New Video: Never Again In Our Lifetime, 12/12/12

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 12th of December.

12x12 = 144, A FIBONACCI NUMBER?
Never again in a lifetime are we going to see 12/12/12. Is 12/12/12 an omen for something greater to come or perhaps some pending disaster (Fiscal Cliff)? That remains to be seen, but for now let's just marvel at the fact that we are living through history, with a once in a lifetime date of 12/12/12.

TO BE OR NOT TO BE? THAT IS THE QUESTION ON THE "FISCAL CLIFF"
I would very much doubt that we are going to see the "Fiscal Cliff" resolved in 2012. I would probably be happy if the politicians could come to an agreement any time in the first quarter of 2013. As you know, perhaps better than myself, politicians being politicians are likely to kick the can down the road again in December.

TIME TO LOOK AT APPLE?
There's no doubt about it, Apple's perilous fall from grace shook many money managers in Q4. And it's doubtful that we will see Apple regain its former star stature any time soon. We believe that this stock is best looked at in the first quarter of 2013. Continue reading "New Video: Never Again In Our Lifetime, 12/12/12"

An Interview With Brian Booth of longleaftrading.com

I recently interviewed Brian Booth from longleaftrading.com. Many of you will remember the name as he writes our Gold Chart of the Week article each Monday right here on the Trader's Blog.

Before getting involved in the financial markets Brian was involved in the life insurance business. This lead to an interest in the stock market and long-term financial planning.

I think you'll find Brian's approach very refreshing when you watch this Skype interview. In the interview, I was able to ask Brain some very pointed questions such as, "what is the worst trade you ever made?" I think you'll be surprised at how Brian feels about that trade today.

I hope you enjoy this interview with one of the most interesting market minds I have run across in recent times.

Adam Hewison
Co-Founder of MarketClub.com

New Video: Game Over For Apple?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 6th of December.

GAME OVER FOR APPLE?
Yesterday, a 6% drop in Apple came as a surprise to many traders and market analysts, but not to our Trade Triangle technology. In today's video, we examine Apple in detail and show you step-by-step every move you would've made using MarketClub's Trade Triangle approach.

IS GOLD A BUY RIGHT NOW?
There are two ways to look at the gold market right now:

(1) If you are a long-term investor, the major trend for gold continues to be positive as it has been for the past 12 years. This is confirmed with our monthly Trade Triangle, which remains in a positive mode, despite the recent sell-off. Continue reading "New Video: Game Over For Apple?"

New MarketClub TV: Who's on first?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 5th of December.
IN THIS EDITION OF MARKETCLUB TV:
We will show you exactly how to use MarketClub's Trade Triangle technology to give you your best money-making advantage. We will be covering stocks, futures, precious metals and foreign-exchange. Don't miss this video.

WHO'S ON FIRST?
"Who's on First?" is a comedy routine made most famous by Abbott and Costello in the 30's. Here we are some 80 years later and the politics of the day are similar to the comedy routine of Abbott and Costello. There doesn't appear to be anyone in charge and it doesn't appear to this observer that any deal is close and in the making.

But wait, there's more trouble down the road ... Continue reading "New MarketClub TV: Who's on first?"

MarketClub's Trade Triangles nailed this market when almost every hedge fund got it wrong

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 4th of December.

MARKETS WITH STRONG TRENDS: MARKETS WITH MIXED TRENDS:
COPPER (Dec): Higher for the week.
CLOSED LAST FRIDAY AT $3.6230
S&P 500: Lower for the week.
CLOSED LAST FRIDAY AT $1,416.18
EURO (Spot): Higher for the week.
CLOSED LAST FRIDAY AT 1.2985
CRUDE OIL (Jan): Lower for the week.
CLOSED LAST FRIDAY AT $88.94
GOLD (Spot): Lower for the week.
CLOSED LAST FRIDAY AT $1,714.19
SILVER (Spot): Lower for the week.
CLOSED LAST FRIDAY AT $33.36


SCORE ONE FOR THE TRADE TRIANGLES

The Euro against the Dollar is one market which has been moving steadily higher. This upward trend has been to the chagrin of many hedge funds who have been forced to cover their short Euro positions. The thinking among many hedge funds was with all the problems in Europe, the Euro was going to drop much lower against the Dollar. The reality of the market place had a very different idea as the Euro has moved to its best levels since the middle of October.

That is the principal danger of listening and relying on the fundamentals to justify your position. When you listen to the market with the help of our Trade Triangle technology, you get a very different story for the Euro/Dollar relationship. The Trade Triangles rely on market action, which in the case of this cross-rate, the trend was clearly in favor of the Euro. The bottom line and the lesson to learn here is that the market is the ultimate arbitrator of its own trends. It is of our opinion that it is best to trade with market action and leave the fundamentals to others. Continue reading "MarketClub's Trade Triangles nailed this market when almost every hedge fund got it wrong"