No more Twinkies and why Apple is the perfect example of …

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 16th of November.

NO MORE TWINKIES!

Today we lost a little bit of American history.

Hostess Brands, Inc., founded as Interstate Bakeries Corporation (IBC) in 1930, was the largest wholesale baker and distributor of bakery products in the United States and is the owner of Twinkies and a host of other well known American brands.

After threatening on November 14th to liquidate unless bakers striking in protest against a new contract imposed in bankruptcy court returned to work, management announced today they have ceased operations at all plants. All 18,500 employees are being laid off … so long Twinkies.

APPLE IS THE PERFECT EXAMPLE OF … Continue reading "No more Twinkies and why Apple is the perfect example of …"

Chart to Watch - Natural Gas

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of March Natural Gas (NG.H13.E).

I hope you are having a GREAT week !

This week we will take a look at March Natural Gas.

The monthly MarketClub Trade Triangle for Natural Gas is green which means the long-term trend is up. Continue reading "Chart to Watch - Natural Gas"

When you read about it, it's too late!!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 15th of November.

It's too late!

All we have been hearing about lately is the infamous "Fiscal Cliff". The "Fiscal Cliff" has become an obsession with the financial press and you cannot turn on a financial cable news show or read news on the web without the "Fiscal Cliff" looming over us like a big storm cloud.

Here's a reality check: Long before you could read about the "Fiscal Cliff" problem, the markets were telling you in no uncertain terms that things were not rosy for the economy. We're not saying the markets knew that Gov. Romney was not going to get elected, that the "Fiscal Cliff" was about to hit us like a rogue asteroid, and that Europe was about to implode. The reason doesn't matter, the markets started heading south over a month ago! Continue reading "When you read about it, it's too late!!"

Oil and Gas Volatility Creates Winners and Losers: Robert Cooper

The Energy Report: It's been about one year since we last spoke, Robert. What do you think have been the most significant developments in the North American oil and gas industry since then?

Robert Cooper: It's a dynamic business, and a number of changes have occurred. First, the macroeconomic backdrop remains murky, resulting in persistent volatility in equity and commodity markets. Investors remain wary of putting on riskier trades because the visibility simply isn't there. The fear that some Monday morning we'll wake up with a negative surprise is inhibiting risk taking and impacting small-cap growth equities, particularly.

"The winners tend to be experienced managers with proven track records."

Second, the rapid increase in U.S. oil production has negatively impacted Canadian producer net-backs. The spread between Canadian light oil prices and the U.S. equivalent has been much more volatile than historical rates. The lack of pipeline capacity has exacerbated this trend and given rise to alternative methods of transportation, such as oil-by-rail. But overall, the "differential risk" has been added to the list of risk factors investors assume when investing in the oil and gas sector.

Finally, the natural gas market, after a period of massive oversupply, has, in our view, self-corrected and appears to have returned to balance. Continue reading "Oil and Gas Volatility Creates Winners and Losers: Robert Cooper"

Why Copper Is a Critical Metal: Mickey Fulp

The Critical Metals Report: In the past, there has been some confusion about the term "critical metals." What do you consider to be critical metals and why?

Mickey Fulp: Critical metals are the major metals that are used globally in industrial applications and are essential for world economic health. They include iron, aluminum, copper, the various iron alloys, zinc, lead, tin and uranium. These are the real "critical metals," the ones that enable the world's economy to function.

TCMR: So your classification of a critical metal is based on the need and the supply and demand, is that correct?

"Critical metals are the major metals that are used globally in industrial applications and are essential for world economic health."

MF: It's based on the fact that they have major tonnages mined and processed and are essential to industry and world economic health. Critical metals either trade on worldwide markets through spot, futures and options or they trade as bulk dry commodities, as iron ore does. Continue reading "Why Copper Is a Critical Metal: Mickey Fulp"