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

The old Wall Street adage is, "sell in May and go away."  Well, that proved to be very true this year.  So what about the next two months?

September and October are perhaps the two most treacherous and difficult months of the year in the stock market.  Stocks generally do not do well during these two months.

We are confident our Trade Triangles will tell us what to do, no matter what happens to the economy.  It doesn't matter how many jobs are lost or created.

Knowing what to do in the market because of our Trade Triangle signals can make a huge difference to you.  It will relieve your stress level, and will most likely add to your bottom line.

So let's look at the markets and see what's happening today. Continue reading "So What About The Next Two Months?" →

Updated with video from Adam at 5:08 PM EST

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Wednesday, the 31st of August.

Here we are at the end of August, and the markets for the most part are still true to their trends. One of my routines that I religiously practice at the end of every month, is to look at the monthly charts. I like to see just how the various markets are closing for the month. If you don't already do this, I highly recommend that you give it a try, as it gives you a great feel for the various trends in the markets.

Let's start with the S&P 500 and work our way down to the Reuters/Jefferies CRB Commodity Index.

The S&P 500 closed out the month of July at 1292.28. It appears as though it is going to close lower for the month of August, unless we see a monumental rally that pushes up this index 70 or 80 points for the day. I don't think there is a remote chance of that happening.

Silver closed out July at $39.47 and is currently higher for the month. The same holds true for gold, which closed out last month at $1,613. Despite today's early pull back, gold is still $200 higher for the month and maintaining its upward trend.

Crude oil is in a downward trend and closed out the month of July at $97.37 a barrel, basis the October contract. This market is currently trading around the $88.80 level which is about $8.50 lower on the month. The trend in crude oil continues.

The dollar index which has been going nowhere for several months, repeated its performance in August. This index is practically flat from its July close of 73.87. This market is currently trading at 73.95 with no clear cut trend happening here.

The Reuters/Jefferies CRB Commodity Index also closed flat for the month of August. At the end of July, this index stood at 342.03 and is currently trading around the 342.03 area.

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 "How's The Market Looking At The End Of August?" →