Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 5th of October.
Don't fight the FED, why? Because the deck is stacked against you and the FED holds all the cards.
Today we received a major reversal signal based on our Trade Triangle technology that I will share with you in today's video.
Did you vote in our poll on the debate? Continue reading "Daily Video Update: Don't fight the FED"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 4th of October.
I would be remiss if I didn't make a comment on last night's debate. If you didn't watch the debate, I think it's universally accepted that Governor Romney brought in his "A" game, while Pres. Obama did not seem up to the challenge.
I mention this only because we made a comment earlier in the week that "politics and markets make strange bedfellows". Based on what the world saw last night, the election just got tighter.
Today, we are seeing the markets vote on the debate and we are seeing a strong movement in equities and in precious metals. It is too early to say if this trend will continue for the rest of the day.
We'd like to hear your thoughts! Be sure to vote on the debate in today's poll. Continue reading "Daily Video Update: Debate shocker - It's what America is talking about today"
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Home movie watching has dramatically changed in recent years. With online streaming services such as Netflix, brick-and-mortar stores like Blockbuster have become practically obsolete. Continue reading "Will Changes to Redbox bring on a Coinstar stock revival?"
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 2nd of October.
Not to get too political, but I believe the markets are going to be in a holding zone for the next day or two waiting for the first presidential debate between Pres. Obama and Mitt Romney, that takes place on Wednesday.
Here's a question for you... Who, in your opinion, is more important? Pres. Obama, Mitt Romney, or Ben Bernanke?
From the market's point of view, I would have to say that Ben Bernanke is more important than either President Obama or Mitt Romney. Bernanke and the Fed are committed to pouring more money into the equity markets with their "QE3-print-more-money-and-to-H#ll-with-the-future-plan". I guess they figure that we can find another solution to the problem later … YEAH RIGHT!!
Equities based on the FED are still in a bullish phase and we have an upside target of $1,550 on the S&P 500 some time next year.
Most traders have written off the Euro, but our Trade Triangles are saying that we are in a bull market, at least for the moment, and the dollar is the one with the bigger problems.
Inflation Watch: Pressure is building on the Reuters/Jeffries CRB Index. Inflation will be arriving in 2013.
Wild Card: Without a doubt, the wild card for everything is the Middle East. We see no positives on that front.
Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 1st of October.
The first day of October started dramatically with the price of gold shooting to its best levels in almost a year. We consider this to be a real indicator of peoples' fears about what's going on both in Europe, and more importantly the United States. Technically we have been bullish on gold, based on our Trade Triangle technology and we are holding onto all our long positions. We believe that gold will surpass the $2,000 an ounce mark in the not-too-distant future.
We also want to pay close attention to the crude oil market, as we believe this market can put in a strong performance in Q4. Equities are still in a bullish phase and we are targeting the S&P 500 to move to $1,550 some time next year.
Don't rule out further strength in the Euro. No matter what the problems are in Europe, we may have bigger problems here in the US.
Inflation Watch: A move over $320 on the Reuters/Jeffries CRB Index will be a sure sign that inflation will be coming on strong in 2013.
Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
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