NASDAQ closes at its best levels in over a decade … should you trust this move?

NASDAQ closes at its best levels in over a decade … should you trust this move?

Hello fellow traders everywhere, Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 2/03/12.
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Big moves in the equity markets
Gold get slapped down
Crude Oil goes nowhere
and the world moves on

Always remember,

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET

Now, let's go to Continue reading "NASDAQ closes at its best levels in over a decade … should you trust this move?"

It's Friday...Do you know how to find winning trades today?

Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 3rd of February.

How do you find winning trades on Friday?

Use "The 52-week new highs on Friday rule"! Here are the three rules you need to trade:

Rule # 1: When a market closes at or close to a new 52-week high on a Friday, buy and go home long for the weekend.
Rule # 2: Exit the long position on the opening the following Tuesday.
Rule # 3: If the market opens sharply lower on Monday, exit the position immediately.

"The 52-week new highs on Friday rule" works extremely well in futures and in the Forex markets. This rule can be reversed for "The 52-week new lows on Friday rule" if you are so inclined to trade the short side of the market. MarketClub members can easily find new 52 week highs using our SmartScan tool. Continue reading "It's Friday...Do you know how to find winning trades today?"

Unemployment rate falls to 8.3%

The unemployment rate fell for the fifth straight month after a surge of January hiring. Is this a promising shift in the outlook for job growth?

Is This Unemployment Rate Decline For Real?

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We would love to hear your thoughts on this topic, please leave us a comment.

Every Success,

The MarketClub team

 

Bernanke speaks and gold rallies…Amazing.

Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 2nd of February.

Is the move in gold for real, or is it just hype at this point?
We will examine gold and see what led to today's rally.

3 Stocks on the move today:

ABERCROMBIE & FITCH (ANF), CUMMINS (CMI), and MASTERCARD (MA). Continue reading "Bernanke speaks and gold rallies…Amazing."

Amazon tanks, while stocks in Europe and the U.S. head higher.

Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 1st of February.

Is Amazon growing it's business, or gambling with disaster?
We will examine Amazon (AMZN) and see what led to today's disastrous loss. It's another lesson on how the technicals get the timing right before the news comes out.

3 Stocks on the move today:
WHIRLPOOL CORP (WHR), BROADCOM CORP (BRCM), and MARATHON PETROLEUM CORP (MPC).
Did MarketClub's Trade Triangle technology get it right for these three stocks? Continue reading "Amazon tanks, while stocks in Europe and the U.S. head higher."