Is the Market A Buy or Short Sale?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 18th of October.
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Is the market a buy or short sale?

That's the question that is going through many trader's minds this week. Should I buy this market, or should I go short this market? At the moment, this market is being driven by perception and sentiment. Eventually that will change and the market will become driven by the direction of the major trend.

Our major trend indicators remain negative on the equity markets. We are also looking at the S&P 500 at the top of the Donchian trading channel. I believe that was the reason for yesterday's sharp move down.

In order for this market to really get going on the upside it needs to clear the highs of 1230 on the S&P 500 in a convincing fashion.

There is so much confusion in the marketplace right now... Interest rates, mortgage foreclosures, contagion in Europe and the occupation of Wall Street. The markets always have numerous conflicting thoughts, but eventually the market figures it out and goes the way it wants to go. Our job here at MarketClub is to recognize those changes and alert you to what we are witnessing.

Now, let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Is the Market A Buy or Short Sale?" →

Was Last Week's Market Rally a Head Fake?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 17th of October.
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Was last week's market rally a head fake?

Last week, the equity markets rallied along with many other markets. We felt at the time this was a counter trend rally and with today's action we have probably put in an interim top. We also expressed the feeling that professional traders would be selling against the recent highs around 1220 to 1230 basis the S&P 500 index.

The rally was pretty unusual in the fact that it was on very light volume and it took off to the upside very quickly without any kind of market consolidation.

This is going to be a big week! Are we going to continue going up? Or are we going to see the longer term downtrend kick in? A downside reversal could be quite dramatic. This also holds true for the crude oil market, which has been mirroring the US equity markets.

The problems in Europe remain and we see little reason to celebrate any victories on that front. Greece will eventually default, and it remains to be seen if Ireland, Spain and Italy will dodge a bullet.

Every week it seems we go from "the world is coming to an end" to euphoria. Eventually the markets will sort out this conundrum. Our view longer-term remains with our Trade Triangle technology which remains negative on the equity markets indicating long-term weakness.

Now, let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Was Last Week's Market Rally a Head Fake?" →

This is going to be a BIG WEEK...Weekend Video Update

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 10/14/11.

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The occupation of Wall Street continues, this rag tag movement has grown to include other cities and has now spread itself around the world. However, this unforeseen danger was not enough to dampen the spirits of Wall Street, as the equity markets put in one of their best weekly performances for the year.

So how can we best characterized last week's trading. What stands out in my mind, it was one of the lowest volume weeks in the equity markets for the year. Having said that we saw the DOW move up 4.87%, the NASDAQ jump 7.58% and finally the S&P 500 gained 5.98%.

The clear leader was the NASDAQ which was led by big gains in the stock of Apple (AAPL) and Google (GOOG).

The metal markets also moved higher with gold up a positive 2.61%, and silver scratching out a modest gain of 1.03% for the week.

Last week the dollar took it on the chin, dropping 2.72%. The move reflected thoughts that Europe was finally getting its act together. Europe continues to be a big question mark in my mind. It remains to be seen, if this is just the opening act, or the final act.

Crude oil prices jumped 4.85%, which in turn pulled the Reuters/Jefferies CRB Commodity Index into positive territory with an impressive gain of 4.41% for the week.

The big news for this week at least on Monday, will be the earnings announcement from Citi (C)and Wells Fargo & Co (WFC). This could really set the trend for the financial markets for the rest of the week. Bank of America  (BAC) and Goldman Sachs (GS) report on Tuesday and Morgan Stanley (MS) is expected to give its quarterly report on Wednesday.

It's going to be an interesting week. Oh, and let's not forget that Apple (AAPL) reports quarterly earnings after the close on Tuesday.

So stay tuned.

Now let's go to the 6 major markets we track and update every trading day and see how we can create and maintain your wealth in 2011.

