Tag: precious metals

MarketClub TV for 9/26/12: Forget the iPhone 5 - I'm not upgrading!

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 26th of September.

Apple, Apple, Apple... by now I'm sure you've heard about the iPhone5. Yes, it is a wonderful phone, but I for one will not be upgrading to the iPhone5. I know it's faster, it's thinner, it's bigger, it has an App to leap over tall buildings. But what drives the iPhone is the software. The new iOS6 operating system, which I downloaded to my iPhone on Saturday, makes me a happy camper, plus I don't want to carry something around in my pocket that is bigger. I don't see any need to upgrade to the new iPhone5, and I think I'm not alone. After the initial surge, I think sales will drop off as others may share my same feeling. I was in my local Apple store this past weekend and the store was fairly busy, but no more than normal.

Riots in Spain and Greece today prove nobody wants to take a haircut with the new austerity measures that need to be implemented to receive the benefits of the European bailout.

The big question that concerns me, is the US next? With record gun sales and a persistent unemployment problem, can social unrest be that far away? Charles Plosser, the president of the Philadelphia Fed Bank, said that he did not think that QE3 or QE Infinity is going to help the economy anytime soon. Not exactly what you want to hear from a member of the Fed, and certainly not a ringing endorsement of the Fed's policy to just chuck more money at the economy, hoping something will work.

The reality is, the strategy that the Fed has embarked on has never worked over any length of time. Only businesses, not the Government, can create lasting jobs in America.

Okay, time to get off my rant mobile.

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: Starbucks goes to war

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Thursday, the 20th of September.

The markets have trimmed earlier losses but remain lower after reports showed jobless claims fell less than forecasted, while the Philadelphia Federal Reserve Bank's gauge of regional manufacturing activity remained sluggish. Investors are also concerned about the global economy after weak data from China and Eurozone.

Green Mountain Coffee Roasters (GMCR -7.01%) shares fell as Starbucks (SBUX +1.59%) rolled out its Verismo-branded line of single-serve coffees, along with a selection of electric brewers. Of course this product launch is directly aimed at GMCR's Keurig Machines. Is it too late for Starbucks?

Now, let’s go to the charts and our Trade Triangles and see what’s happening. Click Here to view today's video

Every Success,
Jeremy Lutz

Daily Video Update: Who wants to buy a home?

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Wednesday, the 19th of September.

The housing data released Wednesday morning showed an improving real-estate market. Construction of new U.S. homes rose 2.3% in August. Sales of previously occupied homes rose 7.8% in August from July to a seasonally adjusted annual rate of 4.82 million, the National Association of Realtors said Wednesday. That's the highest level since May 2010, when sales were aided by a federal home-buying tax credit.

Crude Oil on the other hand is down $3 a barrel today on rising inventories. Did MarketClub's Trade Triangles get you on the right side of this move? We'll take a look.

Now, let’s go to the charts and our Trade Triangles and see what’s happening. Click Here to view today's video

Every Success,
Jeremy Lutz

Daily Video Update: Uncertainty is the theme for the day

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Monday, the 17th of September.

While some traders are taking profits from the recent gains, others are looking to hold positions to maximize future returns.

This is leading to uncertainty about the near-term outlook for the markets following its recent strength. This begs the question... is the rally over?

Now, let’s go to the charts and our Trade Triangles and see what’s happening.

Every Success,
Jeremy Lutz

Click Here to view today's video

Daily Video Update: It's déjà vu all over again, as the FED throws the dollar under the bus

Posted on by The INO.com Team

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

The older I get, the more I realize that there are no new fiscal ideas. The Fed is basically recycling an old inflationary idea to try and get us out of the current mess. They are cloaking this in job creation, but what it tells me is that the US is in a far more serious economic condition than possibly any other time in history, including the great depression.

As for reducing the unemployment levels, that is going to be a much more difficult challenge as unemployment is going to remain stubbornly high. We are losing manufacturing jobs in the US and everything is turning or has turned to high tech and the Internet.

Take a company like Facebook, it runs on just three or four thousand employees. How are the Facebook's, Amazon's, and Google's of the world going to reduce unemployment? They cannot reduce their labor force and skill sets change in the blink of a nano second. A labor force that is uneducated, not online or too old, is going to have a tough time in the new online world. I know this sounds harsh, but that's the reality of today.

Back to the markets, as we go into this weekend it could be an excellent time to look for new 52-week highs in commodities, stocks, and any other market that is making a 52-week high.

Our Trade Triangles have been telling you that the equity markets and commodity markets were headed higher and that inflation was on the way for quite some time.

I will be out cruising in the Gulf of Maine aboard a three masted schooner for the next four days and will be pretty much out of touch. Jeremy will be doing the daily update for me until I return. Have a great weekend and every success trading these inflationary markets.

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