Did you miss last night's episode of MarketClub TV? Watch it now to get your market reviews for today!
Best,
The MarketClub Team
Did you miss last night's episode of MarketClub TV? Watch it now to get your market reviews for today!
Best,
The MarketClub Team
Hello traders everywhere. Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Wednesday the 6th of July.
The stars of the show today have to be the metal markets. Gold has rallied $50 from the low that we witnessed last week and is up over 1% today. Silver is even better with a rally of 1.82%. It seems as though the global anxiety factor is creeping back into the markets and people are getting more and more distrustful of what's going on in the world.
The question is, can the Democrats and Republicans stop their bickering long enough and come to an agreement on the debt ceiling? Eventually, I'm sure there will be some sort of compromise that will probably make both the liberals and the conservatives mad. It's really time to stop all this bickering and start making some hard and difficult choices. I'm not sure the current set of politicians have the chutzpah to do this.
The banks stocks took a little hit today and it's clear that these stocks are not out of the woods yet.
Let's take a look at how things are shaping up today and go to the charts to see how we can protect and make your money grow. Click here to watch the video. Continue reading "Metal Markets steal the spotlight"
Hello traders everywhere. Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Tuesday the 5th of July.
The big story today has to be the moves in both crude oil and precious metals. Both of these markets have made strong upward moves. The crude oil dump of 30 million barrels is history and it underscores just how little influence anyone has over what is arguably the most precious commodity for any industrialized country.
Is it just me or is there a whole lot of smoke and mirrors going on in the political/financial world today. It seems that politicians continue to kick the can down the road when no politician either here in the states or anywhere else for that matter wants to say there is no more money!
Is there a chance that Germany wants out of the euro? I believe there is. I also think that German citizens will ultimately become enraged at having to bail out weaker countries like Greece, Spain, Portugal. France of course has a huge risk as they have the most exposure to Greece. Continue reading "Crude Oil + Precious Metals = Strong Moves"
Adam is out of town this week, but the analysis never stops at MarketClub. Navigate the market with Jeremy and our "Trade Triangle" technology.
Join Susan at 1PM ET tomorrow for your live market update!
Best,
MarketClub
Hello fellow traders everywhere. Adam Hewison here, co-founder of MarketClub, with your weekend trading update for the week ending on 6/24/11.
Here's what happened last week in the major markets…. Continue reading "Weekend Update"
You are now leaving a Magnifi Communities’ website and are going to a website that is not operated by Magnifi Communities. This website is operated by Magnifi LLC, an SEC registered investment adviser affiliated with Magnifi Communities.
Magnifi Communities does not endorse this website, its sponsor, or any of the policies, activities, products, or services offered on the site. We are not responsible for the content or availability of linked site.