Hello traders and MarketClub members everywhere! There's no doubt about it, this bull market which began in Q1 of 2009 is getting a bit long in the tooth and may be setting itself up for a correction in 2015. If that's the case, we could see gold (FOREX:XAUUSDO) once again come into fashion as I believe it is building a base to do just that.
Sandy, a valued MarketClub member, asked me to start looking at some shorting opportunities in the stock market. Some of you may never have traded stocks from the short side before, but it can be likened to buying stocks, only in reverse.
It seems like now would be a good time to bring this up, particularly with my thoughts turning more and more to 2015. I'm going to be looking at several stocks that I believe will to continue to erode and offer trading opportunities on the short side of the market.
To do that I'm going to be using both the Trade Triangle and Smart Scan technology. I'm going to be doing this live, so I don't know exactly what stocks and trading opportunities I'll find.
Time permitting, I'll take a peek at gold (FOREX:XAUUSDO) and discuss what I believe is a base to move higher. I'll also look at crude oil (NYMEX:CL.F15.E) now that it has reached a major five year low.
Every success with MarketClub,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
