Tag: Gold

Daily Video Update: The Excitement of Going Nowhere Fast

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 16th of August.

The market has been grinding higher almost daily and today would mark the 6th day in a row that this market has closed higher. With our long-term Trade Triangle still in a negative mode, we are not excited about chasing the current rally. Intermediate traders should be out of this market, while long-term traders should either be on the sidelines or short the S&P 500 index.

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 Video Update: Mixed economic signals, signal a market that is seeking direction

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 15th of August.

I have no trend, I have no trend, seems to be this markets mantra at the moment. It would appear as every time we have positive news for the market, we have negative news that follows which pretty much negates all of the positive news. That seems to be the major theme for August. Take today for example.

(GOOD NEWS) Industrial Production in US Rises 0.6% on Autos, Utilities
(GOOD NEWS) Home builder Confidence in US Increases to Five-Year High

(BAD NEWS) Staples Net Falls 32% on Weak International Sales; Cuts Year View
(BAD NEWS) Slipping international sales zap Deere 3rd-qtr earnings

I could go on, but I think you get the picture.

Eventually, the stalemate will be over and the market will resume in a direction for more than one day. We are relying on our Trade Triangle Technology as we know mathematically that the odds are on our side when we use this approach. I hope you were able to catch yesterday's video as we highlighted a major stock, and I stepped you through every signal since 2004! The results speak for themselves.

Stay tuned to today as I have a special surprise for all MarketClub Members that will come at the end of today's video.

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

Gold's Road to Nowhere

Posted on by The INO.com Team

From 'Road to Nowhere' by the Talking Heads:

We're on a road to nowhere come on inside. Takin' that ride to nowhere we'll take that ride. Maybe you wonder where you are I don't care. Here is where time is on our side  take you there.

From the US Federal Reserve's website and the sub-section The Federal Reserve's Response to the Crisis: Continue reading "Gold's Road to Nowhere" →

Daily Video Update: Where do we go from here?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 14th of August.

At the moment there appears to be a lack of conviction by both the bulls and the bears to move this market one way or another. This indecision has also registered in our Trade Triangle technology with many of the major markets now indicating a sideways to mixed trend.

It has been this way for quite some time and I think it is wearing a lot of investors and traders down. Normally, when you have indecision like we are witnessing in the markets they are usually preparing for some big moves later in the year. The big moves may begin after Labor Day, when many traders and investors return from their summer hiatus. Also, it should noted that volume has been extremely light in many of the markets which underscores the lack of participation by both the public and professional traders.

We are also going to be looking at a buy and hold strategy compared to a strategy using MarketClub's Trade Triangle Technology. It's on a major stock that everyone knows. The results may surprise you so stay tuned.

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

Gold Chart of the Week

Posted on by The INO.com Team

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 13-August 17)

If Gold traders were patient throughout last week’s choppy trade, those who held long positions were rewarded on Friday with a convincing move higher. Throughout the early part of the week, we saw the Euro Currency correcting its rally from the prior week, and this action sent the US Dollar up to resistance, which ultimately kept a lid on any hope for a bounce in the Gold. Continue reading "Gold Chart of the Week" →