Tag: Gold (FOREX:XAUUSDO)

Everything Changes In 15 Trading Days

Posted on by The INO.com Team

Hello MarketClub members everywhere. As we plod through the dog days of summer and the oppressive heat that we have been experiencing along the Atlantic seaboard, we have to remember that there's an end in sight. What I mean by that is Labor Day is rapidly approaching and it signals to all the traders out there that summer is over and it's time to get back to work and making money in the marketplace.

MarketClub's Mid-day Market Report

It is amazing how attitudes change or become reinforced after Labor Day.

In addition to Labor Day, this is the final week of the Olympic distraction, if that was not enough we will also soon be getting bombarded by political messages for the general election on November 8th.

So what's a trader to do? Here are 5 suggestions to keep you on the right track in 2016. Continue reading "Everything Changes In 15 Trading Days" →

What A Week: Gold, Oil and Stocks All Higher

Posted on by The INO.com Team

Hello MarketClub members everywhere. It has been quite a week with gold, stocks and oil all moving in the same direction and that is higher. I have said this before; it is sometimes best to just to go with the flow and not try to overthink or inject what you may feel fundamentally about the market.

MarketClub's Mid-day Market Report

I thought I would do something a little different this week by including some questions from the MarketClub members blog. Continue reading "What A Week: Gold, Oil and Stocks All Higher" →

The DOW Heads For 20,000

Posted on by The INO.com Team

Hello MarketClub members, well here we are at the beginning of a new trading week with lots going on. Somehow I don’t think we are going to be seeing the dog days of summer in 2016. Last Friday the major indices resumed their upward journey and the continuation pattern I discussed in my previous video. I continue to think that the equity markets can go higher, a lot higher based on the Trade Triangles and the technical formation on the charts.

MarketClub's Mid-day Market Report

I can see the DOW (INDEX:DJI) moving over the 20,000 mark in the next several months. The markets could get another boost today as one of the presidential hopefuls is going to propose the biggest tax cuts we have ever seen in modern times. Continue reading "The DOW Heads For 20,000" →

The Best Is Yet To Come

Posted on by The INO.com Team

Hello MarketClub members everywhere. Looking at the markets, it seems to me that the best is yet to come. What I mean by that is I think that the equity markets can still go higher, a lot higher based on the Trade Triangles and the technical formations on the charts.

MarketClub's Mid-day Market Report

In today's video update I will be looking at all three major indices and sharing with you exactly how high I think one index is heading and one to avoid.

I will also be analyzing the gold (FOREX:XAUUSDO) market which closed out the week on a very positive note. This week could be a key week for gold and gold stocks in particular. I will give you my reasons why you should be paying close attention to gold right now.

Has crude oil (NYMEX:CL.U16.E) reached a crucial Fibonacci retracement level? What crude does at this stage is crucial to its future direction.

Stay focused and disciplined.

Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub

Dollar Falls As U.S. GDP Disappoints

Posted on by The INO.com Team

Hello MarketClub members everywhere. Once again the U.S. economy was sluggish in the spring, dashing expectations for a strong rebound after a tough winter. Stronger consumer spending was offset by weakness in housing construction and a big slowdown in the pace that businesses restocked store shelves.

MarketClub's Mid-day Market Report

The Commerce Department said Friday that the GDP grew at a 1.2% annual rate in the April-June quarter. That was far below the 2.6% GDP growth rate that economists had been forecasting.

The government also revised its estimate of first-quarter growth down to 0.8% from the previously reported 1.1%. That makes three straight quarters in which the economy has grown at a lackluster rate.

Key levels to watch next week: Continue reading "Dollar Falls As U.S. GDP Disappoints" →