Category: MarketClub Techniques, Tips & Talk

Tips and trick from traders on how to become a better trader.

Kicking The Can Down The Road

Posted on by The INO.com Team

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your market update for Monday, the 11th of July.

Last week, the standout story was the disastrous jobs report.  As this week unfolds, we are faced with more problems such as the debt ceiling and the total lack of cooperation between the Democrats and the Republicans.  It seems as though both parties are firmly entrenched in their own party lines and are failing to see just what it's doing to the country.

We have talked about this before, and the fact that the politicians both in Europe and here in the United States really don't want to face the truth has created the current mess over the last 20-30 years. It is always same old story of "kick the can down the road" and let somebody else take care of it.

Well, it's showtime or should I say it's a showdown now!  We need to get serious about getting this right in this country.  I believe that we got into this together and now we should get out of it together.

Now let's see how we can protect and make your money grow. Continue reading "Kicking The Can Down The Road" →

Indexes are high

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 7th of July.

The indexes are all higher for the day and are now close to major resistance basis the S&P 500. Our trade triangle technology has been bullish on the S&P 500 since $1,300 and we are sitting on some nice profits. However I do believe that we are close to a cycle high period and that we could see some profit-taking coming into the index markets next week. The current rally has been on extremely light volume even for summer trading.

Crude oil pushed upwards to the $100 a barrel range today and I think perhaps we are close to seeing this market peter out and take a rest in the short term. Technically, the market is fast approaching the upward level of its Donchian trade channel. I expect that we will see some profit taking coming in around current levels.

Other markets were generally quiet so far today.

Now let's see how we can protect and make your money grow. Click here to watch the video. Continue reading "Indexes are high" →

Metal Markets steal the spotlight

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 6th of July.

The stars of the show today have to be the metal markets. Gold has rallied $50 from the low that we witnessed last week and is up over 1% today.  Silver is even better with a rally of 1.82%. It seems as though the global anxiety factor is creeping back into the markets and people are getting more and more distrustful of what's going on in the world.

The question is, can the Democrats and Republicans stop their bickering long enough and come to an agreement on the debt ceiling? Eventually, I'm sure there will be some sort of compromise that will probably make both the liberals and the conservatives mad. It's really time to stop all this bickering and start making some hard and difficult choices. I'm not sure the current set of politicians have the chutzpah to do this.

The banks stocks took a little hit today and it's clear that these stocks are not out of the woods yet.

Let's take a look at how things are shaping up today and go to the charts to see how we can protect and make your money grow. Click here to watch the video. Continue reading "Metal Markets steal the spotlight" →

Crude Oil + Precious Metals = Strong Moves

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 Tuesday the 5th of July.

The big story today has to be the moves in both crude oil and precious metals. Both of these markets have made strong upward moves. The crude oil dump of 30 million barrels is history and it underscores just how little influence anyone has over what is arguably the most precious commodity for any industrialized country.

Is it just me or is there a whole lot of smoke and mirrors going on in the political/financial world today. It seems that politicians continue to kick the can down the road when no politician either here in the states or anywhere else for that matter wants to say there is no more money!

Is there a chance that Germany wants out of the euro? I believe there is. I also think that German citizens will ultimately become enraged at having to bail out weaker countries like Greece, Spain, Portugal. France of course has a huge risk as they have the most exposure to Greece. Continue reading "Crude Oil + Precious Metals = Strong Moves" →