Daily Video Update: China buys US corn … is there enough to go around?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 21st of August.

The MarketClub Trade Triangles have been scoring some big gains in the grain markets this year. In fact, the grain markets we track in our World Cup Portfolio have been knocking it out of the park with positive double-digit returns.

Is now a good time to get into the grain markets? Well, it's never too late, but you must have a game plan and that's where the World Cup Portfolio comes in. As a member MarketClub you have complete access to this portfolio every single day.

Today's tip: Get ready for inflation!

One thing to remember about Tuesday is it can often signal a reversal in the markets, especially after a run up in prices.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video

The Gold & Silver Speculator

The Gold & Silver markets spent yet another quiet week languishing in the summer doldrums essentially going nowhere fast with prices tightly bound within tiny ranges and even weaker trading volumes.

Bulls and Bears alike seem content to wait things out to see just whether something of significance will come to pass 2 weeks from now at month’s end during the Jackson Hole Symposium and ECB Policy Meeting.

For now, “The Song Remains the Same” (Markets = Dead Calm) as both sides of the trade sit idly “Waiting On a Friend.” (Bernanke QE On/Off?) Or “Waiting For the Sun.”(ECB Bailouts) (Thank you to The Led Zeppelin, The Rolling Stones, and The Doors) Continue reading "The Gold & Silver Speculator"

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 SERIES (August 20-August 24)

After completing what seemed like a fairly strong week in global markets, I now look back at the daily charts for most futures and realize that overall, things were not really all that exciting. While the Treasuries quietly slipped lower day after day, and the Crude Oil and Stock Indexes maintained their upward bias, the US Dollar, the Euro Currency, and the Precious Metals were overall fairly boring. There were no real breaks above or below the ranges that we continue to be stuck in. I suppose the reason there may have been some excitement in the overall trade last week is that despite the low volume (which hit record low in some markets) there were opportunities to hold positions without fear of the intraday or overnight “stop-hunt” that we all have become so accustomed to. If traders sold Treasury or Yen Futures, or bought Crude Oil, Grains or Stock Index Futures to start the week, they had the first chance in a long time to hold out for the directional move. If traders were involved in the Dollar, Euro, Gold or Silver Futures, the same rules applied but there was much less direction to speak of. Continue reading "Gold Chart of the Week"

Daily Video Update : Is a market correction ahead or is this market going to make it seven weeks in a row?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 20th of August.

The US equity markets have closed higher six weeks in a row. While this is not an impossible feat, it is rather unusual to see a market move higher six weeks in a row without seeing some sort of correction. We think one of the reasons the markets have moved higher is very light volume.

We still have all the problems we had before, Europe, the elections coming up in November, China slowing down, and none of this is going away anytime soon. So is this week going to end up higher, or are we going to close lower for the week? We are skeptical the market can stitch together seven weeks of higher closing in a row given the proximity of major resistance at the April highs.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Click Here to view today's video

Daily Update: How many ways can Europe kick the can down the road?

Due to technical difficulties we will not be posting a video today.

Hello MarketClub members everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market report for Friday, the 17th of August.

Yesterday the markets shrugged off negative news and focused on the comments from German Chancellor, Angela Merkel. Ms. Merkel, who just returned from vacation, has somehow miraculously endorsed the European Central Bank’s conditional support for Spain and Italy. On the other side of the coin, a Finnish official has suggested that Euro zone leaders are preparing for the worst, including a possible breakup of the currency bloc.

Upon further inspection, Ms. Merkel's statements of support leave room for a great deal of interpretation. We see it quite simply as delay, delay, delay, and yet another way for politicians to kick the can down the road. Continue reading "Daily Update: How many ways can Europe kick the can down the road?"