Tag: dow

Daily Video Update: The market remains subdued on upbeat news

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz with your mid-day market update for Friday, the 12th of October.

Stocks have moved mostly lower over today despite a higher open this morning. Selling pressure has remained subdued, however, contributing to choppy trading on Wall Street.

The major averages have climbed off their worst levels in recent trading but remain in the red. This downturn came despite the release of an upbeat report on U.S. consumer sentiment in the month of October.

Thomson Reuters and the University of Michigan said that the preliminary reading on their consumer sentiment index for October came in at 83.1 compared to the final September reading of 78.3.

With the significant monthly increase, the consumer sentiment index rose to its highest level since September of 2007.

If you haven't do so yet. Be sure to vote on our Poll about the V.P. Debates last night. We have quite a conversation going on.

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: Surprising jobless data propels the market

Posted on by The INO.com Team

Hello traders everywhere! Jeremy Lutz with your mid-day market update for Thursday, the 11th of October.

A surprisingly big drop in weekly jobless claims have helped to stop the sell off Thursday despite news of a downgrade of Spain's sovereign credit rating.

The Labor Department reported that claims last week fell by 30,000 to 339,000, the lowest level since February 2008. The figures were another indication that the world's largest economy is over its summer soft patch and may be gaining traction.

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: America doesn't run on gold, it runs on …

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 9th of October.

Have you ever try stuffing a gold bar in your fuel tank?

I am sure you haven't, and that is the point I want to make today. America runs on number two diesel fuel, not on gold bars. Without fuel, America's economy is dead in the water.

Every year the world needs more and more energy. China and India provide good examples as the working class are moving from bicycles to mopeds and in some cases, even cars. All this upward mobility takes energy, and the energy for now is petroleum based.

India and China have a combined population of 2.9 billion, representing 36% of the world's population. To put that in perspective, that is 9.2 times the size of the United States.

And here's the wild card, and it's a big one: "The Middle East". What is going to happen in the most unstable part of the world? Any major disruption in that area will cause oil prices to skyrocket. Continue reading "Daily Video Update: America doesn't run on gold, it runs on …" →

Daily Video Update: Debate shocker - It's what America is talking about today

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 4th of October.

I would be remiss if I didn't make a comment on last night's debate. If you didn't watch the debate, I think it's universally accepted that Governor Romney brought in his "A" game, while Pres. Obama did not seem up to the challenge.

I mention this only because we made a comment earlier in the week that "politics and markets make strange bedfellows". Based on what the world saw last night, the election just got tighter.

Today, we are seeing the markets vote on the debate and we are seeing a strong movement in equities and in precious metals. It is too early to say if this trend will continue for the rest of the day.

We'd like to hear your thoughts! Be sure to vote on the debate in today's poll. Continue reading "Daily Video Update: Debate shocker - It's what America is talking about today" →

MarketClub TV for 10/03/12: Zero hour, 9 PM ET

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 3rd of October.

All eyes will be on the presidential debate this evening at 9 PM, Eastern Time. We expect the markets will be little moved until after the first debate.

According to our poll yesterday, it would appear that Ben Bernanke has more power over the markets than both Pres. Obama and presidential challenger, Mitt Romney.

As an independently registered voter, I take my vote very seriously. I always do as much research as I can on both candidates. This video link on President Obama found its way into my mailbox. I found it very interesting and wanted to share it and I believe no matter what your political persuasion it is worth watching. If you have any interesting videos on Mitt Romney, feel free to share them with us.

Be sure to watch the debate tonight. Continue reading "MarketClub TV for 10/03/12: Zero hour, 9 PM ET" →