Tag: SPDR Gold Shares (PACF:GLD)

Is This ETF Signaling Trouble Ahead?

Posted on by The INO.com Team

Hello MarketClub members everywhere, today I'm going to be looking at SPDR Gold Shares (PACF:GLD) and showing you why it could be signaling trouble ahead for stocks, the economy and a whole host of other challenges.

GLD did something that was unusual recently by breaking over a three-year trendline. As you approach and trade the market in a technical manner, this is a significant event that should not be overlooked.

Another interesting aspect to GLD is that it just completed a 61.8% Fibonacci retracement from its all-time high. I'm going to be looking at GLD in detail today and I will give you my precise analysis of this market and the reason why I think it can go significantly higher in the next 3 to 6 months.

I will also be analyzing the major indices and why they have been so choppy recently along with crude oil, the dollar and gold.

I highly recommend that you take a few minutes out of your day and watch the video!

Stay strong and disciplined.

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

Last Week's Volatility Could Be A Harbinger Of Things To Come

Posted on by The INO.com Team

There's a war going on right now and I don't mean overseas, I mean right here in the markets. Last week was a perfect example as the intraday swings of the S&P500 clocked in at a staggering 6.5%. Market volatility often is a precursor of things to come, and the irony of all this action was that the market closed with a loss of -0.65% for the week.

The net weekly change for the DOW was -0.53% and there was an even smaller loss of -0.42% for the NASDAQ. All three indices formed an important Japanese candlestick pattern, a weekly doji candle. Why is this important? A doji candlestick often signals indecision in the market. When the doji forms in an uptrend or downtrend, this is normally seen as significant, as it is a signal that the buyers are losing conviction when formed in an uptrend and a signal that sellers are losing conviction if seen in a downtrend.

What To Watch For This Week

A lower weekly close would indicate to me that the buyers are beginning lose control of this aging bull market. Here is the "line in the sand" for each of the indices that I am watching. Once below this line, watch for heavy liquidation to come in across the board.

DOW: 17.262
S&P500: 1,992
NASDAQ: 4.090

Gold Is Now Officially On The Move

You might remember on January 7th, I wrote a post on gold (FOREX:XAUUSDO) and the key neckline level. The key neckline in gold was broken to the upside last Friday when gold closed out the week with a very positive 2.9% gain. I now have a confirmed upside target zone of $1,340, which equates to about $132-$134 on the ETF, GLD. To follow all of the entry and exit points for gold, check in daily with the World Cup Portfolio. Continue reading "Last Week's Volatility Could Be A Harbinger Of Things To Come" →

The Perfect ETF Portfolio

Posted on by The INO.com Team

Hello traders and MarketClub members everywhere! Today, I'm going to be looking at the Perfect ETF Portfolio. This is a very simple portfolio to follow and track and we provide you with all the signals and turning points before they occur.

The Perfect ETF Portfolio was designed to track and take advantage of the major financial markets we have identified as being important in the long run, stocks, gold, the Dollar and crude oil. These four ETF instruments were chosen to give your 401(k) program or retirement program the broadest possible protection, no matter what happens in the world. After all, it is your retirement money and your nest egg, so this is not money you should be gambling with. Continue reading "The Perfect ETF Portfolio" →