Finding an Edge with Support and Resistance

Today I would like to introduce Karen of Wealth Wizard World. Karen is an experienced trader who took an interest in the markets at a very young age has continued since then. Through her own blog and website, Karen shares what she has learned in her twenty-plus years and today she has agreed to share this knowledge with Trader's Blog readers as well.

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I’ve traded for many years - about 20 to be precise. During the early years, I read everything I could get my hands on and tried several methods. The lessons learned were not what to do, but what not to do, and yet I was looking for something more.

There are lots of indicators to use and chart patterns to watch. What bothered me was that I realized that indicators lag. They respond to the movement of price.

Chart patterns work very well for some people, but they didn’t do much for me. I saw several head and shoulders patterns break to new highs; flags, pennants, and wedges break opposite of what they were supposed to do. What was an eager, studious, young trader supposed to do?

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Another Profitable Quarter for the Perfect Portfolio

We first introduced the “Perfect Portfolio” theory in early October and posted updates here and here.

We plan to update the hypothetical “Perfect Portfolio” every quarter to show exactly how you can utilize what I believe is a very conservative, but profitable approach to markets. We're using four, very liquid and well known ETF's that I believe are going to be very important in the investment world for the next three years.

The results of the “Perfect Portfolio” for Q4 were as follows: The ETF GLD that tracks gold bullion managed to gain 8.55% for the quarter. Our next ETF, FXE which tracks the Euro, suffered a small loss of 2.9% for the quarter. The star performer for the quarter was USO, which tracks crude oil. This market had a positive return of 8.63%. Our last ETF is SPY, which tracks the S&P 500, and this market put in a very respectable 5.63% return at the end of December.

The average return for the “Perfect Portfolio” for the quarter was 5.13%. This was lower than some other quarters simply because the markets were less volatile. In the future we expect this portfolio to continue to do well and we will be reporting on this blog on a quarterly basis with the results.

If you have any questions on the hypothetical “Perfect Portfolio” and how you can use this strategy with your own account and brokerage company please feel free to contact our office at 410-867-2100. Any one of our professional member relationship team can help answer questions on the “Perfect Portfolio”.

All the best,

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

What the Gold Super Cycle means for your pocketbook

Hello all MarketClub members,

This is Adam Hewison and I am happy to say that I am back from "down under". I was visiting my daughter who just married a wonderful man from New Zealand and our family had a wonderful time celebrating the event.

Now that I have my market legs back and I'm in the right time zone, I wanted to create a video for you on gold. Before you get to that video you may want to watch this video that I recorded on 9/21 of last year. It proved to be very prophetic.

Continue reading "What the Gold Super Cycle means for your pocketbook"

Is the Dow in Trouble?

Hello everyone this is Adam Hewison. I just got back from New Zealand and Australia and when I returned from "down under" and studied the charts this past weekend, I can see that the major indices have not fared well while I was away.

For some time now we've been very concerned that all the major indexes are in the "thin air" and have exceeded some key Fibonacci retracement levels. This new short video explores that and looks at a key Japanese candlestick formation that could really make a difference and be the first clue in the demise of the Dow.

Continue reading "Is the Dow in Trouble?"

The MarketClub Minute - Lesson 7

In just one minute, Adam will share a simple technique to keep the "odds in your favor". It's what he and co-founder Dave Maher have built MarketClub to help you do.

Click here to see what this strategy is and share your tips with our other readers in the comments section.

Best,

Adam and The MarketClub Team