of their systems? Fundamentally, I think his case is very sound.

Then, I looked at the technical picture for Garmin and noticed that we had a red monthly "Trade Triangle" sell signal some time ago (November 4th to be exact at the price point $27.06). So here we are some three to four months later having Jim Cramer tell us that Garmin may be a short.

For my money, I want to be trading the "Trade Triangles" and not listening to Jim Cramer and getting old news.

In this short video on Garmin, you will see exactly what were looking at and where the signals kick in. I also point out where one very important technical indicator is at a tipping point.

As always our videos are free to watch and there are no registration requirements.

I hope you enjoy the video and make a comment on the blog about how you feel about this market.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub