Tag: dollar

Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 7th of February.

Crude Oil flashes signs of growing tension.
The crude oil market has a range of three dollars so far today and is moving to the upside as traders turn their attention away from Europe, to the growing tensions in the Middle East.

Bernanke speaks and gold rallies.
After the recent sell-off in gold, Chairman Bernanke comes to the rescue and gold pops up. Amazing how that happens!

3 Stocks on the move today: Continue reading "Crude Oil comes alive as traders turn away from Europe and refocus on the Middle East." →

Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 6th of February.

Gold succumbs to gravity.
The gold market finally succumbs to gravity and flashes a caution signal.

The pause that refreshes.
After big gains in January and early February, the equity markets pause to catch their breath.

3 Stocks on the move today: Continue reading "It's halftime in America and the final minutes of the game in Greece!" →

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

How do you find winning trades on Friday?
Use "The 52-week new highs on Friday rule"! Here are the three rules you need to trade:

Rule # 1: When a market closes at or close to a new 52-week high on a Friday, buy and go home long for the weekend.
Rule # 2: Exit the long position on the opening the following Tuesday.
Rule # 3: If the market opens sharply lower on Monday, exit the position immediately.

"The 52-week new highs on Friday rule" works extremely well in futures and in the Forex markets. This rule can be reversed for "The 52-week new lows on Friday rule" if you are so inclined to trade the short side of the market. MarketClub members can easily find new 52 week highs using our SmartScan tool. Continue reading "It's Friday...Do you know how to find winning trades today?" →

Hello fellow traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 2nd of February.

Is the move in gold for real, or is it just hype at this point?
We will examine gold and see what led to today's rally.

3 Stocks on the move today:
ABERCROMBIE & FITCH (ANF), CUMMINS (CMI), and MASTERCARD (MA). Continue reading "Bernanke speaks and gold rallies…Amazing." →