Tag: dollar

So Here We Are....In The Middle

Posted on by The INO.com Team

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Wednesday, the 17th of August.

So here we are... We're in the middle of the month, it's the middle of the week, and the markets are stuck in the middle.  Stocks rallied early today, but they look like they are failing now.

Gold rallied again to test the $1,800 an ounce level.  It has now fallen back and looks to be on the defensive.  Crude oil has also rallied and is now faltering from a key resistance area.  Once again bank stocks look to be on the defensive.  I'll also share a chart pattern in the bank stocks with you that does not look good.

So let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "So Here We Are....In The Middle" →

Obama's Magical Mystery Tour

Posted on by The INO.com Team

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Tuesday, the 16th of August.

Obama's Magical Mystery Tour

Like a lot of folks, I enjoy the music of the Beatles.  While watching the news this morning, it struck me that President Obama's bus tour was not unlike the Beatles "Magical Mystery Tour" album of 1967.

Let me explain... Here we have a President who is so out of touch with what this country is going through, he finds it necessary to go out on a three day bus tour at tax payers expense and announce that he has a job plan.  But wait, this is the magical part: he's not going to announce this plan until after his vacation!  And the mystery part: if he has a plan, why didn't he announce it!  Did America really need to hear him announce that he has a plan, then not announce what the plan is?  I think not.  If you are unemployed, I'm sure the last thing you want to hear is that your president, the leader of these United States, has a job plan but his vacation is far more important than every day American jobs.  Talk about self centered.  There I said it, the king has no clothes.

By the way, one of my favorite track from the Beatles "Magical Mystery Tour" album is, wait for it, "The Fool on the Hill" written by Paul McCartney, sort of fits the times don't you think?

So let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Obama's Magical Mystery Tour" →

Weekend Update...What a week!

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 8/12/11.

What a week of market swings and volatility. Now that the dust has settled, let's examine what happened in the major markets we track.

Out of the six markets we track every trading day, three markets were in positive territory for the week. The three markets that did not end up in the plus column were S&P500 down 1.71%, Crude Oil lost 1.70% and the Reuters/Jeffries CRB commodity index minus .14% for the week.

The percentage winner for the week was gold which picked up 4.99% and remains in a strong upward trend based on our Trade Triangle technology.

This coming week is sure to be a interesting one. I will be back in the studio on Tuesday with my 1p.m.update on all the market's below. Until then, here's what happened last week in the major markets according to our Trade Triangle technology.

S&P500: change for the week: -1.71%
Monthly Trade Triangles for Long-Term Trends        = Negative
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = - 85

Silver: change for the week: +1.94%
Monthly Trade Triangles for Long-Term Trends        = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Negative
Combined Strength of Trend Score            = - 70

Gold: change for the week: +2.25%
Monthly Trade Triangles for Long-Term Trends        = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Positive
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = + 100

Oil: change for the week: - 1.70%
Monthly Trade Triangles for Long-Term Trends        = Negative
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = - 85

$ Index: change for the week: + .05%
Monthly Trade Triangles for Long-Term Trends        = Positive
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = + 65

CRB Index: change for the week: - .14%
Monthly Trade Triangles for Long-Term Trends        = Negative
Weekly Trade Triangles for Intermediate Term Trends    = Negative
Daily Trade Triangles for Short-Term Trends        = Positive
Combined Strength of Trend Score            = - 85

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

IS A PERSONAL TRADING COACH RIGHT FOR YOU?

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

This is  Adam Hewison for MarketClub, have a great weekend.

As always, we rely on our market proven Trade Triangle technology for catching the big moves.

What A Week!

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Friday, the 12th of August.

Well, I must say it has been quite a week! (And I think that's an understatement...) It is very seldom you see 400+ swing days in the Dow in different directions four days in a row. This past week will go down in the history books as one that will be remembered for a long time.

So let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011.

 

 

Continue reading "What A Week!" →

Where Are The Markets Heading?

Posted on by The INO.com Team

Hello traders everywhere!  Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Thursday, the 11th of August.

VEG-O-MATIC

Please see our earlier post today!

I think that many of the markets have reached an inflection point.  The equity markets appear to have put in an interim low that was seen last Tuesday.  Crude oil and the Reuters/Jefferies CRB index also appear to be following that trend.

Gold has more than likely put in a top when it traded over $1800.  We don't believe this is the final top, but just in interim top, as a lot of traders got into this market very late.  Silver on the other hand continues to be lackluster compared to gold, and remains on the defensive.  Intermediate term traders should be out of silver and on the sidelines.
So let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Where Are The Markets Heading?" →