Tag: dollar

Where Will the Markets Finish Q3?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 28th of September.

What does the word austerity mean to you?

"Austerity: noun, the trait of great self denial, especially refraining from worldly pleasures, strict economy."

It would seem that the meaning of the word "austerity" has been lost in translation in Europe. How can you expand and grow an economy when the very meaning of austerity is the opposite of expansion? There is no way Greece or any country can grow their economy in an austerity program. They won't be able to pay back the massive amount of money they owe everyone.

What we are seeing now is pure political theater. Everyone talks a good game, but unfortunately there are no easy answers or solutions to a problem that took years to grow into a global problem.

We are just two days short of the end of Q3 and the end of the month. How are these markets going to close for the quarter and for the week? Depending on which markets you are looking at, most markets are lower for the month, with the exception of the dollar index. The dollar index could possibly close at a seven-month high on the monthly charts.

One thing is for certain, Europe is not the United States of America. In Europe there are too many areas of national pride for each individual country. I always believed this national trait would act as the Achilles' heel in a euro zone economy. My view has not changed.

Can the banks be saved? We will let the markets answer that question for us.

Now let's go to the 6 major markets we track and update every trading day and see how we can create and maintain your wealth in 2011. Continue reading "Where Will the Markets Finish Q3?" →

How Much Does It Cost to Create a Job?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 27th of September.

How much does it cost to create a job?

According to Martin Feldstein, a Harvard economist, each job that is created by the "American Jobs Act" would cost taxpayers about $200,000.

I think that most small businesses could produce three times as many jobs on the same amount of money. It seems the government is jumping into an area where it has proven in the past to have no expertise.

You would think the government would argue that it's going to cost a lot less than $200,000 to create each new job, but according to Timothy Geithner in a recent ABC interview, he didn't dispute that number at all!

We have been saying the markets were very oversold and ripe for a rally. I believe the rally we have seen in the last two days is basically a short covering rally. Last week, we saw a tremendous liquidation of all risk assets across the board in most markets. This week, we're seeing some of those short positions being covered with very little selling above the market. This is all predicated on a potential solution to the Greek/European problem.

Mr. Geithner also claimed in the same interview that if Europe went under, the US banks would stand to lose $41 billion. So here we are again, borrowing money to bail out the banks. We used to have legislation on the books that would have prevented the current problem with the banks. That law was put into place I believe, right after the great depression and was lifted because all the bankers felt that it would never happen again. Well, history repeats itself, just like the markets do. There is an old Hungarian proverb that says, "The past is the teacher of the future." This has never been more true than it is today.

Now let's go to the 6 major markets we track and update every trading day and see how we can create and maintain your wealth in 2011. Continue reading "How Much Does It Cost to Create a Job?" →

All Eyes Continue To Focus On Europe

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 26th of September.

Here we are on the first day of the last week of September, with the end of Q3 approaching on Friday. Are the equity markets building a base to go higher? Or is this just a pause before we start heading back down?

All eyes continue to be focused on the European problem, especially Greece. We still believe Greece will default on their debt. And we still think that the politicians are looking for an easy way out of this economic malaise, unwilling to accept the consequences of their actions.

Last week we saw all the markets under pressure. For the last couple of days we've seen some minor support coming to the equity markets. And just today we have seen support come into the metals markets at much lower levels than most folks anticipated.

As always we rely on our Trade Triangle Technology which continues to point the way to profits.

Now let's go to the 6 major markets we track and update every trading day and see how we can create and maintain your wealth in 2011. Continue reading "All Eyes Continue To Focus On Europe" →

What A Week! Weekend Video Update

Posted on by The INO.com Team

Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 9/23/11.

What a week!

Depending on what side of the market you are on, it was either a terrible week or a fantastic week.

Fortunately, for MarketClub members they were on the right side of the market's, based on our Trade Triangle technology.

We have said this before, picking tops of bottoms is not where you make the money. You make your money catching the middle part of the big move.

Out of the 6 markets that we track, only one, the dollar index, closed with a positive gain for the week.

The metals market, melted with silver losing an astounding 23.52% and gold ending the week, down 8.57%.

The S&P 500 Index, which put in a positive week 2 weeks ago, gave back everything and then some with a loss of 6.54%.

Both crude oil, and the Reuters/Jefferies CRB Commodity Index, both tumbled producing losses of 8.33% and 8.41% for the week.

The only bright spot for the bulls was the US dollar index which closed up 2.29%.

It would appear that all the predictions for higher gold prices and lower dollars went out the window last week. It proves once again, that the market tells you what it wants to do. Our Trade Triangle technology, gave precise and very clear signals to MarketClub members on the direction of all the markets.

Let's go take a look at the markets and see how we can preserve and protect and grow your capital in 2011.

S&P500: Change for the week: - 6.54%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long SPY) (Short SH)
2 x Leveraged ETF's: (Long SSO)(Short SDS)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
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SILVER (SPOT): Change for the week: - 23.52%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long SLV) (Short the ETF SLV)
Leveraged ETF's: (Long AQG) (Short ZSL)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

GOLD (SPOT): Change for the week: - 8.57%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long GLD) (Short the ETF GLD)
Leveraged ETF's:(Long UGL) (Short GLL)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

CRUDE OIL (November): Change for the week: - 8.33%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long USO) (Short the ETF USO)
Leveraged ETF's: (Long UCO) (Short DTO)
Futures: Call your broker
Options: Call your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

$DOLLAR INDEX (SPOT): Change for the week: + 2.29%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long UUP) (Short UDN)
Non Available Leveraged ETF's: (Long -) (Short -)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

REUTER/JEFFRIES CRB COMMODITY INDEX (SPOT): Change for the week: - 8.41%
Suggested Trading Instruments:
Non Leveraged ETF's: (Long CRBQ) (Short the ETF CRBQ)
Leveraged ETF's: (Long UCO) (Short CMD)
Futures: Contact your broker
Options: Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
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As always, we rely on our market proven Trade Triangle technology for catching the big moves.

MARKETCLUB ONE-ON-ONE PERSONAL COACHING

This weekend, I would like you to ask yourself this question, IS PERSONAL COACHING RIGHT FOR ME?

Give us a call at 877–219–1482 for a free consultation and find out if personal coaching is right for you.

This is  Adam Hewison for MarketClub, I'll see you Monday, have a great weekend.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

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So What's Ahead?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your market update for Friday, the 23rd of September.

I believe it has begun... A total loss of confidence in the markets and zero political leadership in the world.

So what's ahead?

For traders who are not in the loop, it's going to be rough ride! For traders who are informed, it's going to be a bonanza! We plan to make the most of it using both our experience and our market proven Trade Triangles.

It is impossible for any politicians to escape the reality of what we shared with you yesterday. The economic cycles that Kondratieff discovered and later wrote about, are the irrefutable laws of economic expansion (good times) and economic contraction (hard times) of a capitalistic economy. I don't have to remind you which part of the Kondratieff cycle we are in now.

Yesterday, markets around the world voted and the vote reflected a huge sign of no confidence for the global equity markets.

Are we all connected? The answer is yes, now more than ever.

Billy Joel sang in his 1982 hit Goodnight Saigon "… and we will all go down together". It looks to me like that's what is happening now in all the markets.

Key level to watch in the SP500 index today 1123.53. A close below that level should be a signal for aggressive traders to short this market for the weekend.

Now let's go to the 6 major markets we track and update every trading day and see how we can create and maintain your wealth in 2011. Continue reading "So What's Ahead?" →