Earthquake, Hurricane, and Warren Buffett

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Thursday, the 25th of August.

Boy what a week we are having!

First, Mother Nature sends an earthquake AND hurricane Irene to the east coast, then we get news that Warren Buffet is buying 5 billion dollars worth of Bank of America stock. The only thing that seems to be holding true is that the trend has remained our friend here at MarketClub!

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 "Earthquake, Hurricane, and Warren Buffett"

The 7 Steps Of Every Market - Ignore Them At Your Own Peril

The SEVEN STEPS that every trader needs to know to succeed in trading.

Step 1: A move begins with the sponsors (smart traders) who have insider knowledge as it relates to a particular stock or market. This information will move a market up or down depending on the insiders' information. These buyers are smart, very smart, and recognize trading/investment opportunities very early in the markup cycle.

Continue reading "The 7 Steps Of Every Market - Ignore Them At Your Own Peril"

Yesterday, We Posed The Question....

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Wednesday, the 24th of August.

Yesterday we posed the questions: Has the Gold and Silver market topped out? And have we seen the bottom in the Equity markets?

Today, Gold and Silver confirmed that they have topped out for the time being. The Equity markets are another story, and I'm not quite sure that we have seen a bottom put in place for those markets.

Be sure to catch tomorrow morning's post! Most markets go through seven distinguishable steps and it would appear that Gold has met all those criteria. This post will be invaluable, in my opinion, for any serious trader. I think you'll find it very timely and interesting. You should make yourself aware of these seven steps so you can recognize them 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 "Yesterday, We Posed The Question...."

We just had an earthquake.

Everytime I hear about  earthquakes here in the US  I think of the legendary trader Jesse Livermore who was short the railroads back when San Francisco had a huge earthquake in 1906,

Jesse was the who was short the market made a fortune as the railroads crashed down and helped cause the great panic of 1907 where Jesse made some really serious money. Nothing quite like that today however, as the equity markets have been on the uptick all day. The only market that is crashing is the gold market.

The markets are never boring, nor is living on this planet.

All the best to everyone.

Adam Hewison

Has The Gold and Silver Market Topped out?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Tuesday, the 23rd of August.

Has the Gold and Silver market topped out? Have we seen the bottom in the equity markets?

I'm sure these are questions traders are asking themselves as we are halfway through the trading day.

It would appear that the downward momentum in the equity markets has abated for the moment and we should expect to see more of a two-way market. However that does not change the overall bearish longer-term trend.

The Gold market traded over the $1,900 level, before dropping dramatically and creating what could potentially be a negative engulfing line for the Gold and Silver markets. If this is confirmed on Wednesday, it would mean that gold prices have topped out for the short term and the $2000 level for Gold will have to be put on hold for the time being.

The Crude Oil market continues to be in a negative trend, and the Dollar Index and the CRB index are generally in a sideways mode.

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 "Has The Gold and Silver Market Topped out?"