The Big Story Today is MF Global's Bankruptcy

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 31st of October.
-------------
Ask yourself this question, IS PERSONAL COACHING RIGHT FOR ME?

Give us a call today at 877–219–1482 for a free consultation and see if personal coaching is right for you. The call is free and the consultation is free.

You can watch my personal invitation to you about one-on-one coaching right here.

http://www.marketclubcoaching.com/now/
-----------
Ex-governor Corzine bets big on sovereign debt and loses.

The big story today: Is MF Global declaring bankruptcy based on their sovereign debt exposure? How can one brokerage company, which MF Global was basically spun off from, become a sovereign debt player to the tune of $50 billion? Well, it's all about leverage and huge egos, in this case Corzine's ego. Former governer of New Jersey, Jon Corzine essentially made a huge bet at the derivatives tables and lost! This is what happens when you let egos get involved in the markets over common sense.

In today's video, we're going to look at MF Global and show you just how our Trade Triangles were giving clear and concise signals that all was not well. These signals happened months ago as I will show you in today's video.

As many of you know, we have been criticized for not getting super bullish on the financials, as it looked as though they had broken out. We stuck to our basic beliefs and according to our Trade Triangle technology, the financials hadn't broken out to the upside. Having a disciplined approach by far and away is the winning strategy to have in today's markets.

You may recall our comments about how we go from "the world that is coming to an end", to instant euphoria. Things don't change quite that fast in the real world of trading. The overall trend continues to be negative in the equity markets. The overall trend in the gold market continues to be positive.

Okay, now let's go to the charts and see how we can create and maintain your wealth in 2011. Continue reading "The Big Story Today is MF Global's Bankruptcy"

A Game of "Wait and See" Anyone?

Hello traders everywhere!  Jeremy Lutz here, filling in for Adam with your mid-day market update for Friday, the 28th of October.
-------------
LAST DAY TO ENTER HERE TO WIN A FREE 1 YR SUBSCRIPTION TO MARKETCLUB ON A WiFi TABLET
-----------
The major indices are nearly unchanged after moving moderately lower earlier in the session today.

It appears that traders are reluctant to make any significant moves following the substantial upward move Thursday.  That move was caused by news that European leaders finally made headway towards a potential deal to resolve the regional debt crisis.

Traders look to be taking a "wait and see" approach to this rally, wondering if there will be any follow through next week.

Now, let's go to the charts and see how we can create and maintain your wealth in 2011. Continue reading "A Game of "Wait and See" Anyone?"

Is This Rally For Real?

The Video has been updated to a new version. Thank you for your patience.

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 27th of October.
-------------
LAST DAY TO ENTER HERE TO WIN A FREE 1 YR SUBSCRIPTION TO MARKETCLUB ON A WiFi TABLET
-----------
Is this rally for real and should you trust it?

The Dow is shaping up to have its biggest ever monthly October gain in the history of the Dow.  The question traders have to ask themselves, is this for real and should I get long this market?

Everything was sparked off late last night when they thought they had an agreement with the banks to take a 50% haircut on their bond holdings. To put it in simple terms, if you have something worth $10 on your books, it was now only worth $5. And that's a relative term, as there is no real trading market for these bonds at the moment.

The sharp upward move in October came as a surprise to many professional traders, as well as hedge fund managers. Today's action was largely a squeeze play, with the shorts getting squeezed out of their positions forcing them to buy back at higher prices.

Now to get back to our initial question, should you trust this rally in the market? According to our Trade Triangle technology and the long-term trends, not at the moment. Our long-term Trade Triangles on all the indices are still in a negative mode. Somewhere along the line this will change and we will either get a signal to resume short positions or reverse and go long. We will wait and see the outcome of this current move and how it affects our strategy and Trade Triangle technology.

Now, let's go to the charts and see how we can create and maintain your wealth in 2011. Continue reading "Is This Rally For Real?"

Do You Know Which Way the Market Is Headed?

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 26th of October.
-------------
Don't miss MarketClub TV Tonight at 5pm EDT.
E-mail us your questions at

ma**********@in*.com











or call 410 867-2100 extension 129.
-----------
It's Wednesday, do you know which way the market is headed?

What is gold telling us?

Do you think there is going to be a resolution to the crisis that continues to fester and grow in Europe?

I think everyone is pondering if the European problem is ever going to be fixed.  I for one, don't believe it is going to be fixed.  Now we hear that Italy is going to up the retirement age from 65 to 67, but it won't be going into effect in 2026.  Who are they kidding?

If you think Greece was bad, Italy is going to be another big problem waiting to happen.  Then we have Spain, Ireland and who knows who else is going to bite the dust...

These are interesting times, and they do lend themselves really well to making money.  If you are watching the markets and are nimble in your choice of markets to trade, both from the long and short side, you will do very well.

Don't forget to watch MarketClub TV tonight, our one-hour show on the market.  We go live at 5pm EDT, and if you can't make that time, we rebroadcast the show throughout the day on demand.  That gives you the option of watching it when you have time.  We will be covering some pretty interesting action on the markets that we are seeing today.

Now, let's go to the charts and see how we can create and maintain your wealth in 2011. Continue reading "Do You Know Which Way the Market Is Headed?"

How the Best Analyst In the World Nailed Netflix …

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 25th of October.
-------------
Don't miss MarketClub TV this Wednesday at 5pm EDT.
E-mail us your questions at

ma**********@in*.com











or call 410 867-2100 extension 129.
-----------

How the best analyst in the world nailed Netflix … And why Tuesdays are so important.

Most every day we interact with the best market analyst in the world. The problem is most traders don't even know it, or think about it. Continue reading "How the Best Analyst In the World Nailed Netflix …"