Tag: Default

The Battle Continues Between the Bulls and the Bears - Weekend Video Update

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 9/16/11.

The battle between the Bulls and Bears continues in the equity markets. This past week the Bulls won with a very positive 5.35% return.

Out of the 6 markets that we track, only two closed with a positive gain for the week and they were the S&P 500 index and crude oil. We consider both of these moves counter trend rallies.

Both the silver and gold markets lost ground last week, with silver closing down 1.89% and gold dropping 2.36%.

The Dollar Index saw some profit taking and closed down .85% for the week.

The Reuters/Jefferies CRB Commodity Index also came under pressure and closed down 1.38% in line with the general trend.

Let's go take a look at the markets and see how we can preserve and protect and grow your capital in 2011.

Continue reading "The Battle Continues Between the Bulls and the Bears - Weekend Video Update" →

Special Weekend Update: Greece is getting market down!!

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 9/09/2011.

What comes after Greece? The simple answer is disaster!

It seems inevitable that Greece is going to default, and who can blame them? The Germans don't want to put any more money into this disaster and now they are circling the wagons to protect their  own banks.

If the politicians knew anything about trading, they would have cut their losses on Greece a long time ago. We have ranted  about this dysfunctional country in the past. Greece cannot be considered in the same league, as powerhouse countries like Germany or France. Both those countries actually have economies that work for the most part. Greece on the other hand, is all about the Acropolis, ouzo and other Greek wonders from the past. There is nothing in the future for this country except to default and start all over again. Sooner or later the truth will come out, and the politicians will not be able to kick the can down the road any longer.

Let's go take a look at the markets and see how we can preserve and protect and grow your wealth in 2011. Continue reading "Special Weekend Update: Greece is getting market down!!" →