POLL: "I'm Sorry America" - Andrew Huszar

Former Federal Reserve official, Andrew Huszar, has been making the rounds this week apologizing to America for his part in QE. See his article on WSJ.com here. Below is his opening statement.

"I can only say: I'm sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed's first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I've come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time."

I found the article both interesting and scary and it made me think...

Did The Federal Reserve Do The Right Thing?

View Results

Loading ... Loading ...

Please take a moment to cast your vote and to share your thoughts on the article and the Fed.

Every Success,
Jeremy Lutz

A Chart Setup I Really Like

Today, I'm going to be sharing a chart setup I think has a lot of potential based on some of the technical studies I use here at MarketClub.

The chart I am analyzing is Cliff Natural Resources (NYSE:CLF).

At number 1, I have drawn a downtrend line from the high around $100, all the way down to where the trend line was broken in late July of 2013. Generally, the longer the trend line, the more powerful the move when it is breached. This trend line on CLF lasted a little over two years and touched three distinct points, confirming it as a valid trend line. Continue reading "A Chart Setup I Really Like"

How To Spot The Opportunity In The Problems For Small Banks

By Tim Melvin

In his 2010 book, Bye Bye Banks, 50-year industry veteran Robert H. Smith outlines the obstacles and issues facing the bank industry today.

Smith points out that it is the small banks that are disappearing from the financial landscape either via failure or merger, and sees a long list of obstacles. These obstacles include the Federal government, which sees banks “as their vehicle to engineer society, thereby satisfying their political and social expectations.” Smith addresses the competitive and regulatory environment that is practically forces banks to see merger partners and become larger.

It is eye opening to see everything laid out on one place. Continue reading "How To Spot The Opportunity In The Problems For Small Banks"

Are Interest Rates Going To Kill This Bull Market?

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 8th of
November.

The Beat Goes On, Or Does It?

As the indices make new highs, interest rates have turned and are once again beginning to creep up. It certainly appears to be a strong indication that interest rates have indeed bottomed out. If interest rates continue to improve, meaning high yields for investors, I see this as a potential negative for the market in 2014.

Next year is going to be a dramatic year in the markets in my opinion, as we have a new Fed chairperson, rumored to be Janet Yellen, taking over from helicopter Ben. Ms. Yellen is going to have her work cut out for her trying to clean up the 4-year mess that she is inheriting. Whatever course of action Ms. Yellen embarks on will certainly have major ramifications for the markets, not just here in the United States, but also around the globe. Continue reading "Are Interest Rates Going To Kill This Bull Market?"

Three Reasons Why Gold's Best Days Are Ahead

The Gold Report: Sean, over the next two months, you'll be launching two different newsletters. The first one will be called Gold and Resource Trader. Why is now the right time to debut?

Sean Brodrick: It is a good idea because gold is generally hated right now. I like to look smart. One way to look smart is to buy things near a bottom and then hold onto them as they increase in value.

There is real value in the gold mining area. I ran a screen recently showing 25 miners trading on U.S. exchanges below book value. Some of them I wouldn't buy, but some I would. This shows that real value is there. We are closer to the bottom than we were to the top, so now is a good time to get in.

TGR: Tell us about the second newsletter you're going to launch in January? Continue reading "Three Reasons Why Gold's Best Days Are Ahead"