Five Lessons China Can Teach The US Economy (NEW POLL)

I just got back from a two week visit to China, to witness for myself what all the buzz is about.

In today's post I want to share with you the five lessons we could learn from China that would lead America back to being the envy of the world and a powerhouse economy. And guess what? It doesn't include any bailouts, cheap imports, or a falling dollar.

But first, a brief history of China, specifically Hong Kong, for those who aren't familiar.

In 1898 the British government signed an agreement with China to lease Hong Kong for 99 years. That lease expired in 1997, some 13 years ago. At the time many Hong Kong residents, especially the wealthy Chinese, were concerned that it would immediately fall into a communist type regime which frowned on individual success and capital. Continue reading "Five Lessons China Can Teach The US Economy (NEW POLL)"

Gold Alert!

Short-term traders exit long position on a RED Daily “Trade Triangle” @ $1,382.62 today and remain neutral  for now.  This short-term trade produced a profit of  just over $17 dollars an ounce.

Intermediate and long-term traders hold  long positions.

If you are not yet a member of MarketClub see what you are missing with our  30 Day Risk Free trial and receive 3 valuable bonuses just for giving us a try.

High Frequency Trading: What’s The Real Story? An Answer to 60 Minutes

Today's guest post comes from our friends at Lightspeed Trading. In this article, Lightspeed's CEO, Steve Ehrlich, will share his thoughts and some analysis on high frequency trading inspired by a 60 Minutes episode. Please visit their site to learn more about Lightspeed and Steve Ehrlich.
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By Steve Ehrlich
Lightspeed Financial, CEO

October 27th, 2010 – Where does the blame for the financial meltdown lie? The public is looking for a scapegoat for the financial slowdown and regulators have found one for them… High Frequency Traders. This blame game is very similar to what occurred during the Great Depression of 1929 when short sellers in the stock market were singled out and vilified as the “cause” of the economic woes in the United States. Today, it’s hedge funds, dark pools, and high frequency traders that are being targeted as the prime cause of the financial trouble in the United States and around the world. Continue reading "High Frequency Trading: What’s The Real Story? An Answer to 60 Minutes"

Another nice profit in this ETF

We have been trading the ETF FXE for some time now in MarketClub's Perfect "R" Portfolio and today we exited our long position at $136.64, which produced a profit of $8.14 a share.

This market has performed very well for us and we have only had two major trend changes for the year so far. The FXE is an ETF that mimics the Euro versus the US Dollar, so there's always plenty movement which equals opportunity in the market. That is one of the principal reasons why we chose to include this ETF in the Perfect "R" Portfolio. Continue reading "Another nice profit in this ETF"

Chalk up another big winner for the weekend rule

We have blogged about this before, but this past weekend in gold the 52-week weekend rule worked perfectly.

You would've bought gold on Friday's close in basis spot gold at $1,393 and change. You would've exited this position today at $1,416 and change for a profit of around $23 an ounce.

If you would like to find out more about how you can use this rule in the future, not only on gold but in other markets as well, here's the link.

All the best,
Adam Hewison
President of INO.com
Co-founder of MarketClub