Beginners Terminology Webinar Canceled

Unfortunately due to the expected seriousness of the coastal mid-Atlantic storm on Friday, we are canceling tomorrows webinar.

We have rescheduled tomorrow's webinar for Friday, February 26th. You can register or re-register for the Beginners Trading Terminology webinar by clicking here.

We apologize for any inconvenience, but hope you'll be able to join us on February 26th instead.

As always you can view previous webinar recordings or register for upcoming webinars by visiting our webinar archive link.

Susan Jackson
Director of MarketClub Education
INO.com & MarketClub

Why Today's Market Action is Important

No question about it, today's market action caught many people by surprise, but it's important to understand what happened and why it happened from a technical standpoint.

As many of you who have been following my videos already know, MarketClub's “Trade Triangle” technology has been neutral on the indexes since January 20. We have also been bearish on gold since the 22nd of January. So what is happening to the markets?

The recovery in the indexes from March of '09 was basically just that, a recovery. Our Fibonacci retracement indicator was spot-on and points to a potentially more negative down move in the future. All of the indices managed to recover back over 50% of the gains before this recent downturn.

Today, I want to share some significant levels to look for during the balance of February. If these levels are broken and taken out, it would indicate a much more serious problem for the equity markets.

Here are the levels on the indices: S&P 500 key level to watch 1,029.38, NASDAQ key level to watch 2,024.27, and Dow Jones at 9,678.95.

In the case of spot gold, the key level to watch this month is 1,044.20. If the gold market goes below that level, it will signify further retrenchment for this precious metal.

Make no mistake about it, today's action is not positive for the equity markets. However, providing the levels we mentioned above hold, then you could say we're in a broad trading range and we expect the lows to be tested. I, for one, am cynical that this is going to happen.

You may also want to take a look at my recent gold and crude oil videos. Cyclically these markets are right on target and acting the way we expected them to act.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

Two Contrarian Trades for the Coming Decade

The last time Nicholas Vardy was a guest blogger he generated quite a buzz with his article and the comments that followed. This article should do the same, but you'll have to read on and let your thoughts and opinions be heard. After you read the article and comment, please visit Nicholas's site (Global Stock Investor) to read more articles and opinions from him.

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U.S stock markets have just come off of their worst decade ever, with inflation-adjusted returns in the S&P 500 dropping as much as 30%. That's a far cry from what investors were expecting at the turn of the millennium. The Internet was creating paper billionaires overnight.

Fast forward 10 years, and Nasdaq is still 40% below its peak. In addition, the Pew Research Center just designated the past decade as the "worst in 50 years."

But just as there was a technology bubble in 2000, today there is also a strong "pessimism bubble" about the U.S. economy over the coming decade. And like all bubbles, this one will eventually pop – as will the rising China bubble.  Understanding this is the key to ensuring you don’t end up like investors who have spent the last decade waiting for Cisco to "get back up to $80."

Rarely has the global stature of the United States been lower than it is today. A recent Washington Post/ABC poll found that 61% of the American people think the United States is in long-term decline. In another poll, 44% of Americans said that China was the top economic dog in the world, compared with only 27% favoring the United States.

Continue reading "Two Contrarian Trades for the Coming Decade"

Long Entries and the Opposite Thirds Rule

Today I'd like to welcome Steven Lee Jones to the Trader's blog. One of the things that makes him so successful in his trading plan is his entries. Steven has written an interesting article regarding how he enters a trade that I think you will enjoy. Please take time to read the article, comment with your thoughts about his methods, and please visit ForexProfitLauncher.com to watch a video from Steven.

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First of all, I want to thank Adam for allowing me to post here today. I'm mainly a short-term forex trader and over the years I've worked on the following entry method that's proven successful for me. It's not perfect by any stretch, but test it out on your own to see if it might be a good fit for your style. I truly value the blog and hope that my article can give you some insight into my trading and hopefully it can help yours, so let's dive right in.

Continue reading "Long Entries and the Opposite Thirds Rule"

What's Next for MarketClub Webinars?

MarketClub is excited to bring some great topics to the table in the next few weeks! These topics range from a beginner's to a more experienced trading level and we hope you'll be able to find a subject or two among them that you can attend and learn from.

Upcoming topics include:

January 29th - “MarketClub’s Scanning Tools” presented by Jeremy Lutz
February 5th - Beginner’s Trading Terminology presented by Susan Jackson & Lindsay Thompson
February 12th - MarketClub’s “World Commodity Portfolio" presented by Adam Hewison
February 19th - MarketClub’s “Perfect Portfolio” presented by Adam Hewison

We look forward to seeing you at upcoming presentations and welcome your suggestions for webinar subjects and feedback.

See you soon!

Susan Jackson
Webinar Administrator
INO.com & MarketClub