Tag: dollar

So What Is A Trader To Do?

Posted on by The INO.com Team

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 2nd of November.

Tonight we broadcast our one hour show on the markets.  We will take your questions and calls, so be sure to watch MarketClub TV tonight at 5 PM EDT.

Call us at 410-867-2100 extension 129 or email us at

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











 and leave a question for the show.   We will do our best to answer your questions on tonight's show.
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Greece (Grease) is on a very slippery slope.

There is no doubt in my mind that Greece is going to default.  I believe they are going to revert back to the drachma, which was the currency before they joined the euro zone.  Having grown up in Europe, you become aware of the different nationalities and their cultures, all of which seem to be at odds with each other.  I'm sure the German mindset cannot understand the Greek mindset and vice versa. Continue reading "So What Is A Trader To Do?" →

Can the Greek Government Survive? We Doubt It...

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 1st of November.

Now more than ever you may need PERSONAL COACHING!
The call is free and the consultation is free.

Call us today at 877–219–1482 and watch my personal invitation to you about one-on-one coaching right here.

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Can the Greek government survive? We doubt it...

The Greek Socialist party, led by Prime Minister George Papandreou, once again threw the world of finance and trading into turmoil. The news that Greece was going to hold a referendum in January, to vote whether or not to stay in the euro or face chaos, was for sure a political move.

Here's the question I'm asking today: If you're a Greek citizen and the government wants to take all your benefits away, which way would you vote? My guess is they just say to heck with it, and say they are not paying back the money they owe.

Continue reading "Can the Greek Government Survive? We Doubt It..." →

The Big Story Today is MF Global's Bankruptcy

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 31st of October.
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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/
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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" →

The week that was ... and what a week! Weekend Video Update

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 10/28/11.
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LAST CHANCE TO WIN A FREE 1 YR SUBSCRIPTION TO MARKETCLUB ON A HP WiFi TABLET
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BIG MOVES IN ALL THE MARKETS
Last week we saw the markets have massive gains both on the upside in the case of equities, gold, silver and crude oil. The US dollar came under pressure losing 1.6% on its index.

 

You have to be impressed with the market action and certainly this is a classic example of markets not following the fundamentals. I think everyone can agree that the fundamentals in Europe are not good and they are not particularly great here in the United States.

A quick look at the changes for last week:

S&P 500 Index: – up a positive 3.78% * Spot Silver:– up double digits with a gain of 12.64% * Spot Gold: - up 6.15% * Crude Oil (December): - up 7.05% * Dollar Index: - down 1.6% * Reuters/Jefferies CRB Index: - up 3.9%

So let's go look at the charts and see what to expect for this coming trading week and find out how we can create can maintain your wealth in 2011.

Continue reading "The week that was ... and what a week! Weekend Video Update" →

A Game of "Wait and See" Anyone?

Posted on by The INO.com Team

Hello traders everywhere!  Jeremy Lutz here, filling in for Adam with your mid-day market update for Friday, the 28th of October.
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LAST DAY TO ENTER HERE TO WIN A FREE 1 YR SUBSCRIPTION TO MARKETCLUB ON A WiFi TABLET
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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?" →