2011 turned out to be a volatile year for the markets and it looks like they are going to close pretty flat for the year.
We would like to know where you think the S&P500 is going to close at the end of January 2012.
Every Success,
The MarketClub Team
If you follow our blog, then you are definitely familiar with trader Larry Levin, President of Trading Advantage LLC. We have gotten such a great response from some of his past posts that he has agreed to share one more of his favorite trading tips as a special treat to our viewers. Determining the direction of the market can be tricky and just plain confusing at times, but Larry’s expert opinion keeps it simple. If you like this article, Larry’s also agreed to give you free access to his Double Stop trading technique.
Let me introduce you to one simple technique I've used to pick intraday market direction with 80% accuracy.
Would you like to know if a particular trade has an 80% probability of working? Would you like to know exactly where to enter that trade, and where to exit? Would you like to trade this technique with a 2 point stop loss or less? Continue reading "How to Pick Intraday Market Direction – The 80% Rule"
Let me say that again: It Doesn’t Matter What You Think going into 2012!
Why would I say something like that as we come to the end of 2011?
Well here’s the cruel reality of the marketplace ...
It doesn’t matter who's right and who's wrong with their 2012 predictions. What matters most is Continue reading "Here is what I don't think is going to happen in 2012"
Sears Holding Corp (NASDAQ_SHLD) announced today that it will be closing up to 120 stores in its Kmart and Sears chains to focus on the stronger stores. This news made the stock drop more than 19% today at the open. Of course MarketClub members were on the right side of this move down well in advance of the news by following the Trade Triangles. The Trade Triangles signaled an entry into a Short position on 12/14/11 @ 51.14. With a current price of 36.92 members are sitting on a profit of 14.22 per share (+27.80%).
If you are not using the Trade Triangles become a member today!
Every Success,
The MarketClub Team
The Markets are in "holiday mode" … So take some time off and enjoy the season!
Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 23rd of December.
How to spot the big moves in 2012
We will let our SmartScan technology pin point markets on the move in 2012.
2011 FACT: The average hedge fund Continue reading "The Markets are in "holiday mode" … So take some time off and enjoy the season!"
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