Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday the 13th of January.
The FED vs Trade Triangles
How the FED missed the housing bust and the Trade Triangles got it right.
PULTEGROUP (PHM)
3 STOCKS ...
ALPHA NATURAL RESOURCES (ANR), CONSOLIDATED ENERGY INC (CNX) and Continue reading "Caution warranted in the markets as we go into a long weekend"
I wanted to share this with you this morning to show that the only thing you can count on is yourself and the market. When you listen to the hype and not the market you are going to lose money. This from our news partner AP. We welcome your comments.
Adam
(AP:NEW YORK) JPMorgan Chase says its income fell 23 percent in the fourth quarter of 2011 after the bank set aside a large sum for litigation reserves and its investment banking income declined.
The largest bank in the nation said Friday it earned $3.7 billion, or 90 cents per share. The results fell short of the 93 cents per share estimated by analysts surveyed by FactSet.
The New York bank set aside $528 million for additional litigation charges related to poorly-written mortgages, while an accounting charge led to a $567 million loss. However, as more credit card customers paid on time, the bank was able to take out $730 million from its loan reserves set aside for credit card defaults.
JPMorgan's stock fell 2.3 percent to $36.01 in pre-market trading.
Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 12th of January.
If the news from Europe is so good today, why is gold moving higher?
We will show you how our Trade Triangles are viewing this market.
3 Stocks ...
Wynn Resorts Ltd (WYNN), Sears Holding Corp (SHLD) and Continue reading "Gold and the Euro are in the spotlight, plus this special stock just flashed on our radar screen..."
Updated with today's video.
Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 11th of January.
Chinese stocks... are they poised for profits or will they be poison for your portfolio?
We look at how our Trade Triangles view these three Chinese stocks and share with you how we see them trading.
3 Stocks on the move
First Solar Inc. (FSLR), Urban Outfitters Inc. (URBN), and Continue reading "China, Europe, and the USA… where to put your money right now"
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