Tag: DX

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: Hurricanes, iLawsuits, Conventions and Jackson Hole... it's going to be quite a week

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 27th of August.

There's so much going on this week that I expect the sum of the markets will be overshadowed by the news. We have a hurricane heading towards the US, and a Republican convention in Tampa and Jackson Hole on Friday. Apple's iLawsuit win over Samsung gave Apple a 1 billion dollar judgement and made quite a splash on the smart phone market, with Samsung losing over 12 billion dollars when its stock opened in Asia on Monday morning. If all that was not enough, we still have to deal with Europe and the last trading week in August!

We will rely on pure market action and our Trade Triangle technology to point the way to profits. With many commodity markets in bull trends, there are going to be many trading opportunities.

GOLD now looks very interesting and we would pay close attention to this market. The REUTERS/JEFFERIES CRB COMMODITY INDEX is also in a bull trend and will be a strong indicator for signs that inflation is picking up and accelerating in the US.

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: Is the stealth rally over in stocks and has the bull market in gold just begun?

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 23rd of August.

The question on everyone's thoughts and minds has to be, is the stealth rally over in stocks and has the bull market in gold just begun?

Back on Tuesday, we warned that Tuesdays tend to be reversals days. We also did a recent poll asking if you thought the market was going to close lower or higher for the week. Results were remarkably close, almost a 50-50 split, so there's an equal number of people who are bullish and others who are still bearish on this market.

Overall the equity markets are lower for the week. Should we close at current levels or lower on Friday, it will mark the first time in six weeks that we've seen profit-taking coming into the market on a little more volume. Volume for the most part in this stealth rally has been low, very low, which is sometimes a clue that stocks are moving higher on little to no fresh buying.

We expect the S&P 500 to move back to the midpoint of its Donchian Trading Channel. That would bring the market down to the $1,390 to $1,380 level. Let's see how the markets close out the week tomorrow.

It is official, all of our Trade Triangles are positive on Gold today. 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: China buys US corn … is there enough to go around?

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 21st of August.

The MarketClub Trade Triangles have been scoring some big gains in the grain markets this year. In fact, the grain markets we track in our World Cup Portfolio have been knocking it out of the park with positive double-digit returns.

Is now a good time to get into the grain markets? Well, it's never too late, but you must have a game plan and that's where the World Cup Portfolio comes in. As a member MarketClub you have complete access to this portfolio every single day.

Today's tip: Get ready for inflation!

One thing to remember about Tuesday is it can often signal a reversal in the markets, especially after a run up in prices.

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