AAPL - How you can profit from the iPhone 5

Yesterday was the big iPhone 5 release and executives are already projecting record-breaking sales. So, what will this mean for AAPL stock? Are you riding the trend? Have you been riding the trend?

See how the Trade Triangles have done for APPL this year by watching this short video. AAPL might have made big gains, but members of MarketClub made more.

Backtest MarketClub's Signals for 30 Days

Chart to Watch - Corn

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of December Corn (ZC.V12.E). I hope you had a GREAT week !

Corn is currently in a counter trend correction and has gone on a weekly red MarketClub Trade Triangle which reflects the counter trend move.

The monthly MarketClub Trade Triangle is still green which means the longer term monthly trend is still bullish for Corn. Continue reading "Chart to Watch - Corn"

Stocks rise, extending Fed rally

Judging by the stock market, you'd think the U.S. economy was back in party mode.

Stocks pushed back Friday toward levels they last saw long before the financial crisis. The Dow Jones industrial average, which has fallen only three days this month, was up 13 points in the afternoon.

Telecommunications and health care stocks rose the most. Apple, on the day customers lined up around the world to buy its iPhone 5, reached an all-time high of $705.07 before falling back to $702.

The Dow had a shot at closing above 13,600 for the first time since Dec. 10, 2007, nine months before the fall of Lehman Brothers investment bank. It has risen more than 1,200 points since the start of June. Continue reading "Stocks rise, extending Fed rally"

Daily Video Update: Spain Looks to Secure Bailout

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Friday, the 21st of September.

Stocks have continued to perform well over the course of the trading day today. While buying interest has remained relatively subdued, the markets continue to benefit from news out of Europe.

That news of course is that European Union officials are working behind the scenes to pave the way for a new Spanish rescue program and unlimited bond buying by the European Central Bank. Will this actually happen? Or is just a another smoke screen coming out of Europe?

Crude Oil is continuing to struggle and I noticed a powerful technical indicator in Gold today that we'll discuss.

Now, let’s go to the charts and our Trade Triangles and see what’s happening. Click Here to view today's video

Every Success,
Jeremy Lutz

Doug Casey on the Good, the Bad, and the Ugly of Today's Journalism

Louis: Hola Doug. What's on your mind this week?

Doug: The color yellow. As in "yellow journalism" – which seems almost the only kind we have these days. Of course, to be fair, inflammatory, shamelessly dishonest "man bites dog" journalism has always been the dominant kind, simply because it sells papers. But we'll see more than the usual amount in the next couple of months, simply because elections lend themselves to it; politics seems to stimulate the reptilian part of the brain, the most primitive part. Both politics and the reptilian brain relate well to the yellow press.

Anyway, like many people, I watched snippets of the Republican National Convention in Tampa. Maybe, since I'm engaging in punditry, I should have watched the whole damn thing. But I simply couldn't force myself to watch even all the parts that were broadcast, because it was just too boring and degrading. I can't imagine how the people who were there for the whole four days were able to remain awake for the whole thing. Perhaps this is proof that zombies really do exist. What kind of people could take such a charade seriously? It was all canned speeches and scripted events that were basically dishonest. Politics has always been dishonest, of course, but at least it used to be unscripted and mildly entertaining… Continue reading "Doug Casey on the Good, the Bad, and the Ugly of Today's Journalism"