Daily Video Update: As we start Q3 is a global slowdown in the cards?

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

A surprise announcement out of the European summit pushed the market higher on Friday. It was also the end of the week, the end of the month, and the end of the quarter. For Q2 most of the markets were down, including the equity markets. We think that's an important element to look at. We still believe the trend is down and intact and that Friday was more of a short covering rally.

2 STOCKS ON THE MOVE TODAY:
The following stocks had monthly BUY signals based on our Trade Triangle Technology and liquid volume of over one million shares traded daily:
ARMOUR RESIDENTIAL REIT (ARR) New Monthly Trade Triangle @ 7.10
SUNTRUST BANKS (STI) New Monthly Trade Triangle @ 24.83 Continue reading "Daily Video Update: As we start Q3 is a global slowdown in the cards?"

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

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."

Daily Video Update: ObamaCare, the European Summit, the end of the month and Q2, what's there to worry about?

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

Forget the news, forget the political pundits. Let the market decide what's going to happen. The decision by the Supreme Court today on ObamaCare, was met with a decided negative vote from the market.

The bottom line is and always will be, the market. It tells you what is really going on with the smart money, and what they are doing with their money. Aren't they the ones that you want to follow? Continue reading "Daily Video Update: ObamaCare, the European Summit, the end of the month and Q2, what's there to worry about?"

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

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: Psst, brother can you spare 100 Billion Euros for Spain?

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 25th of June.

Let's get serious... Spain is the fourth largest economy in Europe and it is asking for a 100+ billion Euros to bailout the banks. That's got me really concerned and I don't believe the politicians have an answer that they can live with and stay in office. All politicians have done for the last 2 1/2 years is kick the can down the road and there's no indication that is going to change anytime soon.

Now look at Greece, a small economy compared to Spain, but here you have the prime minister and his finance minister suddenly ill and not able to attend the 14th summit meeting on the European problems on the 28th. What does that mean? Well, it's a delay tactic and once again kicking the can down the road. No politician wants to face the inevitable. I think there's going to be a lot of pain and some major haircuts involved, it's impossible to avoid that. If you did not see my video this past weekend on the S&P 500, I strongly recommend you watch it and see the conclusions I draw from an amazing recurrent pattern. Continue reading "Daily Video Update: Psst, brother can you spare 100 Billion Euros for Spain?"