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S&P500 INDEX
Change for the week: + 5.98%
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Monthly Trade Triangles for Long-Term Trends = Negative
Weekly Trade Triangles for Intermediate Term Trends = Positive
Daily Trade Triangles for Short-Term Trends = Positive
Combined Strength of Trend Score = + 70
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Suggested Trading Instruments for this INDEX
Non Leveraged ETF's: (Long SPY) (Short SH)
2 x Leveraged ETF's: (Long SSO)(Short SDS)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

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SILVER (SPOT)
Change for the week: + 1.03%
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Monthly Trade Triangles for Long-Term Trends = Negative
Weekly Trade Triangles for Intermediate Term Trend = Negative
Daily Trade Triangles for Short-Term Trends = Negative
Combined Strength of Trend Score = - 100
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Suggested Trading Instruments for SILVER
Non Leveraged ETF's: (Long SLV) (Short the ETF SLV)
Leveraged ETF's: (Long AQG) (Short ZSL)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

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GOLD (SPOT)
Change for the week: + 2.61%
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Monthly Trade Triangles for Long-Term Trends = Positive
Weekly Trade Triangles for Intermediate Term Trends = Negative
Daily Trade Triangles for Short-Term Trends = Positive
Combined Strength of Trend Score = + 65
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Suggested Trading Instruments for GOLD
Non Leveraged ETF's: (Long GLD) (Short the ETF GLD)
Leveraged ETF's:(Long UGL) (Short GLL)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
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CRUDE OIL (December)
Change for the week: + 5.06%
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Monthly Trade Triangles for Long-Term Trends = Negative
Weekly Trade Triangles for Intermediate Term Trends = Negative
Daily Trade Triangles for Short-Term Trends = Positive
Combined Strength of Trend Score = + 55
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Suggested Trading Instruments for CRUDE OIL
Non Leveraged ETF's: (Long USO) (Short the ETF USO)
Leveraged ETF's: (Long UCO) (Short DTO)
Futures: Call your broker
Options: Call your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

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US DOLLAR INDEX (SPOT)
Change for the week: - 2.72%
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Monthly Trade Triangles for Long-Term Trends = Positive
Weekly Trade Triangles for Intermediate Term Trends = Positive
Daily Trade Triangles for Short-Term Trends = Positive
Combined Strength of Trend Score = + 100
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Suggested Trading Instruments for the US DOLLAR INDEX
Non Leveraged ETF's: (Long UUP) (Short UDN)
Non Available Leveraged ETF's: (Long -) (Short -)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

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REUTERS/JEFFRIES CRB COMMODITY INDEX (SPOT)
Change for the week: + 4.41%
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Monthly Trade Triangles for Long-Term Trends = Negative
Weekly Trade Triangles for Intermediate Term Trends = Negative
Daily Trade Triangles for Short-Term Trends = Positive
Combined Strength of Trend Score = + 55
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Suggested Trading Instruments for the REUTER/JEFFRIES CRB COMMODITY INDEX
Non Leveraged ETF's: (Long CRBQ) (Short the ETF CRBQ)
Leveraged ETF's: (Long UCO) (Short CMD)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

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MARKETCLUB ONE-ON-ONE PERSONAL COACHING

This weekend, I would like you to ask yourself this question, IS PERSONAL COACHING RIGHT FOR ME?

Give us a call at 877–219–1482 for a free consultation and find out if personal coaching is right for you.
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This is  Adam Hewison for MarketClub.

See you Monday,  have a great weekend.

 

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Options - Learn The Greeks

Posted on by The INO.com Team

As a special treat to Trader’s Blog readers, Ron Ianieri is offering you an in-depth look into the Greeks and Options Trading.

No matter what the investment, an investor needs to know and fully understand the potential risks of the investment prior to committing capital to that investment.

In the options market, the Greeks define and quantify the risks of your position before you commit to the investment. Understanding the Greeks is a must for proper risk management. Further, the Greeks can also help you identify and select not only the proper strategy to fit the opportunity you selected, but also which specific options to use to create that specific strategy.

WATCH NOW: Options - Learn The Greeks

Best,
The MarketClub Team

And the HP Tablet goes to...

Posted on by The INO.com Team

The first winner of the MarketClub HP Tablet giveaway and 1 Year Membership is:

Robert M. of
Louisville, Kentucky

Congratulations Robert and thank you for entering! If you've yet to sign-up for this special offer and the chance to win one of four more HP Tablets, click here.

The next winner will be picked on Friday, October 28th, 2011!

Good luck,
The MarketClub Team