Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 3rd of October.
All eyes will be on the presidential debate this evening at 9 PM, Eastern Time. We expect the markets will be little moved until after the first debate.
According to our poll yesterday, it would appear that Ben Bernanke has more power over the markets than both Pres. Obama and presidential challenger, Mitt Romney.
As an independently registered voter, I take my vote very seriously. I always do as much research as I can on both candidates. This video link on President Obama found its way into my mailbox. I found it very interesting and wanted to share it and I believe no matter what your political persuasion it is worth watching. If you have any interesting videos on Mitt Romney, feel free to share them with us.
Be sure to watch the debate tonight.
QUICK TAKE ON THE MARKETS:
EQUITIES: We are sticking to our Trade Triangle analysis and we have an upside target of $1,550 on the S&P 500 sometime next year.
CRUDE OIL: Mixed picture here, while the long-term trend remains positive for crude, the intermediate-term trend remains negative according to our Trade Triangle technology.
EURO: Our Trade Triangles are saying that we are in a bull market for the Euro.
GOLD: All Trade Triangles are green and are bullish on gold.
COPPER: All Trade Triangles are green and are bullish on copper.
SILVER: All Trade Triangles are green and are bullish on silver.
WILD CARDS: "The Fiscal Cliff", Europe, and the Middle East.
Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
IT APPEARS O'BAMA LOST SOME GROUND THIS EVENING. BEEN MY EXPERIENCE THAT MAYBE THE GREEN DOOR HAS BEEN OPENED LITTLE WIDER. NOW WE'LL SEE WHAT'S REALLY GOING ON. O'BAMA NEEDS TO BE MORE AGGRESSIVE. ROMNEY HAS RIGHT IDEA BUT WHERE'S HIS GAME PLAN? WE GOTTA HAVE FACTS NOT WORDS.
LET'S SEE WHAT HE HAS TO OFFER..
BIL
Jeremy
The video link on Obama was not there. Please e-mail to me. Thx
Recently the Russians were taken in by a piece from "The Onion," and now don't say you are spoofed by this! It's even more clever and funnier; what a laugh! But in all seriousness, it only takes a 101-level course in PPE (Politics, Philosophy, and Economics) to be able to see through this and critique each segment to expose it for what it is. So you can't be serious, surely? As propaganda a movie like this could be exploited by the right wing just for the under- or uneducated, and so I suppose potentially harmful in these times of national fear and hysteria, in a manner such as Hitler was able to do successfully prior to WWII.
A brief Web search turns up several pretty funny clips about Romney too, but they're much shorter clips.
I am a paid MarketClub subscriber and enjoy your finical insights; however, I believe that the MarketClub membership is interested in your finical analysis and not your political persuasion. I am sure that there are Democrats, Republicans and Independents who subscribe to your MarketClub. We all have one thing in common we appreciate your finical insights and analysis. So please do us a favor and don’t use your excellent services as a spring board for your political views, I am sick and tired of the racism and particular misleading information put out by the Talban-Republications. So do us Democrats, Republicans and Independents a favor and stick to your finical analysis. Thank you.
I really enjoy your service and free videos. I plan to become a paid member soon, when my studies settle down.
At the end of your video, you mentioned immigration. I'd be interested in learning how that process was for you compared to now. I'm a Canadian, married to an American for over 5 years, but he cannot sponsor me because we are of the same sex due to the so-called Defense of Marriage Act (DOMA). Romney and the GOP platform affirms the rights of states and the federal government not to recognize same-sex marriage and backs a constitutional amendment defining marriage as the union of one man and one woman. So, there is no option beyond Obama and the Democrats for my husband.
This is from the Huffington Post about the anti-Obama video you linked in your text:
"Variety called it a “cavalcade of conspiracy theories, psycho-politico conjectures and incendiary labeling” and the Los Angeles Times criticized it as “badly disguised and overly long attack ad.”
Last week, President Obama's 2012 campaign came out with its own review posted on BarackObama.com."
Regards,
Bruce
Excellent 2016 video - THANK YOU for posting this!! Of course I agree - D'Souza has done an excellent job in investigating this truth.