Category: General

Advanced Technical Indicators - Bollinger Bands

Posted on by The INO.com Team

If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple. If you like this article, Larry’s also agreed to give you free access to his favorite technique.

Let's take another look at a more advanced technical tool - Bollinger Bands. These were developed by John Bollinger in the 1980s. In simple terms, they use a simple moving average and standard deviations to give a different perspective on potential highs and lows. Continue reading "Advanced Technical Indicators - Bollinger Bands" →

Is The Market Ready For A Rally?

Posted on by The INO.com Team

Updated with video from Adam at 5:16 EST.

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Tuesday, the 30th of August.

The equity markets put in a very strong performance yesterday, pushing to their best levels since August 5th.  We would not be surprised to see this very overbought market possibly rally to the 1230 area and 1250 zone.

The gold market once again bounced over the $1,800 an ounce hurdle and is currently trading at $1,822.  This market needs to regroup further if it is going to challenge the $2000 level.  The trend is in a positive mode despite the recent $200 pullback.

Crude oil is now very much overbought and approaching the upper levels of the Donchian trading channel.  We expect that this channel and the fact that this market is overbought will provide enough resistance to any halt any further upside action.

The dollar index continues to bounce off the support level of 73.50 which we have outlined on numerous occasions.  Currently this market is trading at 74.00.

The CRB index has rallied quite dramatically after making a low on August 9th.  This market is largely reflective of the move in crude oil.

Now, let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Is The Market Ready For A Rally?" →

It Has Been Quite A Week

Posted on by The INO.com Team

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Friday, the 26th of August.

It has been quite a week here in the Northeast, where MarketClub and INO.com are located.  We had an earthquake on Tuesday measuring 5.8, which by our standards is huge!  And if that were not enough, we are batting down the hatches as it looks like we are going to get slammed by hurricane Irene.

It makes the volatility in the markets look like a cake walk.

Let's see how the markets are playing out and go to the 6 major markets we track every day. Continue reading "It Has Been Quite A Week" →

Earthquake, Hurricane, and Warren Buffett

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Thursday, the 25th of August.

Boy what a week we are having!

First, Mother Nature sends an earthquake AND hurricane Irene to the east coast, then we get news that Warren Buffet is buying 5 billion dollars worth of Bank of America stock. The only thing that seems to be holding true is that the trend has remained our friend here at MarketClub!

Now, let’s go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Earthquake, Hurricane, and Warren Buffett" →

Yesterday, We Posed The Question....

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Wednesday, the 24th of August.

Yesterday we posed the questions: Has the Gold and Silver market topped out? And have we seen the bottom in the Equity markets?

Today, Gold and Silver confirmed that they have topped out for the time being. The Equity markets are another story, and I'm not quite sure that we have seen a bottom put in place for those markets.

Be sure to catch tomorrow morning's post! Most markets go through seven distinguishable steps and it would appear that Gold has met all those criteria. This post will be invaluable, in my opinion, for any serious trader. I think you'll find it very timely and interesting. You should make yourself aware of these seven steps so you can recognize them in the future.

Now, let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Yesterday, We Posed The Question...." →