Trader's Blog Contest Winner For April

And the winner is...

The winner of the April contest, where we asked “Do you think the government should nationalize banks?,” is random comment number 222. We had 291 responses, but only 278 eligible comments and the overwhelming response was NO!

Congrats… Ali S. of St. Laurent, QC Canada

I will be sending your books out today and I will add two complimentary months of MarketClub to your account.

Don't forget to enter May’s Contest, we asked our visitors, “Looking back at President Obama's 100th Day in office... How would you describe his economic policies - Good, Bad, or Ugly?″

Thanks for participating... keep it up cause we love to hear from you.

Best,

The MarketClub Team

Trader’s Blog Contest For May

“Looking back at President Obama's 100th Day in office... How would you describe his economic policies - Good, Bad, or Ugly?”

Just answer… Good, Bad, or Ugly (specific opinions optional) to be entered in a drawing for the prize below.

Prize

Winner will receive 1 FREE month of MarketClub and a prize pack of DVDs which include the Options Bootcamp Series by Sid Woolfolk and four other trading seminars by trading greats Linda Raschke, Andrew Cardwell, Barbara Rockefeller and Laurence McMillian.

MarketClub & DVDs (+$212.00 Value)

How To Enter:

Comment on this post telling us if you would describe the economic policies implemented by Obama as Good, Bad or Ugly. Just write GOOD, BAD, or UGLY, but feel free to voice your opinion… just keep it clean and remember that there is only one entry per person.

Rules

1. This contest is open until 11:59 PM (PST) on May 31st, 2009.

2. No wrong answers, any participation counts as an entry.

3. One entry per email address.

4. Winner will be picked by random integer software.

5. Winner will be contacted on Monday June 1st, 2009 via email.

Good luck!

Stocks Holding Onto Strong Gains In Late Morning Trading - U.S. Commentary

(RTTNews) - Stocks have shown a strong upward move over the course of the trading day on Friday, with the major averages adding to the gains posted in the previous session. The strength in the markets comes on the heels of some better than expected economic news.

Before the start of trading, the Commerce Department released a report showing a smaller than expected decrease in durable goods orders in the month of March, although the report also showed a downward revision to the increase in orders seen in February.

While a separate Commerce Department report showed a modest decrease in new home sales in the month of March, the annual rate of new home sales came in well above economist estimates due to an upward revision to February sales.

The upward move reflects significant strength that has emerged in a variety of sectors, with gold, networking, oil service, and housing stocks turning in some of the best performances. On the other hand, brokerage, railroad, and computer hardware stocks are bucking the uptrend.

The major averages have moved roughly sideways in recent trading, hovering near their best levels of the day. The Dow is currently up 93.18 at 8,050.24, the Nasdaq is up 27.68 at 1,679.89 and the S&P 500 is up 10.44 at 862.36.

---

MarketClub Help Section

Dear Blog Visitors,

While Adam is away, our team is trying to hold down the fort. I wanted to share a link to MarketClub's new Help Section. If you are a member, this is a great way to learn and share tips on how use our tools with other members.

If you're not a member, this is a great place to see how our tools work and how you could incorporate them into your current trading plan.

Although this section is still a work in progress, you should find it helpful nonetheless.

MarketClub Help Section

Best,

Lindsay Thompson
Director of New Business Development
INO.com & MarketClub