Tag: dow

Daily Video Update: The Dow falls to a three week low, while soybeans move to record highs!

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 30th of August.

The DOW moved to its lowest level in three weeks, creating a new red weekly Trade Triangle. MarketClub members have not been positive on this particular index, as our monthly Trade Triangle has remained staunchly in the red. Could this index be indicating something is amiss in the markets? The same time the DOW fell to a three week low, the S&P 500 moved below the psychological $1,400 support level.

Over in the commodity markets, soybeans jumped to all time highs and look to go even higher. All of this is contributing to higher costs and inflation pressures in the future. Gold continues to consolidate as we expected, but this is a market you want to be psychologically prepared to buy on any further weakness.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
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Daily Video Update: Draghi drops out of JH, volume dries to a trickle, while traders savor the last days of summer

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 28th of August.

It is official, European Central Bank head Mario Draghi has called off his trip to the annual Jackson Hole conference of central bankers. What that means is anyone's guess, his official reason was "because of the heavy workload foreseen in the next few days." Got it!

Just a reminder we have very thin trading conditions at the moment on the big board. Many traders are still on vacation, we have a convention, a hurricane, Jackson Hole and all kinds of other distractions this week. In a nutshell the markets are moving on very thin volume which can sometimes cause distortions in market activity and price action.

The key word this week is : CAUTION

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
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Daily Video Update: OMG - It's the Godfather movie all over again, as Europe makes nice with Greece

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 24th of August.

Earlier today, German Chancellor Merkel along with French Prime Minister Hollande made another "warm and fuzzy" statement directed towards Greece. They both agreed that they want Greece to stay in the Eurozone. What it possibly implied was, "we are nice guys, so don't blame us when we kill you". It was a classic political touch.

It reminded me of a scene from the Godfather movie... first you sit down with someone who thinks you are their friend, have an enjoyable glass of wine and tell them what they want to hear, and then you kill them!

In this case Merkel and Hollande are not killing a person, but rather an entire country. Sooner or later, Greece is going to leave or get kicked out of the Eurozone. It is just a question of when it is going to happen.

P.S. Anybody want to buy the Greek island?

Most markets are lower for the week, with the exception of the metals, energy, and the CRB commodity Index. The commodity markets are all indicating that inflationary pressure is headed our way. So stay sharp, and protect yourself with our Trade Triangle technology.

Next week marks the last trading week of August and also the beginning of the Republican convention in Tampa. All eyes will be on Tampa, the hurricane, and the Republican convention. Look for these events to overshadow the markets.

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
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MarketClub TV for 8/22/12: Just how unsocial is social media?

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 22nd of August.

A number of years ago, there was a market guru named Joseph Granville who came up with the phrase "bag holder". I've always loved the term because it really describes exactly what's happened to a lot of investors in social media these days. Yes, they've been left holding the bag and the bag has little or nothing in it!

Social media has been decidedly unsocial to investors. So what's the ahead for the likes of Facebook, Zynga, Groupon and other public social media companies?

Let's take a look at Groupon first. I think that merchants really don't want to discount to such a degree that they lose money on promoting their businesses. The people who use Groupon don't come back. So the basic business model has a fundamental flaw as it is being repudiated by the very companies it was supposed to help. Continue reading "MarketClub TV for 8/22/12: Just how unsocial is social media?" →

Daily Video Update : Is a market correction ahead or is this market going to make it seven weeks in a row?

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 20th of August.

The US equity markets have closed higher six weeks in a row. While this is not an impossible feat, it is rather unusual to see a market move higher six weeks in a row without seeing some sort of correction. We think one of the reasons the markets have moved higher is very light volume.

We still have all the problems we had before, Europe, the elections coming up in November, China slowing down, and none of this is going away anytime soon. So is this week going to end up higher, or are we going to close lower for the week? We are skeptical the market can stitch together seven weeks of higher closing in a row given the proximity of major resistance at the April highs.

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