I wanted to share this with you this morning to show that the only thing you can count on is yourself and the market. When you listen to the hype and not the market you are going to lose money. This from our news partner AP. We welcome your comments.
Adam
Hello traders everywhere. Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Friday the 24th of June.
It has been quite a week with the Greek problem still not out of the woods. Ben Bernanke indicated that the economy is not so good after all. Plus the release of 30 million barrels of oil just enough for the US to get through a day or two. How crazy is all of that.
Okay, here it is the end of the week and the markets are mixed at 1pm. The Dow is down for the week right now, the NASDAQ is on the plus side, and the S&P500 is stuck in the middle of the road and has barely changed this week.
Now let's take a look at what's happening in the markets today... Continue reading "Trading on "Eggshells""
Bernanke gave his second speech last Wednesday voicing his pessimism regarding the state of the U.S. economy. After his speech, people were left with mixed emotions on whether there is any worth to his words and if he (and the FED) will ever make this attempted recovery successful. So we are taking our own approval rating...
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Hello traders everywhere. Adam Hewison here, co-founder of MarketClub, with your 1 p.m. market update for Wednesday the 22nd of June.
Yesterday it was Greece, today it's Ben Bernanke and the FED. What is really going on with the equity market is that no one has strong feelings either on the upside or downside . This neutrality is reflected in our +55 reading indicating that the market remains in a trading range. Today we want to do something a little bit different, I am going to go through each of the markets quickly, and then zoom in and focus on two markets crude oil and silver. I think you'll find our analysis quite interesting and informative.
Now let's take a look at what's happening in the markets... Continue reading "Does Bernanke know best?"
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