Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 26th of February.
In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.
STOCKS ON THE MOVE TODAY:
Discover Financial (DFS)
Newfield Exploration (NFX) Continue reading "Today's Video Newsletter: Yesterday's concerns become today's reality"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 25th of February.
In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.
#1 MAJOR CONCERN
My number one concern, much like everyone else here in America, is the sequester on March 1st. This date is rapidly approaching and neither the Democrats nor the Republicans seem ready to compromise on this major challenge. The game of political chicken has been lifted to a whole new level of brinkmanship here the US. I am not sure that is in the best interest of the markets or the country. With the DOW and the NASDAQ indecisive at the moment, investors are losing confidence as they still feel shaky and have strong memories of 2008. Only the S&P remains in a positive mode and this is the one to watch carefully, in my opinion. Should this index breakdown and start moving lower, investors are likely to bolt for the exit doors. Continue reading "Today's Video Newsletter: I have two major concerns today"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 22nd of February.
In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.
GOD BLESS MEG ...
Is Meg Whitman going to create a miracle with Hewlett-Packard (HPQ)? Yesterday, HP announced its earnings and while its profits were dramatically lower, it was not as bad as most analysts had expected. But here's the interesting news, technically HP appears to be making a base in which to move higher. The key level we are watching for the rest of the month is $17.50. Should HP stock move over this level, all of our Trade Triangles will turn green. If this happens, and it is a big "if", the major downtrend for HP will have finally reversed its three year decline. We will be looking at HP stock today using our Trade Triangle technology. Continue reading "Today's Video Newsletter: God Bless Meg … AIG finally makes a profit and ABBONDANZA!"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 21st of February.
In addition to the markets we normally report on, we will also be looking at the following markets using our Trade Triangle technology.
SLAP ON AN APPLE
First filed with the U.S. Patent and Trademark office in August 2011 and just discovered today by Allappnews.com, is Apple's patent for a “bi-stable spring with flexible display.” In other words, this could be the long-rumored iWatch. Here is what the patent states: With touch screen user input, a user can accomplish a number of different tasks including adjusting the order of a current playlist, and reviewing a list of recent phone calls. A response to a current text message can even be managed given a simple virtual keyboard configuration across the face of the flexible display. We will be looking at Apple (AAPL) today with our Trade Triangle technology to see if this new patent discovery moved the needle or if it makes sense technically to buy, sell, or take a rain-check on this stock. Continue reading "Today's Video Newsletter: Slap on an Apple, and plug in a Tesla"
Adam had a chance to sit down with Jim Martens from Elliot Wave International (EWI). He shared some of his trading experiences and had some great insight on the currency markets.
Jim Martens is Elliott Wave International’s Senior Currency Strategist and editor of Currency Specialty Service. He got his start working with metals traders on the Commodity Exchange Center in New York and quickly earned a reputation for insightful market calls. Jim first joined Robert Prechter’s team at EWI in September 1993, covering a diverse list of markets from commodities to financials. He left EWI in 2001 to join Nexus Capital Limited, a Soros-affiliated Hedge Fund based in Hamilton, Bermuda, as their Technical Market Strategist. Jim rejoined EWI in the summer of 2004 and soon headed up the currency team. He is an experienced Elliott Wave instructor and presents at various trading seminars and tutorials around the world. Continue reading "Adam Hewison interviews Jim Martens, Senior Currency Strategist for Elliott Wave International"
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