Obama's Magical Mystery Tour

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Tuesday, the 16th of August.

Obama's Magical Mystery Tour

Like a lot of folks, I enjoy the music of the Beatles.  While watching the news this morning, it struck me that President Obama's bus tour was not unlike the Beatles "Magical Mystery Tour" album of 1967.

Let me explain... Here we have a President who is so out of touch with what this country is going through, he finds it necessary to go out on a three day bus tour at tax payers expense and announce that he has a job plan.  But wait, this is the magical part: he's not going to announce this plan until after his vacation!  And the mystery part: if he has a plan, why didn't he announce it!  Did America really need to hear him announce that he has a plan, then not announce what the plan is?  I think not.  If you are unemployed, I'm sure the last thing you want to hear is that your president, the leader of these United States, has a job plan but his vacation is far more important than every day American jobs.  Talk about self centered.  There I said it, the king has no clothes.

By the way, one of my favorite track from the Beatles "Magical Mystery Tour" album is, wait for it, "The Fool on the Hill" written by Paul McCartney, sort of fits the times don't you think?

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 "Obama's Magical Mystery Tour"

Weekend Update...What a week!

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 8/12/11.

What a week of market swings and volatility. Now that the dust has settled, let's examine what happened in the major markets we track.

Out of the six markets we track every trading day, three markets were in positive territory for the week. The three markets that did not end up in the plus column were S&P500 down 1.71%, Crude Oil lost 1.70% and the Reuters/Jeffries CRB commodity index minus .14% for the week.

The percentage winner for the week was gold which picked up 4.99% and remains in a strong upward trend based on our Trade Triangle technology.

This coming week is sure to be a interesting one. I will be back in the studio on Tuesday with my 1p.m.update on all the market's below. Until then, here's what happened last week in the major markets according to our Trade Triangle technology.

S&P500: change for the week: -1.71%
Monthly Trade Triangles for Long-Term Trends        = Negative
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = - 85

Silver: change for the week: +1.94%
Monthly Trade Triangles for Long-Term Trends        = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Negative
Combined Strength of Trend Score            = - 70

Gold: change for the week: +2.25%
Monthly Trade Triangles for Long-Term Trends        = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Positive
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = + 100

Oil: change for the week: - 1.70%
Monthly Trade Triangles for Long-Term Trends        = Negative
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = - 85

$ Index: change for the week: + .05%
Monthly Trade Triangles for Long-Term Trends        = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = + 65

CRB Index: change for the week: - .14%
Monthly Trade Triangles for Long-Term Trends        = Negative
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = - 85

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IS A PERSONAL TRADING COACH RIGHT FOR YOU?

Give us a call today at 877–219–1482 and see if personal coaching is right for you. The number again is 877–219–1482.

This is  Adam Hewison for MarketClub, have a great weekend.

As always, we rely on our market proven Trade Triangle technology for catching the big moves.

What A Week!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Friday, the 12th of August.

Well, I must say it has been quite a week! (And I think that's an understatement...) It is very seldom you see 400+ swing days in the Dow in different directions four days in a row. This past week will go down in the history books as one that will be remembered for a long time.

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 "What A Week!"

Hello From Maine

Have you missed Adam as much as we have? Unfortunately technical issues have kept Adam from being able to post his usual 1pm updates, but you can guarantee that he is watching the markets like a hawk and will have lots to talk about when he returns.

Click here to watch Adam's Update from Maine and find out when he'll be back.

Every success,

The MarketClub Team

 

Get ready for the Veg-O-Matic Markets

First Posted  almost 2 years ago and still relevant

September 29, 2009 by Adam

“This is Veg-O-Matic, the world-famous food appliance! . . . the only appliance in the world that slices whole, firm tomatoes in one stroke, with every seed in place. . . . French fries? Make hundreds in one minute! . . . Isn’t that amazing?!”

Let’s face it, the really big money is made in the big trending markets. What happens after a big trend comes to an end? Well, that is when you enter into a period of uncertainty.

Some traders like to characterize this as a trading range. I would refer to it as a Veg-O-Matic market, as it cuts and slices most traders to pieces.

No matter what you call it, trading range or Veg-O-Matic market, it is important to remember that you remain patient and wait for another defined trend to begin.

So how do you tell if a market is in a trading range?

The easiest way is to use MarketClub’s Trade Triangle technology. When you see a Chart Analysis Score of around 55-65 on the chart, it indicates that there is no discernible trend present. Trading range markets, or Veg-O-Matic markets, are best left to the professionals.

If you do feel the urge to trade in a market like I described above, you are better off using some sort of oscillator like the Williams %R indicator or a fast stochastic indicator. These indicators allow nimble traders to catch the swings, up and down. For the average trader, this is a time to be on the sidelines and looking at other opportunities in other markets.

Make no mistake about it, trading range markets are generally difficult to trade and generally do not give up profits easily.

So remember, if it’s a big Veg-O-Matic market, you’re better off waiting on the sidelines until you see a clear trend develop.

All the best,

Adam Hewison
President, INO.com
Co-creator of MarketClub.com

P.S. Samuel J. Popeil invented the Veg-O-Matic. He also created the frenzied ads that made his product a late-night television sensation in the late 1960s and 1970s.