What A Week! Weekend Video Update

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 9/23/11.

What a week!

Depending on what side of the market you are on, it was either a terrible week or a fantastic week.

Fortunately, for MarketClub members they were on the right side of the market's, based on our Trade Triangle technology.

We have said this before, picking tops of bottoms is not where you make the money. You make your money catching the middle part of the big move.

Out of the 6 markets that we track, only one, the dollar index, closed with a positive gain for the week.

The metals market, melted with silver losing an astounding 23.52% and gold ending the week, down 8.57%.

The S&P 500 Index, which put in a positive week 2 weeks ago, gave back everything and then some with a loss of 6.54%.

Both crude oil, and the Reuters/Jefferies CRB Commodity Index, both tumbled producing losses of 8.33% and 8.41% for the week.

The only bright spot for the bulls was the US dollar index which closed up 2.29%.

It would appear that all the predictions for higher gold prices and lower dollars went out the window last week. It proves once again, that the market tells you what it wants to do. Our Trade Triangle technology, gave precise and very clear signals to MarketClub members on the direction of all the markets.

Let's go take a look at the markets and see how we can preserve and protect and grow your capital in 2011.

S&P500: Change for the week: - 6.54%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long SPY) (Short SH)
2 x Leveraged ETF's: (Long SSO)(Short SDS)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
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SILVER (SPOT): Change for the week: - 23.52%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long SLV) (Short the ETF SLV)
Leveraged ETF's: (Long AQG) (Short ZSL)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

GOLD (SPOT): Change for the week: - 8.57%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long GLD) (Short the ETF GLD)
Leveraged ETF's:(Long UGL) (Short GLL)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

CRUDE OIL (November): Change for the week: - 8.33%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long USO) (Short the ETF USO)
Leveraged ETF's: (Long UCO) (Short DTO)
Futures: Call your broker
Options: Call your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

$DOLLAR INDEX (SPOT): Change for the week: + 2.29%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long UUP) (Short UDN)
Non Available Leveraged ETF's: (Long -) (Short -)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

REUTER/JEFFRIES CRB COMMODITY INDEX (SPOT): Change for the week: - 8.41%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long CRBQ) (Short the ETF CRBQ)
Leveraged ETF's: (Long UCO) (Short CMD)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
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As always, we rely on our market proven Trade Triangle technology for catching the big moves.

MARKETCLUB ONE-ON-ONE PERSONAL COACHING

This weekend, I would like you to ask yourself this question, IS PERSONAL COACHING RIGHT FOR ME?

Give us a call at 877–219–1482 for a free consultation and find out if personal coaching is right for you.

This is  Adam Hewison for MarketClub, I'll see you Monday, have a great weekend.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

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11 thoughts on “What A Week! Weekend Video Update”

  1. Now, regarding those 900,000 put option contracts against the SPX.

    The sellers of those contracts would mostly be mutual funds with holdings indexed to the S&P 500 and the buyers mostly banks and hedge funds. A 100-point drop would result in a profit of probably 20-30 billion dollars for the latter if I read this situation correctly.

    Then add their puts against individual stocks and their profit could double or more.

  3. Hello Everyone:

    New to Maarket Club and have been listening to Adam's updates. I ejoy his updates and think is a very inofmred man. I understand the housing problem that we had put the U.S. in the economic problem that we are in today. And we continue to have problems with housing and the banks. But what I dont understand, where does Europe come in. Why are our financial problems from Europe. I hope I can get a simple explanation and I hope you understand my question.

    Thank You

  4. I have been more than 25 years in trading and one should expect a major destructive earthquake to come every one or two years.In such incidents the vast majority of traders are wiped out of their positions;many of them lose all their money due to high leverage;only fully covered accounts can stand against the meltdown of markets that go down by 20-30% or more as they can sleep on their positions until the products regains its value.Trading in full cash enjoy a small portion of potential profit,but it proved to be immune against sudden surprises.basically,many meltdowns of some products are man-made by market movers,intended to trigger stops of the majority of traders who own speculative high leverage accounts.

  7. Hi Adam,

    When you say Suggested Trading Instruments:

    Non Leveraged ETF’s: (Long GLD) (Short the ETF GLD)

    What do you mean by Long GLD in comparison to Short the ETF GLD? Is it similar to a straddle in options? Or, am I just misunderstanding what you are suggesting.

    Thanks,

    Beowulf

  9. Last weekend update , you said gold up or sideways....You continued saying that the beginning of the week.
    A day after the big drop , you let us know the sell signal on gold at 1762 $???
    Thanks a lot! A day after the fact , I can give you signals too.

    Or is it only for the paying costommers that you give timely buy and sells?

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