Tag: dollar

Daily Video Update: It is all eyes on Europe and the June 28th Summit

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 26th of June.

My bet is nothing is going to happen, as the proverbial can gets kicked down the road yet again.

My solution for the Euro and the Euro Zone: Have Germany leave and go back to the Deutschmark and let the other countries figure out what to do with the Euro.

2 STOCKS ON THE MOVE TODAY:
The following stock had monthly SELL signals based on our Trade Triangle Technology and liquid volume of over one million shares traded daily.
NEWS CORP (NWSA) and NEWS (NWS) Continue reading "Daily Video Update: It is all eyes on Europe and the June 28th Summit" →

Daily Video Update: Thursday was a disaster for the bulls

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 22nd of June.

Make no mistake about it, Thursday was a disaster for the bulls in the equity markets. Watching crude oil fall below $80 a barrel and seeing gold crashing down, it was difficult to see what was going to keep stocks higher for the day. Yesterday's stock crash was a huge blow to the bullish case for stocks. As you know, our long-term monthly Trade Triangle has stayed negative on the equity markets and remains negative. We are now lower for the week in the S&P 500, the DOW and the NASDAQ. A flat to mediocre close today will be indicative of more pressure on the equity markets next week.

Gold is flat for the year and shows no indication of turning around anytime soon. Crude oil is also down on the year and is not closing well on the weekly charts. Continue reading "Daily Video Update: Thursday was a disaster for the bulls" →

Daily Video Update: What does the "D" word mean to you?

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 21st of June.

Well, it could mean Dimone as in Jamie Dimone from Citibank, or it could mean Depression as in world, or it could mean Deflation. The question is, are the markets moving into what appears to be a deflationary cycle? With the continued weakness in crude oil and gold, it all points to less demand in the world markets for oil. And with gold down almost $40 today, it says that investors are fleeing what was a hedge against inflation. The Reuters/Jeffries CRB Index is now at its lowest level in over 22 months, yet another sign that we are in a deflationary environment.

As an investor/trader, what can you do? Continue reading "Daily Video Update: What does the "D" word mean to you?" →

Daily Video Update: Why Fibonacci is so Important

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 19th of June.

How Fibonacci retracements work (video).

3 STOCKS ON THE MOVE TODAY:
The following stocks had monthly buy signals based on our Trade Triangle Technology and liquid volume of over two million shares traded daily.
RAYTHEON (RTN),COSTCO WHOLESALE (COST),and CABOT OIL & GAS (COG).

TODAY'S MARKET MOVING SECTORS and STOCKS: Continue reading "Daily Video Update: Why Fibonacci is so Important" →

Daily Video Update: Is it my imagination or did the Greeks just kick the can down the road again?

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 18th of June.

While the eyes of the world were glued to the Greek elections, another election took place halfway across the world in Egypt. The outcome of that election could have far greater consequences to Western society than a little country in southern Europe.

I am, of course, talking about the potential for war between the Muslims and the Jews over Israel. This would not be a good thing for anyone. At no time in my career have I seen so many conflicting elements around the world, all of which portend to big changes in the markets. Continue reading "Daily Video Update: Is it my imagination or did the Greeks just kick the can down the road again?" →