3 Big Turkeys - Congress, Europe and Jon Corzine

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 23rd of November.
------------
IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU?
Free call - 877–219–1482 - Free consultation.
-------------

3 Big Turkeys - Congress, Europe and Jon Corzine

There's no doubt about it, 2011 is turning out to be the year of the turkeys.  With all of the major international stock markets lower for the year, 2011 has not been a good year for "buy and hold" investors.

As of this writing, all of the major US indices are lower, with the S&P 500 down over 5%.  The current scenario reminds me of what Will Rogers, a very famous American humorist, had to say over 70 years ago, “I am more concerned about the return OF my capital, than the return ON my capital”.

We couldn't agree more!  We feel thankful Continue reading "3 Big Turkeys - Congress, Europe and Jon Corzine"

The Gang That Couldn't Shoot Straight

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 22nd of November.
------------
IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU?
Free consultation. 877–219–1482
-------------

From MF Global, The Gang That Couldn't Shoot Straight

MF Global … Just when you thought it couldn't get any worse, it does!  Now it's $1.2 billion that's missing, not $600 million, which was bad enough.

This is not today's market update video, but it shows just how the current administration thinks.  I don't care if you are a republican or a democrat, with great minds like this handling government money, what could go wrong? Continue reading "The Gang That Couldn't Shoot Straight"

It's all toxic for the market!

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 21st of November.
------------
IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU?
Free consultation. 877–219–1482
-------------

Moody's, France, the SUPERCOMMITEE, you name it!  It's all toxic for the market!

Traders looking for good news are going to be hard-pressed this week, as everything seems to be "hitting the fan" at the same time.

We have Moody's Investor Services warning about a possible downgrade to France's credit and it all seems to be feeding off itself.  Let's not forget the other credit bombs like Italy, Greece, Spain, Portugal and Ireland.  This is one mega-mess that is not going to be easily gotten out of. Continue reading "It's all toxic for the market!"

Weekend Update: SUPERCOMMITTEE, EUROPE, and other big problems for the markets.

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 11/18/11.

MarketClub members, this video is automatically inserted on your home page on the bottom right hand side.

-------------
ENTER HERE TO WIN A FREE 1 YR SUBSCRIPTION TO MARKETCLUB ON A WiFi TABLET

-------------

SUPERCOMMITTEE, EUROPE, and other big problems for the markets

This week I want to give credit where credit is due. One thing that Washington does really well, is they know how to name things, have you noticed that? Remember these names? The American Recovery and Reinvestment Act of 2009, Shovel Ready Jobs, or my favorite, "Cash for Clunkers" remember that one?

Now comes the SUPERCOMMITTEE, it's not just a committee, it's a SUPERCOMMITTEE with no space. I keep thinking to myself, what is a SUPERCOMMITTEE, how is it different from a committee? In fact, I was so intrigued that I looked up SUPERCOMMITTEE in the dictionary, the word doesn't even exist. Like a lot of things in Washington these days, it's all about smoke and mirrors, followed by no substance.

On the 23rd of this month, just before Thanksgiving, the so-called SUPERCOMMITTEE is going to come out with their recommendations, it's not going to happen. Chances are, the report/recommendations will be delayed until the following week. If anyone's good at kicking the can down the road, it's Washington.

Another fly in the ointment for the markets this coming week, is the Continue reading "Weekend Update: SUPERCOMMITTEE, EUROPE, and other big problems for the markets."

What is happening to the world?

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 18th of November.
------------
IS PERSONAL MARKETCLUB COACHING RIGHT FOR YOU?
Free consultation. 877–219–1482
-------------

It's Friday and we know what that means!

As we move into the trading day, the equity markets are all lower for the week.  Many of the markets came under pressure this past week, including crude oil which looks like it is going to close lower for the week after reaching a six month high earlier in the week.  This is not a particularly positive sign for this market. Continue reading "What is happening to the world?"