Tag: Gold

What's going on in the Markets... (5/18/11)

Posted on by The INO.com Team

Hello, Adam Hewison here for MarketClub with your 1 p.m. market update for Wednesday the 18th of May.

Watch what's happening right now ...

S&P500: -60. Market very oversold. Long term uptrend remains intact. Market at the lower end of the Donchian Channel. Neutral - Trading range.

Silver: Score -60. possible bullish divergence on the Williams %R indicator. Major resistance at $39.50. Support at $32.00.

Gold: longer term trend still positive. Score +65. Support at $1,462.50. Resistance at $1,526.Trading Range

Crude Oil: +80 neutral Trading range. Long term indicator remains positive. Mid point on the Donchian Channel. Possible bullish divergence on the Williams %R indicator.

The Dollar Index: Score +55. In a trading range with the longer term outlook remaining negative. Possible negative divergence. Look for a pullback?? Major resistance remains at 77.50.Minor support at 74.00.

The Thomson Reuters/Jefferies CRB Commodity Index: Score -55. Near-term resistance at 348.50. Support at 333.50. Market very oversold on hedge fund liquidation. Bullish divergence on the Williams %R indicator.

All the best,

Adam Hewison
President of INO.com
Co-founder of MarketClub

1p.m. Market Update (5/17/11)

Posted on by The INO.com Team

Hello, Adam Hewison here for MarketClub. Watch what's happening right now in the markets ...

S&P500: -70. Market very oversold. Long term uptrend remains intact. Market at the lower end of the Donchian Channel. Neutral - Trading range

Silver: Score -70. possible bullish divergence on the Williams %R indicator.Major resistance at $39.50.Support at $32.00.

Gold longer term trend still positive. Score +55. Support at $1,462.50. Resistance at $1,526.Trading Range

Crude Oil: +55 neutral Trading range. Long term indicator remains positive. Possible bullish divergence on the Williams %R indicator.

The Dollar Index: Score +70. In a trading range with the longer term outlook remaining negative.Possible negative divergence. Look for a pullback?? Major resistance remains at 77.50.

The Thomson Reuters/Jefferies CRB Commodity Index: Score -70. Near-term resistance at 348.50. Support at 333.50.Market very oversold on hedge fund liquidation.

All the best,

Adam Hewison
President of INO.com
Co-founder of MarketClub

I'M BACK!!!

Posted on by The INO.com Team

Hello, Adam Hewison here for MarketClub. A lot has happened since I've been gone, but it's time to focus on what's happening right now! Here is a preview of what's ahead for your 1PM market update for Monday the 16th of May.

SP500 +65 and moving sideways. Up trend still intact. Market at the lower end of the Donchian Channel. Target remains at 1,4000.

Silver possible bullish divergence on the Williams %R indicator.Major resistance at $39.50.

Gold longer term trend still positive. Support at $1,462.50. Resistance at $1,526.

Crude Oil neutral with a + 65 reading. Long term indicator remains positive. Possible bullish divergence on the Williams %R indicator.

The Dollar Index is trapped in a trading range with the longer term outlook remaining negative. Major resistance at 77.50.

The Thomson Reuters/Jefferies CRB Commodity Index, is negative with a 60% reading. Near-term resistance at 348.50. Support at 333.50.

Join me at 1PM ET for your LIVE market update!

All the best,

Adam Hewison
President of INO.com
Co-founder of MarketClub

POLL: Will The End Of QE2 Determine Gold’s Destination?

Posted on by The INO.com Team

The second run of quantitative easing is coming to a close and no one can quite agree on how it will effect the market moving forward. Regardless of your opinions on QE and QE2, the government's "easy money" policy has a profound influence on the price of gold, stocks, and the dollar.

Do you think the $100 sell off that occurred in gold this week is a sign of things to come, or will the price move higher by year’s end?

View Results

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Afternoon Update (4/26/11)

Posted on by The INO.com Team

As much as I regret that I will not be able to supply your daily updates, I am looking forward to a much needed vacation. I will be leaving tomorrow, and returning on the 16th of May. I did however, want to give you one final update on the current markets before leaving.

Today I focus on the resistance levels regarding the S&P 500. It looks like we have finally broken out of the recent resistance levels! I also address the "energy fields" for the S&P and compare them to that of gold and silver.

Are equity markets the place to be? Tune in to find out!

Click here to view MarketClub’s full Livestream library

While I'm out, you can count on Susan Jackson and Jeremy Lutz for some additional lessons. Keep an eye on our blog for detailed information!

Every success,
Adam