Is The Market Slide Over?

Hello traders everywhere! Adam Hewison here, President of and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 24th of September.

The four day slide in the DOW (INDEX:DJI) pulled this index back to a perfect 30.2% Fibonacci retracement, where the market found support. With our long and intermediate term Trade Triangles in a positive mode, I am looking for this and the other market indices to resume their upward trend. The headwinds are of course, funding of the federal government, tapering, Syria and Muslim extremism. Any of those events could spook the markets in the month of October.

Today, President Obama is speaking at the United Nations (now there is a misnomer). I'm not sure what that's going to do, as the UN has been a largely ineffective organization since its inception on 24th of October, 1945. The U.S., thanks to your tax dollars, funds 22% of the UN, China 5.15%, and Russia 2.5%.

Gold continues to struggle and the question is, is gold close to a major bottom? I will be examining gold, plus reporting on the following stocks in today's video report.

Facebook (NASDAQ:FB)
Pandora Media (NYSE:P)

If you would like to leave a comment on anything I have discussed in today's video, we would love to get your feedback.

Have a great trading day,
Adam Hewison
Co-Creator, MarketClub

Bloomberg BNN CNBC FOX

Adam appears frequently on the following financial news channels as a guest expert. Click on any cable logo to watch Adam's latest appearance.

Today's Video Newsletter: Facebook and NetFlix form an alliance to learn more about you

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 13th of March.

Today Netflix and Facebook announced a sharing of data. You can view this in two ways, either it's very destructive, "these folks are learning way too much about my habits," or you can look upon it as a business opportunity. For Netflix, I believe it is more of a plus than it is for Facebook. The new add-on service tells you about what movies your friends are watching and in-turn, it tells your friends what movies you are watching. This could be a very positive move for Netflix. We have been bullish on Netflix for quite some time (12/04/12 @ $89.45) and this is yet another strong signal that Netflix can move higher and over the $200 mark. At the present time, we have upside target zones of $200, $220 for this stock. Continue reading "Today's Video Newsletter: Facebook and NetFlix form an alliance to learn more about you"

If You Love The Movies, Then You've Got To Love This Stock

If you love the movies, then you've got to love this stock.

This stock has been acting very well lately, as it seems to be able to shrug off all the negative news that we have been bombarded with lately.

In this short five-minute video , I explain in detail and take you step-by-step in what I think is happening to this particular stock. All of our indicators, including our "Trade Triangles" are pointed on the upside for this one market.

We are putting the video online so you can watch it with our compliments. There is no need to register and you can watch it right away.

Let us know what you think of the video on our blog.
Enjoy the video,

Adam Hewison
Co-creator, MarketClub