Today's Video Update: Fear And Uncertainty Enter The Markets

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 17th of April.

Fear And Uncertainty Enter The Markets
It is only Wednesday, but it has been one heck of a week already! The biggest take away for me this week, was the big moves seen on Monday in equities, gold and crude oil. For the first time, we are seeing the twin elements of fear and uncertainty enter into the markets. These two elements are incredibly powerful and tend to move markets much more than fundamentals ever do. The battle lines are clearly drawn for the equity markets with the lows seen on Monday as the proverbial "line in the sand" for equity traders. Crude oil and gold are now both in clear downtrends and are set to still move lower. Continue reading "Today's Video Update: Fear And Uncertainty Enter The Markets"

Gold Is Plunging -- Which Commodities Are Joining It?

By: Street Authority

Although the U.S. stock market has generated a healthy glow this year, the commodity complex appears to be entering into a growling bear market. Just consider these stats:

  • After a sharp drop on April 15, gold has plunged nearly 20% since the year began and nearly 30% since hitting an all-time high of around $1,900 per ounce in the autumn of 2011.
  • West Texas crude oil has slipped from $97 per barrel to $87 in just the past two weeks.
  • Copper has slid roughly 12% this year and is off roughly 27% since the summer of 2011 peak.
  • If aluminum breaches the 80 cents per pound mark (it's currently at 82 cents), it will see its lowest levels since the summer of 2009.

Unless these commodities quickly stabilize, they will all start to break key resistance levels and head even lower. Yet it's unwise to lump all commodities together, and the factors affecting one of them is quite distinct from all others. Continue reading "Gold Is Plunging -- Which Commodities Are Joining It?"

How to make a big bet and lose:-(

In today's Trade School video, we're going to be looking into a hedge fund who made a big bet on one stock and lost.

I will share with you how this hedge fund could have systematically avoided this loss and made money in this particular stock using our Trade Triangle technology, which has proven to be market tough and resilient over the years.

In this short 3 minute video, I will illustrate the importance of having a solid game plan and a market-proven approach. I will go through each trade in this stock and share with you the results of relying on our Trade Triangle approach from the beginning of the year.

This approach is not for everyone, but I think you will agree that this particular hedge fund manager would have been better off not falling in love with this stock.

Thanking you in advance for watching this video on how not to invest like this hedge fund manager.

Adam Hewison
President, INO.com
Co-Creator, MarketClub

Gold Wipe Out Highlights Unbiased Risk Management

The damage in the precious metals began back in November when the critical 460 support level was broken on HUI.  Anyone who did not acknowledge that the violation of this level (the neckline to the 2011 topping pattern) was important – or as NFTRH called it “abnormal” to a bullish case – was looking through rose colored glasses.

After that came a bottoming attempt, a failure in January, numerous bottom calls from around the gold analyst spectrum and a series of bear flags that served to reset over sold status just enough to fuel each new plunge. Continue reading "Gold Wipe Out Highlights Unbiased Risk Management"

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 (April 15th through April 19th)

 It has been a few years since the Precious Metals have seen a Friday selloff followed by an even bigger Sunday night drop, but anyone that has been trading since 2008 remembers prior price action like this. And when any sector of the market experiences drops like these, everyone will be racing to the television and internet hoping to find someone bold enough to confidently call “THE LOW”. As far as this article and this drop are concerned, I think it is way too early to begin spouting target prices for a low. With all of the expected margin calls and positioning that will follow, I feel the best thing to do is be patient and let things in the Metals settle down before stepping in for a long term play. There should be many intraday trades available thanks to the expected volatility, but the long term play will be too difficult to depend on this early in the week. Continue reading "Gold Chart of The Week"