There's No Quick and Easy Fix for This Economy

Regardless of what others might say, there is no quick fix for the economy.

To illustrate this point, a friend of mine recently sent me a chart which I would like to share with you. This charts shows that we may be going into a prolonged period of no growth overall in the stock market. The NASDAQ peaked at 5,132.52 on March 10th, 2000. The NASDAQ market is in many ways more important than the DOW, and should be considered more of a leading indicator. If that is truly the case, then we have been in a bear market for the last eight years.

I expect to see a prolonged economic climate that is not conducive for stocks to move higher. However, there will be pockets of opportunity where certain markets and sectors will move higher.

All in all, this is not a rosy picture for either the US or world economy. As I have said many times on this blog, these are trading markets and not markets to hold long-term.

Trading throughout the balance of this decade and into the early part of the next decade is going to be the key to survival and for recovering the profits in your portfolio. We strongly recommend that you approach these markets with some level of expertise and knowledge of technical trading.

The future is going to be the future and we need to take advantage of every moment and prepare ourselves to be the very best we can be in whatever business or endeavor we are pursuing.

Every success in the future,

Adam Hewison
President, INO.com
Co-creator, MarketClub

7 Highlights From My Recent Holiday Down Under

My Daughter’s Wedding The number one reason my wife and I traveled halfway around the world was, of course, our daughter's wedding in New Zealand. My daughter married a wonderful young man from New Zealand who we are all thrilled about and being her dad, this was most important.  I'm happy to report that my daughter looked beautiful and the wedding was fantastic. The bride and groom were blessed with a rare double rainbow at the reception.

Franz Joseph and Fox Glaciers After the wedding my wife and I took off for a helicopter tour of the Franz Joseph and Fox glaciers. I must admit that we were very lucky with the weather and were able to land on the top of the glacier.  It was an experience I hope you all get to enjoy in the future. After our adventures on the North Island, we flew down to the South Island. It was there that we had one of the most amazing experiences with the geography of New Zealand. We stayed in Queenstown, which is a mecca for thrill seekers. Among the exciting activities offered are parasailing, bungee jumping, jet boats and skydiving.  Basically, you name it and they do it there. My wife very wisely held me back from doing something really stupid like jumping out of an airplane, but I have put it in my list of things to do in the future, maybe next year?

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Trader’s Whiteboard: Lesson 8

Despite a shaky economy recently, there are traders still making money. If you're wondering how, watch today's Trader's Whiteboard video where Adam will share how you can be successful in any market. He points out 5 components that every trader can put in place and see results immediately.

Click here to see the last installment in the Trader's Whiteboard series and beef up your trading strategy.

Enjoy!

The MarketClub Team

Five Reasons Why Gold Will Not Make A New High This Time

Gold has made some exciting moves recently, but what can we expect in the future? In today’s video, I point out five reasons that I do not expect gold to make a new high just yet.

If the current cycle persists, there will be some interesting trades to be had in this market and a possible new high before summer.

The video is free to watch and there are no registration requirements. I hope you enjoy this gold update and make a comment on the blog about how you feel about this video and this market.

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

Pulling the Trigger Exercises

Today I'd like everyone to welcome Larry Levin. Larry is a very well known trader and is often featured on CNBC and other financial television shows, and today he's going to be talking about one of the hardest things we as traders must do - pull the trigger! He's got some excellent advice that can be applied to all levels of traders. Please enjoy the article, comment below, and visit LarrysBook.com to learn more about Larry and check out his book.

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Sometimes we can’t pull the trigger when we sense an opportunity in the market for one reason; we’re afraid!  But we are not afraid of the market, we’re afraid of ourselves.  Our fear comes from not trusting in ourselves to act in our own best interest.

You fear your inability to do what you need to do, when you need to do it, without hesitation.  Being afraid causes us to freeze and makes us unable to pull the trigger to execute our trades.  This causes missed opportunities, but the result of these missed opportunities is the real problem of not being able to pull the trigger.

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