All Eyes Are On the Fed Today

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 21st of September.

All eyes are on the Fed – Will they twist again like last summer?

It would seem as though the world and the markets are waiting to see what the Fed is going to do today at 2:15 PM. They are supposed to make an announcement. This is always the technician's dilemma... Do I leave my positions intact with stops? Or do I take them off before this major announcement?

Let me share with you a quick story about one of the most successful traders I've ever known. Here was a gentleman who traded all the markets, strictly on the charts. He didn't listen to the news, didn't care about the news, and certainly didn't care about what Ben Bernanke was about to say. He simply went with the big trends. Based on that thesis, one should remain short the equity markets and remain long in the gold market with the appropriate money management stops.

As traders, we are bombarded with news. Some of it is useful, but a lot of it is just fluff to fill up airspace time. One piece that caught my eye this morning, which I haven't seen reported in the main media, concerns the venerable Lloyds of London insurance company. This company was founded in 1688 in a London coffeehouse and has gone through wars, boom and bust cycles, every money mania known to man and has always managed to survive. The article claimed that Lloyds of London is taking their cash out of the European banks this morning:

http://www.businessweek.com/news/2011-09-21/lloyd-s-of-london-pulls-deposits-from-banks-on-debt-crisis.html

Quite frankly this is shocking, but not surprising given Lloyds' survival instincts. Lloyds of London is one of the most conservative companies, run by some of the smartest people on the planet. Perhaps it's an early warning sign about what could potentially happen in Europe.

It is something to think about.

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. Continue reading "All Eyes Are On the Fed Today" →

How an Exclusive Group of Private Traders Profited from Amazing AMZN!

Posted on by The INO.com Team

From time to time we here at INO.com come across someone in the industry that grabs our attention. Recently we saw a post from Guy Cohen about a trade and how he had called the breakout for sometime in advance. How he caught the breakout was intriguing and we asked him to share a bit about the trade with traders blog readers.

Guy Cohen is a bestselling author of several trading books, and the creator of the OVI Index, Private Traders Club, and Flag-Trader. His clients include NYSE Euronext, The International Securities Exchange (ISE) and FT  Prentice Hall.

Guy is also holding a special webinar for Traders Blog readers tomorrow Thursday 9/22, for more information click here.

Read below how a small band of traders had THREE weeks advance notice of AMZN’s potential breakout … and how they cashed in! Continue reading "How an Exclusive Group of Private Traders Profited from Amazing AMZN!" →

Sometimes Markets Don't Make Sense

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Tuesday, the 20th of September.

Sometimes markets don't make sense.

Commentators tend to think they have to make comments on every single blip in the market. Sometimes it's just not possible to put a handle on what drives a market on any given day. Today maybe one of those days when the news that came out was not particularly positive, yet the general market moved higher.

That was not the same story for the bank stocks that reflected the downgrade by Standard & Poor's for Italy overnight. The International Monetary Fund (IMF) also warned of continued economic weakness. And then the market's rally. Like I said earlier, sometimes it is impossible to tell what's going to happen on a day-to-day basis.

You have to look at the big trends in the market to help you when the market doesn't make sense. And right now the big trends continue to remain negative for the equity markets and positive for the gold market. Those two factors have not changed as of this writing.

We have discussed perception many times before and this is one of the most powerful elements in any market. One only has to look at the recent example of Netflix to understand how powerful perception can be in the market. In fact, it is one of the stocks we will look at today to show you just how our Trade Triangle technology works and how it can benefit you in the future.

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 "Sometimes Markets Don't Make Sense" →

"I want a DIVORCE... "

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Monday, the 19th of September.

I want a divorce…

Perhaps this is a little bit of a teaser headline, but the reality is Angela Merkel, the German chancellor, must be thinking that she would love a divorce from these other euro countries. Politically, it would solve a great many problems for her.

Here you have Germany, who is Europe's economic powerhouse, being pulled down by the likes of Greece, Spain, Portugal and Ireland. If you were in Angela Merkel's shoes right now, wouldn't you want to divorce these countries?

Now the politicians can't blame this one on the banks. They were the ones that overspent, they were the ones who recklessly put programs into place that just cost too much money. So there you have it! It's not the banks, it is the politicians who are the problem...

Does anybody believe that Greece is going to pay back what they owe? Their debt now stands at 165% of GDP. There is no way that Greece can get themselves out of this. Will Ireland, Spain, and Portugal be able to hold on if Greece goes under?

Lastly, everyone loved the market on the upside last week. Today that sentiment has changed as the problems in Europe are once again in the forefront of every investors mind. Europe is the tail that is wagging the world economy.

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 ""I want a DIVORCE... "" →

The Battle Continues Between the Bulls and the Bears - 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 9/16/11.

The battle between the Bulls and Bears continues in the equity markets. This past week the Bulls won with a very positive 5.35% return.

Out of the 6 markets that we track, only two closed with a positive gain for the week and they were the S&P 500 index and crude oil. We consider both of these moves counter trend rallies.

Both the silver and gold markets lost ground last week, with silver closing down 1.89% and gold dropping 2.36%.

The Dollar Index saw some profit taking and closed down .85% for the week.

The Reuters/Jefferies CRB Commodity Index also came under pressure and closed down 1.38% in line with the general trend.

Let's go take a look at the markets and see how we can preserve and protect and grow your capital in 2011.

Continue reading "The Battle Continues Between the Bulls and the Bears - Weekend Video Update" →