How come the fundamentals don't match the charts?

Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 3rd of April.

How come the fundamentals don't match the charts?
The stock market is a forward looking instrument. It forecasts how businesses are going to be months into the future. You only have to look back in the first quarter of 2009 to see how the fundamentals looked terrible, yet the charts pointed to better days ahead. What do you follow, the fundamentals or the charts, or both?

Ford sells a massive number of cars in Q1.
We show you where we think this stock is headed in today's video.

TODAY'S MARKET MOVING SECTORS:
CONSUMER GOODS:  +0.48%
SERVICES:  +0.46%
HEALTHCARE:  +0.79%
ENERGY:  +0.16%
TECHNOLOGY:  +0.11%
FINANCIAL:  -0.21%
INDUSTRIAL GOODS:  +0.04%
BASIC MATERIALS:  -0.15%
UTILITIES:  +0.27%

3 Stocks on the move today:
Tenet Healthcare Corp (THC), Constellation Brands (STZ), and EXPRESS SCRIPTS INC (ESRX).
Did MarketClub's Trade Triangle technology get it right on these three stocks?

Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
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S&P 500 INDEX
BIG PICTURE:  Strong Trend  +90
TRADE TRIANGLES: Monthly = Bullish | Weekly = Bullish | Daily = Bullish

We want to be very careful with this market, as it created a new high yesterday. The fact there was no follow-through today is very suspicious. The potential exists for creating a "Dark Cloud Cover" or even a "Negative Engulfing Line" today. The other concern we have is the bearish divergence on the Williams %R indicator. With a Score of +90, this market remains in a strong trend to the upside. Long-term and intermediate term traders should remain positive on this index. Longer-term we expect this market to move up to the $1,550 to $1,600 level by late May, early June based on our cyclic work. With all of our Trade Triangles green, we are in full bullish mode.
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See suggested S&P 500 trading instruments HERE.
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PERSONAL MARKETCLUB COACHING
Free consultation, Free call.
Give us a call at: 1-877-219-1482
International: 1-801-341-3981
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SILVER (SPOT)
BIG PICTURE:  Emerging Trend  +75
TRADE TRIANGLES: Monthly = Bullish | Weekly = Bearish | Daily = Bullish

Today's market action in the silver, after yesterday's strong action can only be viewed as positive in our opinion. With a Score of +75, the silver market is in an emerging trend to the upside. Our long-term monthly and short-term daily Trade Triangles remain positive on silver. Long term traders should be holding long positions in silver with appropriate money management stops.
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See suggested SILVER trading instruments HERE.
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GOLD (SPOT)
BIG PICTURE:  Trading Range  -65
TRADE TRIANGLES: Monthly = Bearish | Weekly = Bearish | Daily = Bullish

With a Score of -65, in the gold this market is in a broad trading range. However, we believe that this precious metal is beginning to base out. Look for resistance to come in at the $1,700 level. With two of our Trade Triangles negative, we expect this market to remain on the defensive. Long-term and intermediate-term traders should be in short positions in gold with appropriate money management.
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See suggested GOLD trading instruments HERE.
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COPPER (MAY 2012)
BIG PICTURE:  Strong Trend  +90
TRADE TRIANGLES: Monthly = Bullish | Weekly = Bullish | Daily = Bullish

Once again the $3.95 reversed this markets upward momentum. A move and close over $3.95 is needed to develop a strong trend. A close in copper this week over the $3.95 level sets this market up to challenge the $4.25 to $4.30 areas. We continue to view the longer-term trend in copper as positive. The market action looks as though it has created a large base to move higher in the future. Long term traders should be holding long positions in this index with appropriate money management stops.
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See suggested COPPER trading instruments HERE.
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CRUDE OIL (MAY 2012)
BIG PICTURE:  Trading Range  -60
TRADE TRIANGLES: Monthly = Bullish | Weekly = Bearish | Daily = Bearish

We believe the low seen yesterday on the May contract around the $102 area is going to be an important support level for this market. We are looking for the May contract to continue to consolidate around current levels and eventually move up to the $108 area, where it should find resistance. We continue to like the long-term chart formation which we believe will eventually push this market higher until early April. We are looking for crude oil to make its highs probably somewhere in the April-May period.  With a Score of -60, this commodity is currently in a trading range.  With our monthly Trade Triangle in a positive mode, we expect that the downside pressure in this market has come to an end. Long term traders should remain long this market with appropriate money management stops.
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See suggested CRUDE OIL trading instruments HERE.
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DOLLAR INDEX
BIG PICTURE:  Emerging Trend  -70
TRADE TRIANGLES: Monthly = Bullish | Weekly = Bearish | Daily = Bearish

This index has a bullish divergence in place, with the price going lower and momentum going higher. We expect this index to rally from current levels which are currently around the $78.80 area. A Score of -70 indicates that this index has once again moved into an emerging trend to the downside. Long term traders using our Trade Triangle technology should maintain long positions with the appropriate stops in place.

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See suggested DOLLAR INDEX trading instruments HERE.
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REUTERS/JEFFERIES CRB COMMODITY INDEX
BIG PICTURE:  Emerging Trend  -70
TRADE TRIANGLES: Monthly = Bullish | Weekly = Bearish | Daily = Bearish

We believe that a bottom has been put in place around the $306.00- $307.00 levels. A close this week over the $316 level is need to reignite this market to the upside and would be a strong bullish signal for inflation. We believe the driver of this inflationary trend will be crude oil. Long-term traders should hold long positions in this index with appropriate money management stops.
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See suggested REUTERS/JEFFERIES CRB COMMODITY INDEX trading instruments HERE.
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PERSONAL MARKETCLUB COACHING
Free consultation, Free call.
Give us a call at: 1-877-219-1482
International: 1-801-341-3981
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This is Adam Hewison for MarketClub, wishing you every success in trading.

Adam Hewison
President INO.com and co-founder of MarketClub.com