Today's Video Update: The Golden Boy Does It Again

Hello traders everywhere! Adam Hewison here, President of and Co-creator of MarketClub, with your mid-day market update for Tuesday, the 28th of May.

The Trend, The Trend , The Trend
I've have talked about the power of market trends for quite some time, and how our Trade Triangle technology has nailed the current move in the stock market. Ask yourself this one question, would you stand in front of a speeding train that was heading right for you? Of course not, that is why it is important to never underestimate the power of trends. Trends tend to persist longer than most people expect. Currently the Trade Triangles have been in this bull market since the first quarter of 2009. I continue to keep a vigilant lookout for a reversal, but as of today that reversal has not been happened. I'll will be watching our trusted Trade Triangles very closely and reporting the first indication that trends are changing in the major indices. Continue reading "Today's Video Update: The Golden Boy Does It Again"

Get Ready to Profit from the "Return of the Consumer"

After a stunning 15% surge since mid-November, the market has struggled in the past month, trading up and down in a tight 1% band. Problems in Europe have reignited and many on Wall Street are expecting consumer spending to weaken during the rest of the year. It is all making the case for a bull market very difficult, except for a key report the U.S. Federal Reserve recently released.

I am not talking about the Fed's stance on interest rates, or whether it will maintain record bond purchases. This report is even more important because it concerns the driver to 70% of the nation's economy and, despite current bad news, it's pointing straight up.

But first, a bit of background... Continue reading "Get Ready to Profit from the "Return of the Consumer""