Weekend Update (4/23/11)

I hope everyone is enjoying their weekend. The action never stops at INO. I just finished this weekend's market update. I base this analysis off of our weekly charts and "Trade Triangle" technology.

I don't think it will be shocking to anyone that the dollar is continuing its downward plunge. You can almost see the invisible tax hitting the markets.

The S&P 500 is looking good for the long term, but short term traders should be out of this market (for now).

All indicators look positive for silver. It had an 8.7% gain last week alone, but can it go down?

Find out why I'm not too enthusiastic about gold.

Finally, crude oil continues its upward sprint...can it reach 120 a barrel?

Find out now...

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Every success,
Adam

POLL: Where Does Your Money Go?

It is hard not to be a sore loser in today’s economy. We pay more money for less gas. The prices on groceries have risen, while the value of the dollar has fallen. The unemployment rate is still high, and many of us owe more on our homes than they are worth.

So, how do you think we can turn this economy around? Perhaps we would all like to believe in Bernanke’s theory of Wealth Effect. (“Higher stock prices will boost consumer wealth and help increase confidence, which can also spur spending. Increased spending will lead to higher incomes and profits that, in a virtuous circle, will further support economic expansion.”) However, that doesn’t seem to be happening. So, when do we stop trying to help the economy by buying, buying, buying, and start keeping ourselves safe by saving?

How will you help to turn this rocky economy back into a well-oiled machine?

View Results

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As usual, we would love your feedback and insight. Let us know where your money is going in the comments section.

Best,
The MarketClub Team

MarketClub TV (4/21/11)

First off, I want to congratulate Wayne Byron on his free one year membership to MarketClub. Although Wayne is already a current member, he will receive an additional year free to his membership.

Now down to business. The dollar hit a new low today. If you watched my afternoon update, you know that gold hit our predicted level of 1,500. Still not as strong as silver, but what's next for gold?

I also talk about "stops" in tonight's video. Whether it be in regards to percentage, the dollar, or our very own trade triangles, you don't want to miss it.

You may not want to rush into google, but you will have to tune in to find out why.

Also, Cal from Toronto has a great question that we discuss. I look forward to hearing your questions next Thursday on MarketClub TV!

Click here to view MarketClub’s full Livestream library

Every success,
Adam

Afternoon Update (4-21-11)

I was so excited about the markets today that I decided to jump the gun and update you early! Did the dollar move down as predicted by our MarketClub trend lines? Did gold meet our target level of 1,500? You will have to tune in for the answers, folks. What I can tell you, is that the S&P is seeing some major resistance with its potential "reverse head and shoulders" trend lines.

With the long holiday weekend approaching, you do not want to miss today's final update. Join me LIVE at 7PM ET tonight and be ready for the post-holiday markets on Monday!

Click here to view MarketClub’s full Livestream library

Every success,
Adam

Afternoon Market Update (4/19/2011)

The dollar had a strong day yesterday, but did it hold true for today's position? What is the next target zone for crude oil? These are just a few questions I address in today's market update. Also, don't be afraid of our "Parabolic Studies" tool. It can help you better understand the trend lines.

Don't miss today's precursors for tomorrow's trades!

Click here to view MarketClub’s full Livestream library

Every success,
Adam