Are the markets predicting an Obama win or a Romney win?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 5th of November.

Make no mistake about it, the markets will likely be quiet for today and tomorrow. When the eventual President is announced, perhaps on Wednesday or Thursday, the markets will decide which way they want to move.

Here's what the markets are telling us right now:

Equities: Mixed picture
Metals: Mixed picture
Dollar: Mixed picture
Crude Oil: Negative trend Continue reading "Are the markets predicting an Obama win or a Romney win?"

Daily Video Update: "Rabbit, rabbit, rabbit."

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 1st of November.

"Rabbit, rabbit, rabbit" is a common British superstition which states that a person should say the words "rabbit, rabbit, rabbit" out loud upon waking on the first day of the month. According to legend and lore, this will ensure good luck for the duration of that month.

One trader I knew on the floor of the CME carried a rabbit's foot in his pocket everyday! He claimed it gave him good luck with his trading. Judging from his success, I would have to say it worked!!

So don't forget, on the first of December to say "rabbit, rabbit, rabbit" when you wake up. It can't hurt.

The stock markets are gradually getting back to normal and into the swing of things again. Certainly today's 1% rally in the major indices is a good indication that more and more traders are once again back at their desks and focusing on the markets. Continue reading "Daily Video Update: "Rabbit, rabbit, rabbit.""

Daily Update: Did Sandy create a plus or a minus for the U.S. Economy?

Due to technical issues associated with Hurricane Sandy we do not have a video today.

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 31st of October.

Well there is no question about it, the last few days have been devastating for millions of residents in the Northeast.

Sandy certainly lived up to her billing as the "Storm of the Century" as she left a path of epic destruction in the wake. Luckily our corporate headquarters, which are based in the mid-Atlantic region on the Chesapeake Bay, missed the wrath of this very serious storm. Continue reading "Daily Update: Did Sandy create a plus or a minus for the U.S. Economy?"

Daily Video Update: After the bell Amazon and Apple report earnings … Buy or Sell?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 25th of October.

After the closing bell tonight we have the number one tech company, Apple, reporting their earnings, as well as the number one online consumer company, Amazon, reporting their earnings.

Doubtless the earnings of these two giants will have an effect on tomorrow's market. In today's video we will be looking at both Apple and Amazon and share with you how we are positioned before the earnings are reported. I think you will find how we are positioned might be very contrary to popular opinion.

UNCERTAINTY PERSISTS Continue reading "Daily Video Update: After the bell Amazon and Apple report earnings … Buy or Sell?"

MarketClub TV for 10/24/12: October can be a tough month for stocks

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 24th of October.

For the first time in five months the market is lower for the month by almost 2%. October can be a very cruel month for stocks. Some of the biggest stock plunges in financial history have all occurred, coincidentally, in October.

THE BIG THREE PLUNGES

Oct. 29, 1929, the Dow plunged a substantial 12.8 percent. However, it didn’t stop there.

Oct. 19, 1987, the stock market lost $1 trillion in value in the next few weeks.

Oct. 2008, saw a start of a market melt down. The problems began months before, but October was the worst month. Continue reading "MarketClub TV for 10/24/12: October can be a tough month for stocks"