Weekend Update: THE GREEK MINDSET ROCKS THE MARKETS!

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 11/04/11.
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THE GREEK MINDSET ROCKS THE MARKETS

One of my favorite musical pieces, is the music from Zorba the Greek. If you haven't heard the music, or  if you were too young to have seen the movie (1964), starring Anthony Quinn and Alan Bates, you might want to watch it. The movie captures the Greek mindset perfectly, and that mindset is still in place almost 50 years later. Zorba the movie is available on Netflix to those of you who still use that service. Continue reading "Weekend Update: THE GREEK MINDSET ROCKS THE MARKETS!"

TGIF! What a week!

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 4th of November.
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TGIF! Groupon goes public, Jon Corzine resigns and the money mystery goes on at MF GLOBAL.

I think many traders will agree this has been one heck of a week, with referendums coming and going.  If that was not enough, we had the G-20 meeting, John Corzine resigning and MF global going down the tubes, amongst a whole slew of other problems.

I think it's interesting to note that the sharp down move we witnessed in the markets on Monday and Tuesday, was followed by two sharp upward days which basically took the market back to a 61.8% Fibonacci retracement level.  We will discuss and illustrate that point in today's video. Continue reading "TGIF! What a week!"

Why Is Today's Market Close Important?

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

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Europe cuts rates … and what happened to that missing $600 million?

Europe cuts rates by .50 basis points. New guy, new rules. Jean-Claude Trichet is out and Mario Draghi is in. Now, US regulators are wondering what happened to $600 million in customer funds under MF Global's care. I am sure there is more to come on that front.

It's Thursday and how the market closes today is going to be very important in my mind. If we see the S&P 500 close lower, I think that will be a negative vote for the stock market. Additionally, if we see the bank stocks close lower on the day, I believe that's a negative vote for the banks. Continue reading "Why Is Today's Market Close Important?"

So What Is A Trader To Do?

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

Tonight we broadcast our one hour show on the markets.  We will take your questions and calls, so be sure to watch MarketClub TV tonight at 5 PM EDT.

Call us at 410-867-2100 extension 129 or email us at

ma**********@in*.com











and leave a question for the show.   We will do our best to answer your questions on tonight's show.
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Greece (Grease) is on a very slippery slope.

There is no doubt in my mind that Greece is going to default.  I believe they are going to revert back to the drachma, which was the currency before they joined the euro zone.  Having grown up in Europe, you become aware of the different nationalities and their cultures, all of which seem to be at odds with each other.  I'm sure the German mindset cannot understand the Greek mindset and vice versa. Continue reading "So What Is A Trader To Do?"

Can the Greek Government Survive? We Doubt It...

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

Now more than ever you may need PERSONAL COACHING!
The call is free and the consultation is free.

Call us today at 877–219–1482 and watch my personal invitation to you about one-on-one coaching right here.

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Can the Greek government survive? We doubt it...

The Greek Socialist party, led by Prime Minister George Papandreou, once again threw the world of finance and trading into turmoil. The news that Greece was going to hold a referendum in January, to vote whether or not to stay in the euro or face chaos, was for sure a political move.

Here's the question I'm asking today: If you're a Greek citizen and the government wants to take all your benefits away, which way would you vote? My guess is they just say to heck with it, and say they are not paying back the money they owe.

Continue reading "Can the Greek Government Survive? We Doubt It..."