They Slide Faster Than They Glide

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Friday, the 19th of August.

"They slide faster than they glide"

I learned that rule more than 30 years ago when I was trading in the pits as a member of the CME.  Translated it means, markets go down faster than they go up.  We only have to look at the last two or three weeks to see how true that saying is.

It's Friday!  It's the end of the week and investors are shell shocked and for the most part very nervous.  A weekly close today in the S&P500 below 1,178.81 reinforces the bearish outlook for equities in general.

In contrast, gold is up over $100 for the week and looks like it is getting pulled closer and closer to the magical $2,000 level.  If the chaos in Europe continues, gold will continue to benefit.

The trend in crude oil continues to be on a negative track and is down about $3 for the week, at the time of this writing.

Enough analysis, 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 "They Slide Faster Than They Glide"

SKF, the banks, Fibonacci trading, and why the markets crashed

Last night on MarketClub TV, Susan and I discussed what we and the “Triangles” saw in the markets in the days to come and well, it didn’t even take days. In a little more than 12 hours, the markets showed us that we were dead on.

SKF discussed in the above video recorded on Wednesday is up + 9.8% today!

Of course, even we know that we can’t be right all the time, but more often than not MarketClub has put us on the right side of many markets. Want to see for yourself? For the first time ever, we’re offering you a MarketClub membership at a price you’d be crazy to refuse. Click here to find out more.

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

The Trend is Your Friend

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Thursday, the 18th of August.

The Trend is Your Friend - How true those word are today!

We have been on the right side of the markets for quite some time now.  It is in times like these when technical analysis really shines.  It doesn't matter if you have a strong upward trend in gold or a downward spiraling trend in stocks, technical analysis works.

In case you missed last night's MarketClubTV show, please check it out HERE and see what we were saying about bank stocks and the market as a whole.

We feel we have a target rich area for trading opportunities right now.  Some of the best money can be made during periods just like this.  A key to being successful in markets that are having large moves is to be disciplined and follow MarketClub's Trade Triangles.

So 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 "The Trend is Your Friend"

Now This May Make You Mad

It Doesn’t Matter What You Think!

Let me say that again: It Doesn’t Matter What You Think!. Why would I say something like that? Why doesn’t it matter what you think?

Well here’s the cruel reality of the marketplace…

It doesn’t matter where these markets are headed, what matters most is that you get the direction right.

MARKET DIRECTION … is what’s important. It’s one of the keys to trading success.  The reality is that these are trading markets and are all driven by market sentiment.

 

These are the kind of markets we are in right now and we are likely to stay in this mode for quite some time.

As I said, what matters most is that you get the direction of the market right. You can only determine the trend by using pure market action and the easiest way to do this is by using a program that can tell you in plain English what the market is doing.

Don’t let the hype, hoopla, news, and the chat rooms fool you. A market can only do three things: it can go UP, DOWN, or SIDEWAYS – that’s it!

When you hear about the next hot or cold market that is headed for the stars or the basement, just say to yourself “it doesn’t matter.” That way, you will know when to get in and more importantly, when to get out.

Then, take a couple of minutes and watch this educational video. This video is all about common sense trading and removing the number one account killer – emotion.

Here’s to thinking “it doesn’t matter what you think,” it’s the direction of the market that is important.

Let the markets have their say … all you have to do is listen.

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

So Here We Are....In The Middle

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Wednesday, the 17th of August.

So here we are... We're in the middle of the month, it's the middle of the week, and the markets are stuck in the middle.  Stocks rallied early today, but they look like they are failing now.

Gold rallied again to test the $1,800 an ounce level.  It has now fallen back and looks to be on the defensive.  Crude oil has also rallied and is now faltering from a key resistance area.  Once again bank stocks look to be on the defensive.  I'll also share a chart pattern in the bank stocks with you that does not look good.

So 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 "So Here We Are....In The Middle"