Tag: CRB

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

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 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" →

Daily Video Update: Politics and markets make strange bedfellows

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 2nd of October.

Not to get too political, but I believe the markets are going to be in a holding zone for the next day or two waiting for the first presidential debate between Pres. Obama and Mitt Romney, that takes place on Wednesday.

Here's a question for you... Who, in your opinion, is more important? Pres. Obama, Mitt Romney, or Ben Bernanke?

From the market's point of view, I would have to say that Ben Bernanke is more important than either President Obama or Mitt Romney. Bernanke and the Fed are committed to pouring more money into the equity markets with their "QE3-print-more-money-and-to-H#ll-with-the-future-plan". I guess they figure that we can find another solution to the problem later … YEAH RIGHT!!

Equities based on the FED are still in a bullish phase and we have an upside target of $1,550 on the S&P 500 some time next year.

Most traders have written off the Euro, but our Trade Triangles are saying that we are in a bull market, at least for the moment, and the dollar is the one with the bigger problems.

Inflation Watch: Pressure is building on the Reuters/Jeffries CRB Index. Inflation will be arriving in 2013.

Wild Card: Without a doubt, the wild card for everything is the Middle East. We see no positives on that front.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

Click Here to view today's video

Daily Video Update: Hello Q4, Hello gold, and goodbye Dollar

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 1st of October.

The first day of October started dramatically with the price of gold shooting to its best levels in almost a year. We consider this to be a real indicator of peoples' fears about what's going on both in Europe, and more importantly the United States. Technically we have been bullish on gold, based on our Trade Triangle technology and we are holding onto all our long positions. We believe that gold will surpass the $2,000 an ounce mark in the not-too-distant future.

We also want to pay close attention to the crude oil market, as we believe this market can put in a strong performance in Q4. Equities are still in a bullish phase and we are targeting the S&P 500 to move to $1,550 some time next year.

Don't rule out further strength in the Euro. No matter what the problems are in Europe, we may have bigger problems here in the US.

Inflation Watch: A move over $320 on the Reuters/Jeffries CRB Index will be a sure sign that inflation will be coming on strong in 2013.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

Click Here to view today's video

Daily Video Update: Is gold becoming the new Apple?

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 28th of September.

As we come to the end of the week, and more importantly, the end of the quarter we see gold closing near its highest levels ever on a quarterly basis. So it begs the question, is gold going to become the new Apple for investors?

We think so, and with all of our indicators positive on gold, we believe we will see this market continue its upward trend for the next several months. We would not be surprised to see gold break over the $2,000 level before the end of the year.

It looks like the S&P 500 index is going to have its best closing quarter in 19 months. We would not be surprised to see this market move up on the close, as it is the end of the quarter.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

Click Here to view today's video

Daily Video Update: Forget politics, forget the news, forget the election... just focus on what the market is doing

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 27th of September.

How can anybody make any sense of this market with all of the conflicting signals in Europe, the looming fiscal cliff, and the upcoming general election?

At MarketClub, we listen to the most important voice of all, the market itself. I'm sure someone has impressed upon you at some point to "be a good listener". It is amazing what you can learn when you just listen to what is being said.

Simplify your life, go with the flow. Go with what the markets are telling you. Right now, they are telling us they want to go higher.

At the moment, the major trend in the all of the US indices is on the upside, so that's the way we are going to be approaching the market until the market tells us that the trend has changed.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.

Click Here to view today's video