Not an impressive close in the equity markets today. My gut feeling is this market can have a tumble on Friday.
If the equity markets take out Wednesday's low, look for scramble by the bulls for the exit doors.
No matter what tomorrow is going to produce a big move one way or the other. My guess is going to be on the downside.
All the best,
Adam
We've all been there, where we're watching a trade thinking "man I'm totally upside down on this one", when out of the blue it turns around and you pay for the mortguage! That's a lucky trade! Today I've invited Rick Thachuk from WorldLinkFutures.com to open himself up and tell us about the luckiest trade he's ever had.
He wants this to be an open discussion so please tell us about your luckiest trade so we can see just how lucky you were!
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It is often said that it is better to be lucky than be good. Despite years of formal education in Financial Market Economics and business, and despite countless hours of studying charts, news and trade videos, my best trade was one in which I literally had no idea what I was doing. Here's my story....
With the S&P 500 falling to a fresh two-week low, the big question is this a correction, or the start of a major trend on the downside?
I have just finished a short video that details many of the key concerns that we have for this market. If you have not seen our videos before you may enjoy this one. This video does not require a plug-in.
The video is free to watch and there is no need to register. I would love to get your feedback about this video on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
Attention all MarketClub members: Look for bigger charts today. Our goal is to just keep making MarketClub better and better for you.
The MarketClub Team
Will the long-term support line stop the hemorrhaging in the gold market?
In my new short video I will show you some of the key elements and levels that I think should come in and support the gold market. The video is quite short, but it will lead you step by step into the detailed analysis of this not so precious metal.
See my personal guarantee here
The video is free to watch and there is no need to register. I would love to get your feedback about this video on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub
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