Tag: euro

Daily Update: FED showdown at 2:15 today and it looks like Knight Capital pushed the wrong button!

Posted on by The INO.com Team

Tune in tonight for the video presentation on MarketClub TV.

Hello MarketClub members everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 1st of August.

Happy first of August. We start off the new month with a potential game changer and a potential bang from the Fed today at 2:15. By the time you're reading this report, news will probably be out. I am not sure much is going to happen as the markets are fairly high considering what's going on in the rest of the world.

Pandemonium hit the floor the New York Stock Exchange first thing this morning as it would appear as though volume just jumped off the charts. For example, Molycorp was shown trading more than 5.7 million shares in the first 45 minutes of trading. That stock usually averages about 2.6 million shares daily. Did someone press the wrong button at Knight Capital? Continue reading "Daily Update: FED showdown at 2:15 today and it looks like Knight Capital pushed the wrong button!" →

Poll: Is the ECB going to deliver and save the Euro?

Posted on by The INO.com Team

Based on the way the market is closing today, I would say that you're not going to see QE3 or any major announcements coming from Europe tomorrow. Just my take.

What do you think?

Is the ECB going to deliver and save the Euro?

View Results

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Every Success,

Adam

Daily Video Update: ECB, the FED, and the Fiscal Cliff OMG

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 31st of July.

Will they or won't they? That is the question on every trader's mind these days. Will the ECB ride in and save the Euro? Will Ben Bernanke and the FED come in with another round of quantitative easing? We are not sure, and we don't think anyone on this side of the pond or in Europe, is sure either.

Will ECB Chairman Mario Draghi really follow through and enact concrete measures to avert the European crisis? Regardless of any actions the ECB takes, Italy, Greece, and Spain all owe a boat load of money. How are they ever going to pay it back?

While these uncertain times are full of questions, one thing is for sure, the markets will eventually tell us which way the decision is going. Continue reading "Daily Video Update: ECB, the FED, and the Fiscal Cliff OMG" →

Daily Video Update: Is Monday going to be 9 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 30th of July.

For the past 8 Mondays, the market has closed lower for the day. Is this Monday going to make it 9 in a row? If it is, the market will break a record that has stood since 1973.

Last Friday we posted on the Members Blog a chart of the Euro saying that we think that it has topped out. Today's market action sort of confirms that, and we would not be surprised to see this market on the defensive for the balance of the week. Of course we have some big reports coming out this week, but as always we will rely on our Trade Triangle technology to keep us on the right side of the markets. Continue reading "Daily Video Update: Is Monday going to be 9 in a row?" →