Tag: dow

Can a 12-year bull market continue in 2013?

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 20th of November.

12 YEAR TREND

For the past 12 years, gold has been in an uptrend by closing higher every year. We have had pullbacks, but for the most part, if you had bought gold at the beginning of the year and held it to December 31st, you would have made money. The question is, can this powerful trend continue through to 2013? Predicting one year into the future is a tricky business for anyone and it is one that we do not engage in here at MarketClub. We prefer to rely on our tried, trusted, and market proven Trade Triangle Technology that has produced consistent results for the gold market over the years.

A move over the $1,738 level, basis spot gold, will indicate that all is not well fiscally in the world. Should this level be breached during this shortened trading week, you should buy gold to protect your purchasing power. This could be in the form of a futures contract, an ETF (GLD or IAU), or physical gold.

OIL FLASHES A BUY TRADE TRIANGLE Continue reading "Can a 12-year bull market continue in 2013?" →

In a complicated crazy world, we say keep it simple

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 19th of November.

KEEP IT SIMPLE

There is no doubt about it, events in the world are as crazy and complicated as ever as we head into the Thanksgiving holiday.

Just look at the multitude of challenges investors are facing at this very moment:

* MIDDLE EAST: A potential explosive situation developing between Israel and Gaza.

* UNITED STATES: The fiscal cliff, as it gets closer everyday.

* EUROPE: How can we overlook the long playing Greek and European disaster that is slowly unfolding and exposing the free world to even greater risk? Continue reading "In a complicated crazy world, we say keep it simple" →

No more Twinkies and why Apple is the perfect example of …

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 16th of November.

NO MORE TWINKIES!

Today we lost a little bit of American history.

Hostess Brands, Inc., founded as Interstate Bakeries Corporation (IBC) in 1930, was the largest wholesale baker and distributor of bakery products in the United States and is the owner of Twinkies and a host of other well known American brands.

After threatening on November 14th to liquidate unless bakers striking in protest against a new contract imposed in bankruptcy court returned to work, management announced today they have ceased operations at all plants. All 18,500 employees are being laid off … so long Twinkies.

APPLE IS THE PERFECT EXAMPLE OF … Continue reading "No more Twinkies and why Apple is the perfect example of …" →

When you read about it, it's too late!!

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 15th of November.

It's too late!

All we have been hearing about lately is the infamous "Fiscal Cliff". The "Fiscal Cliff" has become an obsession with the financial press and you cannot turn on a financial cable news show or read news on the web without the "Fiscal Cliff" looming over us like a big storm cloud.

Here's a reality check: Long before you could read about the "Fiscal Cliff" problem, the markets were telling you in no uncertain terms that things were not rosy for the economy. We're not saying the markets knew that Gov. Romney was not going to get elected, that the "Fiscal Cliff" was about to hit us like a rogue asteroid, and that Europe was about to implode. The reason doesn't matter, the markets started heading south over a month ago! Continue reading "When you read about it, it's too late!!" →

MarketClub TV: My biggest concern, and it's a wild card, is …

Posted on by The INO.com Team

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

My biggest concern, and it's a wildcard, is the Middle East and not the fabled "Fiscal Cliff". Today we heard about an Israeli airstrike that killed a top Hamas commander. The Hamas military wing said that the assassination "opened gates to Hell". The rhetoric as always, was over-the-top, but it underscores just how volatile and fragile the whole Mid East region is. The markets immediately reacted with oil moving up almost a dollar and gold shooting up higher in a knee-jerk reaction. Continue reading "MarketClub TV: My biggest concern, and it's a wild card, is …" →