Daily Video Update: After the bell Amazon and Apple report earnings … Buy or Sell?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 25th of October.

After the closing bell tonight we have the number one tech company, Apple, reporting their earnings, as well as the number one online consumer company, Amazon, reporting their earnings.

Doubtless the earnings of these two giants will have an effect on tomorrow's market. In today's video we will be looking at both Apple and Amazon and share with you how we are positioned before the earnings are reported. I think you will find how we are positioned might be very contrary to popular opinion.

UNCERTAINTY PERSISTS Continue reading "Daily Video Update: After the bell Amazon and Apple report earnings … Buy or Sell?"

October Frightfest: Failure to Break Concrete Ceiling Results in Pullback

HEALTHY CONSOLIDATION OR DEEPER CORRECTION AHEAD?

The month of October has not been kind to Gold & Silver Bulls as the markets have continued to breakdown, ending a lackluster week with an especially weak close.

The inability or failure to take out the Bears’ Concrete Ceilings of resistance at $1800 Gold and $35 Silver has weighed heavily on the Bulls as this consolidation is wringing out any excessive bullish sentiment from these heavy metals, hard currencies.

Let’s take a quick look at how far (and how fast) these markets have recently fallen off their most recent highs: Continue reading "October Frightfest: Failure to Break Concrete Ceiling Results in Pullback"

Daily Video Update: Earnings sink the markets and Spain gets downgraded AGAIN!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 23rd of October.

It is as if the world just woke up from a fantasy dream and they are seeing the markets for the first time through reality glasses.

According to comments made this morning from the Head of the Bank of Israel, Stanley Fisher, the "world is close to recession". He just might be right.

You know what I am going to say next…

Using our Trade Triangle technology, not knowing what the head of the Bank of Israel was going to say this morning, you would have missed the current downdraft in the major markets today and yesterday. In fact, you would have been on the sidelines for the past two weeks! Taking a position on the sidelines, is a position in and of itself. With a sidelines position you are protecting your capital from uncertainty which is clearly the concern of many investors today. Continue reading "Daily Video Update: Earnings sink the markets and Spain gets downgraded AGAIN!"

Gold Chart of the Week

Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (October 22nd through October 26th)

Last week concluded another five days of mixed data that continues the keep everyone guessing. When it comes to the fundamental side of the current market, traders are left scratching their heads fairly regularly. Each week we have to keep in mind that the US FED has made it clear that they will continue to print US Dollars and purchase debt (QE) which should help global markets avoid total disaster. Much of the sharp rally in Gold prices from late September into early October were in anticipation of this announcement. But it should be noted that the FED’s balance sheet is at the lowest level since June 2011 which means the $40B per month in easing has not yet begun. Last week reported less than favorable earnings for quite a few big names in the US markets, which prompted a hefty correction in equities that wiped out a three day rally in one session. Continue reading "Gold Chart of the Week"

Daily Video Update: The most important debate in American politics takes place tonight. Are you going to watch?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 22nd of October.

One of the big untold stories in 2012 is the fact that the stock market is up 15% for the year and has outperformed every other asset class. The last time this happened was in 1995, so it is pretty unusual. With a couple of months to go before year end, we'll see how things play out.

Now, it could be argued that the massive ongoing stimulus acted to propel stocks higher. It could also be argued that it was the policies of this current administration that pushed stocks up. Either way, the market is higher for the year. As traders we try not to think about who or what is causing a market to move, we simply like to get the direction right and go with the major trend.

LAST WEEK: Late last week, Lindsay created a very powerful video on SkyWest (SKYW) stock. The video runs about four minutes and explains how using our Trade Triangle technology can help you significantly outperform a buy-and-hold strategy. Continue reading "Daily Video Update: The most important debate in American politics takes place tonight. Are you going to watch?"