Traders Toolbox: Momentum Revisited...

MarketClub is known for our "Trade Triangle" technology. However, if you have used other technical analysis indicators previously, you can use a combination of the studies and other techniques in conjunction with the "Trade Triangles" to further confirm trends.

Momentum measures the change in a commodity's price with time. M = Pc-Pn where M = momentum, Pc = current period's price and Pn = price n periods ago.

The length of time used for the prior period is a matter of personal preference and time horizon of the trader. A narrow window of less than five periods back would be short-term in nature while six to nine periods would be considered intermediate; 10 or more would be a longer time perspective. Continue reading "Traders Toolbox: Momentum Revisited..."

MarketClub's weekend update for the week ending on 6/17/11

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the week ending on 6/17/11.

The big news last week was the fall in crude oil which dropped 6.5%. This fall was reflected in a 3.56% drop in the CRB Index. The equity markets snapped there losing streak with a close that was barely higher for the week. This coming week should be very interesting and one that all traders should watch closely.

The problems with debt, Greece, and a host of other global challenges have not gone away and cannot be glossed over economically or politically. Any of these problems are potential economic time bombs that could blow up at anytime.

Here's last week's changes for  the major markets….

SP 500 +.04% Silver -.90% Gold +.48% Oil -6.5% $ Index +.22% CRB Index -3.56%

Watch the weekend update now. If you haven't watched our 1 PM updates, I recommend you take a look on this blog at some of our earlier postings.

As always, we rely on our market proven Trade Triangle technology for catching the big moves.

Every Success,

Adam

Adam Hewison

Co-founder of MarketClub

Which is more exciting: the market of late or a game of Pong? You choose.

Hello traders everywhere, Adam Hewison here co-founder of MarketClub with your 1 p.m. market update for Friday the 17th of June.

I guess the most common expression I'm hearing is "kick the can down the road.". It would seem as though politicians the world over are pretty much the same. None of them wants to face the truth that there is no more money. So what do they do they, "kick the can down the road."

And once again the taxpayers have to come up with the money. Lending more money to Greece is the height of insanity in my opinion simply because how can they possibly pay back the first tranches of money that was already lent to them? But that's what's happened today; Merkle and Sarkozy  made concessions and basically declared that "happy days are here again," but are they really? I was talking to a good friend of mine this morning who is one of the smartest people I know and I asked him point-blank, what do you think of the global and US economy? Here is what he said to me, "It is a time to be cautious and guarded." Those were his exact words. I'll let you think about that.

So okay enough of what my smart friends think, let's look and see what the market thinks about everything.

Here's what's happening in the major markets right now ... Continue reading "Which is more exciting: the market of late or a game of Pong? You choose."

RIMM - From "CrackBerry" to oblivion in one fell swoop?

Research in Motion (NASDAQ:RIMM), the makers of the BlackBerry aka "CrackBerry," is down more than 20% in trading today after some pretty bad earnings reports.

Now if you're a trader that relies heavily on fundamentals, you may have been caught in this dive.

However, MarketClub members came out ahead of the game by simply following the "Trade Triangles" which had us out of RIMM in March at $64.25... a far cry from the high $20 range we're currently trading at.

P.S. If you're not a member, you might want to take advantage of our last chance deal of 2 free months on a year membership. Click here for more details!

Bouncing back? See which markets may be headed back up.

Hello traders everywhere, Adam Hewison here co-founder of MarketClub with your 1 p.m. market update for Thursday the 16th of June.

I ask myself this question this morning, what is going to put this market higher? The market action itself is not positive and the confidence level to drive the markets higher doesn't appear to be there in any large measure. The markets are rapidly drawing a line in the sand and when that line is broken and if you watch this show, I will tell you when. It's going to be every man and woman for himself. Get prepared for some extraordinary trading opportunities in the not to distant future.

Okay, now here's what's happening right now in the major markets ... Continue reading "Bouncing back? See which markets may be headed back up."