New Video: After the bell Alcoa kicks of the earnings season

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 8th of January.

In today's video, we will analyze AlCOA (AA), who reports earnings after the bell today. There are a couple of technical features that are very interesting at the moment and that standout for this stock. Are market expectations on earnings already built into current prices? We will find out after the close, but in the meantime we will share with you exactly how we are positioned in ALCOA going into earnings season.

JUST REMEMBER …
"SILLY SEASON" is not officially over until next week. Look for the markets to continue to be a little crazy until then. Continue reading "New Video: After the bell Alcoa kicks of the earnings season"

New Video: Is Russia the New Face of Capitalism?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 7th of January.

Let me start by wishing everyone a happy and prosperous 2013! I hope you all enjoyed the break and were able to celebrate Christmas time and the start of the New Year with your families.

IS RUSSIA THE NEW FACE OF CAPITALISM?
Well, you may or may not have heard that Gerard Depardieu, the French movie actor, recently become a Russian citizen and now has a Russian passport. It was purely an economic decision in his case, because he didn't want to pay the 75% rate of tax imposed by François Hollande on millionaires. Taxes in Russia are 13%!

The country who has the lowest taxes usually does well, as 75% of nothing is after all nothing! Continue reading "New Video: Is Russia the New Face of Capitalism?"

New Video: Is the Cult of Apple Over?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 17th of December.

This will be my last broadcast for 2012, as I'm taking time off from trading during Silly Season. Jeremy Lutz, who you know from MarketClub TV, will be doing the updates until I return back to the markets in early January.

IS THE CULT OF APPLE OVER?

Apple just sold 2 million iPhone 5s in 3 days in China, yet its stock falls below $500 in pre-market trading. What is going on in the smart phone world?

This past weekend, my daughter and son-in-law came over for an early Christmas celebration. My son-in-law, who is a very smart guy and a computer engineer, showed me his new phone which to my surprise was not an iPhone5, but a Samsung Galaxy III. Much to my chagrin I picked it up and started playing with it and I have to admit some of technology, especially the Google voice technology, appeared superior to Siri, which is what Apple uses in its iPhone5 and IOS6 operating system. Continue reading "New Video: Is the Cult of Apple Over?"

New Video: What are you doing for "Silly Season"

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

WHAT ARE YOU DOING THE SILLY SEASON?
Well silly season officially starts tomorrow and goes through to the first week of January. This is when the markets become unpredictable and very thinly traded as most professional traders have left to go on vacation or to enjoy the season with their families. As for myself I'm off on a cruise over silly season and what I consider a well-deserved break from the markets. Every year it's good to have a solid break from the markets and come back refreshed.

What do you have planned for silly season? If you haven't voted already please vote on our poll. It's so was interesting to see what everyone is doing. As for the markets I expect them to get quieter and thinner until the second week in January when market action and volume begins to pick up. If you're following any one of our three portfolios you'll simply stick with the game plan as it has been proven time and time again that this strategy works.

VOTE IN OUR "SILLY SEASON" POLL HEREContinue reading "New Video: What are you doing for "Silly Season""

New Video: Don't you wish you had a printing press?

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

DON'T YOU WISH YOU HAD A PRINTING PRESS?

Once again Chairman Bernanke comes to the rescue by stating that he wants to keep interest rates low forever. Not a problem Ben, just keep printing money until it's worthless. As a private citizen of the U.S. you're not allowed to have a printing press to print money, there's a reason for that, it's against the law. It seems to me that Bernanke and the Fed are pretty much doing what they want, and who cares if the money just keeps going down and down and down. The government has been pushing the dollar lower for years. One major concern I have is that you cannot remain a superpower for long with a fiat currency.

Fiat money originated in 11th century China, and its use became widespread during the Yuan and Ming dynasties.The Nixon Shock of 1971 ended the direct convertibility of the United States dollar to gold. Since then all reserve currencies have been fiat currencies, including the U.S. dollar and the Euro.

Next challenge … Continue reading "New Video: Don't you wish you had a printing press?"