Hi,
Adam Hewison here. I have just updated a new MarketClub Minute. To watch just click on the This Week's MarketClub Minute box on the right hand side of this page. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
The MarketClub Minute series is updated every Saturday by 10:30 am EST.
Enjoy,
Adam
The dramatic run up that we have seen in the S&P 500 may be coming to an end. The retracement back over the 840 level should provide sufficient resistance to reverse this market to the downside.
Now here is the caveat, our long-term indicator, the monthly "Trade Triangle" remains negative on this 
market. While the direction of our weekly timing "Trade Triangle" is on the sidelines and neutral. This has created a conflict, meaning that conservative traders should remain on the sidelines to protect capital.
I am looking for an area to once again get short this market and trade with the major trend in our favor.
My downside target zone is for an eventual move down to the 500 level. Only if we take out highs as I mention in the 
video, then this analysis will change. Continue reading "What now for the S&P500?"
Inflation or deflation? I'm pretty sure just about everyone reading this has heard this debate in one form or another in recent weeks. Well which is it...? There are points to be made for either side of this debate and today we will hear a good friend of ours James McClung of Stock Shotz.tv, state his case for inflation. What do you think? Leave us a comment and let us know and be sure to stop by Stock Shotz for more on the great debate and interviews with some of the most respected names in the trading world.
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We have been exploring the inflation vs. deflation debate on our show for several months and while we have heard compelling arguments on both sides---we believe that we are headed for a period of massive inflation. Will most be surprised? Yes. Most of you know that at Stock Shotz, we take a common sense approach to the markets. So as we explored this debate we did a little unsophisticated research to assist with our analysis. We started by heading down to the local grocery store to see if the price of a gallon of milk, which was marked up almost daily as the price of oil increased last summer, had gone down in the same proportion as had a barrel of oil. Answer--NO.
What? No, but what about the argument that we are in a period of deflation? Isn't the demand for milk so sparse that they are dropping the price with each gallon? Not hardly.
As more and more technical indicators become more taught, followed...and misunderstood I wanted to geta contrarian view of the MACD. I asked Mark Young from ChartSmarts and Wall Street Sentiment to do that for us. I've known Mark for a while and can attest to his knowledge so please take some time and read the article below and comment as you see fit! You can also learn more about MACD HERE.
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Throughout my 28 year career as an investment professional, I've learned that you've got to do things differently if you expect to beat the averages. More importantly, I've learned that one has to separate oneself from the herd if one wants to avoid being trampled by them. As such, I'm always looking for an edge to set my trading apart.
With that approach in mind, I'm going to risk being mistaken for an investment "guru" cliche' and tell you that I've got a secret "they" don't want you to know: The most popular technical indicator available today-- is a fade.
Continue reading "Breaking Away From the Herd: A Contrarian View of the MACD"
It takes a big man to admit a mistake, especially when the mistake almost crippled an industry giant. Rick Wagoner, former GM CEO, came clean this week admitting his mistakes. Now, no one likes to see anyone lose a job, but this mistake placed General Motors (NYSE_GM) in jeopardy years ago.
So what was Rick Wagoner's big mistake?
Continue reading "General Motors Rick Wagoner finally admits his biggest mistake"
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