Tag: Crude Oil

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Tuesday, the 20th of September.

Sometimes markets don't make sense.

Commentators tend to think they have to make comments on every single blip in the market. Sometimes it's just not possible to put a handle on what drives a market on any given day. Today maybe one of those days when the news that came out was not particularly positive, yet the general market moved higher.

That was not the same story for the bank stocks that reflected the downgrade by Standard & Poor's for Italy overnight. The International Monetary Fund (IMF) also warned of continued economic weakness. And then the market's rally. Like I said earlier, sometimes it is impossible to tell what's going to happen on a day-to-day basis.

You have to look at the big trends in the market to help you when the market doesn't make sense. And right now the big trends continue to remain negative for the equity markets and positive for the gold market. Those two factors have not changed as of this writing.

We have discussed perception many times before and this is one of the most powerful elements in any market. One only has to look at the recent example of Netflix to understand how powerful perception can be in the market. In fact, it is one of the stocks we will look at today to show you just how our Trade Triangle technology works and how it can benefit you in the future.

Now, let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "Sometimes Markets Don't Make Sense" →

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Monday, the 19th of September.

I want a divorce…

Perhaps this is a little bit of a teaser headline, but the reality is Angela Merkel, the German chancellor, must be thinking that she would love a divorce from these other euro countries. Politically, it would solve a great many problems for her.

Here you have Germany, who is Europe's economic powerhouse, being pulled down by the likes of Greece, Spain, Portugal and Ireland. If you were in Angela Merkel's shoes right now, wouldn't you want to divorce these countries?

Now the politicians can't blame this one on the banks. They were the ones that overspent, they were the ones who recklessly put programs into place that just cost too much money. So there you have it! It's not the banks, it is the politicians who are the problem...

Does anybody believe that Greece is going to pay back what they owe? Their debt now stands at 165% of GDP. There is no way that Greece can get themselves out of this. Will Ireland, Spain, and Portugal be able to hold on if Greece goes under?

Lastly, everyone loved the market on the upside last week. Today that sentiment has changed as the problems in Europe are once again in the forefront of every investors mind. Europe is the tail that is wagging the world economy.

Now, let's go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading ""I want a DIVORCE... "" →

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Friday, the 16th of September.

Seventy years ago, the United States went over to Europe to save Europe from an imminent Nazi invasion. It was a different world back then and America was a different country. At that time, America was a strong growing nation having just come out of the depression years.

Here we are seventy years later, once again going over to save Europe. Let me rephrase that, Timmy Geithner is going to help save Europe again. Somehow, I just don't buy it.

The EuroZone is in deep, deep financial trouble.  America is not the America of the past, when it was the driving force of the world's economy. That was when people used to work hard and we made things in America. American's used to be able to save money. Continue reading "Is America Planning on Rescuing Europe Again?" →

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your 1 p.m. market update for Thursday, the 15th of September.

A rogue trader loses two billion dollars for UBS! Are you kidding me?! Here's a major bank that wants your money and one guy blows $2 billion! Where was the supervision? Where were the risk controls for the bank?

Where I trade, you could never get away with that kind of economic garbage. I guess the question is, who was minding the store when all this happened? The next question would be, is this the tip of the iceberg? This huge loss of $2 billion is miniscule compared to the losses the banks have on their books with foreclosures and sub-prime mortgages.

Well, it would seem as though this is the week for losses.

The company, Solyndra, that was backed by the current administration to the tune of $523 million, just declared bankruptcy twelve months after they were given the government loan. That equates to a burn rate of over $40 million a month. That's faster and more than the .com companies were burning through in 2000.

Does anybody really think the problems with Greece are over? None of the politicians will ever have the courage to admit that they are up a creek without a paddle. The answer it seems from every politician is to tax, tax, and tax more. In the case of Greece, we are going to see the people that have any wealth whatsoever leave the country. Taxes don't solve problems. People, businesses and entrepreneurs solve problems.

There is not one government program that I can think of that is (1) efficient and (2) successful.

All this talk about massive losses and taxes is quite depressing, so let's lighten the mood and go to the 6 major markets we track every day and see how we can create and maintain your wealth in 2011. Continue reading "LOSSES EVERYWHERE!" →