Happy New Year from the MarketClub Team
A New Year is upon us and for many, that also means changes in their trading habits, a new strategy, or implementing a new game plan. Whatever your New Year's trading resolutions are, we hope you will find the Trader's Blog to be a helpful resource in 2013.
Every Success in 2013.
Adam and the MarketClub Team
Racing against the clock, the White House reached agreement with congressional Republicans late Monday on a deal to prevent across-the-board tax increases and spending cuts to government programs from taking effect at midnight, according to administration and Senate Democratic officials.
These officials said a New Year's Eve vote in the Senate to ratify the deal was possible later in the evening, barring opposition from majority Democrats.
There was no immediate confirmation from aides to the top Republicans in Congress, Sen. Mitch McConnell and House Speaker John Boehner.
Vice President Joseph Biden headed for the Capitol to brief the Democratic rank and file. Continue reading "Fiscal cliff deal reached"
Every trader needs one. Do you know what it is?
Many times it can mean the difference between success and failure in the market.
This simple concept is probably the easiest to understand, but one of the hardest to follow. I think you'll quickly grasp what I mean by that statement when you watch today's Traders Whiteboard Lesson 5..
Incorporating this one key element into your own trading can make you even more successful in your investments.
Adam Hewison
Founder and President of INO.com and Co-Founder of MarketClub.com
The top Senate negotiators on the effort to prevent the government from going over the "fiscal cliff" offered a pessimistic assessment Sunday barely 24 hours before a deadline to avert tax hikes on virtually every worker.
Senate Republican leader Mitch McConnell said he's yet to receive a response to an offer he made on Saturday evening to Majority Leader Harry Reid, D-Nev., the top Democratic negotiator. The Kentucky Republican said he's reached out to Vice President Joe Biden in hopes of breaking the impasse.
Despite indications of progress in the negotiations, Democrats said Republicans were proposing to slow future cost of living increases for Social Security recipients as part of a compromise to avoid the cliff. Democrats rejected the idea. Republicans declined to confirm the assertion _ and one GOP official disputed it _ but noted that President Barack Obama said in a television interview broadcast earlier in the day he had advanced such a proposal in earlier talks with Republicans. Continue reading "Senate leaders offer a pessimistic assessment of cliff talks Sunday"
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