More of the same, but are we starting to tip down?

Hello traders everywhere, Adam Hewison here co-founder of MarketClub with your 1 p.m. market update for Wednesday the 15th of June.

Okay, now here's what's happening right now in the major markets (click to watch the video)...

SP 500: -70. The market action today can only be described as negative. A score is now -70 and our downside target for this market is 1250. Major downside support is at 1250.

Silver: -70. I would watch this market very carefully today as I feel that it is probably at the lower end of its range. We would use the Donchian Channels along with the fact that this market is oversold and expect to see a bounce from current levels. Major Support at 34.00.

Gold: +70. Gold is currently oversold and we expect to see this market balance sometime in the near future. We would not be surprised to see further sideways action but we want to be long this market as the Donchian channel comes in at 1503. Major support at 1,500. Continue reading "More of the same, but are we starting to tip down?"

Options: Two Ways to Play Dividends

As with trading any financial product, there are many strategies to choose from. One strategy isn't necessarily better than another and many times the strategy that works best for you simply depends on your trading style.

Today's guest blog post is from Elizabeth Harrow of Schaeffer's Research and she is sharing 2 different options strategies that revolve around playing dividends. Enjoy the post below and leave a comment on the blog. If you like this article and wish to receive 6 months free Option recommendations, please click HERE.

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As you may or may not be aware, dividends are one of the many factors that influence an option's price. Because dividends don't have as big an impact as other variables, such as time decay and implied volatility, they're generally not a topic that I dedicate a lot of time and analysis to. However, every option trader worth his or her respective salt should know that dividends create trading opportunities (even if only so that he or she can break out this tidbit at particularly boring cocktail parties). So, in today's column, we're going to take a look at two common ways to trade around dividends.

Dividend arbitrage

First up is dividend arbitrage, which uses a combination of stock and in-the-money puts to capitalize on dividend-related price changes. Continue reading "Options: Two Ways to Play Dividends"

Gold and silver are oversold... time to buy?

Adam's UpdateGood afternoon and thanks for stopping by for the 1PM Afternoon Update.

Hello traders everywhere!

Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Tuesday, the 14th of June.

Okay, here's what's happening right now in the major markets ...

SP 500: -60. This market remains in a broad trading range with resistance coming in beginning at 1296 and 1305 and finally 1315 which represents a 62% Fibonacci retracement. Major downside support is at 1250.

Silver:-60. Currently this market is oversold, however it is in the state of flux with no clear trend. Using the Donchian Channels and the fact that this market is oversold, expect to see a bounce from current levels. Major Support at $34.00. Continue reading "Gold and silver are oversold... time to buy?"

The Secret to Staying One Step Ahead of the Market

For 37 years, Personal Finance has helped investors beat the market—in bull and bear markets.  Today, editor Elliott Gue shares his #1 tip for not just surviving, but thriving in this volatile market. Be sure to comment with your own tips and visit Elliott at Personal Finance.
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There’s an old concept in statistics and economic modeling known as parsimony—or, simply, less is more.

Economic models and analysis that rely on the consistent application of fewer indicators often yield better and clearer forecasts.

Unfortunately, most of today’s market “experts” have apparently never heard of that concept.

Former Federal Reserve Chairman Alan Greenspan was famously fond of obscure economic statistics and data points. Economists in general love to underscore arguments with pet indicators or proprietary indexes. Continue reading "The Secret to Staying One Step Ahead of the Market"

Find winning trades in today's 1PM Update

Adam's UpdateGood afternoon and thanks for stopping by for the 1PM Afternoon Update.

During today's update, we'll be looking at how the major markets are faring today, Monday, June 13th, 2011, but also looking at what the Trade Triangles are telling us are big movers are for this week.

Quick update:

S&P (-60) looking at support around 1250
Silver (-70) oversold
Crude Oil (+65) with choppy action
Dollar Index (-85) bearish
CRB Index (+90) with resistance at 350

Every success,

Adam Hewison
President of INO.com
Co-founder of MarketClub

** Note: All of the MarketClub updates will now be available through INO TV. Though you do have to register for INO TV, it is completely FREE and best of all, it will let you find all of MarketClub's videos in one place. You only need to register one time and then you have access forever!