Daily Video Update: Hurricanes, iLawsuits, Conventions and Jackson Hole... it's going to be quite a week

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 27th of August.

There's so much going on this week that I expect the sum of the markets will be overshadowed by the news. We have a hurricane heading towards the US, and a Republican convention in Tampa and Jackson Hole on Friday. Apple's iLawsuit win over Samsung gave Apple a 1 billion dollar judgement and made quite a splash on the smart phone market, with Samsung losing over 12 billion dollars when its stock opened in Asia on Monday morning. If all that was not enough, we still have to deal with Europe and the last trading week in August!

We will rely on pure market action and our Trade Triangle technology to point the way to profits. With many commodity markets in bull trends, there are going to be many trading opportunities.

GOLD now looks very interesting and we would pay close attention to this market. The REUTERS/JEFFERIES CRB COMMODITY INDEX is also in a bull trend and will be a strong indicator for signs that inflation is picking up and accelerating in the US.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video

The Only Way to Win with Gold Stocks

By David Galland, Casey Research

While I have read certain works on the life and ponderings of Buddha, I claim no deep knowledge of his philosophy.

Note that I didn't use the word "religion," because Buddha himself claimed no supernatural powers and even begged his followers not to deify him after his death. Continue reading "The Only Way to Win with Gold Stocks"

Gold Stocks Got You Down? This History Lesson Will Pick You Up…

By Kevin Brekke, Casey Research

If you own any, it might seem that gold stocks have been underwater for a long time, and that the bull market is over.

Yet, the chart below tells me that likely as not, those with the courage to buy when others panic will be the big winners in gold.

It shows that those who bought gold stocks in '74-'75 when everyone else was buying eventually made money…. but those who bought when others were selling in '76 went on to make a killing. Continue reading "Gold Stocks Got You Down? This History Lesson Will Pick You Up…"

Major Averages Close Firmly Positive After Seeing Early Weakness

(RTTNews) - After moving modestly lower in early trading, stocks showed a substantial turnaround over the course of the trading day on Friday. The markets benefited from a positive reaction to the latest reports regarding the world's central banks.

Housing stocks showed a strong move to the upside over the course of the trading day, driving the Philadelphia Housing Sector Index up by 1.3 percent. With the gain, the index reached a four-year closing high. Continue reading "Major Averages Close Firmly Positive After Seeing Early Weakness"

Daily Video Update: OMG - It's the Godfather movie all over again, as Europe makes nice with Greece

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 24th of August.

Earlier today, German Chancellor Merkel along with French Prime Minister Hollande made another "warm and fuzzy" statement directed towards Greece. They both agreed that they want Greece to stay in the Eurozone. What it possibly implied was, "we are nice guys, so don't blame us when we kill you". It was a classic political touch.

It reminded me of a scene from the Godfather movie... first you sit down with someone who thinks you are their friend, have an enjoyable glass of wine and tell them what they want to hear, and then you kill them!

In this case Merkel and Hollande are not killing a person, but rather an entire country. Sooner or later, Greece is going to leave or get kicked out of the Eurozone. It is just a question of when it is going to happen.

P.S. Anybody want to buy the Greek island?

Most markets are lower for the week, with the exception of the metals, energy, and the CRB commodity Index. The commodity markets are all indicating that inflationary pressure is headed our way. So stay sharp, and protect yourself with our Trade Triangle technology.

Next week marks the last trading week of August and also the beginning of the Republican convention in Tampa. All eyes will be on Tampa, the hurricane, and the Republican convention. Look for these events to overshadow the markets.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video