Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 23rd of October.
It is as if the world just woke up from a fantasy dream and they are seeing the markets for the first time through reality glasses.
According to comments made this morning from the Head of the Bank of Israel, Stanley Fisher, the "world is close to recession". He just might be right.
You know what I am going to say next…
Using our Trade Triangle technology, not knowing what the head of the Bank of Israel was going to say this morning, you would have missed the current downdraft in the major markets today and yesterday. In fact, you would have been on the sidelines for the past two weeks! Taking a position on the sidelines, is a position in and of itself. With a sidelines position you are protecting your capital from uncertainty which is clearly the concern of many investors today. Continue reading "Daily Video Update: Earnings sink the markets and Spain gets downgraded AGAIN!"