Waiting On The Fed, GDP Results And Apple Earnings

The markets will be watching the Fed closely, looking for the central bank's latest decision on interest rates (although no one expects a change), there's also new GDP estimates for the markets to chew on.

Meanwhile, there are corporate earnings to think over, with Apple headlining a week of major earnings announcements. And, the presidential candidates continue to battle for votes and delegates with 5 states up for grabs on Tuesday. With all of that mind, let's take a look at the markets.

MarketClub's Mid-day Market Report

Key levels to watch this week:
S&P 500 (CME:SP500): 2,033.80
Dow (INDEX:DJI): 17,484.23
NASDAQ (NASDAQ:COMP): 4,808.91
Gold (FOREX:XAUUSDO): 1,214.70
Crude Oil (NYMEX:CL.M16.E): 36.57

Every Success,
Jeremy Lutz
INO.com and MarketClub.com

3 Energy Stocks To Watch

Hello MarketClub members everywhere. Today I have three energy stocks to share with you. I'll be analyzing all three and giving you my potential targets for each one.

MarketClub's Mid-day Market Report

WPX Energy, Inc. (NYSE:WPX): All Trade Triangles are positive.

Daily Chart of WPX Energy, Inc. (NYSE:WPX)

Business Model: WPX Energy, Inc., an independent oil and natural gas exploration and production company, engages in the exploitation and development of unconventional properties in the United States. Its principal areas of operation include the Permian Basin in Texas and New Mexico, the Williston Basin in North Dakota, and the San Juan Basin in New Mexico and Colorado. As of December 31, 2014, the company had proved reserves of 583 million barrels of oil equivalent. WPX Energy, Inc. was incorporated in 2011 and is headquartered in Tulsa, Oklahoma. Continue reading "3 Energy Stocks To Watch"

Crude Oil Triggers A Sell Signal and Tesla Blows Away Skeptics

Hello MarketClub members everywhere!

Well, here we are, the 1st of April and I don't have an April fools joke to share with you. Q1 will go down in history as one of the best first quarters since the 1930s. So what propelled this market to push so much on the upside in Q1? To be honest with you I'm not sure; maybe it was the prospect of ongoing cheap money from the FED or something else. When you look at hedge fund managers and other professional traders, nobody was expecting such a strong quarter. Now that Q1 is in the record books it is time to start looking at what is ahead for this the stock market.

MarketClub's Mid-day Market Report

In today's video, I will be analyzing crude oil (NYMEX:CL.K16.E), which triggered a sell signal and Tesla Motors Inc. (NASDAQ:TSLA) which triggered a buy signal today. I will also be covering the usual suspects. Continue reading "Crude Oil Triggers A Sell Signal and Tesla Blows Away Skeptics"

Apple's Secret Weapon

Hello MarketClub members everywhere!

Once again Janet Yellen, the chairwoman of the Federal Reserve, gave the market yet another easy money "fix". Easy money is the drug of choice for this market and has been for the past six years. Can the insanity of printing more and more money keep going on and on, or will the market have to go into rehab and kick its easy money dependency? Only time will tell. Eventually someone, and that means all of us, will have to pay the piper.

MarketClub's Mid-day Market Report

As of today, many stocks, including the major indices, remain locked in broad trading ranges. This could all change as we come to the end the first quarter and move into April. Continue reading "Apple's Secret Weapon"

Once Again Terror Rocks The Markets

The terrorist attack this morning in Belgium once again brought home the fragility of the world we live in. This attack in Brussels, the capital of Belgium, is the headquarters of NATO and the symbolic heart of Europe. The attack on Brussels, in essence, is the equivalent of an attack on Washington D.C.

The reaction of the European markets today was surprisingly modest as the European indices lost only an average 0.50%.

In today’s video, I will be looking at how this vicious attack could impact the major indices, gold and crude oil here in the U.S. Continue reading "Once Again Terror Rocks The Markets"