Tag: dollar

Does Bernanke know best?

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 22nd of June.

Yesterday it was Greece, today it's Ben Bernanke and the FED. What is really going on with the equity market is that no one has strong feelings either on the upside or downside . This neutrality is reflected in our +55 reading indicating that the market remains in a trading range. Today we want to do something a little bit different, I am going to go through each of the markets quickly, and  then zoom in and focus on two markets crude oil and silver. I think you'll find our analysis quite interesting and informative.

Now let's take a look at what's happening in the markets... Continue reading "Does Bernanke know best?" →

All Eyes Are On Greece

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 21st of June.

All eyes are on Greece as the vote will be taken this afternoon at five o'clock Eastern standard Time. That is a vote of confidence on the last 30 measures and also on the government. As you know, the market has been in an oversold condition and I think today's rally was reflective of that move from an oversold condition. Crucial 5 PM Vote comes in when the markets are closed. If there is a vote that is negative then these markets will come crashing down tomorrow. This is just like gambling in that no one knows what's going to happen with the Greek government. My own view is if they do agree on what they're doing it will just be kicking the can down the road.

Now let's take a look at the markets.... Continue reading "All Eyes Are On Greece" →

MarketClub's weekend wrap for the trading week ending on 6/10/11

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co founder of MarketClub with your weekend update for Saturday the 11th of June.

Here's what happened last week….

SP500:Down for the sixth week in a row with a loss of -2.25%

Silver continues sideways with a loss of -.11%

Gold finished the week with a loss of +1.6%

Oil closes with a loss of -.98%

The US dollar index rallied and posted a gain of +1.47%

Thomson Reuters/Jefferies CRB Commodity Index) finished the week flat -.09%

1PM Market Recap

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 10th of June.

It would appear as though the equity markets are continuing their losing streak with another negative week. the last time we saw equities lose six weeks in a row was back in 2002!

Yesterday's DEAD CAT bounce was just that, a DEAD CAT bounce.

Okay, now here's what's happening today in the major markets ... Continue reading "1PM Market Recap" →

1:00 Market Recap

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 8th of June.

Most traders do not know what a real bear market feels like. No, I am not talking about the 2008 bear market. I am talking about a prolonged Bear market that just doesn't let up -- this type of market just claws away at your equity. You can learn how to easily protect your capital from this kind of disaster by going to MarketClub.

Okay, now here's what's happening in today's major markets ... Continue reading "1:00 Market Recap" →