Daily Video Update: Friday the 13th and the price of "Whale Meat"

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 13th of July.

This morning before the bell, JP Morgan Chase announced their earnings for the second quarter and the size of the loss they took on a synthetic derivative (whale) trade made out of their London office. I guess the price of whale meat is about $5.8 billion. We may see more losses from that trade come out later, but for now they're admitting to a $5.8 billion loss. However, the market is acting in a positive manner to this earnings announcement and JP Morgan Chase is trending higher for the day and is now also higher for the week. The same cannot be said for the overall stock market, which is at this moment showing a net loss for the week.

TODAY'S MARKET MOVING SECTORS and STOCKS:
Percentage changes in stocks are relative to the S&P 500 Continue reading "Daily Video Update: Friday the 13th and the price of "Whale Meat""

Daily Video Update: Warren Buffet said that "Europe is beginning to slip pretty fast ... "

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 12th of July.

We are glad to see that Warren Buffet is in agreement with our Trade Triangle technology, which has being negative on Europe and the United States for sometime.

We were pretty sure that this week was going to be an important week for the markets, and it's turning out to be just such a week. Since tomorrow is Friday, we'll see how the markets behave as JP Morgan Chase drops a bomb on the markets reporting their earnings and derivatives loss.

TODAY'S MARKET MOVING SECTORS and STOCKS:
Percentage changes in stocks are relative to the S&P 500 Continue reading "Daily Video Update: Warren Buffet said that "Europe is beginning to slip pretty fast ... ""

Daily Video Update: This week could set the tone of the markets for the year!

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 10th of July.

Score one for Spain. However, this short-term Spanish victory did not get Spain or Europe off the hook by a long shot. There's still much to be done and somewhere along the line someone has to bite the bullet.

China also appears to be slowing down dramatically and that could further exacerbate the contagion effect, not just for China but the entire world economy. This week could mark the most important week for the stock market. We are not convinced that the German courts or the public will okay the current new bailout fund. Stay tuned, as it's going to get very interesting. Continue reading "Daily Video Update: This week could set the tone of the markets for the year!"

Microsoft Invests in Barnes & Nobles Digital Book Technology

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 30th of April.

3 Stocks on the move today:
BKS (Barnes & Noble), AMZN (Amazon.com), and KFT (Kraft Foods Inc).

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Microsoft Invests in Barnes & Nobles Digital Book Technology"

Amazon Surges

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 27th of April.

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3 Stocks on the move today:
AXP (American Express Co), AMZN (Amazon.com), and KFT (Kraft Foods Inc).

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Amazon Surges"