Tag: Donchian Trade Channel
Weekend Update: Nobody knows what to do ... except
Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 11/25/11.
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Nobody knows what to do ... except the markets and our Trade Triangle Technology!
It's just that simple.
Okay, now let's go to the charts and prove how Continue reading "Weekend Update: Nobody knows what to do ... except"
Weekend Update: SUPERCOMMITTEE, EUROPE, and other big problems for the markets.
Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 11/18/11.
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SUPERCOMMITTEE, EUROPE, and other big problems for the markets
This week I want to give credit where credit is due. One thing that Washington does really well, is they know how to name things, have you noticed that? Remember these names? The American Recovery and Reinvestment Act of 2009, Shovel Ready Jobs, or my favorite, "Cash for Clunkers" remember that one?
Now comes the SUPERCOMMITTEE, it's not just a committee, it's a SUPERCOMMITTEE with no space. I keep thinking to myself, what is a SUPERCOMMITTEE, how is it different from a committee? In fact, I was so intrigued that I looked up SUPERCOMMITTEE in the dictionary, the word doesn't even exist. Like a lot of things in Washington these days, it's all about smoke and mirrors, followed by no substance.
On the 23rd of this month, just before Thanksgiving, the so-called SUPERCOMMITTEE is going to come out with their recommendations, it's not going to happen. Chances are, the report/recommendations will be delayed until the following week. If anyone's good at kicking the can down the road, it's Washington.
Another fly in the ointment for the markets this coming week, is the Continue reading "Weekend Update: SUPERCOMMITTEE, EUROPE, and other big problems for the markets."
First it was Greece, then it was Italy, now it's ...Weekend Update
Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 11/11/11.
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First it was Greece, then it was Italy, now it's the Super Committee
Last week it was all about Greece and Italy, and while those two countries are not off our radar screen by a long shot, along comes the Super Committee. This closed door, 12 member committee, made up of members of the House and Senate could give the markets a Super Headache.
Investors are concerned about how this super committee is going to cut 1.2 trillion dollars in Continue reading "First it was Greece, then it was Italy, now it's ...Weekend Update"
Weekend Update: THE GREEK MINDSET ROCKS THE MARKETS!
Hello fellow traders everywhere. Adam Hewison here co-founder of MarketClub with your weekend update for the trading week ending on 11/04/11.
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THE GREEK MINDSET ROCKS THE MARKETS
One of my favorite musical pieces, is the music from Zorba the Greek. If you haven't heard the music, or if you were too young to have seen the movie (1964), starring Anthony Quinn and Alan Bates, you might want to watch it. The movie captures the Greek mindset perfectly, and that mindset is still in place almost 50 years later. Zorba the movie is available on Netflix to those of you who still use that service. Continue reading "Weekend Update: THE GREEK MINDSET ROCKS THE MARKETS!"
