What's really going on in the markets?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 26th of November.

EQUITIES EXPLODE TO THE UPSIDE, BUT IS THE MOVE FOR REAL?
Last Friday the equity markets jumped dramatically to the upside. Is this a turnaround reversal, or is just a dead cat bounce in a longer-term bear market? At the present time our Trade Triangles are in a negative mode indicating that it was a short covering rally in a bear market.

YES! GOLD EXPLODES TO THE UPSIDE
The Wednesday before Thanksgiving we said to watch gold, as a move over the $1,738 level basis spot gold would indicate that all is not well fiscally in the world. This level was breached last Friday in a shortened trading week. With all of our Trade Triangles in a positive mode, you should now be fully long gold to protect your purchasing power. Continue reading "What's really going on in the markets?"

Slow trading before Thanksgiving, unless ...

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 21st of November.

SLOW TRADING, UNLESS ...

It is going to be slow trading today as many traders and investors have taken off for the Thanksgiving holiday. The only fly in the ointment that would spark a major move would be an escalation of conflict in the middle east.

We do however, expect the markets to remain on the quiet side for the balance of the day. With volume down for all asset classes for the year, we see little reason for anyone to jump into the market today and begin trading.

We will not have a broadcast on Friday the 23rd. Our next broadcast will be on Monday the 26th. To all of our American members and friends, we wish you a happy Thanksgiving!

FOR THOSE OF YOU WHO WILL BE CHECKING PRICES ON THE 22nd Continue reading "Slow trading before Thanksgiving, unless ..."

Can a 12-year bull market continue in 2013?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 20th of November.

12 YEAR TREND

For the past 12 years, gold has been in an uptrend by closing higher every year. We have had pullbacks, but for the most part, if you had bought gold at the beginning of the year and held it to December 31st, you would have made money. The question is, can this powerful trend continue through to 2013? Predicting one year into the future is a tricky business for anyone and it is one that we do not engage in here at MarketClub. We prefer to rely on our tried, trusted, and market proven Trade Triangle Technology that has produced consistent results for the gold market over the years.

A move over the $1,738 level, basis spot gold, will indicate that all is not well fiscally in the world. Should this level be breached during this shortened trading week, you should buy gold to protect your purchasing power. This could be in the form of a futures contract, an ETF (GLD or IAU), or physical gold.

OIL FLASHES A BUY TRADE TRIANGLE Continue reading "Can a 12-year bull market continue in 2013?"

In a complicated crazy world, we say keep it simple

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 19th of November.

KEEP IT SIMPLE

There is no doubt about it, events in the world are as crazy and complicated as ever as we head into the Thanksgiving holiday.

Just look at the multitude of challenges investors are facing at this very moment:

* MIDDLE EAST: A potential explosive situation developing between Israel and Gaza.

* UNITED STATES: The fiscal cliff, as it gets closer everyday.

* EUROPE: How can we overlook the long playing Greek and European disaster that is slowly unfolding and exposing the free world to even greater risk? Continue reading "In a complicated crazy world, we say keep it simple"

No more Twinkies and why Apple is the perfect example of …

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 16th of November.

NO MORE TWINKIES!

Today we lost a little bit of American history.

Hostess Brands, Inc., founded as Interstate Bakeries Corporation (IBC) in 1930, was the largest wholesale baker and distributor of bakery products in the United States and is the owner of Twinkies and a host of other well known American brands.

After threatening on November 14th to liquidate unless bakers striking in protest against a new contract imposed in bankruptcy court returned to work, management announced today they have ceased operations at all plants. All 18,500 employees are being laid off … so long Twinkies.

APPLE IS THE PERFECT EXAMPLE OF … Continue reading "No more Twinkies and why Apple is the perfect example of …"