Tag: fibonacci resistance

OMG the Fiscal Cliff is coming!

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 9th of November.
Suprise, suprise the "Fiscal Cliff" is almost upon us. Is it just me or is the world just bouncing from one crisis to another crisis where nothing gets done?

We have been discussing the "Fiscal Cliff" for well over a year that I can recall, and nothing has been accomplished. Over the pond in Europe, Greece, Spain, Italy and France all have major problems yet not one of these countries has addressed their problems. Politicians first and foremost want to keep their own jobs and are loath to make hard decisions.

I am not sure if the art of kicking the can down the road was perfected here in the US or in Europe, but we certainly now have a bunch of global politicians who are very adept at kicking the can down the road. Continue reading "OMG the Fiscal Cliff is coming!" →

The next big thing, drumroll please … Obama Insurance

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 8th of November.

The market voted yesterday on the election results with the biggest one day drop for the year. Did yesterday's market action indicate a major change in direction or was it just a blip in a longer term bull market?

Regardless of the eventual outcome for the major markets, every investor needs some "Obama Insurance". Here is how "Obama Insurance" works:

Let's begin by looking at where we closed last Friday in the major markets and where we are trading now. Bear in mind these markets can change direction pretty quickly and we will really want to watch where we close this Friday (11/9). Continue reading "The next big thing, drumroll please … Obama Insurance" →

Say Goodbye to the Election and Hello to Inflation

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednessday, the 7th of November.

The election is over and one half the country is happy and the other half of the country is unhappy. It's time to move on and focus on the markets and what we do best here at MarketClub, catching the big moves in stocks, futures, Forex and the futures markets.

If we continue down the same economic path of the last four years, stimulus after stimulus, inflation is going to come roaring back in a vengeful way. That is going to be a positive for gold and other raw commodities and real estate.

In regards to all the markets, we are going to rely on our winning Trade Triangles as they will show us the path to profits.

Now, let's go to the markets and see what our Trade Triangles are indicating.

Have a great trading day,
Adam Hewison
Founder & President INO.com and co-founder of MarketClub.com.

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Left or right it all comes down to today - Election day in America

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 6th of November.

Yesterday, we invited users to vote on our own poll on who is going to win the 2012 presidential election. The poll  is presently indicating 54% for Romney and 46% Obama, a Romney win.

The poll on our MarketClub.com website currently shows Governor Romney with 50% and President Obama with 50%, a dead heat.

What do you think?

The markets are not indicating one way or another who is going to win the election. The equity markets are trading higher for the week, as is crude oil, gold, and silver, while the dollar remains on the defensive. Continue reading "Left or right it all comes down to today - Election day in America" →

Are the markets predicting an Obama win or a Romney win?

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 5th of November.

Make no mistake about it, the markets will likely be quiet for today and tomorrow. When the eventual President is announced, perhaps on Wednesday or Thursday, the markets will decide which way they want to move.

Here's what the markets are telling us right now:

Equities: Mixed picture
Metals: Mixed picture
Dollar: Mixed picture
Crude Oil: Negative trend Continue reading "Are the markets predicting an Obama win or a Romney win?" →