Today's Video Update: Fear And Uncertainty Enter The Markets

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Wednesday, the 17th of April.

Fear And Uncertainty Enter The Markets
It is only Wednesday, but it has been one heck of a week already! The biggest take away for me this week, was the big moves seen on Monday in equities, gold and crude oil. For the first time, we are seeing the twin elements of fear and uncertainty enter into the markets. These two elements are incredibly powerful and tend to move markets much more than fundamentals ever do. The battle lines are clearly drawn for the equity markets with the lows seen on Monday as the proverbial "line in the sand" for equity traders. Crude oil and gold are now both in clear downtrends and are set to still move lower. Continue reading "Today's Video Update: Fear And Uncertainty Enter The Markets"

Today's Video Update: Gold and Cyprus - The Meltdown Continues

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 15th of April.

The Meltdown in Gold Continues
As it occured on Friday, a close below the $1,500 level would not be a good sign for this once precious metal. Reports this weekend that Cyprus will be selling $500,000,000 in gold also put downside pressure on this market. I continue to see this market under pressure and headed lower. Continue reading "Today's Video Update: Gold and Cyprus - The Meltdown Continues"

Today's Video Update: Gold and Oil Prices Swoon

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 12th of April.

Gold
Gold (XAUUSDO) continues to come under pressure and is going to close out the week on a negative note. It would appear as though nobody wants to hold gold anymore. The gold market is close to a key area of support around the $1,500 area. A close below that area today does not auger too well for this market. Rumors that Cyprus is selling gold to improve its bank balances is also adding downside pressure on an already depressed market. We will be checking in on gold today and analyzing just how far this market can go from here. Continue reading "Today's Video Update: Gold and Oil Prices Swoon"

Today's Video Update: The Law of the Market

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 11th of April.

Adapt or Die - That is the Law of the Market
As a trader, you must learn to adapt to changing conditions in the market, otherwise you are not going to be successful. The current rally in the DOW (DJI) and the S&P 500 (SP500) is a case in point. Maybe the fundamentals are not there to support the kind of valuations we are seeing, but that is not the most important element to consider when you look at the markets. If you were only looking at the fundamentals, you would have missed this entire move to the upside. The trend, sentiment and perception of what the market is going to do is very important, and right now for better or worse, the market is heading higher. Markets tend to trend in the direction of least resistance and right now that trend is on the upside.

There also appears to be a complete disconnect between Washington, Wall Street and Main Street. The feedback from Main Street, which is still underwater, is not that good and I think everyone would agree Washington is totally dysfunctional. Wall Street appears to be in its own universe, ruled by Chairman Bernanke and supported by the Fed, to the tune of $85 billion every month. Providing the Fed fix continues, we are likely to see the market continue its upward trend. Continue reading "Today's Video Update: The Law of the Market"

Today's Video Update: Great Britain Lost Its Last Great Leader Today

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 8th of April.

The Amazing Iron Lady
As a former citizen of England, I was saddened to read news that Margaret Thatcher, one of the great leaders of the world, died today. The "Iron Lady," as she was nicknamed, really did change the world and the economy of Great Britain. The world needs more leaders like the late Maggie Thatcher, instead of the poll-driven, politically-correct-don't-offend-anyone types whose only mission is to stay in office at all costs! Margaret Thatcher was one-of-a-kind and you don't see that coming along every day in this leaderless world. Continue reading "Today's Video Update: Great Britain Lost Its Last Great Leader Today"