Tag: dollar

Daily Video Update: Friday the 13th and the price of "Whale Meat"

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 13th of July.

This morning before the bell, JP Morgan Chase announced their earnings for the second quarter and the size of the loss they took on a synthetic derivative (whale) trade made out of their London office. I guess the price of whale meat is about $5.8 billion. We may see more losses from that trade come out later, but for now they're admitting to a $5.8 billion loss. However, the market is acting in a positive manner to this earnings announcement and JP Morgan Chase is trending higher for the day and is now also higher for the week. The same cannot be said for the overall stock market, which is at this moment showing a net loss for the week.

TODAY'S MARKET MOVING SECTORS and STOCKS:
Percentage changes in stocks are relative to the S&P 500 Continue reading "Daily Video Update: Friday the 13th and the price of "Whale Meat"" →

Daily Video Update: Warren Buffet said that "Europe is beginning to slip pretty fast ... "

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 12th of July.

We are glad to see that Warren Buffet is in agreement with our Trade Triangle technology, which has being negative on Europe and the United States for sometime.

We were pretty sure that this week was going to be an important week for the markets, and it's turning out to be just such a week. Since tomorrow is Friday, we'll see how the markets behave as JP Morgan Chase drops a bomb on the markets reporting their earnings and derivatives loss.

TODAY'S MARKET MOVING SECTORS and STOCKS:
Percentage changes in stocks are relative to the S&P 500 Continue reading "Daily Video Update: Warren Buffet said that "Europe is beginning to slip pretty fast ... "" →

Daily Video Update: Is Global Gloom Setting In?

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 9th of July.

This could be the start of a very interesting week, both in equities and in commodity prices. Earnings will be coming out this week on some major stocks and we will be on the lookout for more news from Europe. It would seem the global rate cuts last week did nada for the the markets so far.

TODAY'S MARKET MOVING SECTORS and STOCKS:
Percentage changes in stocks are relative to the S&P 500 Continue reading "Daily Video Update: Is Global Gloom Setting In?" →

Daily Video Update: Another Jobs Disaster Report …but will it translate into a loss of confidence in the stock market?

Posted on by The INO.com Team

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

Here is where the markets stand: As of 11:30 7/06..... Continue reading "Daily Video Update: Another Jobs Disaster Report …but will it translate into a loss of confidence in the stock market?" →

Daily Video Update: Wow!! I Guess Europe is not quite ready to roll over and play dead.

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Friday, the 29th of June.

The devil is in the details and the situation in Europe has yet to be clarified. Let's see what happens when the details come out. At the moment, the markets are reacting positively to this quasi arrangement in Europe, but I believe it's too early to tell even looking at the markets. Continue reading "Daily Video Update: Wow!! I Guess Europe is not quite ready to roll over and play dead." →