Tag: copper

Will December bring a Santa Rally or a Fiscal Fall?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 3rd 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: Higher for the week.
CLOSED LAST FRIDAY AT $1,416.18
SILVER (Spot): Higher for the week.
CLOSED LAST FRIDAY AT $33.36		 CRUDE OIL (Jan): Higher for the week.
CLOSED LAST FRIDAY AT $88.94
EURO (Spot): Higher for the week.
CLOSED LAST FRIDAY AT 1.2985		 GOLD (Spot): Higher for the week.
CLOSED LAST FRIDAY AT $1,714.19


CRUDE OIL PUSHES TO ITS BEST LEVELS IN 5 WEEKS

Continued hedge fund buying over the last two weeks pushed crude oil to its best levels in over five weeks before profit taking kicked in. Crude oil appears to be making a strong base capable of carrying today's black gold up to the $93.00 to $94.00 level. A solid close over the $90 a barrel level, basis the January contract, should be viewed as very positive for this market. Continue reading "Will December bring a Santa Rally or a Fiscal Fall?" →

3 ETFs that are in strong upward trends

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 30th of November.

THREE COUNTRY ETFs THAT ROCK!

I thought it was interesting to look at some country ETFs today and see what our Trade Triangle technology has to say about them.

The first country ETF that stands out and surprised us was the ETF for Mexico (symbol EWW). This ETF has been doing very well lately, and with a Chart Analysis Score of +100 this market is likely to continue higher.

Next is Spain, can you believe that? With all of the talk of problems in Europe, this ETF for Spain (symbol EWP) is doing very well with a +100 Score.

The ETF for Taiwan is also on our list (symbol EWT) and has also been trending well with a +100 Score. Continue reading "3 ETFs that are in strong upward trends" →

How to win the Lottery everyday …

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 29th of November.

POWERBALL WINNERS NEED NOT APPLY!

I consider myself very lucky that I did not win the lottery last night. First off, I didn't even buy a ticket. Secondly, the odds are astronomically against any one person winning. If you are like me, you like to have the odds on your side. That's why I like Trade Triangle technology. If you want to see some great returns, look no further than MarketClub's World Cup Portfolio. Five years of solid double and triple digit returns* in a simple portfolio that anyone can manage. The signals are available the night before for all MarketClub members.

You only have to look at the recent moves in the markets to see that MarketClub's Trade Triangle technology works. Continue reading "How to win the Lottery everyday …" →

Consumer confidence jumps to best levels in 54 months … and why nobody wants to take a haircut

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 27th of November.

HOORAY FOR CONSUMER CONFIDENCE, BUT IS IT ENOUGH?

Consumer confidence jumped to its best levels in four and a half years. Is that going to be enough to save the economy? We still believe the stock market is in a negative mode, and it is certainly reflecting that today. The big dilemma in our minds is the "Fiscal Cliff". Is anyone, Republican and Democrat alike, willing to take haircut on their special exemptions? Fiscal matters like the proverbial "Fiscal Cliff" tend to get booted down the road. Just look at what's going on in Europe, they are the example we are unfortunately following.

MIXED PICTURE IN THE EQUITIES MARKETS

After last Friday's big jump in the equity markets, we are seeing a somewhat mixed picture for the last two days. Based on our Trade Triangles, we think we will see this market trade sideways before taking another downturn. Everything is going to be predicated on the rise and fall in optimism concerning the "Fiscal Cliff" conundrum. Continue reading "Consumer confidence jumps to best levels in 54 months … and why nobody wants to take a haircut" →

What's really going on in the markets?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 26th of November.

EQUITIES EXPLODE TO THE UPSIDE, BUT IS THE MOVE FOR REAL?
Last Friday the equity markets jumped dramatically to the upside. Is this a turnaround reversal, or is just a dead cat bounce in a longer-term bear market? At the present time our Trade Triangles are in a negative mode indicating that it was a short covering rally in a bear market.

YES! GOLD EXPLODES TO THE UPSIDE
The Wednesday before Thanksgiving we said to watch gold, as a move over the $1,738 level basis spot gold would indicate that all is not well fiscally in the world. This level was breached last Friday in a shortened trading week. With all of our Trade Triangles in a positive mode, you should now be fully long gold to protect your purchasing power. Continue reading "What's really going on in the markets?" →